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UK wind power breaks a new record high

Wind powered more than a quarter of British homes in 2014, according to advocacy group RenewableUK, citing statistics from National Grid.

read more... 06/01/2015

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Daily: U.S. crude oil prices plunge at weakest level since April 2009

Front-month Brent crude lingered around $53 a barrel, down about $3, after falling to $52.66, its lowest level since May 2009. U.S crude eased $2.65, or 5 percent, at $50.04 a barrel, its weakest settlement price since April 2009. Crude oil prices declined as fears of an oversupply that agitated the market for the past six months deepened.

read more... 06/01/2015

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Statoil launched its Valemon offshore oil and gas field

Norwegian oil and gas firm Statoil announced that the Valemon gas and condensate field in the North Sea started production on January 3.

read more... 06/01/2015

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UK: BP confirms oil production from Kinnoull field in Central North Sea

UK’s oil major BP unveiled the start of oil production from Kinnoull field in the central North Sea, marking BP’s seventh and final major upstream project start-up in 2014.

read more... 05/01/2015

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UK connects to the grid its largest solar power farm

The largest solar farm in the UK, able to power 14,000 households, has been connected to the national grid in Oxforshire.

read more... 05/01/2015

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