Latest news
Italy: SNAM ready to export gas to Eastern Europe
Italy-based SNAM, one of Europe’s major gas transport companies, is prepared to convey imported gas to Eastern Europe starting from 2015 due to a new gas stream infrastructure, taking into consideration that Russian gas supplies to Europe are being threatened by the increasing crisis over Ukraine.
read more... 20/03/2014
Rosneft defies Gazprom monopoly to get right to export Russian gas via pipeline
The major oil producer in Russia, Rosneft, plans to break domination of another energy important company, Gazprom, to export gas through pipelines, leading to an explosion between the major clans, according to some sources on Friday.
read more... 10/03/2014
EU urged by thirteen ministers to approve 2030 green energy goals
The European Union has been urged by thirteen ministers on Monday to reach an accord till the end of March on the most important aspects of 2030 environment and energy policy or it risks discouraging significant energy investments and pushing back efforts to obtain a global agreement on climate change.
read more... 04/03/2014
Iberdrola to invest more abroad and less in Spain
Spanish Iberdrola, the world’s major wind power generator, has expressed its disapproval regarding the latest energy market reform announced by the Spanish government, declaring that the changes in the energy policy will discourage important investment. The company’s net earnings reduced 7% in 2013, as a result of Spanish regulatory modifications and fiscal measures.
read more... 20/02/2014
Eni has made an important oil and gas discovery in Congo
Italian oil and gas company Eni has made an important oil and gas discovery in the Marine XII block located about 17 km offshore Congo, at the Nene Marine 3 well. According to the company, the field where the well is sited might contain about 1.2 billion barrels of oil and 30 billion cubic metres of gas in place.
read more... 19/02/2014