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Netherlands to halt Groningen gas production by 2022

The Netherlands will halt production at Groningen, Europe’s largest onshore natural gas field, by 2022, eight years earlier than initially planned, the Dutch government said on Tuesday.

read more... 11/09/2019

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Equinor sees Johan Sverdrup oil field output rising to 660,000 bpd by 2022

Output from Equinor ASA’s new Johan Sverdrup oil field in the North Sea will rise to 660,000 barrels per day (bpd) by 2022, from 440,000 bpd at the end of this year, a company executive said on Monday.

read more... 09/09/2019

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Equinor begins production from Snefrid Nord gas field offshore Norway

The Snefrid Nord gas field in the Norwegian Sea has been developed with an investment of £110m as a tie back to the Aasta Hansteen gas field

read more... 05/09/2019

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Rosneft signs agreements on offshore gas field development with Mozambique

Russian state-run oil company Rosneft signed a memorandum of understanding with Mozambique's National Hydrocarbons Company (Empresa Nacional de Hidrocarbonetos E.P., ENH) to develop offshore natural gas fields, a TASS correspondent reported from the signing ceremony.

read more... 23/08/2019

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Daily (22.08.2019): NBP spot surged by 5.4% on Wednesday as the outage at Culzean gas field has been extended

Oil prices diverged on Wednesday. Brent crude price rose due to a higher-than-expected draw in U.S crude stockpiles, while WTI futures dropped due to continued worries about the global economy. Brent crude added $0.27, or 0.5%, to $60.30 a barrel. Meanwhile, WTI crude lost $0.45, or 0.8%, to end at $55.68 a barrel.

read more... 22/08/2019

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