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West of Shetland deal provides big boost for oil and gas industry

Norwegian oil and gas giant Equinor has shown huge confidence in the potential of the West of Shetland area by striking a deal to buy in to Rosebank, which it described as one of the biggest undeveloped finds on the UK Continental Shelf.

read more... 02/10/2018

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Shell, partners OK huge $31 billion LNG Canada project to shorten gas route to Asia

Royal Dutch Shell PLC and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in western Canada — the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas.

read more... 01/10/2018

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Regulator approves BP’s £200 million development of Vorlich field

BP have been given approval to drill in the Vorlich field in the central North Sea.

read more... 27/09/2018

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LNG production in Russia could reach 83 mln tonnes by 2035 — Energy Ministry

Russia can increase production of liquefied natural gas (LNG) to 83 mln tonnes by 2035 from the current 21 mln tonnes, Head of Department of Oil and Gas Production and Transportation at the Russian Energy Ministry Alexander Gladkov said at the Sakhalin Oil & Gas Conference & Exhibition.

read more... 26/09/2018

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Novatek Ships First Yamal LNG to Brazil

Russia's Novatek has shipped its first LNG cargo to Brazil: the LNG was produced from the Yamal LNG project. The cargo was delivered to the Bahia Regasification Terminal owned by Petrobras.

read more... 25/09/2018

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