Latest news
Exploration assets sold by Petrom in Russia
The major oil and gas group in Romania, Petrom, owned mostly by Austrian OMV, sold 75% of exploration assets in Ring Oil to its minority partner Mineral and Bio Oil Fuels Limited in Russia, since it focuses mainly on the Romanian and Kazakh activities. The total value of the transaction was not disclosed.
read more... 07/09/2010
Alerion to build new wind farm in Romania
Alerion, an Italian renewable energy company, based in Milan, obtained its first full authorization for the construction of a wind farm in Romania. Authorization was received through its Romanian subsidiary Compania Eoliana SA.
read more... 07/09/2010
Imports of coal in Germany increase despite green lobbying
Coal imports in Germany seem to increase, regardless the worries concerning the carbon pollution and anti-coal lobbying, which have prevented many coal-fired projects.
read more... 06/09/2010
Eni intends to increase gas stocks by 4 bcm
Eni, the major oil and gas company in Italy, presented to regulatory authorities and to the Industry Ministry a plan to raise its gas storage facilities by 4 billion cubic meters, according to some of the Ministry’s officials.
read more... 06/09/2010
Wind installations slows in Spain during 2010
According to Spanish Wind Energy Association(AEE), there was a slow pace of growth of wind sector in terms of installed capacity, showing an increase of 727 MW in 2010.
read more... 06/09/2010