Latest news
Ukraine plans more gas imports, injections in August
Ukraine intends to raise natural gas imports from Europe in August with a view to expanding injections into storage for next winter, as stated by Energy Minister Volodymyr Demchyshyn on Monday.
read more... 28/07/2015
Daily: European prompt power prices diverge, with German down, French up
Crude oil futures touched four-month lows on Monday after a sharp decline in China’s stock markets which intensified worries about the economic health of the largest energy consumer in the world, while data showed a growing crude glut. Brent crude oil slipped $1.15, or 2 percent, to close at $53.47 a barrel. U.S. crude dropped 75 cents, or 1.6 percent, to settle at $47.39.
read more... 28/07/2015
Brazil approves $70 billion BG-Shell fusion
BG Group Plc on Friday confirmed that it has obtained final unconditional approval from Brazilian competition authority CADE for its purchase by bigger competitor Royal Dutch Shell.
read more... 27/07/2015
General Electric to supply advanced technology for TANAP project
US based General Electric's oil and gas unit has won contract to provide advanced turbomachinery for the first phase of the Trans-Anatolian Natural Gas Pipeline (TANAP) project, which is being constructed for gas transportation from Azerbaijan to Europe.
read more... 27/07/2015
Three Chinese companies bid to construct 350 MW Bosnia coal power plant
Three Chinese firms have bid to finance and construct a 350 megawatt (MW) coal-fired power plant in central Bosnia, as stated on Friday by Munever Cergic, the general manager of Banovici coal mine, the future plant operator.
read more... 27/07/2015