Chinese banks are likely to give a loan of $12 billion to the Yamal LNG project run by Novatek, as stated by Interfax news agency on Friday quoting Leonid Mikhelson, chief executive of Novatek, Russia's major non-state gas producer.
read more... 14/09/2015
German energy giant RWE has received the green light from a Dutch court to continue the construction of the 1600MW controversial coal-fired power station near Eemshaven Port in Groningen, Netherlands.
read more... 11/09/2015
Russia's main natural gas producer Gazprom declared on Thursday it had vended more than 1 billion cubic metres (bcm) of gas of 3.2 bcm on offer in its first spot tender, designed as a test of its ability to adjust to new challenges in the gas market.
read more... 11/09/2015
Global nuclear electricity generation capacity might grow by more than 45 percent in the next 20 years but the rythm of growth will still fall short of what is required to reduce climate change, as mentioned in an industry organisation report on Thursday.
read more... 11/09/2015
WTI crude oil prices hiked by 4 % on Thursday, spurred by traders’ focus on solid U.S. demand for gasoline which eclipsed news of increased U.S. stockpiles of crude. WTI crude futures rose by $1.77, or 4.0 percent, to settle at $45.92 a barrel. Brent crude, the global benchmark for oil, boosted by $1.20, or about 2.5 percent, to close at $49.70 a barrel.
read more... 11/09/2015