Latest news
E.ON has started production at Huntington field
Production at the Huntington oil and gas field in the North Sea has successfully started and signs an important step for E.ON's upstream business as the field will significantly increase the company's overall production and contribute to a substantial increase in cash flow.
read more... 17/04/2013
British Rhyl gas field starts pumping its first gas
The Britain’s offshore Rhyl gas field, owned by Centrica, delivered its first gas, being the first new field to be brought on stream in the region for ten years and represents an important milestone in extending the life of Centrica’s Morecambe Bay operations.
read more... 04/04/2013
Total sells 25% stake in Tempa Rossa oil field
France-based multinational oil and gas company Total, has decided to sell a 25 % stake in the Tempa Rossa oil field, which is situated in the Basilicata region of southern Italy, to Mitsui E&P Italia. Total, which has discovered the Tempa Rossa oil field in 1989, and has operated the concession since 2002, will remain operator of Tempa Rossa with a 50% stake.
read more... 20/03/2013
Daily: UK spot gas prices increase on Troll field trouble
Brent and U.S. crude oil futures climbed on Monday in choppy trading, which were supported by optimistic durable goods data and by strong gasoline futures, which added 2 cents on Hess Corp's plans to halt a refinery in the Northeast.
read more... 29/01/2013
Norway proposes tariff cut in its gas pipeline system
Norway's Minister of Petroleum and Energy, Ola Borten Moe, proposed on Tuesday to slash natural gas transport tariffs for new gas contracts, aiming to encourage higher production and exploration in mature fields. Norway is the world`s second largest gas exporter supplying about 18% of Europe’s needs.
read more... 16/01/2013