Global crude oil prices posted a slight drop on Thursday, dragged down by pessimistic economic data from China and by an OPEC’S forecast showing a recovery in oil exports from Libya.
read more... 11/04/2014
The production of shale gas in UK might start in four years if the existing crisis in Ukraine expands so much that a state on national emergency is pronounced, as stated by the chief executive of Cuadrilla Resources.
read more... 03/04/2014
Russia’s Rosneft, announced its collaboration with U.S. ExxonMobil in view to initiate production at its first liquefied natural (LNG) plant in 2018-2019, regardless of East-West conflicts over Ukraine.
read more... 02/04/2014
Global engineering giant Siemens has confirmed its plans to invest £160 million in wind turbine production and installation facilities in Yorkshire, England.
read more... 01/04/2014
Gas production in Crimea region could increase by two-fold within the next few years, declared Russia’s Prime Minister Dmitry Medvedev.
read more... 26/03/2014