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
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
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
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
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