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Total, Novatek launch gas production at Siberian project
French oil leading company Total has launched gas and condensate production at its Termokarstovoye field in northern Siberia, the first of a sequence of projects with Russia's Novatek to come to completion, according to the company on Wednesday.
read more... 21/05/2015
BP raises stake in Egypt gas field
BP has rose its share in the $12 billion West Nile Delta gas field in Egypt to more than 80 percent after purchasing a stake from DEA, the energy company possessed by Russian billionaire Mikhial Fridman.
read more... 20/05/2015
Daily: Crude oil down more that 3% on stronger dollar, supply glut concerns
Crude oil declined more than 3 percent on Tuesday, with WTI crude prolonging losses for a fifth consecutive day as the dollar firmed and on news that the Unites States and top oil exporter Saudi Arabia were pumping a bigger quantity that needed. Brent crude declined by $2.25 to settle at $64.02 a barrel, while U.S. crude's front-month contract fell $2.17 to end at $57.26.
read more... 20/05/2015
Solar company Conergy plans transactions to bulk up for IPO
Conergy, once Europe's major solar company by sales, declared it was planning to buy up to two firms in 2015 to expand before it goes public.
read more... 20/05/2015
Estonia launches electricity connection to Finland
Finnish-Estonian electricity interconnection Estlink-2 will be available for trading power in the day-head market from Wednesday after being resumed on Monday evening, as stated by Estonia's grid operator Elering.
read more... 20/05/2015