Latest news
New record for Russia in terms of oil output
Russia has set a new post-Soviet record in terms of oil production reaching something like 10.7 million barrels per day in October, or more than 530 million tons. Meanwhile, Saudi Arabia’s oil production arrived at 10.1 million barrels per day in the same period.
read more... 03/11/2015
Shell to put another costly project to the sword as oil price crashes
The oil major Royal Dutch Shell said it would axe another costly oil project, just weeks after it suddenly abandoned a $7 billion drilling venture in the Arctic.
read more... 03/11/2015
UK: an investment company acquires solar projects for £18.8 million
A UK investment firm has purchased solar projects of about 4.2MW. John Laing Environmental Assets Group (JLEN) paid for 796 projects approximately £18.8 million.
read more... 03/11/2015
Daily: British gas prices tumble on milder weather outlook, weaker consumption
Crude oil prices declined on Monday after pessimistic Chinese factory data intensified worries about energy demand in the No.2 economy, while record high Russian crude output helped to ease the global supply glut. Brent crude declined by 77 cents, or 1.6 percent, to settle at $48.79 a barrel. U.S. crude futures slipped 45 cents, or 1 percent, to close at $46.14.
read more... 03/11/2015
France and China ink $22 billion nuclear agreement on Hollande visit
France and China inked an industrial cooperation accord on nuclear waste recycling that could be estimated at 20 billion euros ($22 billion), with approximately half of the market for Areva SA, as stated by to the French government. Areva shares increased.
read more... 03/11/2015