Latest news
Work launched at UK-France power interconnector
The foundation stone for a new power interconnector linking Britain and France was laid yesterday, marking the start of a project which will enable higher levels of renewables in the two countries’ power grids.
read more... 24/02/2017
Russian giant Rosneft to expand in Libya and Iraq
Russian oil company Rosneft has expanded its activities in the Middle East by signing two oil purchase agreements in Libya and Iraq.
read more... 24/02/2017
Daily (24.02.2017): Oil pares gains after 7th consecutive rise in crude inventories
Crude oil climbed on Tuesday, but gains were pared after the U.S. government figures indicated a seventh consecutive increase in crude inventories, undermining OPEC’s initiative to cut output.
read more... 24/02/2017
Siemens awarded a $400 mln order to supply gas turbines to Saudi Arabia
German engineering group Siemens has been awarded an order of around $400 million to supply five gas turbines for a combined heat and power plant being built in Saudi Arabia by South Korea's Doosan Heavy Industries & Construction.
read more... 23/02/2017
Construction of gas interconnector between Greece and Bulgaria to start in early 2018
The construction of the gas pipeline link between Bulgaria and Greece (IGB) is expected to start in the beginning of 2018, interim Bulgarian energy minister Nikolay Pavlov said during a visit to Azerbaijan.
read more... 23/02/2017