Latest news
DEPA sells gas to Bulgaria at 16 pct less
Public Gas Corporation (DEPA) of Greece has sold natural gas to Bulgaria at a price 10 percent below the Bulgarian regulated rate and 16 percent below the rate offered to its major clients in Greece, thereby subsidizing industry in the neighboring country.
read more... 18/04/2019
Renewables provided third of all UK power in 2018
That’s according to a new statistical report published by the Department for Business, Energy and Industrial Strategy (BEIS), which details energy statistics from across the fourth quarter of the year and provisional annual data for the whole of 2018.
read more... 29/03/2019
Azerbaijan suspends pumping oil through Baku-Novorossiysk
According to Azerbaijan´s Trend, the country has suspended oil pumping through Baku-Novorossiysk, said Ibrahim Ahmadov, Deputy Head of the Public Relations Department at SOCAR.
read more... 19/03/2019
Daily (18.10.2018): WTI crude dropped by 3% on Wednesday due to a jump in US stockpiles
Oil crude prices fell on Wednesday as the U.S. Energy Department's Energy Information Administration revealed a higher-than-expected build in U.S. crude inventories, offsetting concerns about diplomatic relations with Saudi Arabia. Therefore, Brent crude price traded 1.7% lower to settle at $80.05 a barrel. WTI crude price plunged 3% down to settle at $69.75 a barrel.
read more... 18/10/2018
LNG production in Russia could reach 83 mln tonnes by 2035 — Energy Ministry
Russia can increase production of liquefied natural gas (LNG) to 83 mln tonnes by 2035 from the current 21 mln tonnes, Head of Department of Oil and Gas Production and Transportation at the Russian Energy Ministry Alexander Gladkov said at the Sakhalin Oil & Gas Conference & Exhibition.
read more... 26/09/2018