BP has rose its share in the $12 billion West Nile Delta gas field in Egypt to more than 80 percent after purchasing a stake from DEA, the energy company possessed by Russian billionaire Mikhial Fridman.
read more... 20/05/2015
Crude oil declined more than 3 percent on Tuesday, with WTI crude prolonging losses for a fifth consecutive day as the dollar firmed and on news that the Unites States and top oil exporter Saudi Arabia were pumping a bigger quantity that needed. Brent crude declined by $2.25 to settle at $64.02 a barrel, while U.S. crude's front-month contract fell $2.17 to end at $57.26.
read more... 20/05/2015
Conergy, once Europe's major solar company by sales, declared it was planning to buy up to two firms in 2015 to expand before it goes public.
read more... 20/05/2015
Finnish-Estonian electricity interconnection Estlink-2 will be available for trading power in the day-head market from Wednesday after being resumed on Monday evening, as stated by Estonia's grid operator Elering.
read more... 20/05/2015
Crude oil decreased on Monday as a stronger dollar and worries of increasing oversupply weighted on the market after Saudi Arabia announced its highest crude exports since November 2015. Brent crude lost 54 cents to settle at $66.27, after hitting a high of $67.88. U.S. crude futures dropped 26 cents to close at $59.43 a barrel.
read more... 19/05/2015