BP started gas production from the Atoll Phase One project, offshore Egypt, company representatives announced.
read more... 13/02/2018
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
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
UK has obtained 50.41 GW of reserve power capacity for delivery in 2021-2022.
read more... 12/02/2018
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