Shale gas firm Cuadrilla Resources received permits from Britain's Environment Agency to perform exploration at a four-well site at Preston New Road, Lancashire, in northwest England, which could lead to hydraulic fracturing in the area.
read more... 19/01/2015
Russian President Vladimir Putin has ordered last week to the energy giant Gazprom to cut off supplies to and through Ukraine in the middle of winter, amid accusations that Ukraine had illegally siphoned off and stolen Russian gas.
read more... 19/01/2015
Italian energy giant Eni inked two concession agreements for the North Leil and Karawan blocks offshore Egypt, as a result of the EGAS 2013 bid round.
read more... 16/01/2015
German-based power utility E.ON is planning to divest its Italian coal and gas generation assets to Czech energy company Energeticky a Prumyslovy Holding (EPH).
read more... 15/01/2015
Crude oil decreased 5 percent to near six-year lows before rebounding on Tuesday as some traders moved to take benefits of large storage space in the United States. Brent dropped by 84 cents to settle at $46.59 a barrel, after slipping to $45.19, its weakest level since March 2009. U.S. crude declined by 18 cents at $45.89, after striking an April 2009 low of $44.20.
read more... 14/01/2015