Latest news
BP will invest $200 million in solar development firm Co. Lightsource
Oil producer British Petroleum (BP) will make an investment of $200 million in Europe’s major solar development company, Lightsource, as stated by BP on Friday.
read more... 18/12/2017
BBL pipeline to convey UK gas to Netherlands from 2019
The transmission of gas from Great Britain to the Netherlands via the BBL pipeline is likely to start from autumn 2019. At present, the only way to transport gas is via the pipeline from the Netherlands to the UK.
read more... 18/12/2017
Daily (18.12.2017): The German day-ahead power contract traded 19% down on Friday due to higher wind forecasts
Oil prices were mixed on Friday, lingering below two-year peaks on Friday as the ongoing outage of a North Sea pipeline and OPEC-led output cuts supported prices, while increasing U.S. production kept a lid on gains. Brent crude futures were down 8 cents at $63.23 a barrel. U.S. West Texas Intermediate (WTI) crude futures surged by 26 cents, or 0.5% to $57.30 a barrel.
read more... 18/12/2017
The largest natural gas storage unit in the UK to close
The U.K. consented to a demand from the operators directed to close the old Rough Natural Gas Storage unit. The facility is situated in the North Sea and is the biggest one in the British state.
read more... 15/12/2017
Exxonmobil finalizes LNG purchase in Mozambique
ExxonMobil, the biggest publicly traded international oil and gas energy firm, declared that it accomplished the transaction of liquefied natural gas purchase in Mozambique’s Area 4 block.
read more... 15/12/2017