Ukrainian coal output dropped by 22 percent in 2014 to 65 million tonnes after the pro-Russian separatist disagreements interrupted mining operations in the country's eastern industrial centre, as stated by deputy energy minister Yuri Zukov on Friday.
read more... 12/01/2015
Norwegian oil and gas firm Statoil announced that the Valemon gas and condensate field in the North Sea started production on January 3.
read more... 06/01/2015
UK’s oil major BP unveiled the start of oil production from Kinnoull field in the central North Sea, marking BP’s seventh and final major upstream project start-up in 2014.
read more... 05/01/2015
Crude oil prices eased on Friday as the dollar redressed and as an oversupply in the United States overtook worries about declining production from Libya.
read more... 29/12/2014
Crude oil prices resumed their downward trend on Monday on Saudi Arabia’s minister declarations that OPEC would not curb production at any price. Brent crude decreased by $1.27, or 2 percent, to settle at $60.11 a barrel after a session low of $59.84. U.S. crude's front-month contract declined $1.87, or 3.3 percent, to close at $55.26 a barrel.
read more... 23/12/2014