Around $6 billion investment is necessary to start production from field, IEA Executive Director says
read more... 25/08/2020
Highfield Energy was successful with three projects in Ireland's Renewable Electricity Support Scheme auction
read more... 11/08/2020
Swedish oil firm Lundin Energy , a partner in Norway’s giant Johan Sverdrup oilfield, reported on Wednesday a worse-than-expected operating profit, despite producing record output in the quarter.
read more... 29/07/2020
Total and Sonatrach have signed an agreement to renew their partnership in the field of LNG. This agreement notably allows to extend the existing supply contracts for three additional years in order to provide 2 million tpy of Algerian LNG to the French market, primarily through an LNG terminal at Fos Cavaou. The agreement also includes the sub-charter of an LNG tanker of Total by Sonatrach.
read more... 26/06/2020
Crude oil prices climbed to their highest level in more than a week on Monday, due to a halt in the crude production at two large Libyan oilfields after forces loyal to commander Khalifa Haftar closed a pipeline, bringing back the focus on supply risks.
read more... 21/01/2020