Latest news
Lukoil drills first production well in eastern part of Yury Korchagin field
Lukoil has completed drilling of the first production well from the wellhead platform at the Yury Korchagin field in the Russian waters of the Caspian Sea.
read more... 25/07/2018
Daily (24.07.2018): French day-ahead power price rose by 13.6% on Monday due to limited nuclear supply
Oil prices dropped slightly on Monday on fears about fuel demand after G20 officials averted that global economic growth risks have intensified amongst increased trade and geopolitical tensions. Brent crude was almost flat at $73.06 a barrel. WTI futures edged 0.5% lower at $67.89 a barrel.
read more... 24/07/2018
Iberdrola gets EU loan for 1.2 GW hydropower in Portugal
The European Investment Bank will provide a EUR 650m loan to Spanish utility Iberdrola to support a three-dam hydropower project in Portugal, totalling 1,158 MW in capacity that will be operational in 2023, according to a statement on Monday.
read more... 24/07/2018
Russia’s Rosneft, Gazprom Neft mulling expansion of cooperation with Sudanese companies
Russian companies Rosneft, Gazprom Neft and Technotec are considering the option to expand cooperation with Sudanese firms, Russia’s Ministry of Natural Resources and Environment said in a statement.
read more... 24/07/2018
UK confirms auctions for offshore wind and remote island projects
The UK Government has announced a major boost for wind energy that is expected to power up to four million homes.
read more... 24/07/2018