Latest news
SSE acquires gas assets from Hess
Scottish and Southern Energy (SSE) agreed to perform an acquisition of natural gas production assets in the North Sea from Hess Corporation’s European unit. The cost of the transaction is £278 million and will include 18% stakes hold by Hess Corporation in a gas pipeline operated by BP.
read more... 03/02/2011
EU prime ministers to discuss the creation of the North-South energy corridor
The president of the European Commission, José Manuel Barroso announced that some of the prime ministers from European countries will meet a day before the 4 February EU energy summit to discuss the creation of the North-South gas corridor.
read more... 03/02/2011
The modernization of the largest Thermal Power Plant in Europe
The Emerson Company announced, on February 3rd, the award of 95 million dollars contract to modernize the automation system of six units at the largest European thermal power plant in Poland, Belchatow Power Station.
read more... 03/02/2011
Daily Energy Overview, Wednesday, February 02, 2011
Oil prices increased on Wednesday, with ICE Brent crude futures hitting almost the highest level since September 2008 on persisting concerns over unrest in Egypt, source of over a third of the world's oil.
read more... 02/02/2011
PetroChina to acquire 50% stake in Ineos’ Lavera and Grangemouth
PetroChina will buy a 50% stake in two projects of the European oil-refining company, Ineos worth $1.02bn.
read more... 02/02/2011