Latest news
Shah Deniz field produced 64 billion cubic meters of gas during first phase of development
Energy-rich Azerbaijan extracted from its Shah Deniz field 64 billion cubic meters of gas from the commencing date of this project to September 1, 2015, according to the First Vice President of State Oil Company of Azerbaijan Republic (SOCAR) in Geology Geophysics & Field Development Issues, Khoshbakht Yusifzade.
read more... 29/09/2015
Russia thinks about breaking Gazprom's gas exporting monopoly
Russia is intends to permit firms other than Gazprom to export natural gas, as stated by Energy Minister Alexander Novak on Thursday.
read more... 25/09/2015
Total aims to invest $500 million per year in renewable energy
Total SA intends to invest $500 million a year in green energy, a step by Europe’s second-most important oil and gas firm to grow in biofuels and solar.
read more... 25/09/2015
EU approves help for Finland’s first LNG terminal
Finland has obtained approval from the European Commission to offer €23 million (£16.6m) worth of state support for a Liquefied Natural Gas (LNG) terminal.
read more... 24/09/2015
Daily: UK spot gas rebound on lower imports from Norway, outage at gas terminal
Crude oil markets declined on Wednesday, with WTI crude futures falling 4% after optimistic impact from weaker crude inventories was compensated by a large increase in gasoline, intensifying concerns about robust autumn fuel supplies. Brent crude tumbled $1.33, or 2.7 percent, to settle at $47.75 a barrel. WTI crude shed $1.88, or 4.1 percent, to close at $44.48.
read more... 24/09/2015