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Russia intensifies pressure on Ukraine with gas price increase

A raise of about 40% in the gas price for Ukraine has been announced on Tuesday by Russian natural gas producer Gazprom, escalating financial pressure on Kiev in its confrontations with Moscow.

read more... 02/04/2014

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Siemens to invest £160 million in UK wind turbine production and installation facilities

Global engineering giant Siemens has confirmed its plans to invest £160 million in wind turbine production and installation facilities in Yorkshire, England.

read more... 01/04/2014

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Daily: Crude oil futures tumble in a choppy end-quarter trading

Crude oil futures declined in a choppy trading at the end-of-quarter trading on Monday, dragged down by news that Russia withdrew some infantry battalion on the Ukrainian border and worries about the struggling U.S. labor market expressed by Federal Reserve Chair Janet Yellen.

read more... 01/04/2014

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GDF Suez to expand its wind portfolio in the UK

French power group GDF Suez has acquired the UK-based wind energy developer West Coast Energy (WCE), strengthening its commitment to expand its wind portfolio in the UK, as well as in Europe.

read more... 31/03/2014

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Total and Russia’s Lukoil are discussing a collaboration in shale projects

French oil major company Total and Lukoil have the intention to cooperate in shale gas projects since Russia employs unconventional resources to substitute decreasing output at mature fields in Siberia, as published in the Financial Times on Thursday.

read more... 28/03/2014

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