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Bulgaria requires renewable energy producers to split output
Bulgaria's electricity grid operator required all green energy producers to halve their output on Monday in an effort to balance production and consumption in the Balkan country, according to the state-owned company.
read more... 26/05/2015
Total, Novatek launch gas production at Siberian project
French oil leading company Total has launched gas and condensate production at its Termokarstovoye field in northern Siberia, the first of a sequence of projects with Russia's Novatek to come to completion, according to the company on Wednesday.
read more... 21/05/2015
Centrica to import more gas from Russia, Norway
Centrica, the largest supplier in the UK, has extended existent contracts with two of the world's largest producers, Russia's Gazprom and Norway's Statoil, move that will increase kingdom’s dependence on gas imports, as its production diminishes.
read more... 14/05/2015
Saudi Arabia’s crude oil output surges at record high in April
Saudi Arabia, the biggest oil exporter in the world, increased its crude oil production in April to a record high to cover demand from Asian buyers and to meet the needs of domestic power stations and refineries.
read more... 13/05/2015
Daily: Oil prices drop since U.S. stockpiles seen increasing
Oil prices dropped on Tuesday on expectations of another increase in U.S. stockpiles and since Saudi Arabia maintains production near record highs, but prices stayed close to a 2015 peak attained last week.
read more... 21/04/2015