Latest news
UK exports gas cheaper than it pays for imports
According to the Guardian newspaper, the UK is exporting gas at a lower price than it is importing the fuel. In the period between December 2011 and October 2012, gas was being exported to continental Europe when it would have carried a higher price in the UK, at the same time as the UK exported 15 times more gas through the gas interconnector running between the UK and Belgium than it imported.
read more... 08/02/2013
Enel contributes to Greece PV growth
Enel Green Power (EGP), the renewable energy developer which is part of the Italian group Enel, has unveiled that it has installed and brought online a total of 57MW of PV capacity in Greece.
read more... 08/02/2013
Daily: UK prompt gas drops on forecasts for warmer weather
Brent crude futures boosted on Wednesday, increasing the premium to U.S. crude, while gains were capped by data showing soaring inventories in the U.S. Meanwhile, Brent March crude boosted 21 cents, or 0.18 percent, to settle at $116.73 a barrel, having traded from $115.72 to $117.05.
read more... 07/02/2013
Eni had made important oil discovery in Egypt
Italian energy company Eni has announced on Wednesday that it had made a new oil discovery, at the NFW well “Rosa North 1X‘, located in the Meleiha Concession, in the Western Desert of Egypt, as Eni plans to consolidate exploration activities in the country.
read more... 07/02/2013
Ukraine could become Eastern Europe’s energy hub
The US State Department's Special Envoy and Coordinator for International Energy Affairs, Carlos Pascual, during a meeting with Ukraine’s Prime Minister Mykola Azarov, stated that Ukraine has the potential to become an energy hub of Eastern Europe.
read more... 07/02/2013