Latest news
Russian Nord Stream-2 seeks new investors
Russia’s Nord Stream-2 pipeline project, operated by Gazprom, is looking for new investments.
read more... 21/10/2016
Germany approves the controversial nuclear waste deal
The German cabinet has paved the way for a controversial nuclear waste deal, allowing the country's major utilities to pay €23.5bn ($26bn) for shifting responsibility of managing nuclear waste to the government.
read more... 21/10/2016
Spanish government returns to renewable power auctions, with two new sales
The Spanish government envisages to hold two renewable power auctions, with one auction for December this year and another one in January 2017, in a move to meet its European Union green power commitments.
read more... 21/10/2016
Daily: Crude oil prices down 2% as dollar hit seven-month high
Oil prices closed down more than 2 percent on Thursday, as a reviving dollar spurred players to take profit on the previous day’s hike that drove U.S. crude to 15-month highs. The dollar reached seven-month high against a basket of currencies. Benchmark Brent crude for December delivery eased $1.29, or 2.5 percent, to settle at $51.38 per barrel. U.S. West Texas Intermediate (WTI) crude's November contract, which expired as the front-month, declined $1.17, or 2.3 percent, to end at $50.43. WTI's December contract, which will be front-month from Friday, shed $1.19 to settle at $50.63.
read more... 21/10/2016
Iran and Turkmenistan ink gas swap deal
Iran and Turkmenistan have inked a gas swap deal, under which Iran takes 3 million cubic meters/ d from Turkmenistan on its northeast border and will supply the same amount to Azerbaijan from its own reserves at the other side of the country.
read more... 20/10/2016