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Gold prices are falling with the rise of the US dollar

  • 13 May, 2022
  • 2:57 pm EEST

Gold prices fell, during trading today, Friday, May 14, 2022, and remained near their lowest level in 3 months, with the dollar rising and recording its highest level in two decades. The rise in the US currency weakened the demand…

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Equinor announces sixth oil discovery in the Norwegian shelf It is expected to contain 62 million barrels

  • 12 May, 2022
  • 6:06 pm EEST

Equinor announced its sixth oil discovery on the Norwegian continental shelf this year, it said in a press release on its website on Monday. The new discovery comes in partnership with the Norwegian companies "Bigning Upstream" and "Longboat Energy" of…

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Oil prices are down 2%, and Brent crude is below $106

  • 12 May, 2022
  • 3:27 pm EEST

Oil prices are down 2%, and Brent crude is below $106 Oil prices fell more than 2% during Thursday's trading; Economic and recession fears have roiled global financial markets, outstripping supply concerns and geopolitical tensions in Europe. Oil prices are…

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Oil prices rise 3%, and Brent crude is above $104

  • 11 May, 2022
  • 3:38 pm EEST

Oil prices rise 3%, and Brent crude is above $104 Oil prices rose about 3% during trading today, Wednesday, May 11, 2022, after losses of nearly 10% during the previous two sessions. The rally is supported by concerns about supplies;…

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A deal awaits the largest green hydrogen production projects in the world

  • 10 May, 2022
  • 6:34 pm EEST

BP is planning to acquire a stake in one of the world's largest green hydrogen projects from wind and solar energy, in Western Australia. BP plans to acquire a stake of about 30% of the Asian hub of renewable energy…

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