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U.K. Said to Be Open to Talks on RWE Sale to Billionaire

U.K. Said to Be Open to Talks on RWE Sale to Billionaire

Τρι, 30 Δεκεμβρίου 2014 - 18:37

The U.K. is open to talks on RWE AG (RWE)’s plan to sell its Dea unit to a group led by Russian billionaire Mikhail Fridman, but still concerned it would leave British gas fields at risk from future sanctions against Russia, a person familiar with the matter said

Gazprom Becomes 100% Owner of Scrapped South Stream

Gazprom Becomes 100% Owner of Scrapped South Stream

Τρι, 30 Δεκεμβρίου 2014 - 18:35

Russian gas monopoly Gazprom said on December 29 that it has bought out the shares of South Stream Transport BV, a company that was in charge of the construction of the offshore section of the cancelled natural gas pipeline

TANAP Awards Construction Contracts

TANAP Awards Construction Contracts

Δευ, 29 Δεκεμβρίου 2014 - 17:33

The consortium for the Trans-Anatolian gas pipeline (TANAP) for delivery natural gas from Shah Deniz-2 development in Azerbaijan to Turkey and Europe has picked three contractors for the approximately 1800 km pipeline ‘s construction.

Fear in the Eurozone on News of Greek Election

Fear in the Eurozone on News of Greek Election

Δευ, 29 Δεκεμβρίου 2014 - 17:21

Stock market tumbled 11.3 % on news of the future Greek election, which will be held Jan. 25 and was triggered by parliament's failure to elect a new president. European markets also fell, with theEuroStoxxindex down 0.9 %.

Warplanes Strike Misurata as Libya Conflict Escalates

Warplanes Strike Misurata as Libya Conflict Escalates

Δευ, 29 Δεκεμβρίου 2014 - 16:59

Warplanes attacked Libya's third-largest city of Misurata on Sunday, the first time the industrial port of 300,000 has been struck in an expanding seven-month civil conflict that has already set on fire the country's largest oil terminal.

Saudi Arabia Sees End of $100 Oil

Saudi Arabia Sees End of $100 Oil

Τετ, 24 Δεκεμβρίου 2014 - 18:48

OPEC kingpin Saudi Arabia said the Organization of Petroleum Exporting Countries wouldn’t budge on its decision not cut production, even if oil hits $20 a barrel. It also said the world may never see $100 a barrel ever again

Supporting Greece to Exit the Crisis

Supporting Greece to Exit the Crisis

Τρι, 23 Δεκεμβρίου 2014 - 18:15

18 new EU investment Programmes for Greece and each of its regions have been given the green light on 22 December by the European Commission

Greek Lawmakers Fail to Elect President in Round 2

Greek Lawmakers Fail to Elect President in Round 2

Τρι, 23 Δεκεμβρίου 2014 - 18:09

Greek lawmakers have failed to elect the country's new president in a second round of voting, leaving the government with a final attempt next week to break an impasse that could force early elections

South Stream Dead - Putin Pushes Turkish Stream

South Stream Dead - Putin Pushes Turkish Stream

Τρι, 23 Δεκεμβρίου 2014 - 18:01

Russian gas monopoly Gazprom said a gas pipeline dubbed Turkish Stream will be built instead of the long-planned South Stream natural gas pipeline for Europe

The South Stream Debacle: Russia Does Not Expect Financial Claims

The South Stream Debacle: Russia Does Not Expect Financial Claims

Δευ, 22 Δεκεμβρίου 2014 - 16:47

Russiais discussing legal issues with some of its partners over the scrapped South Stream gas pipeline project but financial claims are not expected, Russian Energy Minister Alexander Novak told Kommersant newspaper on Monday