Latest news
The coal market in Europe
The coal prices decreased on Tuesday by 2 dollars as consequence of the sales made by several banks on Monday. According to traders and utilities, it was a necessity to reduce prices from the level of 100 dollars per ton for the punctual South African cargoes, because of the rapid increase.
read more... 29/04/2010
Petrom diversifies its power mix in Romania
Romanian oil and gas company, Petrom, plans to build a wind farm in Dobrogea, in south-eastern Romania. Starting with this project, the company wants to develop renewable energy and turn from a pure oil and gas company into an energy player in the Romanian energy market.
read more... 19/04/2010
The North Stream Project
Dmitry Medvedev, the Russian President, gave the start to the construction of an important gas pipeline that will bypass Ukraine, after the conflict caused by supply disruptions in the past. This project will give the chance to win an important gas market share in Europe.
read more... 14/04/2010
Largest biomass plant to be built in Poland
As GDF Suez stated, a big development project is envisaged for the polish energy market. The world’s largest biomass plant, named Green Unit, will be installed, having a capacity of 190 MW.
read more... 13/04/2010
Russian Oil Production established a record in March
Official data show that Russian oil production increased to a record high, from 10.08 billion barrels per day in February to 10.12 billion barrels per day in March. This was conditioned by factors, such as: rising demand and prices on the global market, the recovering global economy, etc.
read more... 02/04/2010