Latest news
Russian gas supplies returning to normal levels in the most European states
Russian gas flows to Bulgaria, Slovakia, Austria, Hungary, Poland and Greece have been reinstated to normal volumes over the weekend, while the gas deliveries to Romania, Germany, and Italy are increasing, European Commission press secretary Marlene Holzner said on Monday.
read more... 07/02/2012
FERC gives license for New York’s first tidal energy project
The first pilot license, for a 1 MW tidal energy project to be developed in the East Channel of New York’s East River, was issued by Federal Energy Regulatory Commission. The project was drafted by New York-based Verdant Power Inc. and will be built in three phases by installing up to 30 commercial class turbines with five fixed generator units to capture energy from tidal flow.
read more... 26/01/2012
Slovakia officially completed a gas reverse flow project
Slovakia’s gas transmission system operator Eustream announced on Wednesday that it had successfully completed a project worth more than €1 million aimed to reverse natural gas flow from the Czech Republic and Austria to Slovakia, thereby diversifying gas supply transmission routes.
read more... 01/12/2011
Daily – spot power prices strongly up
U.S. and Brent crude oil futures were mixed on Wednesday as a plan to reverse the line’s flow and reduce a glut at the Cushing, Oklahoma oil hub in 2012 has driven oil prices up, but pressured Brent ones.
read more... 17/11/2011
BP to change its strategy on lower production
The British oil giant, BP announced its decision to sell off some $15bn (£9bn) of its assets following the Gulf of Mexico spill which took place last year, as BP engaged to pay increased returns to shareholders and to boost cash flow by 50% by 2014.
read more... 26/10/2011