Latest news
Solar electricity could reach 22 percent of global power supply by 2050
According to the International Energy Agency(IEA), solar electricity could provide up to a quarter of the world's power by 2050, thus cutting greenhouse gas emissions by almost 6 billion tonnes and reducing the dependence on fossil fuels, though government support is imperative in the next decade.
read more... 12/05/2010
A possible merger between Gazprom and Naftogaz
Russian Prime Minister Vladimir Putin proposed at a meeting of the intergovernmental committee, a merger between Russian giant gas company Gazprom and Ukrainian energy company NAK Naftogaz.
read more... 04/05/2010
Romania wants to reduce its participation in Petrom
OMV, Austrian major oil and gas group, does not intend to increase its share in its Petrom division, even though the Romanian government would like to vend a part of its 21% stake in order to reduce its participation to 8%, according to OMV’s representative on Tuesday.
read more... 27/04/2010
Enel in negociations with Bulgarian minister – power plant sale
The largest plant in Italy, Enel, is in negotiations with a European investor, on the sale of its stake held in a thermal power plant in Bulgaria, a share that reaches 73% in plant based on coal processing, with a capacity of 908 MW. Remaining shares are owned by the Bulgarian government.
read more... 21/04/2010
South Stream deal between Russia and Austria
Vladimir Putin, the Russian Prime Minister, will sign a pipeline transaction with the Austrian Chancellor Werner Faymann, after a bilateral dialogue about the construction of South Stream gas pipeline, according to Austrian government.
read more... 21/04/2010