Latest news
Oil shipping to bypass Turkish straits
Turkey is planning to meet oil companies that ship oil from Black Sea to major world markets through Turkish straights Bosfor and Dardanelles.
read more... 23/06/2010
France will take part in South Stream project
The memorandum concerning the number of shares transferred to the French company EDF was signed last Saturday, at Economic Forum in Sankt Petersburg.
read more... 22/06/2010
Prices for crude are pushed up by flexible yuan
The prices for crude oil jumped on Monday over $78 per barrel after Central Bank of China let the yuan fluctuate freely against the dollar.
read more... 22/06/2010
Vestas to supply 50 MW wind turbines for China
Datang Renewable Power ordered 25 wind turbines for a wind farm in China from Danish manufacturer Vestas, the second 50MW order of V80 2MW turbines series in five days.
read more... 22/06/2010
Russia will cut gas supplies to Belarus by 85 %
Russian gas giant Gazprom declared on June 18 that they are ready to cut the gas supplies to their Belarus partner Beltransgaz if they fail to pay off their debt by June 21st.
read more... 21/06/2010