Latest news
OGA awards 25 licenses for exploration and production nearby UK Continental Shelf
As part of the 29th licensing round, the Oil and Gas Authority (OGA) is to award 25 licenses for 111 blocks or part blocks to17 companies, in order to assure further exploration and production across frontier areas of the UK Continental Shelf (UKCS).
read more... 24/03/2017
Polish government-run PGNiG consolidates its position in Norway
Polish government-run PGNiG (Polish Oil and Gas Company) has acquired a share in the Storklakken oil field which was discovered in 2010 by Aker BP ASA. The deal is carrying out PGNiG’s strategy in increasing hydrocarbon production outside Poland.
read more... 24/03/2017
Daily (24.03.2017): Oil stuck near four-month lows on record U.S. crude stocks
Crude oil prices tumbled on Thursday, locked near four-month lows amid investors’ concerns that OPEC-led supply cuts were not yet reducing record U.S. crude stockpiles.
read more... 24/03/2017
Phoenix Solar awarded to build a 11.2 MW PV plant in Turkey
A photovoltaic power plant with a total capacity of 11.2 MWp in the Black Sea province of Amasya, in Turkey is going to be built by Phoenix Solar Yenilenebilir Enerji A.Ş, Turkish subsidiary of German Phoenix Solar.
read more... 23/03/2017
Coal mine in Germany to be converted into a hydroelectric battery
RAG AG-owned Prosper-Haniel hard coal mine, located in the German state of North-Rhine Westphalia, will be transformed into a big battery that stores excess solar and wind energy.
read more... 23/03/2017