Latest news
Azerbaijan eyes to greatly increase gas production
Azerbaijan plans to increase gas production to 47.6 billion cubic meters in 2025, Elshad Nassirov, vice president for marketing and investments of Azerbaijan’s state oil company SOCAR, said in an interview with Platts, Trend reports.
read more... 27/03/2019
Enviro nod sought for 500-MW solar-plus-storage park in UK
A joint venture between Germany’s Wirsol and UK-based Tribus Clean Energy has unveiled plans for the construction of an up to 500-MW solar-plus-storage complex in England.
read more... 27/03/2019
BP establishes $100M fund for projects for emissions reductions
BP has established a $100 million fund for projects that will deliver new greenhouse gas (GHG) emissions reductions in its Upstream oil and gas operations, Trend reports citing a message from the company.
read more... 27/03/2019
Daily (26.03.2019): NBP spot down by 2.5% on Monday due to stronger Norwegian flows
Oil prices had a mixed evolution on Monday, amid concerns over a potential decline in crude supply ahead of the weekly U.S. inventories data. WTI futures traded 0.4 % down at 58.82 USD/bbl. In the meantime, the Brent crude price edged 0.3% up at 67.21 USD/bbl, supported by steady OPEC’s production cuts and an improved German business climate index which eased the prospect of a recession in Europe's biggest economy.
read more... 26/03/2019
Spanish coal imports rise as domestic mines close
Spanish coal imports increased 12% on the year to 1.5 million mt in January after 26 unprofitable domestic coal mines were closed at the start of the year, data published Monday by Spanish customs showed.
read more... 26/03/2019