Latest news
OPEC should not convene an emergency meeting.
OPEC, the producer of 40 percent of the world's oil, doesn't need to gather for an emergency meeting to discuss any further reduction in oil production even if the price of crude oil hits $90 a barrel, Iran’s OPEC governor said.
read more... 13/01/2011
Visit to Britain of the Chinese Vice-Premier starts with energy proposals.
The Vice Premier of China, Li Keqianq, will have a four-day visit to Britain dealing with renewable energy that will include meetings with the Prime Minister of Britain, David Cameron, and also with The Deputy Prime Minister, Nick Clegg, The Minister of Finance, George Osborne and the Foreign Minister, William Hague.
read more... 06/01/2011
OPEC maintains output quotas
The Organization of Petroleum Exporting Countries (OPEC) decided on Saturday at an extraordinary meeting in Quito to maintain current quotas for its production.
read more... 13/12/2010
New Joint Venture in Russian energy sector between GE and Inter RAO
The meeting of Russian prime-minister Vladimir Putin with GE officials concluded with the creation of a new joint venture in the energy sector of the country. The joint venture between the Russian state power trader, Inter RAO, and the US industrial conglomerate, General Electric, will build gas turbines for power plants in Russia.
read more... 26/07/2010
A possible merger between Gazprom and Naftogaz
Russian Prime Minister Vladimir Putin proposed at a meeting of the intergovernmental committee, a merger between Russian giant gas company Gazprom and Ukrainian energy company NAK Naftogaz.
read more... 04/05/2010