OMV starts production from Sofiya gas and condensate field in Pakistan
read more... 08/11/2017
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
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
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
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