Latest news
Brexit might almost double oil and gas trade costs
The trade body for the UK oil and gas industry is exhorting Prime Minister Theresa May to find solutions so as to minimize any Brexit fallouts, after a recent report showed that the cost of oil trading after the UK’s exit from Europe might double to approximately £1.1bn per year.
read more... 04/05/2017
Daily (03.05.2017): Oil and EU carbon prices at the lowest 2017 levels
Oil prices slightly fell on Tuesday on reports of rising oil production in the US, Canada, and Libya as well as weaker compliance of OPEC members with the deal to cut production during the first half of this year.
read more... 03/05/2017
BP: Caspian gas pipeline's Georgia section to be accomplished by mid-2018
BP intends to finalise by mid-2018 the Georgian section of a $40-billion strategic pipeline bringing Caspian gas from Azerbaijan into Europe, as stated by the British energy firm's country manager for Georgia.
read more... 02/05/2017
Plans for stricter limits on pollutants from electricity plants – approved by EU states
Power plants in the European Union will have to reduce the quantity of toxic pollutants they release such as nitrogen oxides under new regulations approved by EU member states on Friday and largely applauded by environmental groups.
read more... 02/05/2017
EU provides €800 mln to connect energy infrastructure
The EU is offering €800 million (£674m) of funds for power, gas and smart grid infrastructure projects. The backing will aid to reinforce Europe’s internal energy market, increase the security of energy supply and provide clean, sustainable energy across the continent.
read more... 28/04/2017