Latest news
Ukraine: Shale gas potential to bewitch Western companies
Ukraine has inked a $10 billion shale gas production-sharing agreement with U.S. Chevron, driving the country a step closer towards an energy independence from Russia.
read more... 18/11/2013
French Total eyes to develop a LNG facility in Cyprus
The Cyprus government and the French energy giant Total signed an agreement envisaging the development of a liquefied natural gas (LNG) plant at Vasilikos, Limassol, in Cyprus, with the deal certainly boosting morale in Cyprus and optimism about the potential of natural gas to save the national economy.
read more... 14/11/2013
Croatia inks a deal to establish power exchange
Croatia's energy market operator, HROTE, and the country's transmission system operator, HOPS, signed on 7 November 2013 an agreement on cooperation in establishing Croatia's power exchange.
read more... 12/11/2013
Daily: European power prices trade up at three-week high on EU carbon talks
Brent boosted by nearly $2 per barrel on Friday as traders covered short positions and expectations over the conclusion of an agreement in Geneva which could lessen sanctions against Iran. In early trade, Brent reached a four-month low, surging nearly by $2 per barrel to a high of $105.38. The contract settled $1.66 per barrel higher at $105.12 after trading as low as $102.98, the weakest level since early July.
read more... 11/11/2013
Centrica strikes a £4.4bn LNG deal with Qatar
Centrica, the company parent of British Gas, has inked a four-and-a- half agreement with Qatargas, implying the purchase of liquefied natural gas (LNG) from Qatar to supply three million British households(13% of the UK’s gas needs).
read more... 07/11/2013