Latest news

Netherlands to stop gas production at Groningen field by 2030

The Dutch government declared it will halt gas production at the Groningen field, once Europe’s biggest, by 2030 as it intends to reduce the risk caused by small but destructive earthquakes.

read more... 03/04/2018


Total informs about first gas from Timimoun field

French oil company Total has announced first gas from its Timimoun field in south-western Algeria.

read more... 30/03/2018


EIB to offer 932-million-euro loan for Trans-Anatolian Pipeline

The European Investment Bank (EIB) Board decided to provide a loan estimated at EUR 932 million for the 1850 km Trans-Anatolian Pipeline (TANAP) to transport natural gas from Azerbaijan’s Shah Deniz-2 gas field to Europe.

read more... 16/03/2018


Norway energy firm has awarded $230 million oil and gas contracts for North Sea

Norway oil and gas operator Wintershall Norge has granted two major subsea contracts for North Sea’s Nova field estimated at around $230 million(£165 million).

read more... 01/03/2018


Russia and South Korea to strengthen energy cooperation

Russia and South Korea decided to strengthen collaboration in the energy field on a wide range of domains like natural gas, electricity and renewable energy development, as stated by the South Korean Yonhap.

read more... 22/02/2018