Latest news
SSE decides to acquire 20% stake in Total’s Shetland project
SSE has decided to buy a 20 percent stake in Total's Laggan-Tormore gas field and plant for 565 million pounds ($881 million), plus an estimated investment of 350 million pounds to 2018, as stated by the British utility on Wednesday.
read more... 29/07/2015
Russia hopes to settle on new gas route to China in September
Russia hopes to ink a deal on natural gas supplies to China from western Siberian fields, besides the previously settled supplies from an eastern route, during President Vladimir Putin's visit to China in September, Russian Energy Minister Alexander Novak declared on Tuesday.
read more... 29/07/2015
Polish opposition wishes to block railways’ sale of utility unit
Poland's most important opposition party, a frontrunner in pre-election polls, wishes to block the already settled 2-billion zloty ($537.1 million) sale of Polish state-run railways PKP's utility unit to global private equity fund CVC.
read more... 29/07/2015
Daily: Crude oil starts to gain ground after four-day loss
Crude oil prices erased a part of their recent decline on Tuesday, with Brent rebounding from near six-month lows and WTI crude rising more than 1 percent, spurred by bets for a decline in U.S. inventories which attenuated worries about a global oversupply and China’s stock market plunge. Brent futures decreased by 17 cents, or 0.3 percent, to close at $53.30 a barrel. It had hit $52.28 earlier in the session, its lowest since early February. U.S. crude futures boosted 59 cents, or 1.2 percent, to settle at $47.98 a barrel.
read more... 29/07/2015
Ukraine plans more gas imports, injections in August
Ukraine intends to raise natural gas imports from Europe in August with a view to expanding injections into storage for next winter, as stated by Energy Minister Volodymyr Demchyshyn on Monday.
read more... 28/07/2015