Latest news
Sovcomflot secures LNG vessel financing facility
Sovcomflot (SCF Group) has signed a new US$297 million limited recourse credit facility, for up to 10 years, with three leading international banks: ING Bank; KfW IPEX-Bank, and Crédit Agricole Corporate and Investment Bank.
read more... 09/05/2019
Iraq signs 1.07-bln-USD deal with Chinese company
Iraq and a Chinese company signed on Wednesday a 1.07-billion-U.S. dollar agreement to process associated gas extracted from Iraq's southern giant Halfaya oilfield.
read more... 09/05/2019
Thousands of jobs to be created by tidal power scheme
Thousands of jobs could be created by a scheme that aims to harness the tidal power of the Mersey.
read more... 09/05/2019
Daily (08.05.2019): EUAs rebounded by over 4% on Tuesday, on expectations for a tighter market
Oil prices lost ground on Tuesday, due to returning concerns over global growth raised by ongoing complications in the U.S.-China trade talks. Expectations for rising U.S. crude production and stockpiles put more pressure on prices. Consequently, the Brent crude price dropped by 1.9% to $69.88 a barrel.
read more... 08/05/2019
BP sanctions Thunder Horse South expansion phase 2 project
Oil and gas giant BP said that it will move ahead with the Thunder Horse South expansion phase 2 project in the US Gulf of Mexico to draw an additional 50,000 gross barrels of oil equivalent per day (boe/d) from the Thunder Horse oil field.
read more... 08/05/2019