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Aberdeen-firm signs £28m deal to decommission 18 wells for Shell

An Aberdeen-based oil and gas firm has announced it has signed a £28 million contract with Shell for the decommissioning of 18 UK wells.

read more... 22/05/2018

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World's 1st floating nuke plant in situ for fuel loading

The world's first floating nuclear power plant (FNPP), Akademik Lomonosov, arrived in Murmansk in the northwest of Russia for fuel loading, according to Russia's State Atomic Energy Corporation Rosatom on Saturday.

read more... 22/05/2018

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Daily (21.05.2018): NBP spot gas price fell by 2.9% on Friday due to warmer weather forecasts

Oil prices fell on Friday as Saudi Arabia made assurances on supply. Brent crude dropped 0.79 cents, or 1%, to close at $78.51 a barrel. WTI futures edged $0.21, or 0.3% down at $71.28 a barrel.

read more... 21/05/2018

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EU and Iran agreed to create work group on oil trade

The European Union and Iran have agreed to create a joint work group which will be working on oil trade issues, said Miguel Arias Cañete, EU commissioner for energy.

read more... 21/05/2018

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Sweden starts building giant onshore wind farm

Government-owned Swedish power company Vattenfall has started building one of the country’s largest onshore wind farms.

read more... 21/05/2018

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