Latest news
Black Sea Oil & Gas gets Romania gas project permit but frets over new taxes
Romanian-based Black Sea Oil & Gas received a construction permit from the country’s energy ministry on Friday for an offshore gas project, but it said new taxes could make it hard to go ahead with the development.
read more... 05/02/2019
Yamal LNG shipped 10 Million tons
Yamal LNG announced that it has shipped its 10 millionth ton of LNG since the commencement of the project.
read more... 05/02/2019
Daily (04.02.2019): Oil prices rose by 1.4% on Friday, amidst bullish U.S. jobs data and sanctions on Venezuelan exports
Oil prices inched up on Friday as U.S. data showed upbeat job growth figures. At the same time, U.S sanctions on Venezuelan oil exports and news that oil drillers will cut production also supported prices. Brent crude rose by 1.4% to 62.75 USD/bbl, while WTI crude hiked by 2.7% to settle at 55.26 USD/bbl
read more... 04/02/2019
Offshore wind ‘could provide half of UK’s power demand’
Offshore wind could provide a cost-effective and low carbon route to providing at least half of the UK’s future electricity demand.
read more... 04/02/2019
Aker BP hits oil and gas at Froskelar Main well offshore Norway
The company on Monday said that preliminary analysis indicates a gross discovery size of 45-153 million barrels oil equivalents.
read more... 04/02/2019