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EVN interested in Bulgarian hydro project

Austrian utility EVN is going to buy 30.1% of Turkish CCG share in a Bulgarian hydropower project for an unknown sum.

read more... 17/05/2010

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Gas demand in Spain drops after 4-months recovery

On Thursday, Spain’s gas grid operator Enagas registered a 3.4% drop in April gas demand, compared to the same period in 2009, after four months recovery.

read more... 14/05/2010

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U.S. Renewables Group targets a fund for renewable energy projects in China

U.S. Renewables Group, which has various investments in renewable energies across North America, plans to raise a fund of up to 2 billion Yuan (293 million USD) for renewable energy projects in China.

read more... 13/05/2010

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Increase in crude oil inventories

On Wednesday, U.S. crude stocks increased more than forecasted, while gasoline stocks registered a drop, according to Energy Information Administration.

read more... 13/05/2010

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Russia and Turkey agreed on nuclear power plant deal

On Wednesday, Russia has signed a nuclear power plant project with Turkey amounting $20 billion, in order to establish a strong partnership after two Cold War-era rivals. Russia will be responsible for this project by owning a controlling stake.

read more... 13/05/2010

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