Latest news

Egypt working on oil and gas exploration agreements estimated at $9.2 billion

Egypt works on three major oil and gas agreements estimated at $9.2 billion, after attracting investment of approximately $2.9 billion for oil and gas exploration in only a year, as stated by a representative of the energy ministry.

read more... 06/02/2015

news

Egypt inks an agreement with Trafigura for 33 LNG cargoes

Egypt has inked an agreement with trading house Trafigura to import 33 shipments of liquefied natural gas (LNG) spread over 2015 and 2016, the lion's share of a transaction settled with trading firms, as stated by the energy ministry on Thursday.

read more... 06/02/2015

news

ContourGlobal might begin constructing Kosovo power plant in 2016

ContourGlobal might begin constructing coal-fired power plant in Kosovo in 18 months, in the first significant investment in the country's energy sector in decades designed for reducing electricity shortages and creating jobs, as stated by an official at the U.S. power firm.

read more... 05/02/2015

news

RWE, E.ON close to a sale of stakes in Luxembourg’s Enovos

German utilities RWE and E.ON are close to a sale of their stakes in Enovos in a transaction that estimates the Luxembourg energy supplier at 2 billion euros ($2.28 billion), as stated by two sources familiar with the matter.

read more... 04/02/2015

news

Germany: rate of solar panel additions reduces in 2014

German solar panel installations dropped by 42.4 percent last year to 1.9 gigawatts (GW), as indicated by data from energy regulator, the Bundesnetzagentur.

read more... 04/02/2015

news