Latest news
Shell will search for oil and gas in block offshore Bulgaria
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
Shah Deniz field produced 64 billion cubic meters of gas during first phase of development
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
EIB agrees to invest about €7bn in renewables
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
UK government offers $3bn guarantee to Hinkley Point C nuclear project
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
China will give a loan of $12 billion to Yamal LNG run by Novatek
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