Latest news
Russia: Gazprom will halve the pipeline capacity of the TurkStream
Gazprom has nearly halved the intended capacity of its TurkStream gas pipeline project to 32 billion cubic metres (bcm) per year from an initial capacity of 63 bcm, as stated by Gazprom Chief Executive Officer Alexei Miller on Tuesday.
read more... 07/10/2015
Statoil achieves final stretch of Polarled pipeline to connect Arctic with Europe
The last piece of Statoil's 482.4-km long Polarled Pipeline was put in place at the Aasta Hansteen field at a depth of 1,260 metres in the Norwegian Sea.
read more... 01/10/2015
Daily: Crude oil prices diverge, with Brent up and WTI down 2 %
Crude oil prices diverged on Tuesday, with Brent ending up, while WTI lost 2 % after a partial pipeline outage and bets of upbeat U.S. stockpiles data which helped oil compensate some of Tuesday’s pessimistic sentiment due to weak inventories on Wall Street. Brent's front-month contract for November delivery rose by 16 cents, or 0.3 percent, to close at $49.08 a barrel. U.S. crude's October contract declined 85 cents, or 1.8 percent, to settle at $45.83 before expiring as the front month. The November contract decreased 60 cents to touch $46.46.
read more... 23/09/2015
Gazprom and European partners ink Nord Stream 2 deal
Russian giant Gazprom and its European partners have inked a shareholders’ agreement on the Nord Stream-2 gas pipeline at the Eastern Economic Forum (EEF) on Friday.
read more... 04/09/2015
Total vends North Sea gas pipelines for $907 million
French oil major Total has decided to vend several of its gas pipeline assets in the UK's North Sea to North Sea Midstream Partners, an associate of U.S.-based private equity company ArcLight Capital, for 585 million pounds ($907 million).
read more... 28/08/2015