Latest news
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
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
Russian project will lack EU financing in consequence of US sanctions
The Austrian OMV CEO stated that US sanctions will have a serious impact on big Russian projects. OMV is one of the investors in the Nord Stream-2 trans-Baltic gas pipeline project.
read more... 14/09/2017
Iraq’s Majnoon oil field is of no interest to Shell
Shell wants to sell its share in Iraq’s Majnoon oil field after both parties failed to reach an agreement on future production plans and investment budgets, as stated by Reuters on Wednesday.
read more... 14/09/2017
Daily (14.09.2017): EU carbon prices climbed to a new 19-month high on Wednesday
Crude oil prices rose on Wednesday after the International Energy Agency (IEA) stated that a global surplus of crude was starting to shrink, even though U.S. data indicated another huge surge in domestic inventories due to Hurricane Harvey.
read more... 14/09/2017