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Total’s CEO expected finances for Yamal LNG to be freed by end-2015

The chief executive of Total declared on Friday he hoped funds for the $27 billion Yamal LNG project it is expanding in Russia with Novatek to be made accessible by creditors before the end of the year.

read more... 01/06/2015

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Poland: Tauron could bid to acquire PKP Energetyka with insurer PZU

Tauron, Poland's second-biggest energy conglomerate, is thinking about presenting a final offer to purchase smaller competitor PKP Energetyka with Polish insurer PZU as an associate, as mentioned on Thursday in Rzeczpospolita daily quoting Tauron's CEO.

read more... 28/05/2015

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Canada imposes fresh sanctions on oil giant Rosneft, Rostec CEO

Canada has imposed new sanctions against Russian oil conglomerate Rosneft and Rostec CEO, Sergei Chemezov, blaming Russia for military backing of the separatists in eastern Ukraine.

read more... 18/02/2015

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Gazprom will make an investment of around $500 million in Kyrgyzstan in 2015-2017

Russian state gas producer Gazprom will spend approximately 34 billion roubles ($495 million) in 2015-17 to improve and develop gas infrastructure it purchased in Kyrgyzstan and guarantee stable gas supply, as stated by Gazprom CEO Alexei Miller on Friday.

read more... 30/01/2015

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CEZ: earnings in decline due to sector modifications

Czech power producer CEZ will make lesser profits in the future since it gets used to changes in the industry, as stated by its CEO in an interview published on Saturday in a newspaper.

read more... 08/12/2014

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