Latest news
ENGIE to purchase LNG “made in the USA”
France will soon use liquefied natural gas from the United States to cover its energy needs, as French gas companies are not allowed anymore to exploit unconventional resources following the adoption of anti-fracking law in 2011.
read more... 11/11/2015
2015 World’s top oil and gas firms
Oil and gas firms are among the world’s largest corporations. According to 2015 Financial Times Global 500 list, among the global top 10 oil and gas companies based on net income are the. U.S. firm Exxon Mobil, which is ranked first, with a total net income of about 32.5 billion U.S. dollars, followed by Chevron U.S., PetroChina etc.
read more... 11/11/2015
€35 million to raise hydropower in Morocco
Morocco will obtain an investment estimated at €35 million (£24.8m) to increase the hydropower sector in the country.
read more... 11/11/2015
Daily: Crude oil prices recover after a four-day losing streak
Crude oil prices rebounded on Tuesday, breaking a four-day losing streak in a market struggling to draw conclusions from contrasting monthly reports by the International Energy Agency (IEA) and the US Department of Energy (DoE). WTI crude prices for December delivery gained 34 cents to settle at 44.21 dollars a barrel on the New York Mercantile Exchange, while Brent crude rose 25 cents to end at 47.44 dollars on the London ICE Futures Exchange.
read more... 11/11/2015
Italy's Snam interested in acquiring 17 pct stake in Greek gas network from SOCAR
Italian gas grid operator Snam would like to purchase a 17 percent stake in Greek gas grid operator DESFA from SOCAR, as stated by the Azeri state energy company's president on Tuesday, in an agreement that may calm European Commission worries.
read more... 11/11/2015