Latest news
Statoil will invest in a new renewable project in Scotland
Statoil has recently announced that it intends to invest about 236 million dollars in a new renewable project in Scotland. They talk about building the first floating wind farm off the Scottish coast, near Buchan Deep. The project will consist of five floating 6MW turbines totaling 30MW, which should be enough to power 20,000 homes.
read more... 04/11/2015
Shell vends two gas assets in France and China
Royal Dutch Shell made known about the selling of two assets from its portfolio.
read more... 04/11/2015
Daily: Crude oil prices rebound by 4% on production disruption concerns in Brazil, Libya
Crude oil prices rebounded by about 4 percent on Tuesday as a hike in U.S. gasoline and diesel after a disruption on a key pipeline system added further support to oil markets already buoyed by an industry strike in Brazil and force majeure for Libyan crude loadings. Brent crude edged $1.75 higher, or 3.6 percent, to settle at $50.54 a barrel, after hitting a peak of $50.91 during the session. U.S. crude boosted $1.76, or 3.8 percent, to close at $47.90. The session's peak was $48.36.
read more... 04/11/2015
Poland will obtain PLN 2 billion to develop energy sector
Poland has obtained a loan estimated at approximately PLN 2 billion (£0.32bn) to develop the country’s energy sector.
read more... 04/11/2015
New record for Russia in terms of oil output
Russia has set a new post-Soviet record in terms of oil production reaching something like 10.7 million barrels per day in October, or more than 530 million tons. Meanwhile, Saudi Arabia’s oil production arrived at 10.1 million barrels per day in the same period.
read more... 03/11/2015