UK-based oil and gas major BP has inked a heads of agreement (HoA) with the Egyptian Minister of Petroleum to accelerate the expansion of the Atoll gas field in the country.
read more... 09/11/2015
Centrica began drilling works in a new well York gas field. It will tap into further 20 billion cubic feet of gas – sufficient to heat half a million UK homes yearly.
read more... 06/11/2015
Crude oil declined on Wednesday, erasing most of their gains from the previous day, as a strong dollar, declining gasoline prices and increasing U.S. crude stockpiles weighted on the market. Brent crude futures fell $1.96, or 3.9 percent, to end at $48.58 a barrel. It had boosted $1.75 on Tuesday. WTI crude shed $1.58, or 3.3 percent, to settle at $46.32. It rose by $1.76 in the previous session.
read more... 05/11/2015
Russian energy giant Gazprom intends to develop gas projects in Belarus.
read more... 05/11/2015
Royal Dutch Shell made known about the selling of two assets from its portfolio.
read more... 04/11/2015