Latest news
GDF Suez to expand its wind portfolio in the UK
French power group GDF Suez has acquired the UK-based wind energy developer West Coast Energy (WCE), strengthening its commitment to expand its wind portfolio in the UK, as well as in Europe.
read more... 31/03/2014
Eni has made an important oil and gas discovery in Congo
Italian oil and gas company Eni has made an important oil and gas discovery in the Marine XII block located about 17 km offshore Congo, at the Nene Marine 3 well. According to the company, the field where the well is sited might contain about 1.2 billion barrels of oil and 30 billion cubic metres of gas in place.
read more... 19/02/2014
China: huge shale gas well was discovered
China has announced last week that its top refiner Sinopec Corp has discovered a shale gas well in the Guizhou Province in the southwestern part of the country. Located at a depth of 4,417 metres, the well is thought to be the deepest discovery and is likely to have a maximum daily output of 105,000 cubic meters, while the nation’s Ministry of Land and Resources said the gas well is expected to have an average daily output of 43,000 cubic metres.
read more... 17/02/2014
Daily: Brent crude price up, WTI down
Brent crude oil futures posted a gain in late session trading on Friday, spurred by demand for heating oil due to cold winter and snow in the U.S. Northeast as well as by tightened supply due to interruptions in Libya and Angola.
read more... 17/02/2014
UK and France agreed to develop safe nuclear energy
The UK and French Governments have pledged to beef up the two countries' cooperation regarding the defense, nuclear energy and climate policy as well as trading opportunities and skills. British Prime Minister David Cameron and French President Francois Hollande agreed to develop safe nuclear energy, to build new nuclear power stations, to cooperate on climate change action as well as pushing for European Commission's domestic emissions reduction agenda.
read more... 03/02/2014