Latest news
China wants to become co-owner of Russia's largest oil firm
Chinese state-controlled Huarong Asset Management purchased 36.2 percent stake in the unit of CEFC China Energy through which CEFC is obtaining a $9.1 billion stake in Russian oil giant Rosneft.
read more... 13/03/2018
General Electric inks an accord for up to 410 MW of wind projects in Turkey
General Electric signed a deal with Turkey's Fina Enerji on Monday to co-operate on eight potential wind projects in Turkey that will provide up to 410 MW of capacity by the end of 2020.
read more... 13/03/2018
Daily (12.03.2018): WTI crude surged by 3.2% on Friday due to strong US jobs data
Oil prices increased on Friday recovering from two days of declines due to strong US jobs data and investors’ hopes that the scheduled meeting between U.S. President Trump and North Korea’s Kim Jong Un would reduce geopolitical tensions.
read more... 12/03/2018
Record number of UK energy clients changed supplier in February
A record number of British energy clients changed supplier in February, as indicated by data from industry group Energy UK on Monday.
read more... 12/03/2018
Areva-controlled conglomerate will pay $554 million to settle Finnish reactor row
France’s Areva and Germany’s Siemens will make a payment of 450 million euros (£400 million) for cost overruns and postponements at a nuclear reactor which they are constructing for Teollisuuden Voima (TVO) in Finland, settling a long-running dispute.
read more... 12/03/2018