The majority of new gas supply infrastructures scheduled for Europe is not necessary, according to a report which mentioned the EU can save €11.4 billion (£8.9bn) by circumventing needless expansion of gas infrastructures.
read more... 07/03/2016
The EU Commission has consented a gas pipeline project via the Adriatic Sea.
read more... 07/03/2016
Crude oil prices settled up 4 percent as optimistic U.S. jobs figures and technical factors spurred buying that resuscitated this week’s hike after a one-day pause. Brent futures, the global benchmark for crude, rose $1.65, or 4.5 percent, to close at $38.72 a barrel. U.S. crude's West Texas Intermediate (WTI) futures boosted $1.35, or 3.9 percent, to settle at $35.92.
read more... 07/03/2016
Russian gas giant Gazprom has lent 2 billion euros ($2.2 billion) from Bank of China's London arm, the company's largest loan agreement from a single credit institution.
read more... 04/03/2016
Croatia could initially opt for the construction of a floating instead of land-based liquefied natural gas (LNG) terminal in the northern Adriatic to make it operational more rapidly, as stated by the government on Wednesday.
read more... 03/03/2016