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Asian Development Bank to grant $450 mln in loan to expand Shah Deniz II project in Azerbaijan

Azerbaijan state-run energy company Socar has applied for a $450mn loan from the Asian Development Bank (ADB) to bolster its Shah Deniz project.

read more... 30/03/2016

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Egypt: EGAS finalizes tender for two LNG cargoes for April delivery

Egypt has acquired two liquefied natural gas (LNG) cargoes for April delivery from two international firms, EGAS Chairman Khaled Abdel Badie told Reuters on Sunday, without mentioning which two companies won the tender.

read more... 29/03/2016

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Fukushima to be transformed in a green energy hub

A public-private council has been set up in the city of Fukushima for the purpose to turn the prefecture into a renewable energy hub in just few years.

read more... 29/03/2016

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Daily: Oil futures close down in thin Easter holiday trade

Crude oil futures fell for a second consecutive session on Monday in thin Easter holiday trade and as hedge funds and other large speculators were skeptical to bet on a two-month long price recovery amid robust crude stockpiles.

read more... 29/03/2016

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Bosnian utility ERS will increase electricity prices by 4.9% in May

The regulator in Bosnia's independent Serb Republic on Friday allowed the region's electricity utility Elektroprivreda Republike Srpske (ERS) to increase power prices by an average 4.9 percent from May.

read more... 29/03/2016

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