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Italy's Edison sells Norway upstream assets to focus on energy transition

The deal, which includes a portfolio of five exploration licences and reserves of 25.9 million barrels of oil equivalent, is expected to close before the end of June

read more... 31/12/2020

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Turkey becomes key player in global wind energy

Turkey’s wind capacity and equipment production has grown to the extent that it now ranks as one of the 10 biggest markets globally.

read more... 31/12/2020

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China's CNOOC leads first LNG group purchasing on Shanghai gas exchange

The 120,000-tonne LNG cargo will arrive in April 2021 via CNOOC's terminals and other approved hubs in Shenzhen and Guangdong, the exchange said. Buyers will have until the end of September to collect their purchases

read more... 31/12/2020

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Daily (30.12.2020): Gas prices surged on Tuesday, boosted by forecasts for lower temperatures

Crude oil prices edged higher on Tuesday, supported by an improved US economic stimulus plan. Despite concerns regarding demand for black gold, Brent oil gained 0.5% at $51.09 a barrel, while WTI crude ended 0.8% higher at $48.00 a barrel.

read more... 30/12/2020

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Wind energy powers more than half of UK electricity for first time

The percentage of wind power in the country's energy mix hit a record 50.67 percent on Saturday, the company said over the weekend, beating the previous record of 50 percent in August.

read more... 30/12/2020

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