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Equinor finds new oil reserves at Cape Vulture discovery in Norwegian Sea

Equinor and its partner ENI and Petoro have completed the drilling of appraisal well on the Cape Vulture discovery in the Norwegian Sea.

read more... 05/10/2018

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Romania’s pit coal reserves are enough for 104 years but their exploitation is economically inefficient

Romania’s pit coal resources would be sufficient for 104 years, but their exploitation is impossible, being economically inefficient, so that four of the five groups in Deva will be closed down, show the draft of Romania’s Energy Strategy 2018 – 2030.

read more... 21/09/2018

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Daily (03.05.2018): European carbon prices declined by 2.4% on Wednesday

Oil prices increased on Wednesday as the U.S. dollar dropped from its peak for the year after the Federal Reserve left its benchmark interest rate constant. Brent crude was 23 cents, or 0.3%, up at $73.36 a barrel. WTI futures added 1% to end at $67.93 a barrel.

read more... 03/05/2018

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Gazprom Neft makes new oil discovery

Russian energy firm Gazprom Neft revealed it made a new find in a territory situated north of Kazakhstan which is estimated to have more than 80 million barrels of reserves.

read more... 12/02/2018

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Britain’s power capacity auction led by gas and nuclear

UK has obtained 50.41 GW of reserve power capacity for delivery in 2021-2022.

read more... 12/02/2018

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