Latest news
UK offshore oil and gas production up by a fifth over past five years
UK offshore oil and gas production has increased by a fifth over the past five years, following 14 years of decline.
read more... 20/03/2019
Ofgem backs 600MW Shetland grid link
UK energy regulator Ofgem said is it minded to approve construction of a 600MW subsea interconnector from Shetland to mainland Scotland to support renewables expansion.
read more... 20/03/2019
EU grants funds for Polish LNG terminal expansion
The European Commission has approved €128 million to support the expansion of the Polish LNG terminal in Świnoujście.
read more... 20/03/2019
Daily (19.03.2019): NBP gas prices continued to fall by around 1% on Monday due to oversupply
Crude oil prices inched up on Monday supported by the extension of OPEC-led supply cuts and a decline in U.S. crude inventories. Brent crude edged 0.6% higher at $67.54 a barrel, while WTI futures traded 1% higher at $59.09 a barrel.
read more... 19/03/2019
Azerbaijan suspends pumping oil through Baku-Novorossiysk
According to Azerbaijan´s Trend, the country has suspended oil pumping through Baku-Novorossiysk, said Ibrahim Ahmadov, Deputy Head of the Public Relations Department at SOCAR.
read more... 19/03/2019