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Oil industry firm BP started gas production at two Egypt fields

BP has initiated gas production at two fields - The Taurus and Libra fields - located in its West Nile Delta development offshore Egypt.

read more... 12/05/2017

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Daily (12.05.2017): UK spot gas prices declined by 5% on warmer weather forecasts

Oil prices grew by around 1%, extending Wednesday's 3% gains, boosted by the news about a huge drop in the U.S. inventories and 2 countries’ decision to support extension to OPEC supply cuts.

read more... 12/05/2017

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Iberdrola price fixing claim examined by Spain's high court

Spain's High Court declared on Thursday it is inspecting a claim by the anti-corruption prosecutor of supposed electricity price manipulation by utility Iberdrola in late 2013.

read more... 11/05/2017

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Daily (11.05.2017): Oil prices jumped by more than 3% on Wednesday

Oil prices surged by more than 3% on Wednesday, boosted by the biggest one-week slump in U.S. inventories so far in 2017, and after Iraq and Algeria joined Saudi Arabia in sustaining an extension to OPEC supply cuts.

read more... 11/05/2017

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France: Macron plans to boost renewable power

The election of Emmanuel Macron, former French Economics Minister, as the country’s new president, was welcomed by France’s renewables sector.

read more... 11/05/2017

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