Latest news
EU policy paper offers assistance to export coal-fired power plants
European manufacturers of coal-fired power plants should obtain financial aid to export the equipment, as stated by in an EU policy paper, challenging environmental opposition to any type of subsidy for coal.
read more... 04/06/2014
Russia’s Stroitransgaz to construct South Stream traversing Bulgaria
Russian natural gas exporter Gazprom stated on Tuesday it had chosen a conglomerate run by Russia's Stroitransgaz to extend the South Stream pipeline across Bulgaria at an estimated cost of over 3 billion euros ($4.10 billion).
read more... 28/05/2014
Azerbaidjan: Socar to limit gas exports in 2014
The natural gas exports of Azeri state energy company SOCAR are likely to drop from 2.84 billion cubic metres (bcm) in 2013 to 2.6 bcm in 2014 because of reduced volumes to Russia, as stated by a SOCAR official on Monday.
read more... 20/05/2014
Austria: personal gas aspirations aided to keep Russian pipeline safe
Gazprom's South Stream pipeline project has been saved by Austria last month in order to bring its own gas from the Black Sea, according to a source. This would be the first time the Russian gas exporter has consented to a rival’s gas access to its pipelines.
read more... 15/05/2014
Daily: Brent crude prices fall as Libya exports resume
Brent crude oil dropped by about $1.50 a barrel on Monday as Libya, an important crude oil producer, paved the way to resume exports from the eastern oil port of Zueitina, while the spread versus U.S. futures suddenly reduced after expanding for two weeks.
read more... 29/04/2014