Latest news
West of Shetland deal provides big boost for oil and gas industry
Norwegian oil and gas giant Equinor has shown huge confidence in the potential of the West of Shetland area by striking a deal to buy in to Rosebank, which it described as one of the biggest undeveloped finds on the UK Continental Shelf.
read more... 02/10/2018
Rostov unit 4 enters commercial operation
Unit 4 of the Rostov nuclear power plant in Russia has entered commercial operation three months ahead of schedule, state nuclear corporation Rosatom has announced.
read more... 02/10/2018
Vattenfall to provide climate-smart energy in France
Swedish Vattenfall will offer retail customers climate-smart energy with the goal of helping reduce dependency on fossil fuels starting from Monday, Oct. 1, the company announced Monday.
read more... 02/10/2018
Daily (01.10.2018): Brent oil jumped to a four-year high on Friday anticipating Iran sanctions
Oil prices earned more than $1 a barrel on Friday, reaching a new four-year high, as U.S. sanctions against Iranian exports tightened global supply. Even if other main exporters such as Saudi Arabia pumped more oil, Brent crude edged 1.2% higher at $82.72 a barrel. Meanwhile, WTI crude surged by 1.6% to $73.25 a barrel, supported by a report on a stagnant rig count in the U.S.
read more... 01/10/2018
Coal in oversupply in Poland: CEO of coal-mining giant
Chairman of state-owned PGG, the country’s biggest coal mining firm, Tomasz Rogala has said that increased coal imports to Poland have led to excess supplies in some segments of the market, Poland’s PAP news agency reported.
read more... 01/10/2018