Latest news
Russia launches new oil pipeline to the Pacific
This week Russian President Vladimir Putin has announced the completion of the 4,740 km-long (2,945 miles) East Siberia - Pacific Ocean (ESPO) section, which runs between the Siberian city of Skovorodino and the Pacific port of Kozmino. The pipeline has the objective to increase sales to the United States, as sales to Europe have significantly decreased. The ESPO will reinforce the dominant position in the international crude markets.
read more... 26/12/2012
Lukoil - the winner of three Siberian oil fields auction
Lukoil, the country's second-biggest oil producer by output, won at an auction for three Siberian oilfields.
read more... 26/12/2012
Norway the world leader in renewable energy: between myth and reality
Norway occupies a special place when it comes to renewable energy –with 95% of energy produced from hydropower, mainly due to a very good geographical position. Besides this, the energy prices are among the lowest in Europe.
read more... 26/12/2012
Norwegian oil giant Statoil to invest $7bn in North Sea project
Norway’s Statoil will develop a $7bn (£4.3bn) North Sea oil field, the largest offshore development in the UK in more than 10 years.
read more... 25/12/2012
Blue Energy to build its biggest solar plant in Africa
The British firm Blue Energy is building the biggest solar plant in Africa and the fourth-largest in the world. The $400 million Nzema solar plant will produce 155 megawatts of electricity, increasing the country’s electricity capacity by 6 %.
read more... 24/12/2012