Latest news
Kazakhstan will get from Vitol up to $5 billion for oil deals
Commodity trader Vitol has increased its export prepayment loans to state oil companies in Kazakhstan to US$5 billion, reinforcing its position in extracting Kazakh oil at a moment when the production of the central Asian nation might grow, as reported by Financial Times on Monday.
read more... 19/09/2017
Daily (19.09.2017): European carbon contracts traded 3% down on Monday on lower coal and power prices
Crude oil prices dropped slightly on Monday, but remained close to recent highs as traders braced for a potential stockpile build, likely to occur later this week.
read more... 19/09/2017
Shell aims to enter UK electricity market
Shell Energy Europe announced its intention to enter the UK ellectricity market. For the sake of electricity supply it has applied for a licence to provide power to industrial and commercial businesses in Britain. The licence should be signed now, as planned by oil giant, in order to start supplying electricity at the beginning of next year.
read more... 19/09/2017
UK prepares a scheme for domestic nuclear safeguards
As UK is preparing to exit European Union, it has planned a domestic nuclear safeguards regime, proving its responsibility of a nuclear state. The withdrawal from Euratom will not lead to poorer safeguards standards and oversight in the nation, as announced by the UK secretary of state for Business, Energy and Industrial Strategy.
read more... 18/09/2017
Azerbaijan: The deal to extend oilfield to 2049 signed by BP-led partners and SOCAR
A deal has been signed between the Azerbaijan government, the State Oil Company of Azerbaijan (SOCAR) and BP-led partners for the Azeri, Chirag, and deepwater Gunashli field (ACG) in the Caspian Sea.
read more... 18/09/2017