Latest news
BP inks an agreement to accelerate Egypt gas development
BP has inked a deal with Egypt to accelerate the expansion of an offshore gas field.
read more... 13/11/2015
Nordex predicts higher sales, margins after Acciona wind purchase
Nordex intends to almost double sales over the next three years, as stated by the German wind turbine manufacturer on Thursday, encouraged by its latest 785 million euros ($844 million) purchase of Spanish company Acciona's wind power business.
read more... 13/11/2015
Gazprom reduces its share in Nord Stream to 50%
Gazprom has decided to vend an extra 1 percent of its stake in the Nord Stream gas pipeline to the French company ENGIE, reducing its stake in the project to 50 percent, as mentioned by Interfax news agency on Thursday.
read more... 13/11/2015
Daily: Crude oil fell around 4%, close to the six-year low on persistent oversupply
Crude oil prices fell almost 4% on Thursday, dragged down by a persisted supply glut and an increase in U.S. inventories and by a pessimistic forecast for next year. Brent crude declined below $45 a barrel for the first time since August, its sixth decrease of a seven-day losing streak of more than $6 a barrel, or 12 percent. Brent futures lost $1.75, or 3.8 percent, to settle at $44.06 a barrel. WTI crude plunged $1.18, or 2.8 percent, to close at $41.75. It posted a record low in August at $37.75.
read more... 13/11/2015
Iran and Iraq seal a 6-year gas deal
Iran and Iraq sealed a 6-year gas deal on November 11, under which Tehran will export 25 million cubic meters per day (mcm/d) to feed three power plants in Iraq’s port city of Basra.
read more... 12/11/2015