Latest news
Romania signs a contract with Azerbaidjan and Georgia
On April 13, a new deal was signed between Romania, Georgia and Azerbaijan. This one represents another way to supply the European Union with gas through a project that could be finalized faster than the project proposed by Brussels, named Nabucco.
read more... 13/04/2010
South Stream project: Eni and Gazprom agreement
On Monday, Italian oil and gas group Eni announced about its intention of accelerating the process of finalizing together with Gazprom the feasibility study and to begin the construction of the South Stream gas pipeline as soon as possible.
read more... 13/04/2010
Power prices stable in the Nordic region
On Friday, the forward prices for Nordic electricity increased, because of the high German power prices, as well as fossil fuel increased prices for coal and oil, and another factor is the cold weather.
read more... 09/04/2010
US LNG imports are tempered by UK high gas prices
US gas prices have seen a decrease this week, which is not really profitable for LNG shippers to import from European countries, as higher as the European prices proposed better netbacks, according to traders and analysts on Thursday.
read more... 09/04/2010
Italian electricity prices sharply up, following suspension of Enel’s power plant
Enel has stopped for 15 days generation of electricity at one of its most important power plant in Italy, a coal-fired giant at Civitavecchia, after the death of a 34 year old employee during maintenance works on April, 3.
read more... 07/04/2010