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Daily: European carbon allowances drop to the lowest level since January
Crude oil futures boosted on both sides of the Atlantic on Thursday, with WTI crude rose by more than $1 per barrel to reach a three-week high following upbeat U.S. economic data and the end of refinery maintenance season which unveiled a strong demand ahead for crude oil.
read more... 28/03/2014
Total and Russia’s Lukoil are discussing a collaboration in shale projects
French oil major company Total and Lukoil have the intention to cooperate in shale gas projects since Russia employs unconventional resources to substitute decreasing output at mature fields in Siberia, as published in the Financial Times on Thursday.
read more... 28/03/2014
Myanmar Oil gas blocks to be explored by Shell, Statoil, Total and others
The most important international oil companies, such as Statoil, Conoco Phillips, Royal Dutch Shell and Total, have been awarded with the rights to perform explorations for oil and gas off Myanmar, as stated by the Ministry of Energy in the Southeast Asian country.
read more... 27/03/2014
Romania: limits on green energy allowances to support huge industrial companies
Romania's government limited the quantity of renewable energy that big industrial users should purchase this year with the aim to aid compensate their high energy costs and hold off the risk of job reductions before elections later this year.
read more... 27/03/2014
Daily: Brent crude steady on supply disruptions in Nigeria and Libya
Brent crude held steady on Wednesday, because of supply disruptions in Nigeria and Libya and tensions over annexation of Crimea to Russia, while U.S. crude increased by more than $1 per barrel due to an eighth straight weekly draw in oil stocks at the contract's delivery point in Cushing, Oklahoma.
read more... 27/03/2014