Latest news
Over 200 North Sea energy rigs to be decommissioned by 2025
According to Oil & Gas UK and Decom North Sea, more than 200 oil and gas rigs as well as 2,500 wells across the basin are planned to be closed by 2025 year.
read more... 30/11/2017
Daily (13.11.2017): UK day-ahead gas contract settled 2.7% up on Friday, due to expectations of colder weather
Crude prices fell slightly on Friday as anticipations that OPEC and other producers will extend their output reduction agreement were offset by U.S. drillers adding the most oil rigs in a week since June, indicating output will continue to increase.
read more... 13/11/2017
Daily (06.11.2017): Oil crude prices hit the highest levels since July 2015 amid tightening markets
Oil prices jumped on Friday, reinforcing after U.S. rig data suggested drilling in the United States would diminish.
read more... 06/11/2017
CEZ holds out for a better price in the sale of Bulgarian assets
Czech utility CEZ plans to sell its Bulgarian assets, for which 5 bidders were shortlisted. The company should settle on a transaction by the end of the year, or in case it cannot obtain the right price, it might scrap it, as told by a board member to Reuters. The names of the bidders were not disclosed, but it is said that the firms had experience in the Balkans, as announced by Tomas Pleskac.
read more... 28/09/2017
Daily (18.09.2017): British gas contracts dipped on Friday due to weaker energy complex
Oil prices were firm on Monday and stayed close to multi-month peaks hit late last week as the number of U.S. rigs drilling for new output fell and due to the restart of the refineries after Hurricane Harvey.
read more... 18/09/2017