Latest news
Greece awards 437.8 MW in renewables auction, Juwi secures almost half
Greece’s Regulatory Authority for Energy (RAE) has awarded 437.78 MW of power generating capacity in its recent mixed-technology renewable energy tender, with Juwi Hellas securing 47% of the total volume.
read more... 24/04/2019
Czech EPH to buy two power plants in Northern Ireland
Czech-based coal mining and energy group EPH will buy two plants, a gas-fired facility in Ballylumford and a coal-fired one in Kilroot.
read more... 24/04/2019
Lukoil reaches 100 MMt of oil at West Qurna-2 field
Cumulative production at the West Qurna-2 field has reached 100 MMt of oil as part of successful implementation of Phase 1 of the project. With 184 wells drilled at the field, the average daily production rate is 400,000 bbl.
read more... 24/04/2019
Daily (23.04.2019): Oil prices surged by 2.9% on Monday after U.S. commitment to cancel waivers on Iranian crude imports
Crude oil prices jumped to a 2019 high on Monday, on prospects of a tighter supply raised by U.S. commitment to end all sanction waivers as of May 1 for the eight countries that import Iranian oil. Ongoing U.S. sanctions against Iran and Venezuela, as well as OPEC’s production cuts also supported prices. Brent crude soared by 2.9% to $74.04 a barrel, while WTI futures surged by 2.4% to $65.55 a barrel.
read more... 23/04/2019
Gazprom sees output falling as European gas demand declines
Gazprom PJSC forecasts a conservative natural gas production outlook for 2019, based on warm weather and growing competition from Russian-piped super-chilled fuel.
read more... 23/04/2019