Latest news
Myanmar encourages the construction of LNG power plants
Myanmar's government has given the green light to French energy giant Total and other companies to build proposed power plants as the country lacks electricity.
read more... 05/02/2018
SOCAR signs major agreement within modernization of Baku Refinery
Azerbaijan’s state oil firm SOCAR has inked an EPC (engineering, procurement and construction) with Italy’s Maire Tecnimont for the construction of new installations as part of the reconstruction and upgrading of Heydar Aliyev Baku Oil Refinery, according to a message from SOCAR.
read more... 02/02/2018
Europe needs additional energy sources as LNG domestic generation declines
According to Giles Farrer, research director of global LNG at Wood Mackenzie, more sources of supply are necessary to substitute the falling domestic production of LNG in the European market.
read more... 30/01/2018
Norway offers a record number of 75 new offshore exploration leases
Norway delivered a record seventy-five new offshore oil exploration leases to energy firms in the recent bidding round.
read more... 17/01/2018
Exxon Mobil discovers major oil reserves off Guyana
Exxon Mobil Corp declared that it had found a major oil reservoir off the coast of the South American state of Guyana.
read more... 09/01/2018