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Statoil unveils strong increase in exploration drilling in 2017

Statoil, the Norwegian multinational oil and gas company, announced that it plans to drill around 30 exploration wells in 2017, an increase of around 30 percent compared to last year. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).

read more... 05/01/2017

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RWE: New initiative for port of Duisburg

Utility RWE and Duisport have committed to jointly create the necessary infrastructure to use LNG (liquefied natural gas) in the Duisburg port.

read more... 05/01/2017

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Daily (05.01.2017): German spot electricity contract surges 85% on cold snap, decrease in wind supply

Crude oil prices rebounded about 2 percent on Wednesday on expectations that U.S. crude stockpiles will decline and on signs that the world's top oil exporters will cut the output as agreed, move that took effect this week. Global benchmark Brent crude futures boosted 99 cents, or 1.8 percent, to close at $56.46 a barrel. U.S. West Texas Intermediate crude futures rose by 93 cents to settle at $53.26 a barrel, also a 1.8 percent gain.

read more... 05/01/2017

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EDF: Dunkirk LNG terminal goes commercial

On 1 January 2017, commercial operations were launched at the Dunkirk regasification terminal in northern France.

read more... 04/01/2017

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Direct Energie completes the acquisition of a combined cycle gas turbine in Belgium

The group Direct Energie, third largest gas and power supplier in France, unveiled it completed the acquisition of the entire share capital of Marcinelle Energie, Belgian subsidiary of the Italian group Enel.

read more... 04/01/2017

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