Latest news
Eni likely to conclude Mozambique gas deal after years of delays
A long-expected Mozambique’s offshore gas project with Italy’s Eni is likely to get the green light within months, according to sources close to the matter.
read more... 26/07/2016
Total signs long-term LNG supply agreement with Japanese company
A French multinational oil and gas firm, Total, inked a deal with a Japanese energy company Chugoku Electric for liquefied natural gas (LNG) supply for 17 years starting from 2019, according to the declaration of the French company on Friday.
read more... 25/07/2016
SSE energy mix dominated by gas and oil power
Unfavorable weather conditions and a weak economy facilitated more electricity share from gas and oil fired power plants in the SSE portfolio from April to June.
read more... 25/07/2016
Daily: British prompt gas prices edge higher on weaker output from wind farms
Crude oil prices tumbled 2 percent on Thursday on U.S. government data showing growing stockpiles of gasoline and other oil products, driving total petroleum supplies in the U.S. to record highs. Brent crude lost 97 cents, or 2.1 percent, to settle at $46.20 a barrel. U.S. West Texas Intermediate (WTI) crude closed down $1, or 2.2 percent, to arrive at $44.75.
read more... 22/07/2016
British second largest energy supplier SSE lost 50,000 customers
SSE, British energy supplier, one of the “Big Six” said it had lost another 50,000 electricity and gas customers over the three months ending June 30, as small suppliers are gaining market share from incumbents.
read more... 21/07/2016