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Croatia says four companies to invest 78 mln euro in oil or gas exploration
The four companies, which have just received six oil and gas exploration and exploitation licences for locations in northern Croatia, are expected to invest some 78 million euro ($85.3 million) in exploratory activities, energy minister Tomislav Coric said.
read more... 04/09/2019
EDF Energy extends Hunterston B-7 nuclear reactor outage to Jan. 15
EDF Energy, the British arm of French utility EDF, has extended an outage at its Hunterston B-7 reactor to Jan. 15, 2020, it said on its website.
read more... 04/09/2019
Daily (03.09.2019): EU carbon prices sank by over 4% on Monday, amid growing Brexit turmoil
Crude oil prices remained bearish on Monday, as the recent import tariffs resulting from the latest trade war escalation between the U.S. and China have started to apply, raising concerns over a tighter demand outlook. The impact of Hurricane Dorian near the Florida coast also posed a threat for the crude demand. Further downward pressure came from higher oil production by OPEC members in August, for the first month this year. As a result, Brent crude dropped by 2.9% to $58.66 a barrel, while WTI futures lost 0.5% to settle at $54.84 a barrel.
read more... 03/09/2019
Romania's Transgaz, BSOG proceed with MGD gas delivery project
Romanian gas transmission company Transgaz and Black Sea Oil & Gas have signed an agreement to build a 24.37 km pipeline that will feed gas from Black Sea wells into the system, the economy ministry said on Friday.
read more... 03/09/2019
Novatek wins license to support new LNG project
Russian independent gas producer Novatek said its Arctic LNG 1 subsidiary has won a 27-year exploration and production license in the Yamal region, paving the way for a new liquefied natural gas (LNG) project.
read more... 03/09/2019