Latest news
The Leviathan field to start producing gas in 2019
US-based Noble Energy has unveiled plans to advance the development of the Leviathan natural gas field located in the eastern Mediterranean Sea area off the coast of Israel to start production by the end of 2019.
read more... 15/02/2017
Toshiba to quit its leading role in UK’S Moorside nuclear station
The UK’s plan to build Europe’s largest nuclear power plant could be scrapped after Japan's Toshiba Corp, which is developing the project with France's Engie, admitted it would have to take billions of pounds' worth of write-downs in its nuclear business and said it would scale back its overseas ambitions.
read more... 15/02/2017
Daily (15.02.2017): German spot power prices up 10% on weak wind output
Crude oil prices rebounded on Tuesday, spurred by an OPEC-led effort to slash prices. However, this effort was undermined by rising production in the United States, which kept prices within the narrow range.
read more... 15/02/2017
Eni achieves the sale of 10% in Zohr gas Field, offshore Egypt
The Italian energy major Eni has inked a deal in Cairo on February 13 to complete the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt, which includes the supergiant Zohr gas field.
read more... 14/02/2017
EIA: US shale oil production to soar by 80,000 barrels a day in March
The EIA forecasts U.S. shale oil production to rise in March at the highest pace since May last year, given that energy companies are increasing their drilling activities, taking advantage from crude prices hovering over $50 a barrel.
read more... 14/02/2017