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U.S. solar market hit a record - breaking in Q3 2016

The U.S installed more than 4.1GW of new solar photovoltaic capacity in in the third quarter of 2016, a 191% increase on the same period last year, according to GTM Research and the Solar Energy Industries Association.

read more... 15/12/2016

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Engie welcomes first gas delivery at Cygnus field in the North Sea

ENGIE E&P UK (formerly GDF Suez E&P) had started production from the giant Cygnus southern North Sea gas development.

read more... 15/12/2016

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Gazprom and OMV reach a basic agreement on potential asset swap

Russian energy giant Gazprom and Austrian oil and gas group OMV reached a basic agreement on Wednesday to swap a 38.5% stake in OMV's Norwegian unit for a 25% stake in a section of Gazprom's Urengoy gas field.

read more... 15/12/2016

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Daily: Crude oil losses 3% on firmer dollar after Fed’s decision to hike interest rates

Crude oil prices fell more than 3 percent on Wednesday as the dollar strengthened after the U.S. Federal Reserve’s decision to hike interest rates and after an increase in crude stockpiles at the largest U.S. storage hub renewed worries about a supply glut. Brent crude futures ended at $53.90 per barrel, down $1.82, or 3.27 percent after slipping as low as $53.80. U.S. crude closed the session down $1.94, or 3.66 percent at $51.04 per barrel after hitting a low of $50.92.

read more... 15/12/2016

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Eni signs gas supply deal with Algeria’s Sonatrach

Italian energy firm Eni has signed on Tuesday a renegotiated gas supply deal with Algerian Sonatrach for the year 2016/2017.

read more... 14/12/2016

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