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Areva orders external evaluation of Creusot Forge unit

French state-owned nuclear conglomerate Areva declared it has ordered an external evaluation of its Creusot Forge division to find the origins of possible flaws in its practices and quality control.

read more... 22/04/2015

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Daily: Crude oil prices settle down as military campaign in Yemen ends

Crude oil prices declined on Tuesday after Saudi Arabia unveiled the end of its military campaign in Yemen, lessening turmoil in the Middle East and traders predicted another build in U.S. crude inventories. UK North Sea Brent crude slipped $1.37, or 2.1 percent, to settle at $62.08. U.S. crude front-month May contract which expired at the close of Tuesday's session, dropped $1.12, or 2 percent, to close at $55.26 a barrel. WTI crude for June delivery eased $1.27 at $56.61.

read more... 22/04/2015

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Daily: Oil prices drop since U.S. stockpiles seen increasing

Oil prices dropped on Tuesday on expectations of another increase in U.S. stockpiles and since Saudi Arabia maintains production near record highs, but prices stayed close to a 2015 peak attained last week.

read more... 21/04/2015

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Poland: PGNiG extracted 1.19 bcm of gas in first quarter

Polish gas conglomerate PGNiG extracted 1.19 billion cubic metres (bcm) of natural gas in the first quarter of 2015 compared to 1.18 bcm in the same quarter a year ago, as stated by the group on Monday.

read more... 21/04/2015

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Bulgaria launches tenders for offshore gas and oil exploration

Bulgaria, ready to diminish its almost total reliance on Russian gas, has opened two tenders for deepwater gas and oil exploration off its Black Sea coastline, as stated by the energy ministry on Monday.

read more... 21/04/2015

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