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Lukoil may sign agreement on new offshore block in Kazakhstan

Russian energy company Lukoil will be ready to sign an agreement with Kazakhstan on a new offshore project in the Caspian Sea this May, CEO of the Russian oil producer Vagit Alekperov told Tass.

read more... 21/03/2019

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Audax Renovables, Trina ink PPAs for 300 MW of Spanish solar

Spain’s Audax Renovables on Tuesday unveiled a contract to buy the output of up to 300 MWp of solar parks that Chinese giant Trina Solar Ltd will build in Spain.

read more... 21/03/2019

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Aker BP makes oil and gas discovery near North Sea’s Bøyla field

The oil and gas discovery by Aker BP was made through the drilling of wildcat well 24/9-14 S and a horizontal appraisal well, called 24/9-14 A, in the Froskelår Main prospect located the Alvheim area.

read more... 21/03/2019

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Daily (20.03.2019): EU carbon prices fell by more than 3% on Tuesday, due to a bearish energy complex and continued Brexit uncertainty

Crude prices diverged slightly on Tuesday. On one side, prices were supported by OPEC-led supply cuts OPEC. On the other side, rising U.S. output put pressure on the market. Brent crude edged 0.1% higher at $67.61 a barrel, while WTI crude traded 0.1% lower at $59.03 a barrel.

read more... 20/03/2019

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UK offshore oil and gas production up by a fifth over past five years

UK offshore oil and gas production has increased by a fifth over the past five years, following 14 years of decline.

read more... 20/03/2019

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