Total and Lampiris, the third-largest supplier of natural gas and renewable power to the Belgium residential sector, have inked an agreement under which Total will acquire all of the shares in Lampiris.
read more... 15/06/2016
Declining coal and gas prices will not halt record investment in renewables over the coming decades as the cost of generating clean energy drops, according to a key energy report.
read more... 14/06/2016
Norwegian company Det norske oljeselskap (Det norske) has inked a $1.3bn deal with BP to fuse with BP Norge in a bid to form the biggest Norwegian independent oil and gas producer.
read more... 14/06/2016
Crude oil prices declined on Monday, dragged down by U.S. dollar appreciation and pessimistic economic outlook in Europe and in Asia, but gained ground due to ongoing outages in Nigeria. Brent crude oil futures eased 19 cents, or 0.4 percent, to settle at $50.35 per barrel, while U.S. crude declined 19 cents, or 0.4 percent, to end at $48.88 a barrel.
read more... 14/06/2016
Crude oil prices ended down on Thursday, reversing a three-day hike after touching another 2016 high, as a stronger dollar triggered profit-taking in crude futures by investors. However, persistent worries about supply disruption in Nigeria limited losses. Brent crude oil futures closed down 56 cents at $51.95 a barrel, after declining nearly $1 earlier. It attained a 2016 high of $52.86 during the session. U.S. crude's WTI futures eased 67 cents to settle at $50.56, after falling $1 at the session low. WTI's intraday peak was $51.67, the highest level for this year.
read more... 10/06/2016