Crude oil prices rose on Wednesday after the International Energy Agency (IEA) stated that a global surplus of crude was starting to shrink, even though U.S. data indicated another huge surge in domestic inventories due to Hurricane Harvey.
read more... 14/09/2017
A significant decrease in the number of nuclear newbuild projects around the world has been registered by the World Nuclear Industry Status Report (WNISR), hitting a decade low, mainly after the 2011 Fukushima disaster and due to the increasing costs of the atomic energy.
read more... 13/09/2017
An LNG import terminal is likely to be opened by the commodities trader Trafigura in Pakistan to satisfy the higher demand for gas in the emerging economies.
read more... 13/09/2017
Eni and Total have found gas while drilling offshore Cyprus near the giant Zohr gas field discovery in Egypt waters, but the anticipated quantity of the recently discovered field is too small to develop on its own, as stated by Cypriot Energy Minister Yiorgos Lakkotrypis on Tuesday.
read more... 13/09/2017
Oil prices increased on Tuesday after OPEC declared it predicted higher demand for its crude next year.
read more... 13/09/2017