A retreating stock market and fears about rising U.S. crude output contributed to a fall in oil prices on Thursday to two-week lows. Brent crude declined by 3% to end at $63.83 a barrel. WTI futures dropped by 1.1% to close at $60.99 a barrel.
read more... 02/03/2018
Israel's energy minister declared that the country aims to phase out coal and eliminate gasoline and diesel fuel by 2030.
read more... 01/03/2018
China will strictly control the future expansion of solar power generation capacity and encourage more innovation, to enhance technology and reduce production costs in its rapidly-growing solar sector.
read more... 01/03/2018
Norway oil and gas operator Wintershall Norge has granted two major subsea contracts for North Sea’s Nova field estimated at around $230 million(£165 million).
read more... 01/03/2018
Oil prices continued to decline on Wednesday after official data showed a larger-than-predicted hike in U.S. crude inventories and an unexpected rise in gasoline stocks. Brent crude was down 85 cents, or 1.3%, at $65.78 a barrel. WTI futures ended 2.2% lower at $61.64 a barrel.
read more... 01/03/2018