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Oil price has exceeded $77

Oil price has recovered, reaching a level higher than $77, after the EU decided to insure themselves against new risks of insolvency, promising that energy demand will tend to increase.

read more... 10/05/2010

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Recovery of the European energy demand

Energy demand in Europe has recovered in the period of 2009-2010, caused by the economic crisis, when gas and electricity demand reduced.

read more... 07/05/2010

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A possible merger between Gazprom and Naftogaz

Russian Prime Minister Vladimir Putin proposed at a meeting of the intergovernmental committee, a merger between Russian giant gas company Gazprom and Ukrainian energy company NAK Naftogaz.

read more... 04/05/2010

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Gazprom’s activity on the electricity market

Gazprom, Russian’s biggest gas supplier, intends to make modifications in its portfolio by changing its assets with those of energy sector investors, including and those of Finland's Fortum, in order to regroup all its energy units in one big utility.

read more... 30/04/2010

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Offshore wind capacity reached 1 GW in UK

At present, UK is a global leader in offshore wind energy generation, its growing offshore wind capacity reaching 1,041GW, as E.ON’s Robin Rigg wind farm and DONG Energy’s Gunfleet Sands farms started producing electricity.

read more... 28/04/2010

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