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WeatherEnergy: April gives Scotland’s wind power a major boost
The month of April saw wind turbines in Scotland generating 699,684 megawatt hours of electricity to the National Grid, according to new figures provided by energy analysts WeatherEnergy.
read more... 06/05/2016
Egypt will obtain first LNG shipment from Rosneft in May
Egypt will obtain the first of nine settled cargoes of liquefied natural gas (LNG) from Russia's Rosneft this month, as declared by an official at the state gas board EGAS on Thursday.
read more... 06/05/2016
Daily: Crude oil prices surge after Canada’s blaze curbed production
Crude oil prices rallied on Thursday after a violent wildfire near Canada’s oil sands region slashed output to the United States. Crude oil futures rose 5 percent before paring gains. Their decrease came as the dollar increased 0.6 percent, its most in three weeks. Brent futures advanced 39 cents, or 0.9 percent, to close at $45.01 a barrel. U.S. crude's West Texas Intermediate (WTI) futures boosted 54 cents, or 1.2 percent, to close at $44.32.
read more... 06/05/2016
Russia: Gazprom will settle on dividend payout by May 19
Russia's gas major company Gazprom will decide on the size of its dividend payout by May 19, as stated by a source on Wednesday.
read more... 05/05/2016
Shell cuts its 2016 spending as it grapples with low oil prices
Energy giant Royal Dutch Shell said it will cut its 2016 spending by another 10%, as lower oil prices continue to hit its business.
read more... 05/05/2016