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Dutch authorities will cut Groningen gas output to limit earthquake risk

The Netherlands intends to cut down production of the Groningen gas field by 10% starting from October 2017 in order to reduce earthquake risk.

read more... 19/04/2017

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Italy: first gas field at Bezzecca in northern Italy to be developed by Saffron Energy

The Italian Ministry of Economic Development (UNMIG) greenlighted Italian oil producer Saffron Energy to start gas production at the Bezzecca gas field on 11 April 2017. Commissioning and gas production will commence in the coming days.

read more... 12/04/2017

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Daily (11.04.2017): UK prompt gas bearish amid an oversupplied system

Crude oil prices soared on Monday, buoyed by another closure at Libya’s largest oil field over the weekend and aftermath U.S. missile strike in Syria.

read more... 11/04/2017

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Statoil receives the green light for Trestakk field exploration in Norwegian Sea

Statoil received the green light from the Norwegian authorities for the Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea.

read more... 07/04/2017

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Daily (06.04.2017): Europe spot power prices diverge on heavy wind, cold weather

Crude oil prices climbed slightly on Wednesday, but retreated from one-month highs, as a support from an outage at the largest UK North Sea oil field was eclipsed by an unexpected increase in U.S. crude stockpiles to a record level, capping the gains.

read more... 06/04/2017

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