Russia and Poland have agreed a new gas supply deal, in order to diminish the worries concerning eventual gas cuts to Europe during the coming winter.
read more... 19/10/2010
Enel Green Power got the official permission to list its renewable unit on the Milan bourse, which will be Europe's biggest initial public offering this year.
read more... 18/10/2010
Tensions over bomb making nuclear activity continue between Teheran and the U.S. as more companies abandon their activities in Iran each day due to pressure. Although earlier this year European major oil companies said they would not renounce to their activity in the country, four of them will retreat from Iran, announced Thursday the U.S. Deputy Secretary of State James Steinberg.
read more... 05/10/2010
As Poland shared interest in developing gas opportunities, like other eastern European countries, thus reducing its reliance on the Russian partner, Chevron, as some other major oil companies, seized the opportunity to extract shale gas at better prices. Still, according to Bobby Ryan, Chevron’s head of global exploration, there is much more work to be done than at first glance.
read more... 23/09/2010
Prompt South African coal cargo prices increased by 75 cents on Friday, despite a low demand this week in Europe and Asia. However these prices have been traded higher this week in order to maintain the actual level of the market, while new consumers will appear in the next quarter.
read more... 21/09/2010