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Total and ExxonMobil plan to drill ultra-deepwater well in Mexico

Total and ExxonMobil will drill the first deepwater well in a block offered at a Mexican hydrocarbon auction held in October.

read more... 26/03/2018

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Total will extract gas at Azerbaijani Absheron field in early 2020

Gas extraction on the first gas well of Azerbaijan's Absheron gas field in Caspian Sea will start at the beginning of 2020, as stated by development operator Total at a public hearing on Project’s environmental impact report in Baku on February 20.

read more... 21/02/2018

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Finnish clean energy company will provide a wave park in Bali

A 10MW wave energy park will be constructed in Bali by a Finnish clean energy firm, named Wello, which received first commercial wave energy park order from Gapura Energi Utama, an Indonesian infrastructure firm.

read more... 02/01/2018

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Daily (27.12.2017): Oil prices hit 2 and a half year peaks on Tuesday, due to an explosion on a Libyan pipeline

Oil prices hiked to 2-1/2-year peaks and U.S. crude touched $60 a barrel in light trading volume on Tuesday, supported by news of an explosion on a Libyan crude pipeline as well as voluntary OPEC-led supply reductions.

read more... 27/12/2017

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EU power producers promise to become carbon free well before 2050

The industry association Eurelectric, under new leadership since last year, promised to make European electricity production carbon neutral well before 2050.

read more... 07/12/2017

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