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Eni obtained approval from Ghana for $6 billion offshore gas project

Ghana's government has given Italian energy company Eni the final approval to expand gas resources in the Offshore Cape Three Points (OCTP) block, likely to start production in 2017, it said on Monday.

read more... 25/11/2014

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Turkey to scrap "take or pay" principle for Azeri gas in 2015

Turkey decided to give up the “take or pay” clause for Azerbaijani gas delivery in the next 14 months, declared the Turkish Minister of Energy and Natural Resources Taner Yildiz.

read more... 22/10/2014

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Romania to become gas self-sufficient by 2020

Romania will have by 2020 a gas production to cover its consumption and its smaller eastern neighbor Moldova, and the nation's gas grid operator will have to invest in its infrastructure to deal with additional resources, as stated by the energy minister on Wednesday.

read more... 02/10/2014

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Asian companies to substitute Western energy majors if they quit

Asian firms will substitute Western majors if they leave energy projects in Russia because of sanctions over Moscow's role in Ukraine, as stated by Natural Resources Minister Sergei Donskoi.

read more... 23/09/2014

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Ireland: Wind farms could help slash energy bills

Ireland is an excellent location for developing both onshore and offshore wind farms, due to its favorable climate, and the wind speed means that there are many wind farm sites which offer a high capacity factor for generation. The country has one of the greatest wind energy resources in Europe and it is important to exploit them efficiently, so as to create jobs and bring benefits to communities.

read more... 14/08/2014

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