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OPEC may further cut production beyond June
Oil-producing nations are moving closer toward ending a global glut and re-balancing the crude market, and OPEC will decide next…
Turkey’s nuclear planns: Sinop study ready by year-end
Turkey plans in the near-future six nuclear reactors, but Sinop is closest. Technical feasibility studies that determine the site suitability…
Anamaria Acristini will be the new executive director for strategy at Electrica SA
Anamaria Acristini is the new Strategy Executive Director of Electrica SA, starting with May 1st, 2017, for a period of…
The global oil market in 2017: contango or backwardation? (analysis by Radu Dudău)
Radu Dudău, EPG Director More than four months after the November 30, 2016 deal between OPEC and eleven non-OPEC producers to…
Georgia is giving up on Gazprom, in favour of Azer natural gas
In the latest episode in one of the region’s longest-running geopolitical soap operas, Georgian Energy Minister Kakha Kaladze on April…
Financiers pour billions into U.S. shale
Investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big…
Investors eye midstream sector as production ramps up
Investors are placing bets that demand for U.S. energy pipelines, storage and processing facilities will outstrip supply in the next…
China solar, wind to attract $780 billion investment by 2030 – research report
China’s wind and solar sectors could attract as much as 5.4 trillion yuan ($782 billion) in investment between 2016 and…
Electrica Serv expects a 25% net profit decline in 2017, prepares more lay-offs
Electrica Serv, the maintenance and energy services subsidiary of Electrica, continues its restructuring in order to streamline the company’s business…
British PM Theresa May is set to announce a cap on soaring bills
Theresa May is set to announce a cap on rip-off energy bills within weeks – as EDF’s tariffs soar for…
Effects of January turmoil: Small suppliers lose consumers’ trust and contracts
Consumers have lost confidence in the independent electricity suppliers, which are losing ground in favor of the already established big…
