Dutch power grid operator TenneT is likely to sign an agreement on March 23 with Danish power transmission company Energinet.dk to develop an offshore energy hub in the North Sea.
read more... 10/03/2017
Italian oil and gas company Eni and its partners commenced production five months ahead of schedule at its East Hub Development Project, offshore Angola.
read more... 09/02/2017
Egypt is on the path to liberalize and deregulate its gas market, envisaging a gradual liberalization, transforming the country into a regional energy hub.
read more... 26/12/2016
Crude oil prices fell more than 3 percent on Wednesday as the dollar strengthened after the U.S. Federal Reserve’s decision to hike interest rates and after an increase in crude stockpiles at the largest U.S. storage hub renewed worries about a supply glut. Brent crude futures ended at $53.90 per barrel, down $1.82, or 3.27 percent after slipping as low as $53.80. U.S. crude closed the session down $1.94, or 3.66 percent at $51.04 per barrel after hitting a low of $50.92.
read more... 15/12/2016
The gas pipeline operators of Bulgaria and Slovakia have inked a memorandum of understanding to cooperate in connecting the proposed Eastring pipeline and Balkan gas hub project, as stated by Bulgaria's energy ministry on Friday.
read more... 08/11/2016