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Cuadrilla completes drilling of second horizontal shale gas well in UK

This second horizontal well, drilled through the Upper Bowland shale at an approximate depth of 2,100m below the surface, extends laterally for some 750 metres through the shale gas reservoir.

read more... 18/07/2018

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Vitol, Low Carbon target offshore

Vitol has committed the €200m and the partners said the fund may also offer opportunities for third-party investors in the future.

read more... 18/07/2018

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Daily (17.07.2018): Brent crude price slumped by more than 4% on Monday, as Libyan ports relaunched

Oil prices plummeted on Monday, as ports in Libya resumed their activity and traders count on a boost in supply from Russia and other producers. Brent crude tumbled by 4.6% to $71.84 a barrel, its lowest level since the middle of April. Meanwhile, WTI crude slumped by 4.2% to end at $68.06 a barrel.

read more... 17/07/2018

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Ireland becomes world’s first nation to divest from fossil fuels

Ireland has voted to become the first country in the world to divest from fossil fuels.

read more... 17/07/2018

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Gazprom to commence development of Kharasaveyskoye field in 2019

Russian firm Gazprom is planning to commence the full-scale development of the Kharasaveyskoye field located north of Bovanenkovskoye in the Yamal Peninsula, in 2019.

read more... 17/07/2018

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