Latest news
Wind energy could surpass coal and gas as Europe's major power source by 2030
Wind energy might become the major source of electricity supply in the EU by 2030 if governments apply the right level of ambition in their climate and energy policies, as mentioned in the EWEA's latest report.
read more... 20/11/2015
Eni vends the remaining stake of 4% in Galp for $348 million
Eni has sold its remaining stake of 4 percent in Portugal's Galp Energia increasing 325 million euros ($348 million), as stated by the Italian oil and gas group on Friday.
read more... 20/11/2015
Egypt obtains a loan of $200 million for gas-fired power plant
A London-based bank is offering $200 million (£130m) for a 1.8GW Combined Cycle Gas Turbine (CCGT) power plant.
read more... 19/11/2015
Lithuania will re-sell LNG internationally
Lithuania's parliament on Tuesday consented amendments which will permit the Baltic state to re-sell liquefied natural gas (LNG) on the international markets, as stated by the energy ministry.
read more... 18/11/2015
Daily: British gas prices evolve differently as strong imports offset weaker domestic production
Crude oil futures lost more than 2 percent on Tuesday, continuing their decline after a one-day pause, as U.S. stockpiles boosted for an eight consecutive week. U.S. WTI futures fell $1.07, or 2.6 percent, to settle at $40.67 a barrel. Brent crude futures eased 99 cents, or 2.2 percent, to close at $43.57 a barrel.
read more... 18/11/2015