Latest news
Enel searches new opportunities in Egypt
Egypt's Ministry of Petroleum and Enel, Italy's biggest oil and gas utility, agreed on Tuesday on a deal regarding Enel’s oil and gas exploration in Egypt, in order to expand and to increase its resource supplies.
read more... 19/05/2010
Russia and Turkey agreed on nuclear power plant deal
On Wednesday, Russia has signed a nuclear power plant project with Turkey amounting $20 billion, in order to establish a strong partnership after two Cold War-era rivals. Russia will be responsible for this project by owning a controlling stake.
read more... 13/05/2010
Solar electricity could reach 22 percent of global power supply by 2050
According to the International Energy Agency(IEA), solar electricity could provide up to a quarter of the world's power by 2050, thus cutting greenhouse gas emissions by almost 6 billion tonnes and reducing the dependence on fossil fuels, though government support is imperative in the next decade.
read more... 12/05/2010
Vattenfall's German grid in sale process to Elia
Elia, Belgian power grid operator, and its Australian partner, agreed with EU regulatory clearance concerning Vattenfall acquisition, a Swedish power company and a German high-voltage grid.
read more... 11/05/2010
Oil price stable at $80
On Thursday, oil prices hold around $ 80 per barrel, as a consequence of the U.S. worries over Greece’s economic situation.
read more... 06/05/2010