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Repsol upstream oil and gas production rises 3% in full year 2018

Spanish integrated energy group Repsol said in a regulatory filing Monday evening that its upstream oil and gas production in full year 2018 averaged 715,000 b/d of oil equivalent, in line with targets and up 3% from 2017.

read more... 23/01/2019

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Lithuania eyes role as LNG hub

Lithuania’s Klaipeda liquefied natural gas (LNG) terminal is set to increase volumes and become a regional supply hub.

read more... 23/01/2019

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Parkwind, ESB to kick-start 830 MW of Irish offshore wind partnership

Belgian offshore wind developer Parkwind NV and Irish utility ESB have agreed to collaborate on two offshore wind projects off the Irish coast, having a combined capacity of 830 MW.

read more... 23/01/2019

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Daily (22.01.2019): French spot power prices surged by 13.2% on Monday on reduced nuclear availability due to strike

Oil prices inched up on Monday amid investors’ optimism driven up by surging stock markets and signs of weaker crude production due to OPEC-led output cuts. A record crude oil refinery throughput in 2018 reported by China’s National Bureau of Statistics supported the prices. However, a slowing economy and tensions between US and China limited gains. Brent crude edged 0.1% higher at $62.74 a barrel, while WTI futures rose by 0.7% to $54.17 a barrel.

read more... 22/01/2019

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Total on course for new Nigerian oil, LNG projects

French oil group, Total, said it will approve plans to proceed with the Ikike project in Nigeria in the coming months. The firm also plans to expand its liquefied natural gas (LNG) project in the country, CEO Patrick Pouyanne said yesterday.

read more... 22/01/2019

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