Russian oil major Rosneft declared on Sunday it inked a cooperation deal with CEFC China Energy Company for joint exploration in Siberia.
read more... 05/09/2017
The Hurricane Harvey shook up the US biodiesel market, boosting prices to near a five-month high, while the boho factor dropped to a three-month low.
read more... 04/09/2017
Renewables and nuclear record hit by major producers The share of low carbon electricity generation by big electricity producers increased by 7.2% to a record high of 50% in the second quarter of this year, as indicated by new data published by the Department for Business, Energy and Industrial Strategy (BEIS).
read more... 04/09/2017
A feasibility study is expected by Eni (Italy) on the expansion of oil and gas fields in Iran. There have already been concluded two agreements on the matter in question. The results of the studies will be available within 6 months.
read more... 04/09/2017
The Green party pledges to stop oil exploration in Norway and phase out production within 15 years. Norway's number one industry accounts for half of national exports and employs over 180,000 people. The greens have been gradually gathering support over the past 4 years and are polling at about 5% of the votes, underlining changes in Norwegian society and divisions over the future of oil.
read more... 01/09/2017