Libya conflict boosts oil price
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Fighting around the Libyan capital of Tripoli this week has forced the US to pull its troops out of the
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Independent producer hails North Sea ‘milestones’
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Zennor Petroleum claims it has reached two “significant milestones” for the development of its Finlaggan field in the North Sea.
Saudi nuclear reactor nears completion: ex-inspector
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Saudi Arabia has almost completed its first nuclear reactor, despite not having secured UN agreements amid fears of a renewed
Europe is entering its golden age of gas
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In a 2011 report, the International Energy Agency (IEA) asked a provocative question: are we entering a golden age of
Will Europe really quit coal?
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Within the last two years, governments across Europe have pledged to rid their power sectors of coal. In January 2018,
EU opens way for Nord Stream completion
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The Nord Stream 2 pipeline to export Russian gas to Germany looks set for completion after a deal for the
Oil prices forecast to rise amid Saudi cuts
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Global oil prices are being forecast by Goldman Sachs to rise by as much as 12 per cent as Saudi
US oil exports set new record
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The US exported a record amount of crude oil last week after increasing for a fifth straight week, amid rising
Merkel ignores Pence on Nord Stream
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US Vice President Mike Pence says he told German Chancellor Angela Merkel that Europe and Washington needed to stand together
Serbs eye gas future through twin pipelines
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Serbia’s energy agency says Azerbaijan is seen as a potentially cost-effective source of gas imports. In a document, the agency
US oil boom depresses prices
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Oil prices fell by around 1 per cent on Monday as drilling in the United States, currently the world’s largest
Russia warns EU not to hamper Nord Stream
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Russia has warned the European Union not to complicate the construction of the €8.39 billion Nord Stream 2 gas pipeline
Cyprus dismisses Turkish naval exercise claims
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Cyprus denies Ankara’s claims that a joint Turkish-US naval exercise took place inside its exclusive economic zone. In contradiction of
Macron fuel tax sparks protests
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Demonstrators from the gilets jaunes (yellow vests) movement have blocked France’s road network to oppose President Emmanuel Macron’s new fuel
LNG still too costly: oil chiefs
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The liquefied natural gas (LNG) has massive potential but is too expensive, fuel bosses have told an industry event. There