US crude futures traded higher on Wednesday while Brent crude erased losses after China’s central bank cut its reserve requirement ratio for lenders by 0.5 percentage point for the first time since 2008.
read more... 30/11/2011
The French energy major Total will appeal against the French government’s decision in October this year to cancel its license for the exploration of shale gas in Montelimar, in the south of France, as Total chief executive Christophe de Margerie said.
read more... 29/11/2011
Here is the latest news on electricity and gas price changes and users switching suppliers in Germany, a market of 40 million households supplied by 1,100 power and 770 gas companies.
read more... 29/11/2011
The Iraqi cabinet has signed a definitive $17bn agreement with Royal Dutch Shell and Mitsubishi on Sunday to capture flared gas from southern oilfields.
read more... 28/11/2011
The energy major Royal Dutch Shell signed on Wednesday a deal with the Turkish Petroleum Corporation (TPAO) to search for oil and gas in the Mediterranean and southeast Turkish areas.
read more... 24/11/2011