Latest news
China and Russia to ink a $1.6 bln deal on Siberian LNG Project
A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has inked a $1.6 billion engineering deal to build equipment for a liquefied natural gas (LNG) project in Siberia, the company declared on Wednesday.
read more... 14/07/2014
Croatia is on track to become a regional energy hub
Croatia has all the chances to become a regional energy hub, ensuring energy supplies in the area by diversifying supply options for the European countries and permitting them to reduce their grip on Russian gas, reiterated U.S. Assistant Secretary of State Victoria Nuland.
read more... 14/07/2014
Daily: Brent crude dips at three-month low on attenuating geopolitical risks
Brent crude oil reached a three-month low on Friday, prolonging losses for the third consecutive week as concerns about supply interruptions in the Middle East and North Africa continued to attenuate. The decline also weighed on U.S. crude futures, which dipped to a two-month low under $101.
read more... 14/07/2014
Germany, the FIFA world cup winner, hit another green energy record in the first semester of 2014
Renewable energy accounted for about 31 percent of Germany’s electricity mix in the first half of 2014 due to abundant sunshine and wind, according to a new report released by the Fraunhofer Institut.
read more... 14/07/2014
Serbia inks a 2.1 billion euro contract with Gazprom to build South Stream section
The Russian natural gas giant Gazprom announced that its Serbian subsidiary Centrgaz wil be responsible for buiding the South Stream natural gas pipeline in the country. The move came after its subsidiary had won a tender for the construction of the pipeline in Serbia.
read more... 11/07/2014