Oil slightly increased on Monday, mainly due to speculative traders, forecasts of lower U.S. inventories and news that Saudi Arabia will lower volumes of crude to some Asian buyers in July while deepening cuts to the United States.
read more... 13/06/2017
Germany will cooperate with California on climate change goals after the U.S. President Donald Trump's decision earlier this month to withdraw from the 2015 Paris agreement, which was condemned by world leaders and many in the industry.
read more... 13/06/2017
Germany's Constitutional Court ruled that the nuclear fuel tax is illegal on 7 June, raising the prospect of 6.3 billion euros refund to utilities and up to 1.5 billion euros in interest payments.
read more... 13/06/2017
An offshore drilling rig will be powered entirely from electricity produced onshore which could be a world first in a move to reduce dioxide emissions.
read more... 12/06/2017
Norwegian oil and gas companies draw a wage agreement with employees on Saturday, ending the possible strike at five oil fields.
read more... 12/06/2017