Latest news
UK: BP confirms oil production from Kinnoull field in Central North Sea
UK’s oil major BP unveiled the start of oil production from Kinnoull field in the central North Sea, marking BP’s seventh and final major upstream project start-up in 2014.
read more... 05/01/2015
UK connects to the grid its largest solar power farm
The largest solar farm in the UK, able to power 14,000 households, has been connected to the national grid in Oxforshire.
read more... 05/01/2015
Daily: Crude oil prices fell after a volatile trading
Brent crude oil declined by a dollar on Friday following a day of nervous trading despite expectations of fresh investments in 2015, as strong mid-day hikes in crude oil vanished. Brent dropped 91 cents to close at $56.42 a barrel. Previously, it hit a post-2009 low of $55.48, having averaged around $110 a barrel between 2011 and 2013. U.S. crude for February delivery eased 58 cents a barrel to close at $52.69, before a constant 50-cent drop post-settlement.
read more... 05/01/2015
Croatian government grants 10 hydrocarbon exploration licences off Adriatic coast
The Croatian government on Friday awarded 10 licences to explore for oil and gas off Croatia’s Adriatic coast.
read more... 05/01/2015
Daily: Brent drops towards $57 since supply glut worries prevail
Brent crude futures dropped towards $57 a barrel on Friday since an excess of oil erased earlier support drawn from a larger-than-anticipated decline in U.S. crude stocks.
read more... 02/01/2015