Latest news
CEO: Eni to inject 20 bln euros in Africa’s energy sector
Italian energy giant Eni envisages investing about 20 billion euros ($22.5 billion) in Africa over the next four years, mostly in the oil and gas industry, according to the company's Chief Executive Officer Claudio Descalzi.
read more... 18/04/2016
Made-in-the-USA wind power hit output record last year
American wind power industry employed a record of 88,000 jobs at the start of 2016, up 20% in a year, according to the U.S. Wind Industry Annual Market Report, Year Ending 2015, released by the American Wind Energy Association (AWEA).
read more... 13/04/2016
Daily: Oil prices rebound after Kuwait’s statements on output freeze
Crude oil prices boosted on Tuesday after Kuwait's OPEC governor Nawal Fuzaia said that the oil producers could agree to freeze the output at February levels at the April 17 Doha meeting even without Iran. The market prolonged gains in post-settlement trade after preliminary data on U.S. crude supply-demand for last week from industry group American Petroleum Institute (API) showed an unexpected draw of 4.3 million barrels. U.S. crude closed the session up 19 cents at $35.89, reaching a one-month low of $35.24 during the session. It increased to $36.58, up 88 cents, after the API data. Brent crude rose 18 cents to settle at $37.87 a barrel on the Intercontinental Exchange (ICE), after plunging to a March 4 low of $37.27 earlier. It recorded a post-settlement high of $38.44.
read more... 06/04/2016
EDF final decision on Hinkley Point likely to be taken in May
EDF is likely to announce its final investment decision on the Hinkley Point nuclear power plant in May, as stated by Emmanuel Macron, the French Minister of the Economy, Industry and the Digital Sector.
read more... 28/03/2016
Daily: Brent ends flat after terror attack in Belgium, WTI closes down on stockpiles hike
Brent oil prices closed flat on Tuesday after terror attacks in Belgium, while U.S. crude futures declined, then prolonged losses in post-settlement trade on industry figures indicating larger than expected increases in domestic stockpiles. Brent crude rose 6 cents at $41.60 a barrel in post-settlement trade, after closing the session 25 cents higher at $41.79. The front-month contract of WTI crude fell 30 cents at $41.22 a barrel by 5:05 p.m. EST (2105 GMT), after the release of API report. It settled just 7 cents down at $41.45, after attaining a 2016 high of $41.90 earlier.
read more... 23/03/2016