Latest news
Equinor Starts Up Major $7.7B Oil Field In UK North Sea
Norwegian energy giant Equinor announced on Thursday first oil from the Mariner oil field in the UK North Sea whose start-up has been delayed twice over the last year due to technical issues.
read more... 16/08/2019
Tullow makes first oil discovery on Orinduik license offshore Guyana
Tullow Oil has made an oil discovery at its Jethro-1 exploration well, drilled on the Orinduik license offshore Guyana.
read more... 12/08/2019
Belarus and Russia authorize 3.7% increase in oil transportation tariff as from 1 September
Belarus and Russia have come to an agreement on raising the tariff on transporting oil across the Belarusian territory by 3.7% as from 1 September, the press service of the Belarusian state petrochemical concern Belneftekhim told BelTa after negotiations on 6 August.
read more... 09/08/2019
Cairn Energy sells £50 stake in Nova development
Scottish oil and gas firm Cairn Energy has announced that it has sold off a stake in its Nova development off the coast of Norway.
read more... 06/08/2019
Total sells 30% stake in Trapil pipeline network for 260 mln euros
French energy group Total has agreed to sell a 30% stake in the Trapil pipeline network to crude oil storage operator Pisto SAS for 260 million euros ($289 million) as part of a broader asset sale programme.
read more... 05/08/2019