Latest news
Total to purchase Maersk Oil for $7.45 billion
Transport and logistics company Maersk decided to sell 100% of its equity of its oil and gas unit, E&P company Maersk Oil & Gas (Maersk Oil), to Total for $7.45 billion. The deal will signify the start of Maersk moving towards its dismembering, which is estimated to be the biggest single transaction.
read more... 21/08/2017
Daily (07.08.2017): Oil prices rose 0.8% on Friday on strong U.S. gasoline demand
Oil prices were bullish on Friday as strong summer demand for transport fuel has buoyed benchmark contracts. U.S. gasoline demand rose to a record 9.842 million bpd last week, according to government data published. Brent crude jumped by 0.79% to close at $52.36 a barrel, while WTI price rose by almost 0.9% to close at $49.59 a barrel.
read more... 07/08/2017
French electricity demand boosted in May 2017 by public transport sector
On Monday, French grid network operator RTE announced in a monthly report about a 0.9% increase in electricity consumption in May, compared with the same period a year ago. The main factors were growing power consumption in the public transport sector and high cooling demand because of warmer weather.
read more... 28/06/2017
German ministry is against regional bans on diesel cars
Germany's transport ministry is opposing the ban on diesel cars at the regional level as a means of tackling air pollution.
read more... 14/06/2017
EU is likely to invest €22 million to boost transport and energy links
The EU is likely to make an investment of €22.1 million (£18.8m) to boost transport and energy connections.
read more... 26/04/2017