Iranian Oil Minister Bijan Namdar Zanganeh said the country plans to construct an LNG park with an annual capacity to produce three million tons of liquefied natural gas.
read more... 07/10/2019
Crude oil prices firmed on Friday following a 1% decline in U.S. unemployment rate that reached a near 50-year low of 3.5%. Hence, Brent crude rose by 1.1% to $58.37 a barrel, while WTI futures added 0.7% to settle at $52.81 a barrel.
read more... 07/10/2019
Spanish company Enerside will begin construction works in the first quarter of 2020 on a 322.06-MWp solar park in Piaui, the state government announced on Friday.
read more... 07/10/2019
Shell and its partner Ithaca Energy have taken a final investment decision to build new gas production facilities at the UK's Pierce field in the Central North Sea.
read more... 07/10/2019
Equinor and its partners have started production from the phase 1 of the NOK124bn ($13.63bn) Johan Sverdrup project in the Norwegian part of the North Sea.
read more... 07/10/2019