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Gazprom and EDF will sign South Stream deal next week

Gazprom, the Russian gas firm, will sign next week an agreement with EDF, the main purpose being the French utility taking a 10% stake in the multi-billion South Stream gas pipeline project, according to the CEO of Gazprom on Thursday.

read more... 14/06/2010

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Oil and gas production in Italy estimated to increase in 2010

Italy, the country depending very much on oil and gas imports due to insufficient natural resources, expects its domestic hydrocarbons production to increase this year, according to Industry Ministry Undersecretary Stefano Saglia on Thursday.

read more... 14/06/2010

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Photon Energy focus on new solar projects in Czech Republic and Slovakia

Photon Energy comes with new solar projects for Czech Republic and Slovakia, expanding its portfolio and engineering team in order to achieve the plans considered.

read more... 14/06/2010

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New EU package adopted on the sustainability criteria of biofuels

The European Commission adopted two Communications and a Decision June 10, encouraging industries, governments and NGOs to set up certification schemes on the sustainability criteria of biofuels, including the imported ones in the EU, as to aid reach the EU target in a sustainable way, the one of getting 20% of renewable energy from total energy consumption.

read more... 11/06/2010

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Mild weather reducing US Henry Hub spot prices

Gas prices are falling down on U.S. gas market, after having registered gains in 5 consecutive sessions. The drop of the spot prices is influenced by gas futures, after expectations of warm weather in US gas consuming regions.

read more... 11/06/2010

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