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BP, partners to go ahead with $6bn ACE project offshore Azerbaijan

BP and its partners in the Azeri-Chirag-Gunashli field (ACG field) have approved the $6bn Azeri Central East project (ACE project), which marks the next stage of development of the super-giant offshore Azerbaijani oilfield in the Caspian Sea.

read more... 23/04/2019

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Gate LNG volumes rocket in Q1

Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal rose 143 percent in the first quarter year-on-year, according to the data released by the Port of Rotterdam.

read more... 23/04/2019

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Daily (22.04.2019): The energy complex was calm on Friday due to Easter holidays

The overall trade on energy markets was muted by the long weekend occasioned by Easter holidays. Oil, gas and carbon prices remained untraded, taking a pause before the resumption of the trading activity this week.

read more... 22/04/2019

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Repsol Sinopec eyes extra 10 million barrels from North Sea assets

Repsol Sinopec Resources UK has started working on projects across a number of its assets in the UK North Sea that should realize in the region of an additional 10 million barrels of oil equivalent (boe), beginning later this year.

read more... 22/04/2019

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France’s Total to invest in Russian LNG terminals in Arctic & Far East

The CEO of energy major Total has announced plans to buy a share in projects aimed at constructing terminals for transferring liquefied natural gas (LNG), led by Russia’s biggest independent gas producer Novatek.

read more... 22/04/2019

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