Latest news
Work launched at the Greek section of Trans-Adriatic gas pipeline
Greece started on Tuesday the construction on a 550-kilometre (342-mile) section of the Trans-Adriatic Pipeline (TAP) which will carry Caspian gas to European markets in an attempt to reduce their reliance on Russia.
read more... 18/05/2016
Hydropower drives Vattenfall, Statkraft profits, Fortum hit by reduced prices
Sweden's Vattenfall and Norway's Statkraft registered higher first-quarter earnings on Thursday, sustained by higher hydropower production, while fossil-fuel reliant Finnish Fortum's profit dropped.
read more... 29/04/2016
Austria: Habau will accomplish Bulgaria-Romania gas pipeline
The state gas network operators of Bulgaria and Romania have inked an agreement with Austrian construction company Habau to accomplish a postponed interconnector connecting the two Balkan nations which is intended at reducing Bulgaria's reliance on Russian gas imports.
read more... 07/04/2016
Bulgaria inks an agreement with Shell for deepwater oil and gas exploration
Bulgaria signed a deal with Royal Dutch Shell on Tuesday to explore for oil and gas in an offshore block in the Black Sea in a bid to end its almost total reliance on Russian natural gas.
read more... 24/02/2016
Poland: PGNiG anticipates Norway gas pipeline connection by 2022
Polish gas firm PGNiG's plan to construct a pipeline between Poland and Norway to cut its reliance on Russia is likely to launch a few billion cubic metres (bcm) of yearly gas capacity by 2022, it declared on Thursday.
read more... 01/02/2016