Latest news
Norway’s Oil Production To Fall To 30-Year Low
Despite cost controls, increased efficiency, and higher activity offshore Norway, oil production at Western Europe’s largest oil producer fell in 2018 compared to 2017 and is further expected to drop this year to its lowest level since 1988.
read more... 14/01/2019
Aker energy strikes oil offshore Ghana
Norwegian oil company Aker Energy announced Thursday that it has struck oil offshore Ghana with a resource volume potential of up to 1 billion barrels of oil equivalent, according to a company statement.
read more... 11/01/2019
Gazprom brings energy security of Kaliningrad Region to new level
Gazprom makes comprehensive efforts to improve the reliability of gas supplies to the Kaliningrad Region. Gazprom carried out an alternative gas supply project focused on LNG deliveries by sea. A gas receiving terminal based in the Baltic Sea and onshore was built in the Kaliningrad Region.
read more... 10/01/2019
Turkey resumes oil import from Iran
Turkey has resumed imports of Iranian crude oil under the U.S. sanctions waiver, according to the trading and shipping sources.
read more... 10/01/2019
BP approves $1.3bn expansion of Atlantis oil field in Gulf of Mexico
BP has approved the $1.3bn phase 3 development of the Atlantis oil field located in deepwater Gulf of Mexico, offshore US.
read more... 09/01/2019