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Serbian, Hungarian power exchanges to merge operations by end-2019
The power exchanges of Serbia and Hungary are expected to merge their business by the end of the year to create a strong regional player, Serbian energy minister Aleksandar Antic said.
read more... 23/08/2019
Lukoil begins offshore drilling at its Romanian Black Sea perimeter
Lukoil, the third investor interested in the Romanian Black Sea gas (after OMV Petrom and Black Sea Oil and Gas controlled by investment fund Carlyle), will start drilling operations this autumn after obtaining the necessary permits, Economica.net reported.
read more... 25/07/2019
Zennor completes North Sea wells
Independent UK oil and gas firm Zennor Petroleum announced Tuesday the completion of drilling and testing operations at the Finlaggan field in the North Sea, Kallanish Energy reports.
read more... 22/05/2019
Lukoil starts operations of two wells at D41 field in Baltic Sea
LUKOIL has announced the commencement of commercial operation of two wells at D41 offshore field in the Baltic Sea.
read more... 17/05/2019
Daily (28.03.2019): WTI futures declined by nearly 1% after unexpectedly higher U.S. crude stockpiles data
Crude oil prices lost ground on Wednesday, following EIA data which showed higher-than-anticipated crude inventories in the U.S. last week due to hampered crude cargoes traffic along the Houston Ship Channel and slower refining operations. The fall in prices was nevertheless limited by OPEC’s supply cuts and the disruption in Venezuelan exports caused by the second massive power blackout this month. Brent crude traded 0.2% down at $67.83 a barrel, while WTI futures lost 0.9 % to end at $59.41 a barrel.
read more... 28/03/2019