Latest news
Lindsey refinery acquisition
Oil Refinery Petroplus, based in Switzerland, has submitted a proposal to buy Total’s refinery Lindsey in the UK. In order to reduce its total production capacity of oil, Total, the largest oil company in France, intends sell its 223 000 barrels per day Lindsey refinery. This event was rather unexpected news.
read more... 23/04/2010
Gas price discussions between Russia and Ukraine
On Wednesday, the Russian President, Dmitry Medvedev, met with his counterpart from Ukraine, Viktor Yanukovich, to discuss the tariff reduction on imported gas, so fundamental for Ukrainian economy.
read more... 21/04/2010
Qatar interested in Russian gas
Qatar invited the Russian energy giant Gazprom to take part in new projects on liquefied natural gas, LNG. The projects that will take place starting from 2014 have the intention to improve the relations between the two countries so rich in natural gas.
read more... 21/04/2010
Ambitious target for EU: to reach 100 percent renewable energy by 2050
According to "RE-thinking 2050" publication of the European Renewable Energy Council (EREC), an ambitious target for the European Union - to achieve 100 percent of energy from renewable sources by 2050 has been suggested.
read more... 16/04/2010
Investment of Petrom in Romanian wind power project
Petrom, the Romanian oil and gas group, intends to purchase a wind power project, looking for new opportunities for assessment of potential energy sources, insulating against the inefficiency of the existing refineries this way.
read more... 16/04/2010