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Daily (01.12.2017): Oil prices rose on Thursday following OPEC decision to extend output cuts

Oil prices rose slightly on Friday after OPEC and other major producers decided to extend output reductions in a widely expected move aimed at ending a persistent glut in global supplies.

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(30.11.2017): Weekly Energy Market Review at a Glance

Here's a quick snapshot of the main energy indicators in the last 7 days.

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New collaboration in renewable energy forecasting

Envision Energy has united forces with the UK’s Met Office, the European Centre for Medium Range Weather Forecasts (ECMWF) and Aarhus University in establishing a new partnership to advance research in renewable energy forecasting. Parties pledge to work on the new methods and technologies for the fulfillment of the project.

read more... 30/11/2017

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Atomenergomash and General Electric JV inks Akkuyu agreement

GE Steam Power Systems signed an agreement to offer the main equipment of the conventional island directed to the four nuclear turbines of the Akkuyu nuclear power plant in Büyükeceli, Turkey. The contract was offered to AAEM Turbine technology LLC, the Saint Petersburg, the joint company headquartered in Russia between Atomenergomash JSC (AEM) and General Electric (GE).

read more... 30/11/2017

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Over 200 North Sea energy rigs to be decommissioned by 2025

According to Oil & Gas UK and Decom North Sea, more than 200 oil and gas rigs as well as 2,500 wells across the basin are planned to be closed by 2025 year.

read more... 30/11/2017

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