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Montenegro's EPCG to sign 33 mln euro loan deal with KfW

Montenegrin power utility Elektroprivreda Crne Gore (EPCG) plans to sign a 33 million euro ($37.4 million) loan with German development bank KfW to finance the overhaul of its 307 MW hydropower plant (HPP) Perucica, a company official said.

read more... 05/03/2019

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Aker Energy announces successful drilling results offshore Ghana

Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) Block, announces that it encountered oil in the Pecan South-1A well, offshore Ghana. A sidetrack will now be drilled to further appraise the volume potential.

read more... 05/03/2019

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Daily (4.03.2019): WTI crude plunged by 2.5% on Friday, amid declining U.S. manufacturing data

Crude oil prices fell on Friday amidst bearish U.S. manufacturing data that triggered concerns over global energy demand growth. Brent crude fell by 1.5% to 65.07 USD/bbl, while WTI futures plunged by 2.5% to 55.80 USD/bbl.

read more... 04/03/2019

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Russia becomes Europe’s top LNG supplier in February

Russian deliveries of liquefied natural gas (LNG) to Europe have reached record levels in February taking the top spot among suppliers.

read more... 04/03/2019

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Equinor spuds Verbier appraisal well

Equinor has started drilling operations on Verbier appraisal well in the UK North Sea using the semi-submersible rig West Phoenix.

read more... 04/03/2019

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