Latest news
Repsol injects €80m in building two low emission fuel projects in Spain
The first plant will produce net zero emissions fuels using CO2 and green hydrogen and the second will generate gas from waste
read more... 17/06/2020
Austria shuts down last coal-fired power plant
Austria, an Alpine nation with no significant fossil fuel reserves of its own, still has more than a dozen power plants burning gas and oil.
read more... 16/06/2020
Siemens, Total to work on “green” LNG production
A unit of German engineering giant Siemens has entered into a deal with French energy group Total to advance new concepts for “green” liquefied natural gas production.
read more... 12/06/2020
Equinor, Aker BP agree 3 oil, gas licenses in North Sea
Area with these licenses contain recoverable resources estimated at more than 500 million barrels of oil equivalents
read more... 12/06/2020
Daily (10.06.2020): British near-term gas prices lost ground on Tuesday despite a cut in Norway gas flows
Crude oil prices edged higher on Tuesday as the extension of OPEC+ output cuts on Saturday counterbalanced worries that resurgent coronavirus cases in the US could hit the oil demand recovery, which is still fragile. Hence, Brent crude for August delivery rose by 38 cents, or 0.9%, to settle at $41.18 a barrel. At the same time, U.S. WTI crude gained 75 cents, or 2%, to end at $38.94 a barrel.
read more... 10/06/2020