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Russian oil production jumps to post-Soviet high

Russia is ramping up crude oil output after OPEC and other countries agreed to ease production curbs. In September, Russia produced a record amount of oil in its modern history.

read more... 03/10/2018


Renewables hit record 37.1% share of UK generation

Renewable energy hit a record share of generation in the second quarter of 2018, reaching new highs of 31.7%.

read more... 28/09/2018


Russia’s Oil Production Nears Record High

Russia’s oil production in August was virtually flat compared to July as Moscow kept output at near post-Soviet record, after having reversed most of its production cuts under the OPEC+ deal the previous month.

read more... 04/09/2018


Daily (19.07.2018): UK gas prices boosted by around 2% on Wednesday, due to strong demand and lower supplies

Oil prices surged on Wednesday, as U.S. government data pointed out stronger demand for gasoline and distillates. Brent crude climbed 1% higher to end at $72.90 a barrel. Meanwhile, WTI crude also hiked by 1% to $68.76 a barrel, even though U.S. oil production hit a new record of 11 million barrels per day.

read more... 19/07/2018


Saudi Arabia to boost oil production to record high

OPEC leader Saudi Arabia is set to increase oil production to a record 10.8 million barrels per day (bpd) in July, Bloomberg reports.

read more... 27/06/2018