The central banks of India and Iran have apparently decided to use European Banks to clear oil payments to Tehran. They are valued at $6.4 billion (£4.4bn), according to Indian Oil Minister Dharmendra Pradhan.
read more... 09/05/2016
First deliveries of shale gas, extracted via the unconventional fracking process, could enter the British gas market as early as mid-2017, as stated by the manager of shale gas company Cuadrilla Resources on Friday.
read more... 09/05/2016
Mergers and acquisitions (M&A) in the UK solar sector are developing because of a £11 billion investment since 2013, according to a new report which added that the number of transactions tracked in 2015 increased by 14%.
read more... 06/05/2016
The month of April saw wind turbines in Scotland generating 699,684 megawatt hours of electricity to the National Grid, according to new figures provided by energy analysts WeatherEnergy.
read more... 06/05/2016
Egypt will obtain the first of nine settled cargoes of liquefied natural gas (LNG) from Russia's Rosneft this month, as declared by an official at the state gas board EGAS on Thursday.
read more... 06/05/2016