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Iran Boosts Oil Output At Oilfields Shared With Iraq

Iran has raised oil production from the oilfields in its southwest it shares with Iraq to 400,000 barrels per day (bpd) from 70,000 bpd in the past seven years, Shafaq News quoted Iranian Oil Minister Bijan Zangeneh as saying on Tuesday.

read more... 16/09/2020

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Daily (15.09.2020): European carbon prices rallied at their highest levels in a fortnight amid emergence of the European Commission’s 2030 plan

Crude oil futures traded in a narrow range to end slightly lower on Monday as the global demand outlook remains uncertain and Libya announced a possible output resumption. However, a storm which halted the crude production in the U.S. Gulf of Mexico region tempered losses. Hence, Brent crude slipped by 22 cents, or 0.6%, to settle at $39.61 a barrel, while U.S. WTI crude futures were down 7 cents, or 0.2%, to end at $37.26 a barrel.

read more... 15/09/2020

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Hitachi Plans to Exit U.K. Nuclear Power Project

Hitachi Plans to Exit U.K. Nuclear Power Project

read more... 15/09/2020

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UK Government sinks plan for new coal mine in England

The Government of UK has refused to allow an open cast coal mine being developed in northeastern England.

read more... 15/09/2020

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Middle East to become major LNG supplier as global fossil fuel demand wanes

Coronavirus pandemic and climate policies will leave a lasting effect on global energy demand, says annual report.

read more... 15/09/2020

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