RWE Generation will close the oil-fired power plant at Littlebrook in Britain on Tuesday because of European Union environmental law, as confirmed by the company on Monday.
read more... 31/03/2015
French oil producer Total has decided to vend a stake in an onshore oilfield in Nigeria for $569 million, bringing the profits from prior divestments in the country to over $1 billion.
read more... 31/03/2015
Dutch gas network operator Gasunie and tank storage service supplier Vopak declared on Monday that the development of their Gate liquefied natural gas (LNG) terminal in Rotterdam has started.
read more... 31/03/2015
Russia could permit more oil firms to access its offshore projects, as stated by Energy Minister Alexander Novak on Friday.
read more... 30/03/2015
Crude oil prices declined 5 percent on Friday, wiping out the previous session’s gains, since it was less probable that Yemen’s conflict will cut Middle East crude shipments and investors turned their attention to talks for a potential Iran nuclear deal that could add supply on the market. Benchmark Brent and U.S. crude oil traded most of the session in a tight range, down about 2 percent, but they dropped considerably in late trading. Brent declined by $2.78 to settle at $56.41 a barrel. WTI crude slipped $2.56 to close at $48.87.
read more... 30/03/2015