Latest news
E.ON might vend its 3.5% share in Russian gas giant GAZPROM
E.ON, the largest energy company in Germany, might sell its GAZPROM stake in the near future. The company holds at the moment a 3.5% stake, estimated at more than $4 billion.
read more... 29/06/2010
Statoil will provide Poweo with natural gas
Poweo signed a 20-year deal with Norwegian oil company Statoil to supply the Toul plant, one of its power plants running on gas.
read more... 28/06/2010
Oil prices fell on unexpected inventory increase
Oil prices decreased the second day consecutively on Wednesday after unpredicted increase in US crude and gasoline inventories, reported by an industry report.
read more... 24/06/2010
Russia will cut gas supplies to Belarus by 85 %
Russian gas giant Gazprom declared on June 18 that they are ready to cut the gas supplies to their Belarus partner Beltransgaz if they fail to pay off their debt by June 21st.
read more... 21/06/2010
New natural gas pipeline to connect Turkey, Greece and Italy
The Turkish state owned gas company Botas has signed an agreement to build a new natural gas pipeline connecting Turkey to Greece and Italy.
read more... 21/06/2010