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Equinor to buy Barra's 10% stake in Brazil's Carcara
Barra Energia CEO Renato Bertani (left), and Anders Opedal, Equinor Brazil country manager (right). Photo courtesy of Equinor.
read more... 05/07/2018
EBRD approves 500 million euro TAP loan in boost for developers
A major European development bank has approved a loan for construction of the Trans-Adriatic Pipeline (TAP) on Wednesday, in a boost for the developers of the 4.5 billion euro (3.97 billion pounds) gas project.
read more... 05/07/2018
Daily (04.07.2018): German day-ahead electricity price gained almost 7% on Tuesday due to lower wind generation
Oil prices rose slightly on Tuesday, due to imminent U.S. sanctions against Iran and an outage at Syncrude Canada facility that reduced crude supplies. Brent crude soared by 0.6% to $77.76 a barrel. WTI crude edged 0.3% higher at $74.14 a barrel, reaching a new peak since the end of 2014.
read more... 04/07/2018
Gazprom boosts natural gas production to solidify top position in Europe
Russia’s top gas producer Gazprom is ramping up production to increase exports abroad and continue to be Europe’s largest supplier.
read more... 04/07/2018
Exxon, Total Win Tender to Explore for Oil and Gas Off Greece’s Crete
A consortium of U.S. Exxon Mobil , France’s Total and Hellenic Petroleum has been awarded a tender to explore for oil and gas off Greece, the energy ministry said on Tuesday.
read more... 04/07/2018