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OMV starts production from Sofiya gas and condensate field in Pakistan

OMV starts production from Sofiya gas and condensate field in Pakistan

read more... 08/11/2017

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Rosneft signed a deal to buy a 30% stake in Zohr gas field

The Russian giant now owns a 30% stake in the Zohr gas field after closing a $1.125 billion (£850 million) transaction.

read more... 16/10/2017

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French BNP Paribas promises to cease funding shale oil and gas

The BNP Paribas Group stated its intention to end cooperation with business entities which operate in shale gas or tar sands fields.

read more... 12/10/2017

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Daily (06.10.2017): Oil prices soared 2% on Thursday on signs of production cut in 2018

Oil prices increased by about 2 percent on Thursday as signs Saudi Arabia and Russia would cut output through next year. The news offset Wednesday's U.S. data indicating record U.S. exports and the return of production at a major Libyan oilfield.

read more... 06/10/2017

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Norway: Statoil and partners intend to expand production capacity at Troll gas field

Norway's Statoil and partners are trying to raise the production capacity of Troll, the country's biggest gas field, a move considers by traders as a possibility to enable the firms to create more flexibly and cover production shortages at other fields because of outages.

read more... 27/09/2017

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