Russian Energy Minister Aleksandr Novak declared that the negotiations with Turkey have restarted on the Turkish Stream natural gas project on Friday.
read more... 01/08/2016
Crude oil prices were flat on Friday after reaching three-month lows during a week-long selloff driven by a continuing global oversupply , prompting a monthly decline of nearly 15 percent, the largest monthly loss in a year for U.S. WTI. Brent contract for September delivery, which expired as the front-month contract, ended at $42.46 a barrel, down 0.6 percent on the day and 14.5 percent lower on the month. That was the biggest monthly decline for Brent since December. Brent contract for October delivery boosted 30 cents to close at $43.53, after attaining $42.52, its weakest level since April 19. WTI contract for September delivery gained 46 cents, or 1 percent, to settle at $41.60 a barrel, after declining below $41 for the first time since April 20.
read more... 01/08/2016
The European Commission will give financial aid to the Trans Anatolian Pipeline project (TANAP) firm for its study and design of commercial operations and its asset integrity management systems, as stated by the company on Thursday.
read more... 29/07/2016
French utility EDF has unveiled it launched exclusive negotiations with Caisse des Dépôts and CNP Assurances to form a long-term partnership for the development of RTE.
read more... 29/07/2016
Norwegian oil major Statoil ASA declared on Friday it had decided to acquire Petrobras' 66% operated interest in the BM-S-8 offshore license in Brazil's Santos basin for $2.5 billion.
read more... 29/07/2016