Italian energy giant Eni inked two concession agreements for the North Leil and Karawan blocks offshore Egypt, as a result of the EGAS 2013 bid round.
read more... 16/01/2015
Crude oil prices dropped on Thursday dragged down by an erratic dollar and OPEC’s forecasts for a weakening demand to 28.78 million barrels per day in 2015, down 140,000 bpd from its previous expectation.
read more... 16/01/2015
The British oil conglomerate BP has warned it is to cut 200 jobs and 100 contractor roles in the North Sea following a review of its operations.
read more... 16/01/2015
Offshore wind capacity in Germany more than doubled in 2014, surpassing the 1GW mark.
read more... 16/01/2015
Yingli Green Energy Holding Company Limited, one of largest solar panels manufacturers in the world, unveiled it has connected to the grid a 10 MW solar power plant in China's Hebei province.
read more... 15/01/2015