Latest news
BP authorizes investment in Egypt gas field 15 months after finding
British oil major BP has authorized investment in the first phase of expanding the huge Atoll gas field offshore Egypt, only 15 months after it first announced its discovery.
read more... 20/06/2016
Total acquires 100% of Belgian renewable power provider Lampiris
Total and Lampiris, the third-largest supplier of natural gas and renewable power to the Belgium residential sector, have inked an agreement under which Total will acquire all of the shares in Lampiris.
read more... 15/06/2016
Energy report: Cheaper gas and coal will not cast a chill over investments in renewables
Declining coal and gas prices will not halt record investment in renewables over the coming decades as the cost of generating clean energy drops, according to a key energy report.
read more... 14/06/2016
BP inks $1.3 billion agreement with Det norske to fuse Norwegian oil and gas businesses
Norwegian company Det norske oljeselskap (Det norske) has inked a $1.3bn deal with BP to fuse with BP Norge in a bid to form the biggest Norwegian independent oil and gas producer.
read more... 14/06/2016
Daily: British gas spot price fell over 10 percent on oversupply and new LNG shipments
Crude oil prices declined on Monday, dragged down by U.S. dollar appreciation and pessimistic economic outlook in Europe and in Asia, but gained ground due to ongoing outages in Nigeria. Brent crude oil futures eased 19 cents, or 0.4 percent, to settle at $50.35 per barrel, while U.S. crude declined 19 cents, or 0.4 percent, to end at $48.88 a barrel.
read more... 14/06/2016