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Russia’s Oil Production Nears Record High

Russia’s oil production in August was virtually flat compared to July as Moscow kept output at near post-Soviet record, after having reversed most of its production cuts under the OPEC+ deal the previous month.

read more... 04/09/2018

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Vestas secures Senegal debut

Vestas has won an engineering, procurement and construction contract for Lekela's 159MW Taiba N’Diaye wind farm in Senegal, marking the Danish manufacturer's debut deal in the African country.

read more... 03/09/2018

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UK's Petrofac sells North Sea assets for $292 million

British oilfield services provider Petrofac Ltd has agreed to sell its 20 percent interest in the Greater Stella Area of the North Sea to oil and gas operator Ithaca Energy in a deal worth up to $292 million.

read more... 27/08/2018

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UK to help modify Iran’s Arak heavy-water nuke reactor

The U.K. will help Iran modify its Arak nuclear reactor after the U.S. withdrew from a 2015 nuclear deal between Tehran and world powers earlier this year, Iranian officials announced Wednesday.

read more... 23/08/2018

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Moldova does not plan a new deal with Gazprom

Moldova does not plan to negotiate a new gas contract with Gazprom but will wait instead for construction of a link to the European energy network, Interfax quoted Moldovan Economy Minister Chiril Gaburici as telling a television talkshow.

read more... 23/08/2018

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