Latest news
Spain might be entryway for gas to Europe
Europe’s reliance on Russian gas supplies might be reduced with the help of Spain’s complex gas infrastructure at the time when the plans to transport gas across the Pyrenees will turn into reality, as stated on Thursday by Antoni Peris, the chairman of the Spanish gas association.
read more... 28/03/2014
Finland’s Kesko abandons Fennovoima nuclear consortium
Finnish retailer Kesko declared on Thursday it would give up the Fennovoima nuclear conglomerate, increasing worries over a project that is likely to engender confrontations in parliament between members of the ruling coalition, because of the ambiguity in the financial, contractual and timetable requirements.
read more... 28/03/2014
Daily: European carbon allowances drop to the lowest level since January
Crude oil futures boosted on both sides of the Atlantic on Thursday, with WTI crude rose by more than $1 per barrel to reach a three-week high following upbeat U.S. economic data and the end of refinery maintenance season which unveiled a strong demand ahead for crude oil.
read more... 28/03/2014
Total and Russia’s Lukoil are discussing a collaboration in shale projects
French oil major company Total and Lukoil have the intention to cooperate in shale gas projects since Russia employs unconventional resources to substitute decreasing output at mature fields in Siberia, as published in the Financial Times on Thursday.
read more... 28/03/2014
Myanmar Oil gas blocks to be explored by Shell, Statoil, Total and others
The most important international oil companies, such as Statoil, Conoco Phillips, Royal Dutch Shell and Total, have been awarded with the rights to perform explorations for oil and gas off Myanmar, as stated by the Ministry of Energy in the Southeast Asian country.
read more... 27/03/2014