Latest news

Novovoronezh II-2 starts pilot operation

Unit 2 of the Novovoronezh II nuclear power plant in southwest Russia has entered the pilot commercial operation (PCO) stage, Rosenergoatom, the operator subsidiary of state nuclear corporation Rosatom, has announced.

read more... 05/06/2019


Zennor completes North Sea wells

Independent UK oil and gas firm Zennor Petroleum announced Tuesday the completion of drilling and testing operations at the Finlaggan field in the North Sea, Kallanish Energy reports.

read more... 22/05/2019


Lukoil starts operations of two wells at D41 field in Baltic Sea

LUKOIL has announced the commencement of commercial operation of two wells at D41 offshore field in the Baltic Sea.

read more... 17/05/2019


Norway approves extension to giant oilfield

Authorities in Norway have formally approved the development and operation of the second phase of the giant Johan Sverdrup oil field.

read more... 16/05/2019


Daily (28.03.2019): WTI futures declined by nearly 1% after unexpectedly higher U.S. crude stockpiles data

Crude oil prices lost ground on Wednesday, following EIA data which showed higher-than-anticipated crude inventories in the U.S. last week due to hampered crude cargoes traffic along the Houston Ship Channel and slower refining operations. The fall in prices was nevertheless limited by OPEC’s supply cuts and the disruption in Venezuelan exports caused by the second massive power blackout this month. Brent crude traded 0.2% down at $67.83 a barrel, while WTI futures lost 0.9 % to end at $59.41 a barrel.

read more... 28/03/2019