Oil prices dropped on Thursday as Hurricane Harvey, expected to come ashore as the strongest storm to hit the U.S. mainland in 12 years, threatened oil operations along the energy hub on the U.S. Gulf Coast. Brent crude settled down 53 cents a barrel, or 1 percent, at $52.04. Meanwhile, WTI crude price fell 2% to $47.43 a barrel.
read more... 25/08/2017
Royal Dutch Shell Plc is planning to introduce Israeli and Cyprus gas to the market, a move that could transform the Mediterranean area into a leading gas-producing region.
read more... 22/08/2017
BP has given the authorization for its $500 million Angelin offshore gas field development in Trinidad and Tobago to help counterbalance decreasing production in one of the company's major hubs.
read more... 05/06/2017
Belgian grid operator Elia has been given the green light to invest €400m in an offshore wind grid hub for North Sea projects.
read more... 14/04/2017
Denmark, Germany and the Netherlands are planning on building a giant island in the North Sea which will be able to support up to 100GW of offshore wind projects.
read more... 24/03/2017