Latest news
BP acquires stake in Eni's giant Zohr gas field offshore Egypt
BP has decided to acquire 10 percent of Eni's Shorouk concession offshore Egypt, which comprises the giant Zohr gas field, for $375 million, joining other oil majors in raising bets on the developing gas market.
read more... 28/11/2016
EU reinforces energy cooperation with Ukraine
European Commission (EC) and Energy Ministry of Ukraine inked a Memorandum of Understanding (Mou) which targets to reinforce energy partnership between two sides, as stated by EC on Thursday.
read more... 25/11/2016
British IGas gets the green light for shale gas exploration
Onshore hydrocarbon producer, IGas Energy plc, confirmed Tuesday that Nottinghamshire County Council’s Planning and Licensing Committee has awarded the company planning consent to drill up to two exploratory wells in Misson Springs, North Nottinghamshire, UK.
read more... 16/11/2016
French EDF acquires Areva's reactor assets
French state-owned power utility EDF signed a contract on November 15 to acquire loss-making Areva’s nuclear reactors in a deal worth 2.5 billion euros ($2.7 billion).
read more... 16/11/2016
Spanish wind park Gamesa profit up 63% to €206 million in the first nine-months of 2016
Spanish wind turbine manufacturer Gamesa increased on Thursday for the second time in a year its 2016 sales and earnings targets, after reporting a 63 percent rise in net profit in the first nine months encouraged by a robust order book from emerging markets.
read more... 11/11/2016