Ukraine signed for the first time an agreement with the United States, which will supply the nation with around 700,000 metric tons of coal by the end of this year, in a move to reduce its dependence on Russian energy.
read more... 07/08/2017
Sharara oil field in Lybia, which had a production of 270,000 barrels a day (bpd), is gradually closing after the closure of a control room in the northern city of Zawiya, as stated by an engineer at the field late on Sunday.
read more... 07/08/2017
Oil prices were bullish on Friday as strong summer demand for transport fuel has buoyed benchmark contracts. U.S. gasoline demand rose to a record 9.842 million bpd last week, according to government data published. Brent crude jumped by 0.79% to close at $52.36 a barrel, while WTI price rose by almost 0.9% to close at $49.59 a barrel.
read more... 07/08/2017
The EU-funded international research for the progress of energy storage resources will be led by the Ulster University from Northern Ireland.
read more... 07/08/2017
The NordLink cable work is underway, with the first few kilometers of cable having been laid on the Vollesfjord seafloor in southern Norway.
read more... 04/08/2017