Latest news
Novatek Announces Major Offshore Gas Find in Russian Arctic
Russian gas and LNG firm Novatek announced Wednesday that it has found a major new gas field in the Gulf of Ob, just off the Yamal Peninsula in the Russian Arctic.
read more... 11/10/2018
Poland Buys Nigerian Oil In Latest Attempt To Cut Russia Oil Dependence
Poland’s largest oil refiner, state-run PKN Orlen, has bought its first ever Nigerian crude oil cargo expected to arrive in mid-October, the Polish company’s chief executive told Reutersamid Poland’s ongoing efforts to cut its reliance on Russian oil.
read more... 09/10/2018
Equinor finds new oil reserves at Cape Vulture discovery in Norwegian Sea
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
Novatek, Siemens sign LNG cooperation deal
Russia's Novatek and Siemens will team up to cooperate in the LNG sector through a strategic partnership and cooperation agreement they signed during Russian Energy Week in Moscow, Novatek said late on Wednesday.
read more... 04/10/2018
Russian oil production jumps to post-Soviet high
Russia is ramping up crude oil output after OPEC and other countries agreed to ease production curbs. In September, Russia produced a record amount of oil in its modern history.
read more... 03/10/2018