Latest news
Partners to sign for Norwegian-German electricity cable of 1.5-2 billion euro
Norwegian and German power grid firms and Germany's development bank KfW should make the final investment decision on a 1.5-2 billion euro ($1.7-2.3 billion) power cable between the two countries on Tuesday, as stated by associates.
read more... 10/02/2015
Egypt working on oil and gas exploration agreements estimated at $9.2 billion
Egypt works on three major oil and gas agreements estimated at $9.2 billion, after attracting investment of approximately $2.9 billion for oil and gas exploration in only a year, as stated by a representative of the energy ministry.
read more... 06/02/2015
Vattenfall to proceed with lignite sale, concentrate on wind
State-owned Swedish utility Vattenfall is increasing investments in wind power as part of its effort to cut emissions and counterbalance losses at its struggling coal-fired power stations.
read more... 06/02/2015
ContourGlobal might begin constructing Kosovo power plant in 2016
ContourGlobal might begin constructing coal-fired power plant in Kosovo in 18 months, in the first significant investment in the country's energy sector in decades designed for reducing electricity shortages and creating jobs, as stated by an official at the U.S. power firm.
read more... 05/02/2015
Gazprom will make an investment of around $500 million in Kyrgyzstan in 2015-2017
Russian state gas producer Gazprom will spend approximately 34 billion roubles ($495 million) in 2015-17 to improve and develop gas infrastructure it purchased in Kyrgyzstan and guarantee stable gas supply, as stated by Gazprom CEO Alexei Miller on Friday.
read more... 30/01/2015