Ukraine started the construction of its first LNG terminal near the Black Sea port, in Odessa region. According to the Ukrainian government officials, the LNG terminal may then cover from 30 to 50 % of Ukraine's domestic demand for gas.
read more... 28/11/2012
UK-based RWE Innogy and its Portuguese partners have officially commissioned the Agilde hydroelectric power plant in Portugal after an 18-month construction period.
read more... 28/11/2012
Brent and U.S. crude futures dropped for a second consecutive day on Tuesday on worries about weak demand for petroleum which were intensified by concerns about the euro zone economy and U.S. budget talks aimed to avert mandated tax increases and spending cuts.
read more... 28/11/2012
According to an English newspaper BP was in "secret talks" with Gazprom to develop the twin Nord Stream pipeline to Britain. The BP director for Russia David Peattie has announced that talks were in the initial phase, while the British Prime Minister David Cameron stated that it will support the project.
read more... 27/11/2012
Brent and U.S. crude futures increased on Monday, backed by supply concerns amid escalating violence in the Middle East and optimism that U.S. officials will reach a deal to avoid the budget crisis.
read more... 20/11/2012