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News
2019, March, 27, 11:25:00

QATAR, UAE NUCLEAR

Qatar called on the International Atomic Energy Agency (IAEA) to intervene in a dispute over a $24 billion nuclear power plant which the United Arab Emirates (UAE) is building.

News
2019, March, 27, 11:20:00

ENEL ACQUIRED RENEWABLE $900 MLN

Enel acquired 650 MW of renewable capacity from its U.S. joint venture EGPNA REP

News
2019, March, 25, 11:40:00

OIL PRICE: BELOW $67

Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC’s production cutbacks and from U.S. sanctions on Iran and Venezuela.

News
2019, March, 25, 11:35:00

OPEC SUPPORTS STABILITY

The JMMC reiterated the critical role that the “Declaration of Cooperation” has played in supporting oil market stability since December 2016 and took note of the expressed commitment of all participating countries to ensure that such stability continues on a sustainable basis, as overall conformity reached almost 90% for the month of February 2019, which is up from 83% in the month of January.

News
2019, March, 25, 11:35:00

POWER OF SIBERIA STARTUP

The Power of Siberia natural gas pipeline from Russia to China is on track and gas supply is expected to commence by December this year, a senior executive at state-run PetroChina, China's biggest gas importer and producer, said

News
2019, March, 25, 11:27:00

MORE RUSSIA'S GAS FOR HUNGARY

In 2018, Hungary increased its gas imports from Gazprom by 9.3 per cent, up to 7.6 billion cubic meters. Gazprom’s gas supplies to Hungary continued to grow in early 2019. According to preliminary data, Gazprom supplied the country with 1.3 billion cubic meters of gas between January 1 and March 20, which is 12.1 per cent more than in the same period last year.

News
2019, March, 25, 11:25:00

RUSSIAN GAS FOR UKRAINE

Gazprom is ready to continue the contract for gas transit to European countries with Ukraine, Chief Executive Officer of the Russian gas holding Alexei Miller said on Friday at a meeting of the Russian Prime Minister with Ukrainian politicians.

News
2019, March, 25, 11:20:00

GERMANY'S INDEPENDENCE UP

The parallel construction of the Nord Stream 2 natural gas pipeline and a sea terminal for liquefied natural gas (LNG) will reduce Germany’s dependence on individual countries for gas, economy and energy minister Peter Altmaier said

News
2019, March, 25, 11:15:00

BULGARIA'S GROWTH 3.3%

The Bulgarian economy continues to grow strongly, supported by buoyant domestic demand. Growth exceeded 3 percent in 2018 and is projected to maintain its momentum in 2019.

News
2019, March, 25, 11:10:00

TANZANIA'S LNG $30 BLN

Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said.

News
2019, March, 25, 11:05:00

UAE GOVERNMENT'S SURPLUS DH67.5 BLN

The UAE government’s surplus posted Dh67.5 billion in 2018, according to the latest figures released by the Ministry of Finance.

News
2019, March, 25, 11:00:00

UAE, CHINA TRADE UP 17%

Prospects for two-way trade between the UAE and China remain bright despite a cloud of gloomy global economic sentiment cast by Washington’s trade war with Beijing, according to HSBC UAE CEO Abdul Fattah Sharaf.

News
2019, March, 25, 10:55:00

ADNOC, OMV AGREEMENT

Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan and Chancellor of Austria Sebastian Kurz attended the signing ceremony of Memorandum of Understanding (MoU) between Abu Dhabi National Oil Company (ADNOC) and OMV and Borealis to explore new opportunities for collaboration in the downstream sector.

News
2019, March, 25, 10:50:00

ITALY'S RENEWABLE INVESTMENT $7.1 BLN

Italy’s Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.

News
2019, March, 25, 10:45:00

NUCLEAR WITH RUSSIA

South Africa's former president Jacob Zuma has defended his lobby for a proposed R1tn nuclear energy deal with Russia, saying it would have solved the country’s electricity crisis.

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