Latest news
Shell and Exxon may appeal over scheduled Groningen gas production cut
A joint venture between Royal Dutch Shell and Exxon Mobil declare on Wednesday it was thinking about appealing against a Dutch government plan to cut output at the Groningen gas field by 10 percent.
read more... 25/05/2017
Russia: Gazprom Neft purchases licence to develop the Novosamarskoye field, Orenburg Oblast
Gazprom Neft has purchased a subsoil usage license issued by the Federal Subsoil Resources Management Agency for the Novosamarskoye field in the Orenburg Oblast. The license, for the exploration and production of hydrocarbons, is valid until 5 May 2037. The total area of the licensed block is 26.56 square kilometers.
read more... 19/05/2017
Romania to begin gas production at a newly discovered field in 2019
According to the last week’s statement of the Romanian government, Romgaz, the state-owned gas producer, will begin production at a newly, biggest discovered gas field in three decades, in 2019.
read more... 16/05/2017
Oil industry firm BP started gas production at two Egypt fields
BP has initiated gas production at two fields - The Taurus and Libra fields - located in its West Nile Delta development offshore Egypt.
read more... 12/05/2017
Centrica plans to increase Morecambe Bay gas output by investing 60 mln pounds
British utility Centrica announced on Wednesday about the intention to spend 60 million pounds ($77 million) to unlock more natural gas reserves in Morecambe Bay gas fields, under the Irish Sea, aiming to reduce a potential shortage next winter, since a continuing outage at Centrica’s older Rough gas storage has increased concerns about the security of supply.
read more... 04/05/2017