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OPEC cartel to cap oil production

OPEC cartel countries have agreed in Algiers on Wednesday to cap oil production to increase its…

Russia and Saudi Arabia have agreed on the oil price stabilization

Energy ministers of Russia and Saudi Arabia announced after the G20 summit in China that their…

Cyprus and Egypt will be connected by a gas pipeline

Cyprus and Egypt have signed a deal on the gas pipeline construction. The pipeline will be used to…

Battle for hydraulic fracturing in the UK continues

A British Geological Survey study of shale gas across the north of England estimated total reserves…

Brent oil price exceeded USD 50 for a barrel

Drop in US crude oil inventories caused by wildfires in Canada led to an increase of Brent oil price…

Australia joins the GIF forum developing new reactors

Australia has joined an international collective called the Generation IV Internation Forum (GIF)…

Natural gas will keep significant share in the U.S. electricity generation

According to a new report of the American Public Power Association, installed capacity of the U.S.…

Oil price should be increased

In recent months, Saudi Arabia has tried to ruin American oil producers who are using the fracking (…

EU plans to invest EUR 217 million in energy infrastructure

On 19 January 2016, EU member states agreed to invest EUR 217 million in key energy infrastructure…

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