Latest news

Daily (19.12.2019): French spot power plunges 33% on Wednesday on high wind, nuclear generation

Crude oil futures were rather flat on Wednesday after moving upward four trading days in a row. Brent crude edged higher, paring earlier gains following the latest oil inventory figures from the American Petroleum Institute (API) and the U.S. Department of Energy (DOE). Brent crude for February delivery added 7 cents, or 0.1%, to end at $66.17 per barrel. WTI for January delivery slipped to $60.93 per barrel.

read more... 19/12/2019


UK Oil Production Up 9% In First Quarter

The UK’s crude and natural gas liquids (NGL) production increased by 9 percent annually to reach 1.18 million bpd in the first quarter of 2019, S&P Global Platts quoted statistics from the UK Department of Business, Energy & Industrial Strategy as showing on Thursday.

read more... 31/05/2019


DEPA sells gas to Bulgaria at 16 pct less

Public Gas Corporation (DEPA) of Greece has sold natural gas to Bulgaria at a price 10 percent below the Bulgarian regulated rate and 16 percent below the rate offered to its major clients in Greece, thereby subsidizing industry in the neighboring country.

read more... 18/04/2019


Renewables provided third of all UK power in 2018

That’s according to a new statistical report published by the Department for Business, Energy and Industrial Strategy (BEIS), which details energy statistics from across the fourth quarter of the year and provisional annual data for the whole of 2018.

read more... 29/03/2019


Azerbaijan suspends pumping oil through Baku-Novorossiysk

According to Azerbaijan´s Trend, the country has suspended oil pumping through Baku-Novorossiysk, said Ibrahim Ahmadov, Deputy Head of the Public Relations Department at SOCAR.

read more... 19/03/2019