Latest news
Russia seeks transparency of the Indian Nuclear Liability Legislation before implementing its project.
Russia wants to make clear the Indian nuclear civil liability legislation before it will implement its project of building 16 nuclear reactors in India. This action was performed at the Russian President’s initiative, during a delegation of two days.
read more... 27/12/2010
The unconventional gas suppliers from Europe need subsidies from government to become attractive on the market.
The Oxford Institute for Energy Studies in collaboration with the SBC Energy Institute has published a study on unconventional gas in Europe. The study "Can unconventional gas be a game changer in European gas markets?” concludes that unconventional gas development will not be a game changer for European gas markets overall. However, it could have a significant impact in individual countries, although probably not in this decade.
read more... 27/12/2010
Russia’s Gazprom and Italy’s Eni extend their strategic agreement until 2012.
Gazprom and Eni have extended their 2006 strategic agreement, which would have expired on December 2010, until 2012. The agreement targets the boost of industrial and commercial operations in Russia and third countries.
read more... 24/12/2010
Northern Ireland Electricity purchased by Electricity Supply Board.
The state-owned Electricity Supply Board (ESB), purchased Northern Ireland Electricity (NIE) from Arcapita Bank-owned Viridian Group. The acquisition amount was around £1.2bn.
read more... 23/12/2010
Kuwait Petroleum International Lubrificants awards Foster Wheeler AG.
Foster Wheeler AG has won the contract with Kuwait Petroleum International Lubrificants for its outstanding contribution in providing engineering services for a brown field lube oil blending plant. The plant was built in Antwerp, Belgium with the support of Kuwait Petroleum.
read more... 22/12/2010