Latest news
North Stream pipeline to be completed in November
Gazprom CEO, Alexei Miller, stated that the Nord Stream gas pipeline along the floor of the Baltic Sea will commence to supply its first technical gas on November 8.
read more... 04/10/2011
UK renewable power reaches “historic high” of nearly 10%
According to the figures released by the UK Department of Energy and Climate Change, the renewable electricity sources including wind, supplied 9.6% of the UK's electricity in the second quarter of 2011, up from 6.3% in the same quarter in 2010, becoming definitely a vital part of Britain's energy mix.
read more... 03/10/2011
Turkey breaks gas deal with Russia
Turkey will end the 25-year old gas deal with Gazprom, according to the declarations of Turkish Minister Taner Yildiz.
read more... 03/10/2011
Poland might veto EU law on shale gas
During a conference on shale gas which took place on Wednesday, at Krakow, Maciej Olex-Szczytowski, an adviser to the Polish foreign minister on economics and business sustained that Poland would veto any European legislation which will threaten its energy policy.
read more... 03/10/2011
Daily – oil down on worries for global economy
Oil prices deepened on Friday on fresh worries for global economy, driving down Brent crude by more than 10 percent this month. NYMEX crude oil futures for November delivery traded at 79.20 dollars a barrel, losing 2.94 dollars, after a trading range from 78.77 to 83.23 dollars, while ICE Brent crude for November delivery traded at 102.76 dollars a barrel, losing 1.19 dollars after settling a session low level of 101.78 dollars.
read more... 03/10/2011