Latest news
New name for the French gas giant GDF Suez
French gas utility GDF Suez declared on Friday it was modifying its name to "Engie" to reflect a progressing energy sector and the group's increasing contribution to renewable power, marking a break from its previous state monopoly past.
read more... 27/04/2015
Ithaca decided to vend Norwegian operations to Hungary’s MOL
North Sea oil and gas firm Ithaca Energy has decided to vend its Norwegian business to Hungary's MOL for $60 million, as stated by the companies on Friday, marking the Hungarian firm's entrance into Norway's oil market.
read more... 24/04/2015
Romanian household gas prices will increase by 5-8% from July
Romanian gas prices will increase by 5-8 percent on average starting from July, as a result of the continuing market deregulation agreed under an IMF-led aid agreement, as declared by the head of the country's energy regulator ANRE.
read more... 24/04/2015
Bulgaria inks deal with Nord Pool Spot for power exchange
Bulgaria's state-owned Independent Bulgarian Energy Exchange (IBEX) has inked a cooperation deal with Europe's main power market Nord Pool Spot intended at establishing the Balkan country's first day-ahead power exchange, as it declared on Wednesday.
read more... 23/04/2015
Argentina will ink energy agreement memorandum with Gazprom
Argentine state oil firm YPF is on the point of signing a memorandum of understanding this week in Moscow for Russia's Gazprom to make energy investments in the South American country, as stated by sources familiar with the situation on Tuesday.
read more... 22/04/2015