Latest news
BP to develop 15 trillion-cubic-foot West African gas field
BP said on Friday it will move forward with plans to develop the Greater Tortue Ahmeyin gas field located in ultradeep waters shared by Senegal and Mauritania.
read more... 26/12/2018
Daily (24.12.2018): Oil prices posted 11% weekly losses on Friday due to global oversupply
On Friday, oil crude prices extended losses, as traders were concerned about global oversupply, staying away from the market ahead of winter holidays. The price for Brent decreased by 1% to $53.82 a barrel, to hit new lows since September 2017. WTI crude traded 0.6% down at $45.59 a barrel.
read more... 24/12/2018
Vortex to exit 998-MW wind partnership with EDPR
German onshore wind projects developer Vortex Energy said today it has agreed to unload its 49% stake in a 998-MW portfolio of European wind farms to institutional investors advised by JP Morgan Asset Management.
read more... 24/12/2018
Bulgartransgaz decides to launch gas pipeline construction tender
Bulgaria's gas transmission system operator Bulgartransgaz said on Friday that it has decided to launch a tender for the construction of a new 484 km gas pipeline from compressor station Nova Provadia, which will be located some 50 km away from the Black Sea coast city of Varna, to the border with Serbia.
read more... 24/12/2018
Renewables break UK records for second quarter in a row
Renewable energy’s share of generation has broken UK records for the second quarter in a row.
read more... 24/12/2018