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UK’s petroleum reserves sufficient for 20 more years
UK’s petroleum reserves sufficient for 20 more years
read more... 01/11/2017
Greece, Israel and Cyprus move forward with a natural gas pipeline from Israel to Europe
Greece, Israel and Cyprus declared on Thursday they would accelerate plans for the development of a pipeline conveying gas to Europe from recently discovered east Mediterranean reserves.
read more... 16/06/2017
Daily (24.05.2017): EU carbon prices slipped back from a one-month high on Tuesday
Oil futures varied on Tuesday, as oil prices fell earlier in the session following the news highlighting president Donald Trump's plan to sell off half of the United States' petroleum reserves. However, as OPEC's leader, Saudi Arabia, favors extending the output curbs by nine months rather than the initially planned six months, the oil prices increased to settle slightly higher.
read more... 24/05/2017
Centrica plans to increase Morecambe Bay gas output by investing 60 mln pounds
British utility Centrica announced on Wednesday about the intention to spend 60 million pounds ($77 million) to unlock more natural gas reserves in Morecambe Bay gas fields, under the Irish Sea, aiming to reduce a potential shortage next winter, since a continuing outage at Centrica’s older Rough gas storage has increased concerns about the security of supply.
read more... 04/05/2017
Lundin Petroleum makes more oil, gas discoveries in Barents Sea
Swedish energy company Lundin Petroleum said on Tuesday it discovered more oil and gas reserves at an existing field in the Norwegian Barents Sea.
read more... 23/11/2016