Latest news
Finland has announced it will completely phase out coal by 2030
Finland has announced plans to phase out coal by 2030 in an attempt to considerably reduce greenhouse gas emissions.
read more... 28/11/2016
BP acquires stake in Eni's giant Zohr gas field offshore Egypt
BP has decided to acquire 10 percent of Eni's Shorouk concession offshore Egypt, which comprises the giant Zohr gas field, for $375 million, joining other oil majors in raising bets on the developing gas market.
read more... 28/11/2016
Gas-fired electricity likely to secure French energy over Winter
French unease at potential electricity shortages this winter have been lessened by claims from the nation’s gas power sector that there is enough capacity from the industry to back the country.
read more... 25/11/2016
Daily: British gas prices rebound due to an unplanned outage
Oil prices declined slightly on Wednesday as investors doubted that OPEC will agree to an output reduction large enough to curb significantly the global glut of oil as U.S. drilling increases. Oil prices oscillated thorough the day, opening lower in the morning and later shortly turning positive after the EIA said U.S. crude inventories unexpectedly declined 1.3 million barrels last week after three consecutive weeks of rises. Brent crude futures lost 17 cents, or 0.35 percent to settle at $48.95 a barrel. The U.S. WTI crude oil futures fell 7 cents, or 0.2 percent, to end at $47.96 a barrel.
read more... 24/11/2016
Lundin Petroleum makes more oil, gas discoveries in Barents Sea
Swedish energy company Lundin Petroleum said on Tuesday it discovered more oil and gas reserves at an existing field in the Norwegian Barents Sea.
read more... 23/11/2016