Latest news
OPEC and non-OPEC members to meet on April 17 in Doha despite divergent views
Saudi Arabia has said it will freeze oil output in April regardless of whether or not it can come to an agreement with Iran.
read more... 28/03/2016
Heerema wins contract for Borkum Riffgrund 2
Heerema Marine Contractors has obtained an agreement from Dong Energy to carry and install the offshore substation for the 450MW Borkum Riffgrund 2 wind farm in the German North Sea.
read more... 28/03/2016
EDF final decision on Hinkley Point likely to be taken in May
EDF is likely to announce its final investment decision on the Hinkley Point nuclear power plant in May, as stated by Emmanuel Macron, the French Minister of the Economy, Industry and the Digital Sector.
read more... 28/03/2016
ExxonMobil to buy a 15% stake in Eni’s Mozambique field
U.S. energy giant ExxonMobil is envisaging buying a stake of around 15% in Italian oil major Eni’s giant Area 4 gas field in Mozambique.
read more... 28/03/2016
Daily: Oil prices stay flat as U.S. rig count decline offsets inventories concerns
Crude oil prices were flat on Thursday, cutting losses after a fresh decline in U.S. oil rigs, but analysts and traders stated that there it could occur another selloff in the next week if WTI crude inventories hit record highs again. U.S. crude's front-month contract eased 33 cents to close at $39.46 a barrel, rebounding from a session low of $38.33. For the week, it added two cents, settling up for a sixth consecutive week. Brent's front-month lost 3 cents on the day to trade at $40.44 a barrel, after an earlier decline to $39.22. For the week, it tumbled 76 cents, or nearly 2 percent, its first loss in six weeks.
read more... 25/03/2016