Latest news
Climate rules may possibly put at risk oil investment of about $1.1 trillion
Investors might pay out almost $1.1 trillion over the next decade on oil projects and assets that never achieve production if governments implement measures to reduce climate change, according to a report released on Thursday by Carbon Tracker Initiative.
read more... 09/05/2014
Russia declares South Stream gas pipeline projects continue
The South Stream undersea gas pipeline project led by Russia is still in progress and the country had talks with Europe on its achievement, as stated on Friday by Russian Energy Minister Alexander Novak.
read more... 22/04/2014
Shell abandons innovative Norwegian Subsea gas project
Royal Dutch Shell has abandoned one of Norway's major and most modern industrial projects because of increasing costs and intricacy, facing a blow to equipment expected to develop offshore production.
read more... 14/04/2014
Total and Russia’s Lukoil are discussing a collaboration in shale projects
French oil major company Total and Lukoil have the intention to cooperate in shale gas projects since Russia employs unconventional resources to substitute decreasing output at mature fields in Siberia, as published in the Financial Times on Thursday.
read more... 28/03/2014
EDF UK: returns on nuclear agreement likely to be much higher than usual
The EDF’s first nuclear reactor in Britain might generate for the French utility and the investors two-decade profits, supported by government, expected to be much higher than returns from other projects, as stated in a report.
read more... 18/03/2014