Latest news
Gazprom launches an innovative product to remediate oil spills
Russian energy giant Gazprom launched an innovative product that can help degrade oil spills.
read more... 11/07/2016
Daily: Prompt gas prices in Britain decline as firmer supplies eclipsed demand
Crude oil prices rebounded in volatile trading on Friday, but Brent posted its largest weekly decline in nearly six months, as optimistic U.S. jobs data, but pressured by the increasing number of wells in operation in the U.S. Brent crude futures closed the session up 36 cents, or 0.8 percent, at $46.76 per barrel, after trading between $47.23 and $46.15. U.S. crude's West Texas Intermediate (WTI) futures rose by 27 cents to settle at $45.41, compared with an earlier decline to $44.77 and a peak of $45.97.
read more... 11/07/2016
DECC unveils a shocking cost for Hinkley Point C nuclear project-£37bn
The total lifetime cost of the proposed Hinkley Point C nuclear power plant may rise at £37bn according to an assessment published by the UK government.
read more... 08/07/2016
Chinese power firms interested in partnership with Greek power utility PPC
China's energy firms revealed their interest in creating a partnership with Greece's main power utility Public Power Corp (PPC) in the Balkan region.
read more... 08/07/2016
Daily: WTI crude dips to 2-month low on stockpiles draw disappointment
Crude oil prices plunged by about 5 percent on Thursday, reversing previous gains, with market expressing its disappointment of a lower than expected draw in U.S. crude inventories. Brent crude oil futures eased $2.37, or 4.8 percent, to settle at $46.43 per barrel on Thursday. It jumped 1.6 percent earlier to a session peak of $49.59. WTI closed at $45.14 a barrel, down $2.29, or, 4.83 percent, breaking through the $46 resistance level, posting at its lowest level since May 10.
read more... 08/07/2016