Latest news
Russian oil & gas firms plan to invest $20 BILLION in Iraq’s energy industry
Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee at the Russian Federation Council, has announced. The companies may spend up to $20 billion on oil projects in Iraq, Fyodorov said at a meeting with Iraqi Ambassador to Russia Abdul-Rahman Al-Husseini, according to Russian media.
read more... 11/02/2020
Uniper power plant in Gelsenkirchen-Scholven: Groundbreaking ceremony for new gas and steam plant
Uniper has begun construction of two new gas turbines and a steam boiler at the Scholven power plant site after the Münster district government granted approval before Christmas. The new gas and steam plant is to replace the existing plants in the future. The conversion of the site to operate with natural gas will not only massively reduce the emission of climate-damaging substances such as CO2. Also, the noise impact from the plant itself and from fuel supply trucks will be significantly reduced, as the gas will be delivered by pipeline.
read more... 07/02/2020
Shell to build its first solar farm in Australia
MELBOURNE (Reuters) - Oil and gas major Royal Dutch Shell said on Friday it plans to build its first utility-scale solar farm in Australia, part of a global push into the power business and cleaner energy.
read more... 07/02/2020
Daily (07.02.2020): An oversupplied system and lower LNG prices weighed on UK’s gas market on Thursday
Oil prices varied on Thursday on mixed signals from OPEC and its partner Russia about potential further output cuts to reduce the impact of any weakening in global demand due to the coronavirus outbreak.
read more... 07/02/2020
Lithuania could take 'legal measures' to restrict Russian gas imports
A small amount of Russian gas doesn't pose a threat to the country's energy independence, according to the Lithuanian energy minister, after a report by Lithuanian intelligence bodies said Russian supplies pose a risk to national security.
read more... 05/02/2020