Area with these licenses contain recoverable resources estimated at more than 500 million barrels of oil equivalents
read more... 12/06/2020
Crude oil prices gained ground on Wednesday despite news that crude oil stockpiles rose by 5.7 million barrels last week, as shown by EIA. Hence, Brent crude for August delivery rose by 55 cents, or 1.3%, to settle at $41.73 a barrel. At the same time, U.S. WTI crude gained 66 cents, or 1.7%, to end at $39.60 after falling more than 2% in the session.
read more... 11/06/2020
A newly-established industry consortium today unveiled plans for the construction in Norway of Europe’s first commercial plant for hydrogen-based renewable aviation fuel.
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Gazprom has become the first Russian company that computed the volume of emissions with the use of the global temperature change potential for the 100-year period
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The funding will support the development of 128 solar power plants with a total power of 121MW
read more... 11/06/2020