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Russian gas supplies returning to normal levels in the most European states

Russian gas flows to Bulgaria, Slovakia, Austria, Hungary, Poland and Greece have been reinstated to normal volumes over the weekend, while the gas deliveries to Romania, Germany, and Italy are increasing, European Commission press secretary Marlene Holzner said on Monday.

read more... 07/02/2012

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BP four-quarter profit increased in 2011

The British super major BP recorded an improved quarterly profit this week, being the first time in a year when he has beaten the profits of its rival, Royal Dutch Shell.

read more... 07/02/2012

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EWEA: Wind power in Europe increased by 11% in 2011

During 2011, EU added 9,616 MW of wind energy capacity, according to the industry figures recently revealed.

read more... 07/02/2012

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GDF SUEZ to develop 100 MW in Romania and Poland

GDF SUEZ continues to expand wind energy in Europe planning to develop 100 MW of projects in Romania and Poland. This movement underlines company’s intention to consolidate the proportion of renewable energy sources in its energy mix in Europe and achieve its target of 50% increase in its capacity by 2015.

read more... 06/02/2012

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Gazprom: Montenegro to join South Stream gas pipeline project

The Russian energy giant Gazprom announced that Montenegro is joining the south Stream project, which is designed to transport Russian natural gas under the Black Sea to Europe.

read more... 06/02/2012

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