Latest news
Italy’s solar PV sector an example for the rest of the world
Italy is currently one of the major producers of electricity from renewable energy sources in Europe. The country’s PV sector has historically been the leading renewable energy technology due to its incentives offered for solar PV projects and also to its advantageous geographic position.
read more... 22/05/2014
China and Russia inked a $400 billion gas agreement
China and Russia signed a gas supply agreement of about $400 billion on Wednesday, securing the world's top energy consumer an important source of cleaner fuel and impelling a new market for Moscow since it risks losing European clients over the Ukraine crisis.
read more... 22/05/2014
Czechs opposes unique EU entity for gas, oil acquisitions
Polish suggestion to form a unique entity to purchase gas for the European Union has been rejected by the Czech Republic, but it might nevertheless sustain private groups willingly joining up for acquirements, as mentioned in a paper approved by the government on Wednesday.
read more... 22/05/2014
Daily: U.S. crude oil touches one-month high on stockpiles decline
U.S. crude oil hit a one-month high on Wednesday, posting a gain of about $2 a barrel due to a significant draw in commercial crude stockpiles, while the prolonged unrest in Libya reduced the oil supply, increasing Brent prices.
read more... 22/05/2014
Hungary’s MOL monitors more retail purchases after Eni transaction
Hungarian oil and gas conglomerate MOL intends to make more acquisitions in order to increase its retail market share in central Europe, where an economic recovery is ongoing and motor fuel sales are expanding, as stated by MOL's downstream manager.
read more... 21/05/2014