Latest news
Daily (27.02.2017): Brent crude down 1% due to rising U.S. production
Crude oil prices fell on Friday as market returned to volatility last week as rising U.S. production continues to weigh on OPEC's efforts to reduce supply.
read more... 27/02/2017
Exxon Mobil will extend lifetime of Norway's Sigyn field until end-2022
Norway's Petroleum Safety Authority has given approval to operator Exxon Mobil to prolong the lifetime of its Sigyn field offshore Norway until end-2022, the safety watchdog declared on Friday.
read more... 27/02/2017
RTE: Cold spell makes France a net power importer for the second straight month
France was a net electricity importer for a second consecutive month in January due to extremely cold weather which drove peak demand to its highest level in five years against the context of low nuclear and hydropower supply, according to grid operator RTE.
read more... 24/02/2017
Work launched at UK-France power interconnector
The foundation stone for a new power interconnector linking Britain and France was laid yesterday, marking the start of a project which will enable higher levels of renewables in the two countries’ power grids.
read more... 24/02/2017
Russian giant Rosneft to expand in Libya and Iraq
Russian oil company Rosneft has expanded its activities in the Middle East by signing two oil purchase agreements in Libya and Iraq.
read more... 24/02/2017