Latest news
BASF finalizes asset switch with Gazprom
BASF has exchanged assets with Gazprom which will give the German firm access to Western Siberia projects while the Russian company will obtain gas storage facility in Europe.
read more... 02/10/2015
Daily: Crude oil prices decline as U.S. hurricane concerns wipe out
Crude oil prices declined more than 1 percent on Thursday as worries about U.S. hurricane faded, reducing an early hike that was intensified by concerns of storm damage to U.S. East Coast oil installations. Brent, the global benchmark for crude, declined 68 cents, or 1.4 percent, to trade at $47.69 a barrel, after hitting a one-week high at $49.84. The WTI lost 35 cents, or 0.8 percent, to settle at $44.74, it rose more than $2 or 4 percent at its session peak.
read more... 02/10/2015
Russia postpones Arctic drilling plan for up to three years
The Russian Government has made known about its plan to defer its drilling operations on the Arctic Shelf for about three years.
read more... 02/10/2015
EEW obtains order for Belwind 2 offshore wind farm
German manufacturer EEW has obtained an order from Belgium developer Nobelwind to produce 51 monopiles at the Belwind 2 offshore wind farm in the North Sea.
read more... 02/10/2015
First Utility enters Germany market - branded as Shell
First Utility and Royal Dutch Shell will create a new venture in Germany vending gas and electricity to households under Shell’s branding.
read more... 01/10/2015