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Total: plans to drill shale test well in Denmark postponed
Total has postponed by several months its plans to drill Denmark's first test wells for shale gas, as stated by the French oil major on Monday.
read more... 03/02/2015
Daily: British prompt natural gas prices soar on short supply, cold weather
Crude oil prices soared again on Monday, as some investors bet that a bottom had created to the seven-month long strip on the market even as others remained pessimistic. Benchmark Brent and U.S. oil futures oscillated in a range of about $4 a barrel, one of their largest in weeks, as near-term technical signals showed further gains, while fundamental figures continued to pose an impact on the market. Brent rose by $1.76, or 3.3 percent, to settle at $54.75 a barrel, fluctuating between a session peak of $55.62 and a low of $51.41. WTI crude increased $1.33, or 2.8 percent, to close at $49.36 a barrel, oscillating between $50.56 and $46.67.
read more... 03/02/2015
Daily: Oil prices start to surge on a record decline in U.S. oil drilling
Crude oil prices rebounded from six-year lows on Friday, rallying more than 8 percent, supported by a record weekly decline in U.S. oil drilling. The hike may raise speculation that a seven-month price plunge is over. Brent crude increased by 3.86 to settle at $52.99 a barrel, after shooting up to as high as $53.08, the highest level in more than three weeks. U.S. oil futures rose by $3.71 to close at $48.24, rebounding by nearly $3 in a final hour.
read more... 02/02/2015
Areva inks nuclear transport agreement with China’s CNNC
French nuclear firm Areva inked an agreement with Chinese utility China National Nuclear Corporation (CNNC) to form a joint-venture in the field of nuclear transportation and logistics, as stated by the company on Friday.
read more... 02/02/2015
Germany: Siemens launches first most important direct current electricity link
Germany's Siemens declared on Friday it has transmitted network links for 800 megawatts (MW) of offshore wind capacity to grid firm TenneT, the first important use of direct current transmission in the country.
read more... 02/02/2015