Latest news
Statoil manager remains to dividend policy in spite of low oil prices
Norwegian oil and gas producer Statoil will keep on making dividend payments a major priority even if oil prices have decreased more sharply than it anticipated, obliging it to be selective over projects, as stated by its acting chief executive.
read more... 09/01/2015
Ukraine increased by 59% its gas imports from Europe in 2014
Europe increased its natural gas flows towards Ukraine by 143% year on year, or 3 billion cubic meters, to 5.1 Bcm in 2014, up from 2.1 Bcm in 2013, as reported on Monday by state-owned gas shipper UkrTransGaz. Ukraine imported European gas via Slovakia, Poland and Hungary.
read more... 06/01/2015
UK wind power breaks a new record high
Wind powered more than a quarter of British homes in 2014, according to advocacy group RenewableUK, citing statistics from National Grid.
read more... 06/01/2015
Daily: U.S. crude oil prices plunge at weakest level since April 2009
Front-month Brent crude lingered around $53 a barrel, down about $3, after falling to $52.66, its lowest level since May 2009. U.S crude eased $2.65, or 5 percent, at $50.04 a barrel, its weakest settlement price since April 2009. Crude oil prices declined as fears of an oversupply that agitated the market for the past six months deepened.
read more... 06/01/2015
Statoil launched its Valemon offshore oil and gas field
Norwegian oil and gas firm Statoil announced that the Valemon gas and condensate field in the North Sea started production on January 3.
read more... 06/01/2015