EU energy consumption decreases while dependency on fossil fuel imports rises Eurostat, the statistical office of the European Union, has published information on gross inland energy consumption in 2015. The European Union (EU) consumed 1 626 million tonnes of oil equivalent (Mtoe), which is 2.5% below its 1990 level and 11.6% below its record level in 2006. Fossil fuels…
The United States and Canada have banned offshore oil and gas drilling in…
The European Commission has adopted stricter exemption conditions for OPAL gas pipeline operation Since the start of its commercial operation in 2011, OPAL gas pipeline (…
OPEC cartel to cap oil production OPEC cartel countries have agreed in Algiers on Wednesday to cap oil…
Russia and Saudi Arabia have agreed on the oil price stabilization Energy ministers of Russia and Saudi Arabia announced after the G20 summit…
Cyprus and Egypt have signed a deal on the gas pipeline construction. The…
A British Geological Survey study of shale gas across the north of England…
Oil price should be increased