UK is likely to lead the new crude and natural gas projects in the North Sea region by 2025, as unveiled a report from Globaldata.
read more... 01/04/2016
French gas and power conglomerate Engie is searching other associates to invest in the Nugen project to construct nuclear reactors in Britain, as stated by Engie director Philippe Pradel.
read more... 01/04/2016
Eni will become the operator of a new offshore gas basin in Ghana, as the Italian major has been awarded an exploration licence, the Cape Three Points Block 4, located in the prolific Tano basin.
read more... 31/03/2016
Gas consumption in the European Union increased in 2015 for the first time in four years since temperatures moved closer to average after an extraordinarily mild 2014, augmenting residential demand for heating, as stated by business association Eurogas on Wednesday.
read more... 31/03/2016
Crude oil prices ended flat on Wednesday, erasing most of the day’s gains, losing momentum, after U.S. government data unveiled crude stockpiles hit all-time high records despite strong refinery runs. U.S. crude futures rose 4 cents to close at $38.32 a barrel. Brent crude's front-month edged 12 cents higher to settle at $39.26, retreating from a session peak of $40.61.
read more... 31/03/2016