Oil prices jumped on Thursday, but increasing U.S. crude stockpiles limited the rally from a one-week low after the International Energy Agency mentioned that oil markets had been reducing even before cuts agreed by OPEC and other producers took effect.
read more... 20/01/2017
France's Total is preparing to drill for gas off Cyprus, near ENI's major Zohr finding off the Egyptian coast which in 2015 renewed interest among oil most important companies for exploration in the Mediterranean.
read more... 20/01/2017
Last year, Germany connected to the grid 818MW of new offshore wind, bringing the total to 4.1GW, according to data offered by Deutsche WindGuard.
read more... 19/01/2017
Bulgaria and Serbia's Energy Ministers are to sign a Memorandum of Understanding on the construction of a gas interconnector between the two countries. The construction should start no later than in May 2019 this way it could be operational by the end of 2020.
read more... 19/01/2017
Norwegian energy company Statoil has won approval by the authorities for its planned development and operation for the Utgard and Byrding oil and gas fields.
read more... 19/01/2017