Latest news
Poland: PGNiG anticipates Norway gas pipeline connection by 2022
Polish gas firm PGNiG's plan to construct a pipeline between Poland and Norway to cut its reliance on Russia is likely to launch a few billion cubic metres (bcm) of yearly gas capacity by 2022, it declared on Thursday.
read more... 01/02/2016
Oil futures rose on supply cut discussions
Global benchmark Brent crude futures increased on Friday, heading about 8 percent higher so far this week and set for a second weekly gain, stimulated by hopes of an agreement among oil-producing countries to tackle a growing oversupply.
read more... 29/01/2016
Areva plans 5 billion euro capital raise
French nuclear conglomerate Areva announced it plans a 5 billion euro capital raise to reestablish its finances and declared it anticipates the intended takeover of its reactor unit by fellow state-owned utility EDF to be completed in 2017.
read more... 29/01/2016
Turkey working on natural gas price reduction
Turkey is working to reduce the price of natural gas for domestic clients, the energy minister declared on Wednesday, in a move expected to be greeted by users who are fighting with increasing inflation.
read more... 29/01/2016
Ukraine will reduce 2016 gas imports, none from Russia
Ukraine is expected to reduce its natural gas imports to between 11 billion and 13 billion cubic metres (bcm) this year and bring it all from the European Union, avoiding Russia totally, as stated by its energy minister on Wednesday.
read more... 29/01/2016