Latest news
Iran to launch a $450 million gas pipeline to Iraq in 2013
According to an Iranian energy official, the country envisages the construction of a 136-mile natural gas pipeline to its neighbors in Iraq, with a daily capacity of 25 million cubic meters of natural gas.
read more... 08/05/2012
Germany power complex set to face a difficult winter in 2013
Germany's power grid faces a difficult job to prevent blackouts next winter, when demand is high and closure of nuclear plants still constrains supply, the country's new energy network regulator said last Friday.
read more... 08/05/2012
Enel Green Power inks financing agreement worth EUR 180m
Enel Green Power, a major global operator in the sector of renewable energy generation, through its subsidiary has inked a financing deal with the export Credit Agency and Citigroup in Dania in order to secure 180 million euros to finance the construction of three wind farms.
read more... 07/05/2012
Rosneft to strike a $2.5 billion Arctic deal with Statoil
The Russian state oil giant Rosneft announced that it inked a $2.5 billion Arctic exploration deal with Norway's major Statoil on Saturday, move that will allow companies to jointly develop four hydrocarbon deposits in Russia's Arctic and Far East.
read more... 07/05/2012
Daily – U.S. and Brent crude extend slide to more than 4 dollars
Crude oil futures decreased over 4 dollars on Friday as low U.S. jobs data renewed worries about slowing economies, weighing on oil prices already pressured by rising U.S. inventories and increased production from OPEC.
read more... 07/05/2012