Russian oil company Lukoil and Romanian gas producer Romgaz will drill several exploration wells in the Black Sea Trident perimeter.
read more... 22/08/2018
Oil crude prices continued their bullish trend on Monday, as investors were more worried about reduced supplies from Iran due to U.S. sanctions and less concerned that U.S-China trade tensions might lead to lower demand. Brent crude increased by 0.5% to $72.21 a barrel, after several declines. Meanwhile, WTI crude settled 0.8% higher at $66.43 a barrel.
read more... 21/08/2018
Premier Oil has made final investment decision for the development of the Tolmount Main field in the UK North Sea.
read more... 21/08/2018
A business park in Buckinghamshire has announced plans to build a subsidy-free solar power plant.
read more... 21/08/2018
Russia is expected to lead the working gas storage capacity additions by 912 billion cubic feet (bcf) by 2022, followed by China and Turkey with 375 and 340 bcf, according to data and analytics company GlobalData on Monday.
read more... 21/08/2018