Latest news
E.ON would like to enter Croatian market
E.ON Ruhrgas, German’s most important energy company in Germany, declared on Wednesday having been in negotiations with Croatia concerning the gas supply in this country.
read more... 17/09/2010
PGE, Polish utility, signs a contract with Energa for $2.5 billion
PGE, Poland’s major utility, controlling over 40% of the electricity market, signed a transaction for 2.5 billion dollars, to acquire from the government 84% stake in Energa.
read more... 17/09/2010
Gamesa will triple investment in China by 2012
The Spain-based company Gamesa, will triple its investment in China in the next 2-3 years, to expand its facilities in the country. The Spanish company already invested around 42 million Euro in 2009 and plans to invest a further 90 million by 2012, to meet the rising demand of China’s growing wind energy industry.
read more... 17/09/2010
Total anticipates stable production in 2011
The major oil company in France, Total, stated on Wednesday that it anticipated stable oil and gas production in 2011, though the target remained of 2% average annual growth between 2010-2014.
read more... 16/09/2010
Oil price drops to $76 for the second day consecutively
Oil price decreased for the second day consecutively on Wednesday, since the biggest Canada-US crude pipeline has been prepared to restart by the end of the week, according to Enbridge, which is in the process of finalizing repairs on the duct.
read more... 16/09/2010