Egypt's state gas purchaser EGAS will hold an international procurement tender in November for 48 to 56 liquefied natural gas (LNG) shipments for arrival in 2017, as stated by an EGAS official on Monday.
read more... 17/10/2016
SSE Plc, Britain's second largest energy provider, declared it had settled to sell a 16.7 percent stake in regional gas distribution business Scotia Gas Networks Ltd (SGN) to Abu Dhabi Investment Authority for 621 million pounds ($772.21 million).
read more... 17/10/2016
According to Alexei Miller, chairman of Russian state-owned energy giant Gazprom, the construction work on the Turkish Stream project will start in 2018, in accordance with the latest intergovernmental agreement which has been signed on Monday.
read more... 12/10/2016
German Federal Network Agency (BnetzA) cut fees for the country's power and gas grids for five years on Wednesday.
read more... 12/10/2016
Crude oil prices settled down on Tuesday, retiring from one-year highs amid uncertainty how rapidly global oil supply could be reduced in line with demand even if OPEC and Russia agreed to a steep production limitation. On Tuesday, Brent crude lost 73 cents, or 1.4%, to settle at $52.41 a barrel, retreating from a one-year high of $53.73 reached on Monday. US West Texas Intermediate (WTI) crude declined 56 cents, or 1%, to end at $50.79.
read more... 12/10/2016