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EDF considers construction of new gas-fired power plant in UK

French utility EDF mulls new gas-fired power plant beside one of its existing plants at West Burton in Nottinghamshire, in the northeast of England.

read more... 09/03/2017

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Algeria’s Sonatrach to extend the LNG deal with Engie in March

Algeria’s state energy company Sonatrach is likely to extend a deal with French gas and power group Engie to supply 10 billion cubic meters of LNG per year.

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Daily (09.03.2017): Oil prices dropped by 5% at the lowest level this year

Oil prices registered on Wednesday a 5 percent decrease to their lowest levels this year as U.S. crude inventories jumped to a new record high, increasing worries that a global surplus might last even with OPEC trying to sustain prices with production cuts.

read more... 09/03/2017

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Statoil vows to slash greenhouse gas emissions by 3 mln tonnes 2030

Norwegian energy giant Statoil pledges to cut its annual carbon dioxide emissions by 3 million tonnes a year by 2030 from 2017 levels and become more efficient as part of efforts to combat climate change.

read more... 09/03/2017

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Daily (08.03.2017): UK prompt gas prices pressured by comfortable supply, lower demand

Crude oil prices closed little changed on Tuesday, as growing U.S. production expectations counterbalanced earlier gains after Saudi Arabia’s oil minister declared market fundamentals are recovering.

read more... 08/03/2017

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