The EIA forecasts U.S. shale oil production to rise in March at the highest pace since May last year, given that energy companies are increasing their drilling activities, taking advantage from crude prices hovering over $50 a barrel.
read more... 14/02/2017
The European Commission (EC) gave the green light to a state aid for the development of 2,660MW of renewable energy schemes in France.
read more... 14/02/2017
Crude oil prices tumbled by about 2 percent, the lowest level since mid-January, dragged down by a stronger dollar and evidence of increasing U.S. crude output.
read more... 14/02/2017
China's largest energy giant PetroChina targets to realize sales of 150 billion cubic meters of natural gas this year, or an increase from approximately 140 billion in 2016, state-controlled China Energy News declared on Saturday.
read more... 13/02/2017
Poland's second-largest oil refiner Lotos is interested in obtaining a long-term supply deal with Iran once it accomplishes a new coking division at its Gdansk refinery next year, as stated by its chief executive.
read more... 13/02/2017