Latest news
Oil Major Total Sees 10 Million Bpd Supply Gap In 2025
France's supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between now and 2025, due to continued underinvestment in the industry, the OPEC+ pact, and cracks in the U.S. shale business model.
read more... 11/02/2021
Iberdrola secures 243 MW of solar in Spanish renewables tender
Spanish power utility Iberdrola SA (BME:IBE) said it has won a total of 243 MW of solar photovoltaic (PV) capacity in Spain’s latest renewable energy auction.
read more... 29/01/2021
Oil discovery in Egypt’s Western Desert
Independent producer Apex said the well in Cretaceous sandstones can produce 2,000 barrels a day
read more... 19/01/2021
Italy's Edison sells Norway upstream assets to focus on energy transition
The deal, which includes a portfolio of five exploration licences and reserves of 25.9 million barrels of oil equivalent, is expected to close before the end of June
read more... 31/12/2020
Johan Sverdrup crude loadings to hit new record
Record-high loadings of the North Sea's largest crude grade, Johan Sverdrup, will help offset a drop in exports of the region's benchmark crudes in February.
read more... 30/12/2020