Latest news
€35 million to raise hydropower in Morocco
Morocco will obtain an investment estimated at €35 million (£24.8m) to increase the hydropower sector in the country.
read more... 11/11/2015
Daily: Crude oil prices recover after a four-day losing streak
Crude oil prices rebounded on Tuesday, breaking a four-day losing streak in a market struggling to draw conclusions from contrasting monthly reports by the International Energy Agency (IEA) and the US Department of Energy (DoE). WTI crude prices for December delivery gained 34 cents to settle at 44.21 dollars a barrel on the New York Mercantile Exchange, while Brent crude rose 25 cents to end at 47.44 dollars on the London ICE Futures Exchange.
read more... 11/11/2015
Italy's Snam interested in acquiring 17 pct stake in Greek gas network from SOCAR
Italian gas grid operator Snam would like to purchase a 17 percent stake in Greek gas grid operator DESFA from SOCAR, as stated by the Azeri state energy company's president on Tuesday, in an agreement that may calm European Commission worries.
read more... 11/11/2015
National Grid mulls sale of UK gas distribution arm
UK’s National Grid is planning to sell a majority stake in its British gas distribution business, which could yield £10billion ($15 billion) in an auction with foreign investors.
read more... 10/11/2015
Ineos inks US shale gas ethane agreement with Exxon and Shell in Scotland
Ineos, owner of Scotland's Grangemouth petrodoil refinery, has signed an agreement with subsidiaries of ExxonMobil and Shell to provide ethane derived from U.S. shale gas which it is to import into Scotland to their neighboring chemical plant, as stated by the company on Monday.
read more... 10/11/2015