Latest news
Oil drops below $70 per barrel
Oil hit its lowest three months’ level below $70 per barrel on Monday, registering a loss of about 17% during last two weeks, due to Europe's debt crisis, the weak euro and increasing U.S. oil stocks.
read more... 17/05/2010
Gazprom: exports to European states up
Russia Federation had massively exported gas to several European countries, through its giant gas company Gazprom, to appease the fears about losing market share to its existing rivals.
read more... 12/05/2010
The oil price decreases bellow $76 per barrel
On Wednesday, the oil price dropped again, this time bellow $76 per barrel, due to the worries concerning the incapacity of the emerging economies to compensate the cuts of the oil consumption during the debt crisis initiated in Europe.
read more... 12/05/2010
RWE Innogy to use offshore wind area on German port
RWE Innogy has concluded an arrangement with Eurogate Container Terminal Bremerhaven on use of sites in the Bremerhaven container port, with the purpose of building its offshore Nordsee Ost wind farm.
read more... 11/05/2010
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