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Statoil discovers a new promising site for gas in the North Sea

Statoil has found a promising site for new gas in the North Sea’s Valemon field.

read more... 07/02/2017

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Daily (07.02.2017): Brent and WTI crude at lowest level since Jan. 31

Crude oil prices tumbled on Monday as robust U.S. supplies and excess speculative length offset OPEC output reductions and mounting tensions between the United States and Iran.

read more... 07/02/2017

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Dong targets to phase out coal-fired electricity generation by 2023

Dong is already the world’s largest offshore wind farm company, constructing over a quarter of the capacity installed worldwide. It intends to offload its operations concentrated on oil exploration and production later this year, after pulling off one of the biggest stock market listings in 2016.

read more... 06/02/2017

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Daily (06.02.2017): Oil price rises on Iran fresh sanctions by the U.S.

Crude oil prices boosted on Friday after the U.S. president Trump imposed fresh sanctions on a raft of individuals and companies in response to Iran’s test-firing a ballistic rocket last week.

read more... 06/02/2017

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Daily (03.02.2017): Crude oil prices pare gains as U.S.- Iran tensions alleviate

Crude oil price tumbled on Thursday, pairing earlier gains as tensions between Iran and the United States eased.

read more... 03/02/2017

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