BP and its partners in the Shah Deniz consortium today announced the start-up of the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey.
read more... 03/07/2018
Brent crude increased by 2.6% to close at $77.32 a barrel, due to a supply problem in Venezuela, where state-owned oil company tried to unload their products of approximately 24 million barrels, expecting to be conveyed to clients.
read more... 08/06/2018
Oil prices rose slightly on Tuesday, driven high by expectations that Saudi Arabia and Russia could produce more crude to compensate a possible supply deficit. Brent crude gained 0.1% to end at $75.39 a barrel. WTI futures added $0.21, or 0.3% to trade at $66.73 a barrel.
read more... 30/05/2018
UK has obtained 50.41 GW of reserve power capacity for delivery in 2021-2022.
read more... 12/02/2018
Oil prices fell on Wednesday, as a rally ran out of momentum a session after crude attained a near 2-1/2-year peak on supply outages in Libya and the North Sea.
read more... 28/12/2017