Latest news
Scottish and Southern Energy loses 50, 000 customers on higher tariffs
The energy provider, Scottish and Southern Energy (SSE) announced that in the nine months to the end of the year it lost 50,000 electricity and gas customers in the UK and Ireland, due to higher energy tariffs imposed by the provider.
read more... 01/02/2012
Statoil increases offshore gas reserves at its Snøhvit field
The Norwegian oil giant, Statoil is boosting the volume of gas reserves believed to be contained in its Snøhvit offshore field in the Barents Sea.
read more... 31/01/2012
US to put a new lease of sale of the Gulf of Mexico blocks
Obama administration has decided to put a new lease of sale in the Gulf of Mexico with around 7250 offshore blocks for oil and gas exploration.
read more... 30/01/2012
Daily- UK gas hits one-month high on colder weather
Brent crude increased above $111 on Friday on steady demand expectations due to a list of positive indicators provided by U.S. showing an economic growth in the world's top oil consumer, following the U.S. Federal Reserve promises to keep interest rates low for 2014.
read more... 27/01/2012
Chevron hits the 13th offshore gas discovery in Australia
US energy giant Chevron has recently announced a natural gas discovery by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, offshore Western Australia, being the 13th offshore natural gas discovery since 2009.
read more... 24/01/2012