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UK government announces plan to close coal plants

One of the UK’s eight remaining coal power stations is likely to stop producing power this year, according to a statement made by the government. The UK representatives laid out new regulations that will oblige all the plants to close by 2025.

read more... 09/01/2018

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Green gas might help attain Scotland’s energy goals

Green gas could substantially help Scotland reach goals established in its recent Energy Strategy.

read more... 09/01/2018

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Exxon Mobil discovers major oil reserves off Guyana

Exxon Mobil Corp declared that it had found a major oil reservoir off the coast of the South American state of Guyana.

read more... 09/01/2018

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Daily (09.01.2018): EU carbon prices dropped by 1.5% on Monday

Oil prices were little changed on Monday, trading close to their highest levels since May 2015, as political worries in several OPEC countries counterbalanced forecast for higher U.S. oil output. Brent futures gained 16 cents, or 0.2 percent, to settle at $67.78 a barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude edged 29 cents, or 0.5 percent, higher at $61.73.

read more... 09/01/2018

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The exploration expenses of the big oil companies decline for the fifth year in a row

Despite the strongest beginning for oil prices in the last four years, the major oil companies in the world are not very eager to hasten the search for new resources as their willpower to retain capital discipline surpasses the hope of making successful discoveries.

read more... 05/01/2018

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