French oil giant Total is launching its biggest exploration campaign for years as the company sets its sights areas known to contain commercial levels of oil or gas.
read more... 30/01/2019
The Nord Stream 2 natural gas pipeline, which will carry 55 billion cubic meters of Russian gas to Germany through the Baltic Sea, is around 30 percent completed, according to Nord Stream 2 AG's Financial Director Paul Corcoran on Tuesday.
read more... 30/01/2019
That’s the prediction made in a new report published by EY, which says this would require substantial investment, smart grid innovation and the improvement of electricity distribution networks.
read more... 30/01/2019
Oil prices plunged on Monday, reaching its lowest level in the last 10 days after an increase in U.S. crude drilling production, and persisting concerns over a global economic decline. According to Reuters, U.S. drillers added 10 oil rigs last week expanding the market tendency towards oversupply. Brent crude dropped by 2.8% closing at 59.93 USD/bbl, while WTI crude was down by 3.2% settling at 51.99 USD/bbl.
read more... 29/01/2019
German-Kosovo joint venture SOWI Kosovo plans to invest some 169 million euro ($193 million) to install 30 wind turbines with a total capacity of 105 megawatts in the northern municipality of Mitrovica, Kosovo's government said on Monday.
read more... 29/01/2019