French energy group Total and Algerian state-owned firm Sonatrach have signed new agreements, including a contract to develop the Erg Issouane gas field and plans to create a joint venture, Total said.
read more... 08/10/2018
Danish energy giant Orsted is to acquire 100% of US offshore wind developer Deepwater Wind for $510m.
read more... 08/10/2018
Oil crude prices lost momentum on Thursday, due to forecasts for an increase in production by Saudi Arabia and Russia. However, the price losses were tempered by the forthcoming U.S. sanctions on Iranian exports. WTI crude closed 2.7% down at $74.33 a barrel, while Brent crude oil futures dropped by 2% to trade at $84.58 a barrel.
read more... 05/10/2018
Russian natural gas company Gazprom will be ready to start gas supplies via Nord Stream 2 in January 2020, the CEO of Gazprom Alexey Miller said at the International Gas Forum in St. Petersburg on Thursday.
read more... 05/10/2018
Equinor and its partner ENI and Petoro have completed the drilling of appraisal well on the Cape Vulture discovery in the Norwegian Sea.
read more... 05/10/2018