Latest news

France will take part in South Stream project

The memorandum concerning the number of shares transferred to the French company EDF was signed last Saturday, at Economic Forum in Sankt Petersburg.

read more... 22/06/2010

news

Prices for crude are pushed up by flexible yuan

The prices for crude oil jumped on Monday over $78 per barrel after Central Bank of China let the yuan fluctuate freely against the dollar.

read more... 22/06/2010

news

Vestas to supply 50 MW wind turbines for China

Datang Renewable Power ordered 25 wind turbines for a wind farm in China from Danish manufacturer Vestas, the second 50MW order of V80 2MW turbines series in five days.

read more... 22/06/2010

news

Russia will cut gas supplies to Belarus by 85 %

Russian gas giant Gazprom declared on June 18 that they are ready to cut the gas supplies to their Belarus partner Beltransgaz if they fail to pay off their debt by June 21st.

read more... 21/06/2010

news

New natural gas pipeline to connect Turkey, Greece and Italy

The Turkish state owned gas company Botas has signed an agreement to build a new natural gas pipeline connecting Turkey to Greece and Italy.

read more... 21/06/2010

news