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Total prepares drills in Cyprus, Egypt in regional growth push
France's Total is preparing to drill for gas off Cyprus, near ENI's major Zohr finding off the Egyptian coast which in 2015 renewed interest among oil most important companies for exploration in the Mediterranean.
read more... 20/01/2017
Germany connected to the grid 818MW in new offshore wind power in 2016
Last year, Germany connected to the grid 818MW of new offshore wind, bringing the total to 4.1GW, according to data offered by Deutsche WindGuard.
read more... 19/01/2017
Bulgaria, Serbia to Ink a MoU on the construction of a Gas Interconnector
Bulgaria and Serbia's Energy Ministers are to sign a Memorandum of Understanding on the construction of a gas interconnector between the two countries. The construction should start no later than in May 2019 this way it could be operational by the end of 2020.
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... 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