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Pavilion Energy mulls over role in $25.5 billion Arctic LNG 2 project
Pavilion Energy is mulling over its participation in the US$25.5 billion liquefied natural gas (LNG) project dubbed Arctic LNG 2, to be developed by Russia’s largest independent gas producer, Novatek.
read more... 13/11/2018
Oil, gas majors spending 1.3% of investment on green energy
Top oil and gas companies invested only around 1.3% of their total capital expenditure this year on clean energy.
read more... 13/11/2018
Bosnia's Federation aims at 44% share of renewable energy in 2020
Bosnia's Federation government targets a 44% share of renewable energy in the entity's electricity mix in 2020, it said.
read more... 13/11/2018
Daily (12.11.2018): German electricity spot price fell by 27.6% on Friday due to an oversupplied system
Stronger global supply alongside increased fears over lower rhythm of demand growth led to bearish oil prices on Friday. Brent crude lost $0.47, or 0.7% to end at $70.18 a barrel. WTI futures traded $0.48, or 0.8% lower at $60.19 a barrel.
read more... 12/11/2018
Saudi Arabia, Russia discussing possible oil-production cuts
Saudi Arabia's energy minister said Sunday that the kingdom will reduce exports by about 500,000 barrels a day from November to December. Khalid al-Falih made the comment at a meeting of oil producers in Abu Dhabi.
read more... 12/11/2018