Latest news
Daily: UK gas slips on oversupplied system
Brent crude futures declined on Thursday as the North Sea Buzzard oilfield was expected to restart after maintenance and on worries about the euro-zone economy. Brent crude for delivery in December dropped 53 cents or 0.49 percent, settling at $108.17 a barrel, having traded from $107.75 to $109.03.
read more... 02/11/2012
Norway: Statoil to connect its onshore power to North Sea fields
Norwegian energy giant Statoil envisages connecting onshore power to some North Sea oil and gas fields by 2018, move which will cost 10 billion crowns ($1.75 billion) investment that could potentially slash its future tax bill.
read more... 02/11/2012
China launches a solar anti-dumping probe in Europe
China’s Ministry of Commerce announced on Thursday that it has launched a trade investigation into solar panels ingredients imported from Europe.
read more... 02/11/2012
Cyprus awards four offshore gas exploration licenses
Cyprus government announced that it awarded four provisional licenses for gas exploration in offshore blocks as part of the second licensing round launched in February.
read more... 02/11/2012
Japan’s Hitachi to build nuclear power plants in the UK
The Japanese company Hitachi has announced on Tuesday that it intends to buy from German utilities E.ON and RWE the nuclear venture Horizon, for a total of 696 million pounds, and added that it was already in negotiations to find another company to manage the plants after they are built.
read more... 01/11/2012