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British Petroleum launches gas production offshore Egypt

BP started gas production from the Atoll Phase One project, offshore Egypt, company representatives announced.

read more... 13/02/2018

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Daily (13.02.2018): EU carbon prices jumped by 2.7% to attain a three-week peak

Oil markets were slightly bearish on Monday after world equities began to recover from losses in their biggest one-week decline in two years, while weaker dollar made crude cheaper for other currency holders. Brent crude slipped by 0.3% to close at $62.59. WTI crude increased by 0.2% to settle at $59.29 per barrel.

read more... 13/02/2018

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Gazprom Neft makes new oil discovery

Russian energy firm Gazprom Neft revealed it made a new find in a territory situated north of Kazakhstan which is estimated to have more than 80 million barrels of reserves.

read more... 12/02/2018

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Britain’s power capacity auction led by gas and nuclear

UK has obtained 50.41 GW of reserve power capacity for delivery in 2021-2022.

read more... 12/02/2018

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EU makes an investment of €98.2 million in renewables

The EU aims to invest €98.2 million (£86.8m) in 10 projects to back Europe’s switch to a low carbon, circular economy.

read more... 12/02/2018

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