BASF has exchanged assets with Gazprom which will give the German firm access to Western Siberia projects while the Russian company will obtain gas storage facility in Europe.
read more... 02/10/2015
The last piece of Statoil's 482.4-km long Polarled Pipeline was put in place at the Aasta Hansteen field at a depth of 1,260 metres in the Norwegian Sea.
read more... 01/10/2015
The EU might introduce tougher car emissions tests following the Volkswagen scandal, as stated by senior European representatives.
read more... 28/09/2015
Crude oil prices rebounded for a second consecutive day on Friday, spurred by an increase on Wall Street and a weaker U.S. rig count. Brent, the global benchmark for oil, rose by 43 cents, or 0.9 percent, to settle at $48.60 a barrel. It gained almost $1 at the session high, then turned negative for a good part of the day before recovering. U.S. crude jumped 79 cents, or 1.8 percent, to close at $45.70. For the week, both Brent and U.S. crude climbed about 2 percent.
read more... 28/09/2015
The European Commission has authorized a plan to construct an offshore interconnection between Danish and German grids, as stated by the Danish transmission system operator on Friday.
read more... 28/09/2015