Latest news
Russia, Saudi Arabia Vow Continued Coordination In Oil Policy
Saudi Arabia and Russia would like to continue their coordination to support oil market stability, the leaders of the two most influential members of the OPEC+ production pact said during a telephone conversation this week.
read more... 18/02/2021
Oil Major Total Sees 10 Million Bpd Supply Gap In 2025
France's supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between now and 2025, due to continued underinvestment in the industry, the OPEC+ pact, and cracks in the U.S. shale business model.
read more... 11/02/2021
Iberdrola secures 243 MW of solar in Spanish renewables tender
Spanish power utility Iberdrola SA (BME:IBE) said it has won a total of 243 MW of solar photovoltaic (PV) capacity in Spain’s latest renewable energy auction.
read more... 29/01/2021
Oil discovery in Egypt’s Western Desert
Independent producer Apex said the well in Cretaceous sandstones can produce 2,000 barrels a day
read more... 19/01/2021
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