Latest news
French oil company Total to acquire battery manufacturer Saft
French oil firm Total intends to acquire battery maker Saft, extending its push into new energy technologies, as stated by the companies.
read more... 10/05/2016
Natural gas deal: Turkey-Israel poised to warm their relations
Israel and Turkey are on the verge to sign an energy deal, according to media sources.
read more... 10/05/2016
UK: Energy efficient measures will reduce by 73% by 2020
The yearly number of energy efficiency measures installed in UK households will reduce to 1.6 million in 2020.
read more... 10/05/2016
Daily: Crude oil loses ground as focus turns from Canada deflagration to U.S. stockpiles rally
Crude oil prices declined on Monday on expectations that U.S. crude stockpiles would rally again to record highs, neglecting declining oil production in Canada after raging wildfires. Brent settled almost 4 percent lower, with U.S. crude falling almost 3 percent. WTI's front-month contract, June, lost $1.22, or 2.8 percent, to settle at $43.44 a barrel. Brent's front-month contract for July delivery eased $1.74, or 3.8 percent, to close at $43.63.
read more... 10/05/2016
Daily: Oil price increases on Canadian wildfire outages, markets observe Saudi restructuring
Oil prices rose on Monday since a huge wildfire in Canada's oil sand region blown away over a million barrels in daily production capacity, contributing to a major tightening of markets over the past weeks. The lost capacity equals to approximately a third of the country's usual daily production.
read more... 09/05/2016