Latest news
BP inks $12 billion energy agreement in Egypt
Oil firm BP has inked a deal to make an investment $12 billion in Egypt that will produce 3 billion barrels of oil equivalent, as stated jointly by the company and the government on Saturday.
read more... 16/03/2015
Gamesa grasps 12MW in Germany
Spanish wind turbine maker Gamesa has obtained an agreement with German energy supplier DEW 21 to construct the 12MW Horst wind farm in Schneverdingen in Lower Saxony.
read more... 10/03/2015
Russia obtains $15 million gas payment from Ukraine
Russian gas exporter Gazprom declared on Thursday it had obtained a $15 million prepayment from Ukrainian state energy company Naftogaz, avoiding a possible disruption in supply, at least for a few days.
read more... 06/03/2015
British gas prices will decline since more LNG fuels coal competition
U.S. bank Goldman Sachs anticipates increasing liquefied natural gas (LNG) supplies to decrease British natural gas prices to 37 pence-per-therm in the third-quarter of 2015, reducing coal's share of the country's energy mix.
read more... 06/03/2015
UK regulator enforces selling prohibition on ScottishPower
ScottishPower, one of Britain's "big six" energy providers, has been given a provisional selling interdiction for failing to clear a logjam of consumer problems within a timeframe fixed by the regulator.
read more... 05/03/2015