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Egypt inks natural gas cooperation contract with Cyprus

Energy Minister George Lakkotrypis and the Egyptian Minister of Petroleum and Mineral Resources, Tarek el Mola, signed today a deal regarding the transfer of natural gas via pipeline from Cyprus Exclusive Economic Zone to Egypt through a direct undersea pipeline. This agreement is described as an essential as it is expected to place Cyprus in a competitive regional gas export infrastructure and help the island to cooperate with key players in the region such as Egypt.

read more... 31/08/2016

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Iran and Germany ink first petrochemical agreement after sanctions

A first petrochemical cooperation agreement in the post sanctions era between Iran and Germany was inked by Iranian Kian Petrochemical and German Linde Group on Tuesday, as stated by the Islamic Republic News Agency (IRNA).

read more... 04/08/2016

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Daily: Crude oil rallies on hopes of Russia, OPEC cooperation

Crude oil futures rallied on Wednesday after a declaration from Russia’s energy ministry that there is a possibility of cooperation with OPEC, raising hopes for a deal to slash a global oversupply. Brent crude increased $1.30, or 4.1 percent, to close at $33.10 a barrel, after hitting a session high of $33.49. WTI crude climbed 85 cents to settle at $32.30 per barrel, up 2.7 percent, having peaked at $32.84.

read more... 28/01/2016

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Russia will construct more nuclear units in India

India has inked cooperation agreements with Russia in different fields comprising nuclear energy and solar power.

read more... 29/12/2015

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France and China ink $22 billion nuclear agreement on Hollande visit

France and China inked an industrial cooperation accord on nuclear waste recycling that could be estimated at 20 billion euros ($22 billion), with approximately half of the market for Areva SA, as stated by to the French government. Areva shares increased.

read more... 03/11/2015

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