A consortium led by the French energy giant Total, with German firm Wintershall and Pan America Energy from Argentina will invest USD 1 billion (EUR 725.1m) to develop the Vega Pleyade offshore deep water natural gas field off the southern coast of Argentina.
read more... 25/10/2013
U.S. crude oil futures recovered losses in choppy trade on Thursday while European Brent crude dropped.
read more... 25/10/2013
The German energy provide E. ON unveiled it started the construction of its Amrumbank West offshore wind farm in the North Sea.
read more... 24/10/2013
Crude oil prices plummeted on Wednesday in volatile spread trading following an increase in U.S. crude oil inventories to the highest level since June.
read more... 24/10/2013
Turkey intends to be one of the world’s 10 largest economies by 2023, which means that in less than 10 years, it must move at least one position every year to reach its challenging target. And it is on the right way to reach that goal as in few decades Turkey had succeeded in transforming its economy and its international image from a country that used to depend on external help, to a country that provides external help to others.
read more... 24/10/2013