Latest news
Romania: Chevron forced to suspend shale gas explorations
US oil major Chevron halted exploration works for shale gas in eastern Romania for the second time in two months, as a lot of people gathered to protest against government support for shale gas exploration and separate plans to set up Europe’s largest open-cast gold mine in a small Carpathian town.
read more... 10/12/2013
Russia and EU ready to discuss on ending antitrust probe
Last year, the European Commission formally opened an antitrust probe on concerns that Gazprom might be obstructing competition in Central and Eastern European gas markets and might have manipulated gas flows to its advantage, prevented diversification of supply, and by linking gas prices to oil prices.
read more... 09/12/2013
EIB to finance Enel Green Power projects in Romania
The European Investment Bank (EIB) would lend to Enel Green Power 200 million euros to cover in some measure investments for some wind farms in the Banat and Dobrogea regions of Romania. The 15-year loan will partially cover investments in EGP’s wind power projects, and has a pre-repayment grace period of up to two and a half years.
read more... 09/12/2013
Norway to spur investments in oil and gas industry at a record level in 2014
Norway is planning to spur its investments in oil and gas sector at a record level in 2014, according to data provided by statistics agency.
read more... 09/12/2013
Daily: British gas tumbles on outlook for higher temperatures
Brent crude increased over $111 a barrel on Friday on jobless figures in the United States indicating a five-year low. Brent rose 42 cents at $111.40 a barrel at 14:33 GMT, while U.S. crude traded 7 cents higher at $97.45 a barrel.
read more... 09/12/2013