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Ecotricity And Gridserve To Revamp Electric Highway Charging Network
Ecotricity, the company that launched the first nationwide charging network (Electric Highway) in the UK in 2011, and Gridserve, which recently debuted the UK's first 'Electric Forecourt', announced a major new collaboration.
read more... 22/03/2021
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Record gas output from Norway's Oseberg
Oseberg production available for sale of 25.7mn m³/d in January was the highest for any month since gas sales began from the field in September 2000. The field's gas blowdown process has begun, which involves a shift to gas production rather than gas reinjections as it approaches the end of its economic oil-producing life.
read more... 22/03/2021
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UK Private Equity Firm Looks To Buy Stake In Angola's Oil Major Sonangol
UK-based private equity firm is interested in buying a stake in Angola’s state-owned oil company Sonangol, Bloomberg has reported, citing a source from the firm, Gemcorp.
read more... 22/03/2021
Daily (19.03.2021): Oil prices plummeted by 7% on Thursday amid faltering vaccine rollout in Europe
Oil prices plummeted for a fifth day in a row on Thursday due to tighter restrictions in many EU countries, including Italy, France and Poland, as the slowdown in vaccination programs in Europe led to rising Covid-19 cases. Hence, Brent crude dropped by $4.72, or 6.9%, to settle at $63.28 a barrel, while U.S. WTI crude fell $4.60, or 7.1%, to settle at $60.00 a barrel. Both contracts tumbled by more than 11% since their recent highs hit on March 8.
read more... 19/03/2021
EU halts sanctions for more Turkish oil firm officials
On the eve of talks with Turkey’s president and a key EU summit, the bloc is holding back on sanctions on more Turkish oil company officials, according to media reports.
read more... 19/03/2021