Latest news
Daily: European power prices slip on colder weather, weak demand and stronger wind output
Brent crude has retreated above $114 a barrel on Tuesday, spurred by continuing violence in Iraq, supply disruptions in Libya and expectations of a slump in U.S. crude stockpiles.
read more... 25/06/2014
Scotland: No wind farms in national parks
The latest planning policies from the Scottish Government, the National Planning Framework 3 (NPF3) and Scottish Planning Policy (SPP), include measures to reduce the impact of “fracking” on communities and banning wind farms from Scotland’s national parks.
read more... 24/06/2014
Iran eyes purchasing and storing gas in Azerbaijan
Iran has expressed its interest in buying Azerbaijani gas and is considering the option to store its gas in the underground gas storage facilities of this country, declared Iran's Deputy Minister of Industry, Mine and Trade Mojtaba Khosrow-Tajat a press conference in Baku.
read more... 24/06/2014
Daily: Brent crude posts the largest one-day decline in seven weeks as Iraq supply worries ease
Brent crude posted its sharpest one-day decline in seven weeks on Monday as worries about disruptions to Iraqi crude supplies begun to ease given that exports have so far been unaffected by a Sunni Islamist rebellion. Iraq carries 90 percent of its crude exports from southern terminals, which are far away from the Sunni insurgency.
read more... 24/06/2014
Spain’s Repsol unveils a significant hydrocarbon discovery in West Siberia
Spanish oil major Repsol unveiled it made two new hydrocarbon discoveries in relatively unexplored side of West Siberia. If combined, the two discoveries represent Russia’s largest hydrocarbon find for two years.
read more... 24/06/2014