Latest news
China unveils a mega-project, with natural gas as a priority
China unveiled a mega-project called “One Belt – One Road” which will unleash a regional infrastructure boom by connecting China with Asia, Europe and Africa by land and sea. If completed, it will be the biggest infrastructure undertaking ever built.
read more... 29/06/2015
GE will defend Alstom electricity unit to purchase at EU hearing
General Electric will try to convince hesitant EU antitrust regulators of the merits of its 12.4 billion euro (US$13.9 billion) offer for Alstom's electricity unit at a hearing, as stated by the U.S. consortium on Saturday.
read more... 29/06/2015
Siemens might construct new power gear plant
German industrial conglomerate Siemens is thinking about constructing a new plant in Germany to produce parts for wind turbines, as declared by its chief executive to a German newspaper.
read more... 29/06/2015
Daily: Crude oil closes flat, with Brent slightly up after two-day decline
Crude futures settled little changed on Friday after signs that Greece might reach a deal by the weekend to avert a Greek debt default, while Iran struggled to ink a nuclear agreement to halt sanctions on its oil exports. Brent posted a modest rise after declining for two consecutive days, while WTI crude prolonged its downward trend after indications that the country's oil rig count may start increasing soon. Brent crude boosted 6 cents, or 0.1 percent, to settle at $63.26 a barrel. U.S. crude eased 7 cents, or 0.1 percent, to close at $59.63.
read more... 29/06/2015
Russia expected to slash its natural gas transit volume via Ukraine
Russia is expected to slash its natural gas deliveries via Ukraine by about 18% this year, declared the Ukrainian gas transit monopoly Ukrtransgaz.
read more... 26/06/2015