Latest news
Finland to grant $88 mln investment aid for renewables projects
Finland’s government plans to allocate 80 million euros ($88 million) in aid to biofuel and new energy technology projects to meet its climate goals by 2030.
read more... 26/02/2016
Daily: Crude oil prices rebound 3% on confirmation of a producers meeting in March
Crude oil futures rose 3 percent on Thursday, reversing previous losses after news of a meeting of major producers in March to stabilize prices and on project delays and job layoffs in the industry. Brent crude futures rose 88 cents, or 2.6 percent, to close at $35.29 a barrel, reaching a three-week high. It had also declined more than $1 earlier.
read more... 26/02/2016
Gazprom to reduce by 10% gas deliveries to private companies in Turkey
Supplies of natural gas to private sector companies in Turkey fell by 10% due to a price dispute with Russian energy giant Gazprom, a Turkish Energy Ministry official said Thursday.
read more... 26/02/2016
Memorandum of Understanding between Gazprom, Edison and Depa for the supply of gas
Russian gas giant Gazprom inked a memorandum of understanding (MoU) with Italy’s Edison SpA and Greek company DEPA on gas supplies from Russia over the Black Sea bottom.
read more... 25/02/2016
Poland will develop geothermal energy since wind farms spoil landscape
Poland, under pressure from the EU to reduce its utilization of extremely polluting coal, will develop geothermal energy resources rather than wind farms which destroy the landscape, as stated by its environment minister on Wednesday.
read more... 25/02/2016