Latest news
Egypt inks its first shale gas deal with Apache, Shell
Egypt has inked its first deal to extract shale gas using fracking technique with Apache and Shell Egypt, announced the Ministry of Oil.
read more... 18/12/2014
Dutch grid company Tennet to support Norway-Germany electricity cable
Dutch stakeholder TenneT declared on Tuesday it had its government's permission to take part in an undersea cable project to connect Norway's hydroelectricity production to the German grid.
read more... 17/12/2014
Daily: European spot power prices drop on robust wind power supply, tightening demand
Brent crude futures declined for a fifth consecutive day on Tuesday to close below $60 a barrel, while WTI crude ended a volatile session slightly higher as trading of expiring options helped defend the price above $55. Brent crude for January delivery slipped $1.20, or nearly 2 percent, to settle at $59.86 a barrel. The contract has lost more than 10 percent in five days of trading. U.S. crude's front-month rose 2 cents to close at $55.93 a barrel. Its session low of $53.60 was the lowest since May 2009.
read more... 17/12/2014
Repsol to purchase Talisman Energy for large premium
Spain's Repsol has decided to purchase Talisman Energy, Canada's fifth-biggest independent oil producer, for $8.3 billion since the decline in oil prices urges firms to take the plunge on huge M&A transactions.
read more... 17/12/2014
Portugal: EDP vends several Spanish gas assets for 236 million euros
EDP-Energias de Portugal Spanish division Naturgas decided to vend natural gas distribution assets in three Spanish districts to Redexis, a holding firm of Goldman Sachs Infrastructure Partners, for 236 million euros ($295 million), as stated by EDP on Tuesday.
read more... 17/12/2014