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Sweden's Lundin Energy Q2 operating profit lags despite record output

Swedish oil firm Lundin Energy , a partner in Norway’s giant Johan Sverdrup oilfield, reported on Wednesday a worse-than-expected operating profit, despite producing record output in the quarter.

read more... 29/07/2020

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Total agrees deal to sell Lindsey refinery

Total has signed an agreement to sell the Lindsey refinery to independent British conglomerate Prax Group.

read more... 29/07/2020

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Germany continues viewing Nord Stream 2 as economic project

The US authorities already held talks with German and European companies involved in construction of the Nord Stream 2 gas pipeline, the German Die Welt paper wrote on Saturday with reference to sources

read more... 28/07/2020

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Russia's Novak sees global oil output cuts easing from August

Russian Energy Minister Alexander Novak said on Thursday that the OPEC+ group of oil producers is expected to start easing oil output cuts from August as previously agreed.

read more... 06/07/2020

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OMV Petrom gets E&P license for Georgian Black Sea perimeter

Georgia’s Oil and Gas Agency has granted oil and gas exploration and extraction licenses to Romanian oil company OMV Petrom, a member of the Austrian OMV Group, Bm.ge reported.

read more... 29/06/2020

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