Oil prices dropped by around 3 percent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and U.S. crude increased more than 8 percent in the previous session.
read more... 01/09/2015
Russia's Gazprom will ink a memorandum of understanding (MOU) with CNPC on conveying gas to China during President Vladimir Putin's visit to Beijing this week, according to a Kremlin supporter on Monday.
read more... 01/09/2015
Maersk Oil has obtained authorization by the UK's Oil & Gas Authority to develop the biggest gas field found in the UK North Sea in more than a decade, as stated by the Danish oil firm on Monday.
read more... 01/09/2015
France has increased its target for installed solar energy capacity from 5,400 MW to 8,000 megawatts by 2020, as stated by the energy ministry on Monday.
read more... 01/09/2015
Crude oil futures increased on Friday, adding to their major one-day rally in over six years the day before, due to recovering equity markets and news of reduced crude supplies.
read more... 28/08/2015