Latest news
Polish PGNiG to launch oil and gas exploration in Germany
Polish state-controlled oil and natural gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) is expected to commence oil and gas explorations in eastern Germany, as part of a bigger plan to boost production assets outside Poland.
read more... 07/08/2015
German E.ON to sell Italian hydroelectric plants to ERG
German utility giant E.ON on Thursday decided to divest its hydroelectric plants in Italy to ERG Group for around 1 billion euros ($ 1.09 billion).
read more... 07/08/2015
Siemens to invest in construction of its first offshore wind production facility in Germany
German engineering giant Siemens unveiled its plans to invest about €200m in the construction of its first production facility for offshore wind turbine components in Germany.
read more... 06/08/2015
Egypt expected to purchase 7.79m tonnes of LNG this fiscal year
Egypt’s planning ministry unveiled it envisages importing 28.6 million tonnes of crude oil, liquefied natural gas (LNG) and other oil products worth a total of almost $16 billion in 2015-16.
read more... 04/08/2015
UK: Lancashire County Council rejects Cuadrilla fracking plans at two sites
Application to frack in Lancashire was rejected by the council in a setback for the shale gas industry.
read more... 03/08/2015