Latest news
Irish-French power link of 700 MW gets EU grant
The European Commission (EC) will extend EUR 530 million (USD 580.4m) in grant financing for the Celtic Interconnector, a roughly 700-MW link that will connect the Irish and French power grids.
read more... 03/10/2019
PGNiG gets nod to drill its second operated well in Norway
PGNiG’s subsidiary PGNiG Upstream Norway AS will drill the well 6507/5-9 A using the Deepsea Nordkapp semi-submersible drilling rig. The well is located in the production license 838, southeast of the Skarv field.
read more... 02/10/2019
Sempra Energy to sell Peruvian businesses to China Yangtze for $3.59 bln
Sempra Energy said on Monday it would sell its Peruvian businesses to a unit of China Yangtze Power Co for $3.59 billion, as part of a planned exit from South America to focus on its core U.S. and Mexican markets.
read more... 30/09/2019
ExxonMobil sells Norway offshore fields to Vår Energi for $4.5 billion
The U.S. major on Thursday said the deal was part of its plan to sell $15 billion worth of non-core assets by 2021.
read more... 27/09/2019
Daily (25.09.2019): Crude oil prices fell over 2.3% on Tuesday, due to pessimistic China-U.S. negotiations and weaker global demand
Oil prices fell on Tuesday to their lowest levels since September 14, after U.S. president Donald Trump accused China of unfair trade practices. The decline in stock markets and lower manufacturing activity in Europe also weighed on prices. Hence, Brent crude decreased by 2.6% to close at $63.10 a barrel, while WTI futures lost 2.3% to end at $57.29 a barrel.
read more... 25/09/2019