Latest news
Russia will spend more than $400bln in gas sector investment
Russia is ready to invest $493 billion in its gas sector, in order to increase the gas production to one trillion cubic meters per year from 650 bcm per year by 2030, according to Gazprom CEO Alexei Miller.
read more... 13/10/2010
Poland is interested on buying Enea’s Kozienice power plant
France’s GDF, EDF and Poland's Kulczyk Holding are the companies which agreed with the Poland government over buying 51 % shares of Enea utility, a deal which could cost over $1.8 billion.
read more... 13/10/2010
Daily Market Update, Tuesday, Octobre 12.2010
Oil price was down for the second day on Tuesday as OPEC decided to let the oil market to focus on stronger dollar and to maintain oil current production levels. At 06:32 GMT, U.S. crude for November decreased at $81.43 per barrel, while ICE Brent dropped by $0.75 arriving at $82.97 per barrel.
read more... 13/10/2010
U.K. in becoming more environment responsible.
The institution of civil engineers (ICE) released a report called State Of The Nation – Infrastructure 2010 which shows that the U.K. has renewable energy supply but need to increase efficiency and speed up the up-scaling of green technologies in order to draw carbon emissions down.
read more... 12/10/2010
Russia bearing in mind higher taxes on oil.
A Russian newspaper, Vedomosti, announced Tuesday that the Energy Minister is considering increasing the tax on oil products.
read more... 12/10/2010