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ENGIE to purchase LNG “made in the USA”

France will soon use liquefied natural gas from the United States to cover its energy needs, as French gas companies are not allowed anymore to exploit unconventional resources following the adoption of anti-fracking law in 2011.

read more... 11/11/2015

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Daily: Crude oil prices recover after a four-day losing streak

Crude oil prices rebounded on Tuesday, breaking a four-day losing streak in a market struggling to draw conclusions from contrasting monthly reports by the International Energy Agency (IEA) and the US Department of Energy (DoE). WTI crude prices for December delivery gained 34 cents to settle at 44.21 dollars a barrel on the New York Mercantile Exchange, while Brent crude rose 25 cents to end at 47.44 dollars on the London ICE Futures Exchange.

read more... 11/11/2015

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Italy's Snam interested in acquiring 17 pct stake in Greek gas network from SOCAR

Italian gas grid operator Snam would like to purchase a 17 percent stake in Greek gas grid operator DESFA from SOCAR, as stated by the Azeri state energy company's president on Tuesday, in an agreement that may calm European Commission worries.

read more... 11/11/2015

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Siemens and Bolivia ink billion-euro energy memorandum of understanding

German industrial conglomerate Siemens has inked with Bolivia a long-term energy collaboration accord estimated at more than a billion euros ($1.1 billion), as it stated on Friday.

read more... 09/11/2015

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DONG Energy to build the biggest offshore wind farm in the world

DONG Energy has announced it intends to develop the Walney Extension Offshore Wind Farm which will be located in the Irish Sea, off the west coast of Cumbria, Britain, close to the 367.2 MW Walney Offshore Wind Farm. After having obtained all permits from relevant authorities the Danish society has announced its final investment decision last month.

read more... 06/11/2015

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