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Energean begins production from Epsilon oil field offshore Greece

Energean Oil and Gas has started production from the Epsilon oil field located in the Gulf of Kavala in the Aegean Sea off the coast of northern Greece.

read more... 10/04/2019

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Total signs agreement with Oman’s Ministry of Oil and Gas for Block 12

French energy major Total announced that it has signed a heads of agreement (HoA) with Oman’s Ministry of Oil and Gas (MOG) for the awarding of an exploration license on Block 12 with significant prospective gas resources to Total.

read more... 10/04/2019

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Engie, Suez cut ribbon on first site from 1 GW solar roll-out at waste facilities

French utility Engie SA and waste management company Suez inaugurated on Monday the first solar power plant under their joint initiative to install 1 GW of photovoltaic (PV) systems at recycling and recovery waste storage facilities in France.

read more... 10/04/2019

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Daily (09.04.2019): WTI crude at its 5-month high on Monday due to conflict in Libya

Crude oil prices increased on Monday, bolstered by concerns that civil unrest in Libya could lead to a tighter crude supply. OPEC’s production cuts as well as U.S. sanctions against Iran and Venezuela also supported prices. Brent crude price rose by 1.1% to $71.10 a barrel. Meanwhile, WTI futures hiked by 2.1% to $64.40 a barrel, after data showed a drop in the crude inventories at the WTI delivery point in Cushing, Oklahoma.

read more... 09/04/2019

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Dunkirk LNG terminal receives 50th cargo

France’s Dunkirk liquefied natural gas (LNG) import terminal received its 50th cargo of liquefied natural gas.

read more... 09/04/2019

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