Latest news
Ofgem gives the go- ahead to a £1.2bn subsea electricity link in Scotland
Scottish Hydro Electricity Transmission (SHE Transmission), the electricity transmission subsidiary of SSE, has got the green light from the UK Office of the Gas and Electricity Markets (Ofgem ) for a £1.2bn subsea link and transmission charging upgrade. It represents the greatest investment in the region’s electricity network since the 1950s.
read more... 15/07/2014
China and Russia to ink a $1.6 bln deal on Siberian LNG Project
A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has inked a $1.6 billion engineering deal to build equipment for a liquefied natural gas (LNG) project in Siberia, the company declared on Wednesday.
read more... 14/07/2014
Croatia is on track to become a regional energy hub
Croatia has all the chances to become a regional energy hub, ensuring energy supplies in the area by diversifying supply options for the European countries and permitting them to reduce their grip on Russian gas, reiterated U.S. Assistant Secretary of State Victoria Nuland.
read more... 14/07/2014
Serbia inks a 2.1 billion euro contract with Gazprom to build South Stream section
The Russian natural gas giant Gazprom announced that its Serbian subsidiary Centrgaz wil be responsible for buiding the South Stream natural gas pipeline in the country. The move came after its subsidiary had won a tender for the construction of the pipeline in Serbia.
read more... 11/07/2014
National Grid: Electricity prices could increase twofold within 20 years
Electricity prices could double by 2035, while gas prices might increase by 43%, according to analysis released by the National Grid.
read more... 11/07/2014