Oil major BP has inked a $10 billion liquefied natural gas (LNG) supply agreement with China's Huadian electricity producer, signing the deal as part of Chinese President Xi Jinping's state visit to Britain.
read more... 22/10/2015
The top 10 oil and gas companies produce over 54 million barrels per day.
read more... 21/10/2015
A gas-fired power station with a capacity of 735MW is likely to re-open in North Lincolnshire.
read more... 21/10/2015
The Polish and Ukrainian transmission system operators (TSO) – Gaz-System and Ukrtransgaz - have accomplished the feasibility study for the interconnection integrating transmission systems of both countries.
read more... 20/10/2015
Crude oil declined by about 4% on Monday, dragged down by a decrease in gasoline futures which added to pressure to a weakening market due to a slower growth in China and signs that Iranian oil will return to the market soon after the signature of its nuclear deal. The dollar appreciation and a weaker equity market on Wall Street weighed on the petroleum complex. Brent crude fell $1.85, or 3.7 percent, to settle at $48.61 a barrel. WTI crude lost $1.37, or 3 percent, to close at $45.89, in lighter volume ahead of Tuesday's expiry for November spot contract.
read more... 20/10/2015