Latest news
Hungary wants huge increase in solar power production
Hungary will promote renewable energy by simplifying rules on the building of small solar power facilities and subsidizing loans to landowners.
read more... 19/12/2017
UK obtains gas from Russia for Christmas, despite US sanctions
For the first time this month, the United Kingdom will receive direct delivery of Russian gas, after concerns for a winter supply crisis encouraged prices. The agreement is contentious as the Russian gas project, which is the provider, is under the US sanctions against Moscow.
read more... 19/12/2017
Statoil acquires from Petrobras a 25% stake in Brazil field
Norway’s energy company Statoil purchased 25 percent stake of the huge Roncador petroleum field in the Campos Basin in Brazil from Petrobras.
read more... 19/12/2017
Daily (19.12.2017): European carbon prices soared by over 3% on Monday
Benchmark Brent crude prices edged higher on Monday, buyout by a North Sea pipeline outage and a workers' strike in the Nigerian energy industry, but U.S. prices slid slightly, highlighting worries about increasing U.S. production. Brent crude futures traded 18 cents, or 0.3%, up at $63.41. U.S. crude futures fell 14 cents to $57.16.
read more... 19/12/2017
Russia's Rosneft obtained licenses from Venezuela for two gas fields
Russian oil giant Rosneft obtained from Caracas licenses for the development of two offshore gas fields.
read more... 18/12/2017