Polish oil and gas company PGNiG SA has signed an agreement with the emirate of Ras al Kaimah, UAE, to explore for and produce hydrocarbons in the Block 5.
read more... 18/01/2019
Oil prices edged higher on Wednesday, due to OPEC supply cuts and China’s fiscal stimulus signals. However, gains were capped by increasing U.S. fuel inventories and higher crude oil production. As a result, Brent crude inched up by 1.1% to 61.32 USD/bbl, while WTI futures edged 0.4% higher closing at 52.31 USD/bbl.
read more... 17/01/2019
German auctions of carbon dioxide allowances are expected to resume in February, the European Commission said late Monday, after a halt since November 2018 due to licensing issues.
read more... 08/01/2019
Oil prices ended higher in a choppy trading on Wednesday. The modest rally of the US equity markets lent support to oil prices. Gains were capped, however, by concerns over weakening global economic growth and a supply glut.
read more... 03/01/2019
Royal Dutch Shell revealed an ambitious plan to double its investments in green energy in what appears to be the next phase in the oil giant’s efforts to decarbonize.
read more... 27/12/2018