Latest news
EIB confirms €1bn to consolidate European battery industry
The European Investment Bank (EIB) has confirmed it will provide more than €1billion (£892m) in 2020 to support battery projects as part of the European Battery Alliance (EBA).
read more... 22/05/2020
Daily (03.04.2020): Brent and WTI surged by 21% and 25% respectively on Thursday as Trump signalled the price war might end soon
Crude oil futures increased considerably on Thursday, posting their biggest spike in a single session following a message from Donald Trump promising a reduction in Russian and Saudi production to rebalance the black gold market devastated by the covid-19 pandemic. At the same time, Saudi Arabia called for an urgent meeting of the OPEC and other countries, including Russia, to re-establish a balance in the oil markets.
read more... 03/04/2020
Oil Leaders at Davos Debate Tougher CO2 Cuts as Pressure Mounts
The bosses of some of the world’s biggest oil companies discussed adopting much more ambitious carbon targets at a closed-door meeting in Davos on Wednesday, a sign of how much pressure they’re under from activists and investors to address climate change.
read more... 27/01/2020
France's Total to begin drilling offshore Lebanon next month
Lebanon's economic crisis has led to nationwide protests over the last two months. The country needs its exploration programme to work to reduce its energy import bill.
read more... 16/12/2019
Gazprom and OMV sign agreement on assets sales
The Russian gas giant of Gazprom and the Austrian OMV company signed on Wednesday a basic agreement on the sales of assets following the talks between Russian President Vladimir Putin and Austrian Chancellor Sebastian Kurz, Gazprom said in a statement.
read more... 04/10/2018