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Scottish government awards almost a quarter of a million pounds to fund investigation in geothermal sector

Five projects to explore the possibility of sites in Scotland producing geothermal energy have received funding from Scottish government.

read more... 18/06/2015

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Poland estimates first LNG shipping to Baltic Sea terminal in autumn

Poland's recently selected treasury minister Andrzej Czerwinski declared on Wednesday that first deliveries of liquefied natural gas (LNG) to the terminal at the Baltic Sea will probably come in autumn.

read more... 18/06/2015

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Low oil prices affect $200 billion in mega-projects

Deepwater oil projects and complex gas facilities estimated at approximately $200 billion have been annulled or delayed worldwide in latest months because of the sharp decline in oil prices over the past year, as stated on Tuesday by consultancy Ernst and Young.

read more... 17/06/2015

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Daily: WTI crude oil edges up as Texas faces tropical storm

U.S. crude prices rallied on Tuesday as a tropical storm approached the oil-producing state of Texas, but global supply glut curbed gains and dragged down Brent futures. WTI crude for July delivery boosted 45 cents to close at $59.97 a barrel, having fluctuated from $59.42 to $60.37. Brent front-month August crude fell 25 cents to settle at $63.70, off its $64.41 intraday peak and below Brent's 50-day moving average of $64.01.

read more... 17/06/2015

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Gazprom wants to have responses on Sakhalin-2 growth in 2016

Gazprom, a shareholder in Russia's single liquefied natural gas (LNG) plant, Sakhalin-2, wants to be able to respond to questions about the plant's growth next year, as stated by Deputy CEO Alexander Medvedev on Tuesday.

read more... 17/06/2015

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