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BP and Rosneft Agree Strategic Cooperation in Gas Business

BP and Rosneft Agree Strategic Cooperation in Gas Business

Rosneft and BP have signed today an agreement on strategic cooperation in gas and a Memorandum of Understanding (MoU) in respect to the sale and purchase of natural gas in Europe. The documents were signed at the XXI St Petersburg International Economic Forum (SPIEF)

TurkStream’s Construction Vessel Transits Istanbul

TurkStream’s Construction Vessel Transits Istanbul

The Pioneering Spirit vessel, which will carry out the construction of the TurkStream natural gas pipeline's offshore section, transited Istanbul’s Bosphorus on Wednesday

Global Solar Boom Continues in 2016: SolarPower Europe

Global Solar Boom Continues in 2016: SolarPower Europe

2016 marked another record solar boom year with a 50 percent growth in solar additions worldwide totaling 76.6 GW of installed capacity, according to SolarPower Europe's report on Wednesday entitled Global Market Outlook for Solar Power 2017-2021

Gazprom’s Gas Exports to Europe Reach 103.6 Bcm in October-March

Gazprom’s Gas Exports to Europe Reach 103.6 Bcm in October-March

Between October 2016 and March 2017, Gazprom’s gas transmission system within Russia’s Unified Gas Supply System (UGSS) conveyed 231.2 billion cubic metres of gas, a 7% increase against the previous season, the Russian gas giant said on May 24

Libyan Unity Govt Assumes Control of Tripoli Airport

Libyan Unity Govt Assumes Control of Tripoli Airport

Forces loyal to Libya’s UN-backed unity government have established control over Tripoli’s international airport, according to a Libyan military official. "Presidential Guards and the Interior Ministry have assumed control of the airport and are now responsible for its security,” Presidential Guards commander Najmi al-Nakoua said in a televised statement late Sunday

OPEC, Non-OPEC Extend Oil Cut as Cooperation With Russia Improves

OPEC, Non-OPEC Extend Oil Cut as Cooperation With Russia Improves

In an effort to reduce a global crude oil glut and boost prices, Members of the Organization of Petroleum Exporting Countries and non-OPEC countries, especially Russia, reportedly decided on May 25 to extend cuts in oil production by 1.8 million barrels per day by nine months to March 2018

Russia’s Rosneft to Modernise Its German Refineries

Russia’s Rosneft to Modernise Its German Refineries

Within the next five years, Rosneft will send a total of €600 million to modernise its German refineries, of which €300 million have already been allocated, the Russian state oil giant’s CEO, Igor Sechin, said during a working meeting in Germany

Renewable Energy Employs 9.8m People Globally – IRENA

Renewable Energy Employs 9.8m People Globally – IRENA

The latest Renewable Energy and Jobs – Annual Review 2017 report from the International Renewable Energy Agency (IRENA), released at IRENA’s 13th Council meeting in Abu Dhabi today, has revealed that a total of 9.8 million people worldwide currently work in renewable energy

Energy Transitions Commission Issues Flagship Report on Better Energy, Greater Prosperity

Energy Transitions Commission Issues Flagship Report on Better Energy, Greater Prosperity

New report outlines opportunity to halve global carbon emissions by 2040 - but governments, investors and businesses must act now to accelerate energy transitions. The Energy Transitions Commission’s flagship report, launched on 25 April 2017, sets out achievable pathways to limit global warming to well below 2˚C while stimulating economic development and social progress