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Lukoil begins offshore drilling at its Romanian Black Sea perimeter

Lukoil, the third investor interested in the Romanian Black Sea gas (after OMV Petrom and Black Sea Oil and Gas controlled by investment fund Carlyle), will start drilling operations this autumn after obtaining the necessary permits, Economica.net reported.

read more... 25/07/2019

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Israel To Begin Exporting Natural Gas To Egypt Soon

Israel is set to start natural gas exports to Egypt within four months, Israeli Energy Minister Yuval Steinitz told Reuters on Wednesday.

read more... 25/07/2019

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Study shows Lithuania can build 3.35 GW of offshore wind

Lithuania can build up to 3.35 GW of offshore wind farms in its portion of the Baltic Sea, shows a study commissioned by the Ministry of Energy.

read more... 25/07/2019

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Daily (24.07.2019): EU carbon prices jumped to their 2006 peak on Tuesday, on supportive bullish signals and an expected heatwave

Crude oil prices added ground on Tuesday, after data showed a much larger-than-expected fall in the U.S. crude stocks. Meanwhile, weaker demand forecasts and the full restart of Libya’s largest oil field reduced gains. Against that backdrop, Brent crude traded 0.9% higher at $63.83 a barrel, while WTI futures closed 1% up, at $56.77 a barrel.

read more... 24/07/2019

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Japan's Tepco to decommission second, undamaged Fukushima nuclear plant: Kyodo

Tokyo Electric Power plans to scrap its Fukushima Daini nuclear station, located a few miles south of the bigger Fukushima Daiichi plant where three reactors melted down in 2011 after an earthquake and tsunami, Kyodo News reported on Wednesday.

read more... 24/07/2019

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