Latest news
Eni achieves the sale of 10% in Zohr gas Field, offshore Egypt
The Italian energy major Eni has inked a deal in Cairo on February 13 to complete the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt, which includes the supergiant Zohr gas field.
read more... 14/02/2017
EIA: US shale oil production to soar by 80,000 barrels a day in March
The EIA forecasts U.S. shale oil production to rise in March at the highest pace since May last year, given that energy companies are increasing their drilling activities, taking advantage from crude prices hovering over $50 a barrel.
read more... 14/02/2017
EC approves three French initiatives to produce 2,600 MW of renewable energy
The European Commission (EC) gave the green light to a state aid for the development of 2,660MW of renewable energy schemes in France.
read more... 14/02/2017
Daily (14.02.201): Crude oil benchmarks hit the largest percentage decline since Jan.18
Crude oil prices tumbled by about 2 percent, the lowest level since mid-January, dragged down by a stronger dollar and evidence of increasing U.S. crude output.
read more... 14/02/2017
PetroChina expects a boost of 7% in 2017 natural gas sales on year
China's largest energy giant PetroChina targets to realize sales of 150 billion cubic meters of natural gas this year, or an increase from approximately 140 billion in 2016, state-controlled China Energy News declared on Saturday.
read more... 13/02/2017