Latest news
Statoil establishes tougher 2020 CO2 target to reduce increasing emissions
Norway's Statoil set a new goal on Wednesday to improve the efficiency of its oil and gas operations by 2020 to aid reduce the firm's increasing carbon dioxide emissions.
read more... 12/11/2015
CEZ intends to bring idle reactors back on line this year
Czech electricity producer CEZ intends to bring all three idle units at its Dukovany nuclear electricity station back online this year to end continued outages that cut into 2015 earnings.
read more... 12/11/2015
Daily: Crude oil plunges to the lowest level since 27 August on supply jitters
Crude oil prices reversed gains from the previous day, plunging about 3 percent on Wednesday, touching August lows, sparking new worries about growing U.S. crude stockpiles and supplies from Iraq. Brent crude declined $1.63, or 3.4 percent, to settle at $45.81 a barrel, posting a session low of $45.62, the lowest since August 27. U.S. West Texas Intermediate contract eased $1.28, or 3 percent, to close at $42.93.
read more... 12/11/2015
ENGIE to purchase LNG “made in the USA”
France will soon use liquefied natural gas from the United States to cover its energy needs, as French gas companies are not allowed anymore to exploit unconventional resources following the adoption of anti-fracking law in 2011.
read more... 11/11/2015
2015 World’s top oil and gas firms
Oil and gas firms are among the world’s largest corporations. According to 2015 Financial Times Global 500 list, among the global top 10 oil and gas companies based on net income are the. U.S. firm Exxon Mobil, which is ranked first, with a total net income of about 32.5 billion U.S. dollars, followed by Chevron U.S., PetroChina etc.
read more... 11/11/2015