Latest news
Statoil to defer commencement date for North Sea Mariner Project to 2018 as oil price slumps
Statoil, the Norwegian oil giant, has delayed the start date for the largest project in the UK North Sea for more than a decade, as the region is harshly affected by a plunge in crude oil prices since summer of 2014 and forced the world’s biggest companies to sharp spending cuts.
read more... 28/10/2015
Daily: Crude oil plunges for a third straight session to hit multi-weeks low on lingering oversupply
Crude oil prices plunged for a third consecutive session to hit multi-week lows on Tuesday on lingering global supply glut ahead of data expected to indicate another build in U.S. crude stockpiles. Brent crude for December delivery shed 73 cents to settle at $46.81 a barrel. The settlement and the $46.41 session low were the weakest level since September 15. WTI crude for December slipped 78 cents to close at $43.20, the lowest settlement since August 27.
read more... 28/10/2015
Gazprom gas exports to Europe at the highest rate in October
The Russian energy giant Gazprom increased its gas exports to European countries by around 41% over the first 26 days of October compared with the same period last year, Alexei Miller, the head of Russia's top natural gas producer Gazprom said on Tuesday.
read more... 28/10/2015
TenneT contracted a conglomerate for an environmental impact assessment of the Dutch grid
TenneT has contracted a conglomerate composed of engineering consultancy Witteveen & Bos and Mott MacDonald to offer an environmental impact evaluation (EIA) for the grid connection itinerary for the Dutch South Coast offshore wind farm area.
read more... 27/10/2015
Singapore is leading the way to becoming South-east Asia's LNG energy hub
Singapore aims to launch a domestic liquefied natural gas (LNG) trading market amid rising LNG supply and demand within Asia.
read more... 27/10/2015