Latest news
Gazprom Neft, Shell to create JV to develop license blocks in Yamal
Total reserves in place at fields to be owned by the Meretoyakhaneftegaz JV will be nearly 1.1 billion tonnes of oil
read more... 10/06/2019
UK Oil Production Up 9% In First Quarter
The UK’s crude and natural gas liquids (NGL) production increased by 9 percent annually to reach 1.18 million bpd in the first quarter of 2019, S&P Global Platts quoted statistics from the UK Department of Business, Energy & Industrial Strategy as showing on Thursday.
read more... 31/05/2019
Shell Plans South Africa Oil Expansion With Second Deal
Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second deal in South Africa’s relatively unexplored waters, months after a major discovery by Total SA boosted the country’s hydrocarbon prospects.
read more... 30/05/2019
Turkey's crude oil imports up 87.22% in March
Turkey's crude oil imports increased by 87.22% to 2.5 million tons this March, compared to the same month last year, the country's energy watchdog confirmed yesterday.
read more... 29/05/2019
Russia's oil output falls to 11.126 million bpd on May 1-26
Russia’s oil production fell to 11.126 million barrels per day (bpd) between May 1 and 26, two industry sources told Reuters on Monday.
read more... 28/05/2019