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Statoil has received approval for North Sea oil and gas fields
Norwegian energy company Statoil has won approval by the authorities for its planned development and operation for the Utgard and Byrding oil and gas fields.
read more... 19/01/2017
Daily (19.01.2017): Crude oil prices down on a stronger dollar and expectations that US producers would raise output
Oil prices decreased on Wednesday to their lowest level in a week, due to a strong dollar and prospects that U.S. producers would increase production, at the same time as OPEC's output was down from a record high. Brent has ended the session at $53.92 per barrel, down $1.55 or 2.79 percent, while U.S. crude settled at $51.08, down $1.40, or 2.67 percent. Before the settlement, both contracts dropped to their lowest level in a week.
read more... 19/01/2017
Statoil has received approval for North Sea oil and gas fields
Norwegian energy company Statoil has won approval by the authorities for its planned development and operation for the Utgard and Byrding oil and gas fields.
read more... 18/01/2017
Serbia: Additional biomass plants to be added to Boljevac pellet facility
The Serbian company Bioenergy Point will build a facility worth 2 million euros and a biomass power plant worth additional 7 million euros in addition to the existent pellet factory in Boljevac.
read more... 18/01/2017
China to limit coal consumption by 2020
According to the energy sector's five-year plan for 2016-2020, released currently by the National Development and Reform Commission and the National Energy Administration, the stake of coal in the country's energy mix should fall below 58 percent. Last year, coal accounted for 64% of primary energy.
read more... 18/01/2017