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Coal mine in Germany to be converted into a hydroelectric battery

RAG AG-owned Prosper-Haniel hard coal mine, located in the German state of North-Rhine Westphalia, will be transformed into a big battery that stores excess solar and wind energy.

read more... 23/03/2017

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Leading oil companies ready to spend money in Gulf of Mexico bidding

European Royal Dutch Shell plc, American Chevron Corp and Exxon Mobil Corp have announced the oil industry's return to the Gulf of Mexico's deep waters with greater bids in a government auction up 76 % over a year ago.

read more... 23/03/2017

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Daily (23.03.2017): British prompt gas prices fall on oversupply from Norway

Oil prices recuperated much of their losses after decreasing to almost four-month lows on Wednesday, as data indicated that U.S. crude inventories rose faster than anticipated.

read more... 23/03/2017

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Great Britain: IGas receives approval for shale gas exploration

Nottinghamshire County Council gave the green light on Tuesday for shale gas developer IGas to elaborate a shale gas well site and drill an exploratory well at Tinker Lane.

read more... 22/03/2017

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Russia keeps the world oil leading position in January

Russia maintained the leading position as the world biggest oil producer in January - for a second month in a row, as stated by official data.

read more... 22/03/2017

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