Latest news
BP inks $12 billion energy agreement in Egypt
Oil firm BP has inked a deal to make an investment $12 billion in Egypt that will produce 3 billion barrels of oil equivalent, as stated jointly by the company and the government on Saturday.
read more... 16/03/2015
Hungary-Russia nuclear agreement hits EU objection
Hungary's plan of 10 billion euro ($10.6 billion) to develop its Soviet-era Paks nuclear power plant in a transaction with Russia has encountered a hurdle in the European Commission that might force Budapest to review the terms, as stated by EU sources on Thursday.
read more... 13/03/2015
Ineos and IGas settle UK shale gas agreement of £138 million
Swiss petrochemicals giant INEOS has made known a deal to purchase stakes in a number of shale gas licenses across the UK.
read more... 12/03/2015
Gamesa grasps 12MW in Germany
Spanish wind turbine maker Gamesa has obtained an agreement with German energy supplier DEW 21 to construct the 12MW Horst wind farm in Schneverdingen in Lower Saxony.
read more... 10/03/2015
BP and associates will invest $12 billion in Egypt gas transaction
British oil firm BP hopes to invest approximately $12 billion with its associates as part of a concluded West Nile Delta concession agreement to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates.
read more... 09/03/2015