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Conversion factor puzzle of Gazprom

Reports and contracts of Gazprom have different standards of natural gas heat content. A cubic meter of Russian gas in Ukrainian contract differs from one of Gazprom report making the prices per thousand cubic meters (mcm) incomparable. To compare the prices, one needs to apply correct conversion factors.

Mixed Q3 Results for Service Companies

France-based Technip reported a year-on-year 16.2% increase in revenues in the third quarter of the year, and weaker EBITDA results. The EBITDA margin decreased from 11.6% in the third quarter of 2013 to 10.8% in the third quarter of 2014. The company’s revenues for the third quarter totalled €2.

Oettinger’s Cold Comfort: Projects of Common Interest

Before leaving office, outgoing European Commissioner for Energy Günther Oettinger said that projects that were not awarded European grants for energy infrastructures will be admitted to take part to the next round of applications, adding that the next call for proposals under CEF energy will be...

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