Latest news
Russia launched its first renewables tender to spur green energy generation
Russia, being an oil and gas giant, has launched its first renewable energy tender, auctioning about 500MW in capacity, mostly to solar projects.
read more... 31/10/2013
Solar Energy: France to build an Institute for Excellence in Carbon-free Energy
French energy giants Total and EDF, alongside their public and private organizations have unified their efforts to create a French solar photovoltaic (PV) research and development (R&D) center near Paris, which will receive EUR 18.5 million (USD 25.5 million) in funding from the French National Research Agency (ANR).
read more... 31/10/2013
Ukraine and Chevron to collaborate in developing shale gas
Ukraine's government has approved on Tuesday a Production Sharing Agreement (PSA) with Chevron Corp. to explore and develop shale-gas deposits in the Lviv region. The objective is to reduce reliance on Russian gas as they thought that the price they pay for Russian gas is too high. The PSA would be signed on November 5 on the sidelines of an international economic forum in Kyiv.
read more... 31/10/2013
Daily: Crude oil prices mixed, spread widens
Crude oil prices were mixed on Wednesday, with Brent trading higher, encouraged by disruptions in Libyan oil exports and with U.S. oil trading lower for a second consecutive day on large inventory data.
read more... 31/10/2013
South Stream pipeline project - one of the most ambitious infrastructure projects
Russia is currently one of the most important commercial energy partners for Europe, and has always represented a certain and constant supply of gas for many European countries. At present, an important project combines the interests of both Russia and Europe- the South Stream project. Officially, the South Stream is a method for Russia to improve the reliability of its gas supplies to Europe, its largest export market. It will reach this objective by redirecting Russian gas supplies to Europe.
read more... 30/10/2013