Latest news
EU will investigate Gazprom in antitrust probe
The EU Commission said it would investigate into Russia’s major Gazprom with the intention of discovering whether the export monopoly Gazprom had blocked fair competition in the natural gas markets of Central and Eastern Europe. It said it would investigate if Gazprom was obstructing the free flow of gas across the EU countries and whether it erred in charging unfair prices to its customers through its oil-linked gas prices.
read more... 06/09/2012
OPEC: World oil demand is likely to stabilize in 2012, downsizing risks for 2013
The Organization of Petroleum Exporting Countries (OPEC) has recently announced a slight boost to its global oil demand forecast for 2012 and 2013.
read more... 13/08/2012
Bulgaria to build a new nuclear unit by 2022
Bulgarian government has decided to build a new unit at the nuclear power plant in the Danube town of Kozloduy, by installing a 1000 MW reactor, produced by Russian contractor Atomstroyexport, at the nuclear plant in Kozloduy.
read more... 08/08/2012
UK: Element Power to export energy from Ireland to the UK
UK’s National Grid awarded a grid connection of 3,000MW to Element Power which will export the renewable energy to the UK via two independent subsea cables.
read more... 31/07/2012
Iran will export gas to European country despite the new EU sanctions
Iranian Oil Minister, Rostam Qassemi announced that it preparing to export gas to European countries via Turkey. According to FNA sources, the deal with the European state involves the export of 20 to 25 million cubic meters of gas supplies. Previous reports said that Iran is about to conclude three new deals for exporting gas supplies to two Persian Gulf littoral states and a European country.
read more... 19/07/2012