Latest news
Australian gas pipeline of the BG Group to be sold to APA Group for $5 billion
British gas giant BG Group Plc declared on Tuesday it decided to vend its totally owned QCLNG Pipeline Pty Ltd division in Australia to APA Group for US$5 billion.
read more... 10/12/2014
BP: investment of $12 billion in Egypt over 5 years, expand gas supplies
British oil giant BP intends to make an investment over $12 billion in Egypt over the next five years, and to double its gas supplies to the domestic market in the next decade, as stated by the country director of BP Egypt on Tuesday.
read more... 10/12/2014
Daily: European prompt power prices fall on strong wind supply, lower consumption
Brent crude recovered on Tuesday after a 5-year low and U.S. crude also rebounded as players were looking for a viable price for oil in a market chased by supply glut worries. Brent increased 65 cents, or 1 percent, to settle at $66.84 a barrel. U.S. crude rose 77 cents to close at $63.82 a barrel, after having fluctuated between a high of $64.20 and low of $62.25.
read more... 10/12/2014
Russia’s Gazprom to institute new firm for gas pipeline to Turkey
Russian state gas group Gazprom declared on Monday it would establish a company to construct a gas pipeline to Turkey, days after President Vladimir Putin made known the new project.
read more... 09/12/2014
Britain: the bill for decommissioning nuclear will be higher next year
Britain's Nuclear Decommissioning Authority (NDA) anticipates spending 3.3 billion pounds on closing and cleaning up nuclear plants in 2015/16, a little bit more than in 2014/15, it mentioned on Monday in a draft business plan to 2018.
read more... 09/12/2014