Russian gas monopoly Gazprom and national holding company Uzbekneftegaz have discussed the bilateral cooperation between the companies, focusing on the joint development of the Shakhpakhty field in the former Soviet republic.
read more... 12/07/2018
Siemens Gamesa Renewable Energy will supply two onshore wind farms in South Africa with 109 turbines with a combined capacity of 250 megawatts (MW), the company announced Wednesday.
read more... 12/07/2018
Oil prices rose on Tuesday, supported by a higher-than-expected U.S. stock draw and supply worries in Norway and Libya. Brent crude increased by 1% to $78.86 a barrel. WTI crude edged 0.4% higher at $74.11 a barrel, following Mike Pompeo’s comments on exceptional waivers over Iranian sanctions.
read more... 11/07/2018
The Russian government is extending a production sharing agreement with France's Total for development of the Kharyaga oil field by 13 years to the end of 2031, in the latest sign that many Western majors' operations in Russia are continuing despite sanctions on the oil sector.
read more... 11/07/2018
BP Ventures has invested £1.5m in London-based energy monitoring company Voltaware.
read more... 11/07/2018