Latest news
UK: wind production surpassed coal last year
Last year, UK produced more electricity from wind farms than from coal-fired power plants for the first time ever.
read more... 09/01/2017
Denmark's main natural gas field is set to cease production by 2018
Maersk Oil, a subsidiary of Danish shipping and oil company A.P. Moller-Maersk, confirmed last week that it intends to stop production at its Tyra gas field by October 2018, as it would no longer be economically viable.
read more... 09/01/2017
Daily (09.01.2017): US crude increased slightly to settle at $53.99, as traders parse signs OPEC is reducing production
Oil traded higher on Friday since investors acquired futures before the weekend, but a strong U.S. dollar limited gains, as did lasting uncertainties about whether all OPEC producers would reduce output according to the agreement.
read more... 09/01/2017
Daily (06.01.2017): Oil settles higher as Saudi production cuts counterbalance U.S. products build
Oil prices rose on Thursday in an up-and-down session, boosted by news that Saudi Arabia had limited production to meet OPEC's pact after data have shown a significant rise in U.S. gasoline and distillate inventories.
read more... 06/01/2017
Egypt inked natural gas and oil exploration deal with Italy's Edison
Egypt's state-controlled Egypt Natural Gas Holding (EGAS) has inked a $86 million deal with Italy's Edison for natural gas and oil exploration in the Mediterranean, as stated by the Egyptian Petroleum Ministry on Thursday.
read more... 06/01/2017