Gazprom Neft subsidiary Gazpromneft-Shelf has launched production at two new production wells at its Arctic oil field Prirazlomnoye field, increasing the total number of well to six.
read more... 24/01/2017
The German Finance Ministry has given up plans to introduce a levy on small producers of photovoltaic power and combined heat and power plant (CHP) that would bring one billion euros income annually.
read more... 24/01/2017
The city of Essen in Germany becomes the European Green Capital for 2017, the title being awarded from Ljubljana by Karmenu Vella, Commissioner for the Environment, Maritime Affairs and Fisheries, in a ceremony on Saturday.
read more... 24/01/2017
Crude oil prices lost 1 percent on Monday as signs of a strong rebound in U.S. drilling activity eclipsed news that OPEC and non-OPEC producers were likely to meet output reduction objectives.
read more... 24/01/2017
Liquefied Natural Gas (LNG) oversupply will continue until the mid-2020s, according to a new survey from Aurora Energy, which states this is likely to reduce the value of contracts in the market as LNG reaches the bottom of its boom-bust cycle.
read more... 23/01/2017