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Russia keeps the world oil leading position in January

Russia maintained the leading position as the world biggest oil producer in January - for a second month in a row, as stated by official data.

read more... 22/03/2017

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What are Non Commodity Costs and How They Affect Your Business

Compared to previous years, we can see that the wholesale electricity market in the UK is low. More specifically, average wholesale electricity prices for the past 5 years have fallen more than 14%, with the strongest downturn from 2013 to the end of 2016, when prices declined more than 23%.

read more... 22/03/2017

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Global CO2 emissions flat for third consecutive year

Global emissions of CO2 stayed flat for the third consecutive year, despite a growth in the economy. According to the International Energy Agency report, the global emissions from the energy sector stood at 32.1 gigatonnes in 2016, unchanged from the previous two years, while the economy grew 3.1%

read more... 21/03/2017

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Mediterranean's Levant Basin to be explored by Total, Eni, Exxon Mobil and Qatar Petroleum

France's Total, Italy's Eni, Exxon Mobil and Qatar Petroleum received the green light from Cyprus's lawmakers to explore for oil and gas the offshore areas south of the island.

read more... 20/03/2017

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E.ON: Rampion Offshore Wind Farm achieves its final phase

The first from 116 wind turbines was installed last week at E.On's Rampion Offshore Wind Farm, marking the beginning of the last phase of the project launched in the English Channel, nearby Sussex.

read more... 17/03/2017

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