Russian President Vladimir Putin has ordered energy gain Gazprom to return working on a plan to build a second branch for natural gas pipeline from the Yamal region to Europe.
read more... 05/04/2013
China is on the track to overtake the U.S. as the world’s top crude importer by 2014, with China's oil needs continuing to rise, according to a report released by OPEC.
read more... 05/04/2013
Brent crude shed toward $110 a barrel on Wednesday, declining for a second straight day as increasing oil inventories in the United States and recent pessimistic data fuelled worries about demand from the world's top consumer. U.S. crude oil prices were under pressure on worries about a prolonged pipeline outage in the Midwest.
read more... 04/04/2013
The Britain’s offshore Rhyl gas field, owned by Centrica, delivered its first gas, being the first new field to be brought on stream in the region for ten years and represents an important milestone in extending the life of Centrica’s Morecambe Bay operations.
read more... 04/04/2013
Vestas Wind Systems A/S, the Danish manufacturer of wind turbines, has inked a contract to supply wind turbines to the Botievo II project in Ukraine from energy firm DTEK.
read more... 04/04/2013