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Romania's Transelectrica to invest 4.1 bln lei (880 mln euro) by 2027

Romanian power grid operator Transelectrica said on Friday it plans to invest 4.1 billion lei ($1 billion/880 million euro) in network development by 2027.

read more... 26/11/2018

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Israel Closes Gas Pipeline Deal with Greece, Cyprus, Italy – Report

The pipeline is intended to have a capacity of 12 billion cubic meters of gas per year.

read more... 26/11/2018

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Daily (23.11.2018): Oil prices tumbled by 1.4% to hit new one-year lows on Thursday due to a sharp rise in inventories

Oil prices reversed trend on Thursday slumping to new one-year lows, after U.S. stocks reached the highest level since December last year, adding to concerns about global oversupply. Both Brent and WTI traded 1.4% lower at $62.6 a barrel and $53.86 a barrel, respectively.

read more... 23/11/2018

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Novatek kicks off production from Yamal LNG’s Train 3

Russia’s largest independent natural gas producer Novatek started initial production of LNG at the third liquefaction train at its Yamal LNG facility.

read more... 23/11/2018

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BP begins production from £4.5bn Clair Ridge development offshore UK

BP has announced the start of oil production from the £4.5bn Clair Ridge project in the West of Shetland region offshore UK.

read more... 23/11/2018

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