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16.01.2018 17:32Ford Doubles Investments in Electric Cars
Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what’s now just a fraction of the market, Bloomberg reported. The carmaker will16.01.2018 12:23Gazprom to Invest $3.2B in TurkStream for 2018
Russian gas giant Gazprom plans to invest $3.2 billion this year in TurkStream natural gas pipeline project, said the company's deputy chairman, Anadolu Agency reported. Alexander Medvedev, deputy chairman of the management committee, said11.01.2018 12:41The Electricity Market for Household Consumers in Romania Became Fully Liberalised
As of 1 January 2018, the electricity market for household consumers in Romania became fully liberalised and the price for electricity is now freely negotiated between consumers and suppliers, the Energy Management Institute reported, referring to11.01.2018 10:41Russia’s Oil Production Down 300,740 Barrels Per Day
Russia reduced oil production by 300,740 barrels per day in December 2017 as part of the OPEC + deal, Russian Energy Minister Alexander Novak has told reporters, cited by TASS. "Russia fulfilled its obligations to reduce oil production under10.01.2018 16:53U.S. May Get First LNG Import from Russia Despite Sanctions
A vessel that may be carrying liquefied natural gas from Russia’s new Yamal LNG export terminal could be heading to the United States despite sanctions against the company that operates the Russian facility, according to a report by S&P10.01.2018 14:33Russian Expert Examination Authority Approves Construction of World’s First Floating NPP
The Russian state expert examination authority Glavgosexpertiza issued a positive conclusion after review of the construction project for the world’s first floating nuclear power plant (FNPP) to be built in Russia’s northernmost city10.01.2018 08:41Akzo Nobel and Gasunie to Build Europe
Dutch paints and chemicals maker Akzo Nobel and gas network operator Gasunie plan to build Europe’s largest green hydrogen production plant in a bid to cut emissions, the companies said on Tuesday, Reuters reported. The facility, to be built09.01.2018 13:46E.ON to Sell Remaining Uniper Stake to Fortum for €3.76 bln
German energy group E.ON said it would tender its remaining 46.65 percent stake in Uniper to Finland’s Fortum, Reuters reported. The decision confirms a preliminary deal struck in September, when E.ON agreed it could tender the stake at04.01.2018 13:21Big Oil Decreases Exploration Expenses for a Fifth Consecutive Year
Despite the strongest start for oil prices in four years, the world’s top oil companies are hesitating to accelerate the search for new resources as a determination to retain capital discipline trumps the hope of making bonanza discoveries,04.01.2018 10:01Gazprom with Record Increase of Natural Gas Production and Export in 2017
Russia’s gas giant Gazprom boosted production by 12.4% to 472 billion cubic meters (bcm) and exports to Europe by 8.1% to 193.6 bcm in 2017, the company’s CEO Alexei Miller said, cited by TASS. "In 2017, according to operative03.01.2018 18:14Petrobras to pay $2.95 billion to settle U.S. class action over corruption
Brazil’s state-controlled oil company, Petroleo Brasileiro SA (Petrobras), said that it has agreed to pay $2.95 billion to settle a U.S. class action brought by investors who claim they lost money as a result of a corruption scandal, Reuters03.01.2018 12:52China Set to Top Japan as World's Biggest Natural Gas Importer
Beijing’s crackdown on pollution has put China on track to overtake Japan this year as the world’s biggest importer of natural gas, used to replace coal, Reuters reported. China - already the biggest importer of oil and coal
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