Latest news
BP to axe 4,000 jobs in exploration and drilling business amid dramatic slump in oil prices
UK oil giant BP is planning to slash 4,000 jobs internationally due to declining profits as a result of oil price collapse.
read more... 14/01/2016
Lithuania: plans to import LNG from the United States put on hold for the moment
Lithuania has put plans to acquire liquefied natural gas from the United States on hold since the LNG is not yet appropriate for the Baltic state's gas system, as declared by its state energy firm on Wednesday.
read more... 14/01/2016
Germany: RWE vends Lynemouth electricity plant to EPH
RWE, Germany's second-largest utility, has decided to vend its Lynemouth coal-fired power plant in Britain to Czech-Slovak energy investment group EPH, it declared on Thursday.
read more... 08/01/2016
EFT begins testing first 300 MW power plant in Bosnia
UK-based trading and investment conglomerate Energy Financing Team (EFT) declared on Tuesday it had begun testing its first electricity generation facility, the 300-megawatt (MW) Stanari coal-fired power plant in northern Bosnia.
read more... 06/01/2016
Gazprom put into operation two combined cycle gas turbine units at home
Gazprom has put into operation two combined cycle gas turbine units (CCGT-420) in Russia, one at CHPP-20 power plant in Moscow and another at Serov SDPP power plant in Sverdlovsk region.
read more... 28/12/2015