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Shell aims to enter UK electricity market

Shell Energy Europe announced its intention to enter the UK ellectricity market. For the sake of electricity supply it has applied for a licence to provide power to industrial and commercial businesses in Britain. The licence should be signed now, as planned by oil giant, in order to start supplying electricity at the beginning of next year.

read more... 19/09/2017

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UK prepares a scheme for domestic nuclear safeguards

As UK is preparing to exit European Union, it has planned a domestic nuclear safeguards regime, proving its responsibility of a nuclear state. The withdrawal from Euratom will not lead to poorer safeguards standards and oversight in the nation, as announced by the UK secretary of state for Business, Energy and Industrial Strategy. 

read more... 18/09/2017

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Azerbaijan: The deal to extend oilfield to 2049 signed by BP-led partners and SOCAR

A deal has been signed between the Azerbaijan government, the State Oil Company of Azerbaijan (SOCAR) and BP-led partners for the Azeri, Chirag, and deepwater Gunashli field (ACG) in the Caspian Sea.

read more... 18/09/2017

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Daily (18.09.2017): British gas contracts dipped on Friday due to weaker energy complex

Oil prices were firm on Monday and stayed close to multi-month peaks hit late last week as the number of U.S. rigs drilling for new output fell and due to the restart of the refineries after Hurricane Harvey.

read more... 18/09/2017

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Dubai, Shanghai Electric and ACWA Power cut a solar power deal worth $3.9 billion

Shanghai Electric and Saudi Arabia’s ACWA Power will construct and manage a 700-megawatt solar power plant under a $3.9 billion contract awarded by Dubai’s state energy utility.

read more... 18/09/2017

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