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Denmark to end oil and gas hunt in North Sea in 2050
Denmark’s government on Thursday agreed with a majority in parliament to put and end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.
read more... 04/12/2020
Russia's Yamal LNG train 4 to produce first LNG in Q1 2021
Russian LNG exporter Novatek expects to produce the first LNG from the fourth train of its Yamal LNG project in northern Russia in the first quarter of 2021, CFO Mark Gyetvay said Dec. 3.
read more... 04/12/2020
Daily (03.12.2020): Ongoing OPEC+ summit lent support to crude oil prices on Wednesday
Crude oil prices moved higher on Wednesday, as the ongoing OPEC+ negotiations boosted investors’ confidence, thus lending support to prices. Hence, Brent oil gained 1.8% to close at $48.25 a barrel and WTI crude ended 1.6% higher at $45.28 a barrel.
read more... 03/12/2020
Croatia’s first FSRU arrives at Krk island
Croatia’s first floating storage and regasification unit (FSRU) LNG Croatia has reached the terminal site on the Island of Krk.
read more... 03/12/2020
Russia's Gazprom Export begins gas supply to OMV in Germany under long-term deal
Gazprom Export has begun to supply gas to the trading arm of Austria's OMV for delivery into the German market under a new long-term contract, the Russian company said Dec. 2.
read more... 03/12/2020