Latest news
Gazprom launches Russia’s most powerful combined cycle gas turbine unit
Gazprom announced the inauguration of a new combined cycle gas turbine (CCGT) unit at the Kirishkaya power plant in northern Russia with the nominal capacity of 800 MW on Friday.
read more... 27/03/2012
Will high oil hinder growth in Europe?
Brent oil has gained about 20% since mid-December on concern over cuts in Iranian supply, and set an all-time high in euros. In dollars, today's price around 125 USD is still below last April's 127 USD high, let alone the record peak of $147 scaled in 2008.
read more... 27/03/2012
Daily- Oil prices under $125 a barrel on fresh euro zone tensions
Crude oil futures traded under $125 a barrel on Monday, declining after a hike of around 1.5% in the previous session due to fresh tensions about eurozone financial stability which returned at the forefront. Brent crude oil futures were traded down 23 cents to $124.90 a barrel by 09:07 GMT, while U.S. crude futures declined 57 cents at $106.30.
read more... 26/03/2012
Denmark to increase the share of offshore wind energy by 2020
Denmark, already known as the world wind energy leader, announced its plans to boost offshore wind energy in the country, according to the Danish government.
read more... 26/03/2012
Italy: Eni allowed to import Iranian oil despite EU oil embargo
Eni, Italy’s oil and gas giant, has received a special exemption from the sanctions which would allow the company receiving Iran’s crude despite EU embargo on Iranian oil, the company’s CEO Paolo Scaroni told the reporters on Friday.
read more... 26/03/2012