Latest news
Eight energy companies promise methane cuts from natural gas
BP, ExxonMobil, Shell, Statoil and Total are among eight energy firms that inked the Guiding Principles document to further cut methane emissions from their natural gas assets.
read more... 23/11/2017
UK budget tax modifications can save millions in oil and gas
The trade association for the oil and gas industry has declared that the Autumn Budget could save millions of pounds by presenting a tax change to postpone the decommissioning of older energy fields.
read more... 23/11/2017
British Petroleum decided to sell North Sea assets to Serica Energy
British Petroleum decided to sell its oil and gas assets in North Sea to Serica Energy in an agreement estimated at £300 million.
read more... 22/11/2017
The boost of low-cost renewables changes EU energy expectations for 2030
The accelerated fall in wind and solar energy costs, and flexible demand technology could substitute more than 50% of coal and gas generated electricity in Europe by 2030, as indicated in a recent research published on Tuesday.
read more... 21/11/2017
Daily (20.11.2017): UK gas prices fell on forecasts of warmer weather and an oversupplied system
Oil prices recovered by over 2% on Friday as a major U.S. crude pipeline was shut, and traders anticipated an OPEC agreement to extend output cuts. Brent crude oil soared by $1.36, or 2.2 percent, to close at $62.72 a barrel, while U.S. West Texas Intermediate crude (WTI) settled at $1.41, or 2.6 percent, at $56.55 a barrel.
read more... 20/11/2017