Bulgaria has chosen Royal Dutch Shell to perform deepwater oil and gas exploration off its Black Sea coast and intends to ink an agreement by the end of October, expecting that the project will aid reduce its dependence on imports from Russia.
read more... 30/09/2015
Energy-rich Azerbaijan extracted from its Shah Deniz field 64 billion cubic meters of gas from the commencing date of this project to September 1, 2015, according to the First Vice President of State Oil Company of Azerbaijan Republic (SOCAR) in Geology Geophysics & Field Development Issues, Khoshbakht Yusifzade.
read more... 29/09/2015
The European Investment Bank has authorized approximately €7billion of new loans for investment in green energy, water infrastructure and other strategic infrastructure projects at a meeting in The Hague.
read more... 24/09/2015
British government will provide 2 billion pounds ($3.1 billion) of initial support for a new nuclear power plant at Hinkley Point in southwest England, said UK Finance Minister George Osborne during a five day tour of China.
read more... 21/09/2015
Chinese banks are likely to give a loan of $12 billion to the Yamal LNG project run by Novatek, as stated by Interfax news agency on Friday quoting Leonid Mikhelson, chief executive of Novatek, Russia's major non-state gas producer.
read more... 14/09/2015