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Egypt signed $1 billion oil & gas exploration deal with Shell and Petronas

The Egyptian Ministry of Petroleum has signed a deep-water oil & gas exploration agreement with Shell and Malaysia’s Petronas, according to a statement issued by the ministry on September 15.

read more... 18/09/2018

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Gazprom and KOGAS discuss prospects for wider cooperation

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Seung-Il Cheong, President and Chief Executive Officer of KOGAS, took place today at the 4th Eastern Economic Forum in Vladivostok.

read more... 18/09/2018

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Google nets 190MW in Finland

CPC Finland is to supply Google with electricity from a wind farm in Lakiakangas, as part of deals with three projects totalling 190MW in the Scandinavian country.

read more... 18/09/2018

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Daily (17.09.2018): German spot electricity contract lost 20.1% on Friday, due to increased solar and coal power supply

Oil crude prices were almost steady on Friday after the previous session's sharp decline caused by worries about lower demand. However, prices recouped losses to end the week higher, stimulated by earlier gains on supply constraints from Iran following U.S. sanctions. WTI crude closed 0.6% up at $68.99 a barrel, while Brent price edged slightly down at $78.09 a barrel.

read more... 17/09/2018

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SSE seeks nod for 80-MW wind repowering project in Scotland

UK energy group SSE is seeking permission for a repowering plan that will lift to 80 MW the capacity of a 18.7-MW wind farm in Scotland.

read more... 17/09/2018

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