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Aker BP sees Sverdrup oilfield's second phase starting early December

Norway's giant Johan Sverdrup oilfield is expected to start Phase 2 production in early December, Aker BP, a partner in the Equinor-operated field, said on Wednesday, later than its previous forecast of October.

read more... 27/10/2022

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Poland detects leak on Druzhba oil pipeline to Germany

Polish pipeline operator Pern said it has detected a leak in the northern leg of the Druzhba crude pipeline between the central Polish city of Plock and the German border.

read more... 13/10/2022

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Finland, Estonia agree on Inkoo as site of LNG terminal

Finland and Estonia have agreed that their new joint floating LNG terminal will initially dock in Inkoo, southern Finland, the governments said on Monday.

read more... 11/10/2022

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Oil prices continue rise as Opec meeting looms

Oil prices continued their rise from gains seen in the prior session on Tuesday as expectations grew of a large cut to Opec production, with the cartel due to meet tomorrow.

read more... 04/10/2022

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EU wants ‘new transactions-based LNG benchmark’ in bid to calm prices

The European Union wants a new transaction-based benchmark for liquefied natural gas (LNG) as it says the fall in Russian pipeline gas flows and record high LNG imports have created imbalances in the current pricing mechanism.

read more... 03/10/2022

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