Latest news
EU approves Croatia’s support for £213m Krk LNG terminal
The Commission says Croatia’s support for the Krk LNG terminal is in line with EU State aid rules and the project will help diversify energy supplies.
read more... 02/08/2019
Delek considers LNG terminal offshore Israel
Israeli energy company Delek Drilling announced Tuesday agreements for negotiating engineering services for a floating liquefied natural gas (Flng) facility offshore Israel.
read more... 01/08/2019
Shell completes Caesar-Tonga sale to Equinor
Shell announced it had signed an agreement to sell its interest in the Caesar-Tonga asset to Israel’s Delek in April 2019. Subsequently, Norway’s Equinor exercised its right of first refusal under the joint venture operating agreement.
read more... 31/07/2019
Equinor makes small oil discovery at Utsira High in North Sea
The small oil discovery has been made in the Lille Prinsen Outer Wedge well, located about 1km west of Lille Prinsen Main, where oil was discovered in 2018.
read more... 30/07/2019
Saudis To Boost Oil Pipeline Capacity To Bypass Strait of Hormuz
Saudi Arabia is looking to raise the capacity of its east-west oil pipeline to 7 million bpd in two years from the current 5 million bpd, the Kingdom’s energy minister Khalid al-Falih told Reuters on Thursday.
read more... 26/07/2019