Latest news
Novatek in talks with Germany and other EU countries
Novatek OAO, Russia's largest independent gas producer is in talks to enlarge its gas trading operations in Germany and other European countries, becoming the first Russian company to face Gazprom’s export monopoly. Novatek has already signed a contract with German utility EnBW to provide with 2 billion cubic meters of natural gas per year from October 2012 for a 10 years period.
read more... 31/10/2012
Spanish utility Iberdrola to sell 5 bilion euros in assets to curb its debt
Spain’s largest utility Iberdrola is planning to slash investments and to sell as much as 5 billion euros ($6.5 billion) in assets as part of a strategic plan that aims to curb debt and maintain profitability.
read more... 25/10/2012
Dong Energy to switch 3 plants from coal to biomass
Dong Energy, Denmark’s biggest utility, is likely to cut coal use and then carbon emissions by switching three of its major plants to biomass, which have a total capacity of about 1,968MW, announced the company.
read more... 16/10/2012
World’s largest wind farm will be built in British waters
Spanish utility Iberdrola together with the Swedish company Vattenfall has started the construction of the world’s largest wind power project East Anglia, as Iberdrola intends to become the world leader in offshore wind farm technology.
read more... 10/10/2012
Gazprom and Centrica strike a 3 year gas supply contract
British utility Centrica has announced on Thursday that it has signed a 3 years gas supply contract with Gazprom Marketing & Trading, a UK registered wholly-owned subsidiary of Russian energy giant Gazprom. Under the deal, Gazprom will supply 2.4 billion cubic meters of natural gas starting from 2014.
read more... 21/09/2012