Romanian power grid operator Transelectrica said on Friday it plans to invest 4.1 billion lei ($1 billion/880 million euro) in network development by 2027.
read more... 26/11/2018
The pipeline is intended to have a capacity of 12 billion cubic meters of gas per year.
read more... 26/11/2018
Oil prices reversed trend on Thursday slumping to new one-year lows, after U.S. stocks reached the highest level since December last year, adding to concerns about global oversupply. Both Brent and WTI traded 1.4% lower at $62.6 a barrel and $53.86 a barrel, respectively.
read more... 23/11/2018
Russia’s largest independent natural gas producer Novatek started initial production of LNG at the third liquefaction train at its Yamal LNG facility.
read more... 23/11/2018
BP has announced the start of oil production from the £4.5bn Clair Ridge project in the West of Shetland region offshore UK.
read more... 23/11/2018