Latest news
Equinor gets NPD approval to begin production at Aasta Hansteen gas field
Equinor and its partners have secured approval from the Norwegian Petroleum Directorate (NPD) for the start-up of the production facility at the Aasta Hansteen gas field.
read more... 04/09/2018
Total confirms exit from $4.8bn gas project in Iran before US deadline
French oil major Total has confirmed its withdrawal from a $4.8 billion Iranian gas project, leaving the door open for co-investor China National Petroleum Company to take the lead on the asset.
read more... 22/08/2018
Norway opens up to offshore wind – plans floating projects to help industry
Norway’s minister of petroleum and energy, Terje Søviknes, is to open two areas on the Norwegian continental shelf for offshore wind projects.
read more... 16/08/2018
Egypt Signs New Agreements with European Oil Companies
Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla signed three agreements today for the exploration of oil and natural gas in the Mediterranean, Western Sahara and Nile Delta.
read more... 15/08/2018
Daily (20.07.2018): Carbon prices jumped by 2.7% on Thursday due to strong auction
Brent crude decreased by 0.4% to end at $72.58 a barrel on Thursday, due to a strong dollar, higher U.S. crude output and an unpredicted rise in the production of the Organization of the Petroleum Exporting Countries and Russia. On the other side, WTI crude hiked by 1% to $69.46 a barrel, after Saudi Arabia's OPEC governor declared the kingdom's crude exports will decline by around 100,000 barrels per day in August.
read more... 20/07/2018