Latest news
Oil industry firm BP started gas production at two Egypt fields
BP has initiated gas production at two fields - The Taurus and Libra fields - located in its West Nile Delta development offshore Egypt.
read more... 12/05/2017
Brexit might almost double oil and gas trade costs
The trade body for the UK oil and gas industry is exhorting Prime Minister Theresa May to find solutions so as to minimize any Brexit fallouts, after a recent report showed that the cost of oil trading after the UK’s exit from Europe might double to approximately £1.1bn per year.
read more... 04/05/2017
UK might miss its chance to be the world power in nuclear energy
The UK government still cannot take a solid decision on whether to produce mini nuclear power stations that can give the industry an estimated income of £400bn.
read more... 03/05/2017
Germany: Renewable energy use increased over week-end
Energy from renewable sources in Germany provided most of the electricity over the weekend, as stated in a recent industry report. The majority of the nation’s coal-fired power plants were not in operation for the first time ever.
read more... 03/05/2017
Nuclear power investment of $80 bln per year required to meet climate change goals
The nuclear energy industry requires a yearly investment of $80 billion so as to meet climate change objectives, as stated by the director of the International Atomic Energy Agency (IAEA) on Friday.
read more... 28/04/2017