Oil prices closed a bit lower on Tuesday as stocks fell and industry group data showed an unpredicted rise in crude inventories. Brent crude settled almost constant at $70.11 a barrel, meanwhile WTI futures edged 0.5% lower at $65.25 a barrel.
read more... 28/03/2018
Total and ExxonMobil will drill the first deepwater well in a block offered at a Mexican hydrocarbon auction held in October.
read more... 26/03/2018
The global energy demand increased by 2.1% last year, leading to a hike in carbon emissions for the first time since 2014, according to IEA. The statistics show that CO2 level jumped more than twice compared to 2016.
read more... 23/03/2018
Origen Power aims to develop a new technology, called Greenhouse Gas Removal, capable to eliminate carbon dioxide emissions during power generation.
read more... 21/03/2018
Oil prices declined on Wednesday as financial markets slipped amid reduced worries that Washington's plans for import tariffs could spur a trade war, and after U.S. government data showed a hike in crude inventories and production.
read more... 08/03/2018