Latest news
Exxon, Total Win Tender to Explore for Oil and Gas Off Greece’s Crete
A consortium of U.S. Exxon Mobil , France’s Total and Hellenic Petroleum has been awarded a tender to explore for oil and gas off Greece, the energy ministry said on Tuesday.
read more... 04/07/2018
Norway green lights Johan Castberg project in the Barents Sea
The Norwegian Ministry of Petroleum and Energy has approved Equinor’s plan for development and operation of the Johan Castberg field in the Barents Sea.
read more... 13/06/2018
Daily (01.06.2018): European carbon contracts posted the biggest 5.8% daily loss in over a year on Thursday
Oil prices were mixed on Thursday. Brent oil price rose slightly to $77.59 a barrel, due to a larger-than-forecasted drop in crude inventories. WTI crude declined as the Organization of the Petroleum Exporting Countries is likely to bring its supply-cut deal to a close by the end of the year. WTI futures fell by $1.17, or 1.7% to settle at $67.04 a barrel.
read more... 01/06/2018
Russia's Rosneft signs agreements to supply gas to Ghana
Rosneft gave Ghana's energy industry a shot in the arm Friday, signing a package of documents to supply natural gas to Ghana National Petroleum Corporation.
read more... 31/05/2018
EIA: U.S. remains the world’s top producer of petroleum and natural gas hydrocarbons
The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world's top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%.
read more... 23/05/2018