The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of $965 million in cash.
read more... 20/08/2019
Oil prices rebounded from previous losses on Friday asfurther support from central banks might alleviate recession worries. Brent crude rose $0.41, or 0.7% to $58.64 a barrel. WTI futures added $0.40, or 0.7% to $54.87 a barrel.
read more... 19/08/2019
The discovery was made at the wildcat well 16/5-8 S, in the production license 815, about 14 kilometers south of the Edvard Grieg field in the central part of the Norwegian sector of the North Sea.
read more... 19/08/2019
Croatia's net electricity production decreased to 902 GWh in June from 924 GWh in the same month of 2018, the country's statistical office said on Friday.
read more... 19/08/2019
Russia’s largest independent natural gas producer and LNG operator said its Yamal LNG project hit a new milestone.
read more... 19/08/2019