The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic metres (bcm) after a new field was located and a previous find was revised higher, President Tayyip Erdogan said on Monday.
read more... 27/12/2022
A consortium of Italy’s Eni and France’s TotalEnergies has found more natural gas off Cyprus, boosting Europe’s hopes for a clean break from Russian gas.
read more... 22/12/2022
A French scheme, with a total estimated budget of €13.5 billion (£11.6bn), to partially compensate energy-intensive companies has approved by the European Commission.
read more... 05/12/2022
Russian state energy company Rosneft said on Monday it plans to pay a dividend on its nine-month results, the first such payment in its history, which is expected to total 216 billion roubles ($3.6 billion) and to boost the nation's budget.
read more... 14/11/2022
France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this year's revenue windfalls prompted by tensions on the electricity market.
read more... 29/09/2022