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Bulgaria gives green light to South Stream project

Following a meeting on 30 March between the head of the Russian energy giant Gazprom, Alexey Miller and Bulgaria’s newly appointed Minister of Energy and Economy Delian Dobrev, it was announced that the final investment decision on the construction of the South Stream pipeline, aimed at ensuring direct supplies of natural gas from the producer to the consumer, will be taken by 15 November.

read more... 04/04/2012

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EU supports a single energy market by 2014

The leaders from EU 27 countries are planning to complete a single electricity and natural gas market by 2014, a measure funded by Poland, the conclusions from the European Council meeting in Brussels showed.

read more... 14/12/2011

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Saudi Arabia: oil output at 30-year high

Top oil exporter Saudi Arabia pumped oil at the highest level for three decades in November, just a week before a key OPEC meeting, aimed to meet customer demand with increased production if necessary.

read more... 08/12/2011

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Daily - European power retreats on mild weather expectations

ICE Brent crude oil futures eased 31 cents to $108.69 by 08:04 GMT on Tuesday as investors withdraw their profit watching carefully the way Europe would solve the debt crisis at a meeting later in the day.

read more... 29/11/2011

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France and Russia to strengthen nuclear cooperation

On 18 November, Russian and French leaders have inked a declaration on nuclear energy cooperation at a meeting of the Russian-French cooperation commission.

read more... 24/11/2011

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