Latest news
UK government awards 41 new licences for hydrocarbons in the North Sea
The British government decided on Monday to award 41 licences to drill for oil and gas in the North Sea, with oil majors Shell and ENI among the successful bidders.
read more... 28/07/2015
France wants to extend renewable energy tax
The French government is thinking about a reform of the tax levied on electricity bills to back green energy that would see it extended to natural gas and road fuels, as stated by a source close to the matter on Sunday.
read more... 28/07/2015
Daily: European prompt power prices diverge, with German down, French up
Crude oil futures touched four-month lows on Monday after a sharp decline in China’s stock markets which intensified worries about the economic health of the largest energy consumer in the world, while data showed a growing crude glut. Brent crude oil slipped $1.15, or 2 percent, to close at $53.47 a barrel. U.S. crude dropped 75 cents, or 1.6 percent, to settle at $47.39.
read more... 28/07/2015
Brazil approves $70 billion BG-Shell fusion
BG Group Plc on Friday confirmed that it has obtained final unconditional approval from Brazilian competition authority CADE for its purchase by bigger competitor Royal Dutch Shell.
read more... 27/07/2015
General Electric to supply advanced technology for TANAP project
US based General Electric's oil and gas unit has won contract to provide advanced turbomachinery for the first phase of the Trans-Anatolian Natural Gas Pipeline (TANAP) project, which is being constructed for gas transportation from Azerbaijan to Europe.
read more... 27/07/2015