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Leading oil companies ready to spend money in Gulf of Mexico bidding
European Royal Dutch Shell plc, American Chevron Corp and Exxon Mobil Corp have announced the oil industry's return to the Gulf of Mexico's deep waters with greater bids in a government auction up 76 % over a year ago.
read more... 23/03/2017
Daily (23.03.2017): British prompt gas prices fall on oversupply from Norway
Oil prices recuperated much of their losses after decreasing to almost four-month lows on Wednesday, as data indicated that U.S. crude inventories rose faster than anticipated.
read more... 23/03/2017
Great Britain: IGas receives approval for shale gas exploration
Nottinghamshire County Council gave the green light on Tuesday for shale gas developer IGas to elaborate a shale gas well site and drill an exploratory well at Tinker Lane.
read more... 22/03/2017
Russia keeps the world oil leading position in January
Russia maintained the leading position as the world biggest oil producer in January - for a second month in a row, as stated by official data.
read more... 22/03/2017
Daily (22.03.2017): German spot rose 23% as wind power production declined
Crude oil prices declined on Tuesday, with U.S. crude reaching its lowest level since November 2016, as worries about new supplies overshadowed the latest OPEC deal to extend production cuts beyond June 2017.
read more... 22/03/2017