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Aker BP makes oil and gas discovery near North Sea’s Bøyla field

The oil and gas discovery by Aker BP was made through the drilling of wildcat well 24/9-14 S and a horizontal appraisal well, called 24/9-14 A, in the Froskelår Main prospect located the Alvheim area.

read more... 21/03/2019

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Daily (19.03.2019): NBP gas prices continued to fall by around 1% on Monday due to oversupply

Crude oil prices inched up on Monday supported by the extension of OPEC-led supply cuts and a decline in U.S. crude inventories. Brent crude edged 0.6% higher at $67.54 a barrel, while WTI futures traded 1% higher at $59.09 a barrel.

read more... 19/03/2019

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Daily (13.03.2019): NBP spot tumbled by 4% on Tuesday, due to strong wind power output and rising temperatures

Oil prices inched up on Tuesday, supported by Saudi Arabia's plan to tighten supply in April. A shortage in Venezuelan oil exports due to a power outage also boosted prices. However, gains were limited by rising U.S. crude production. Both Brent and WTI crude rose by 0.1% to $66.67 a barrel and $56.87 a barrel respectively.

read more... 13/03/2019

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Daily (6.03.2019): NBP spot fell by nearly 1% on Tuesday on bearish fundamentals

Brent crude edged 0.3% higher on Tuesday awaiting a positive trade deal between US and China, closing at 65.86 USD/bbl at the end of the day. Meanwhile, WTI futures traded 0.1% lower at 56.56 USD/bbl in anticipation of U.S. government crude stocks data.

read more... 06/03/2019

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BP kicks off gas production from Angelin development

Oil and gas giant BP has produced first gas from its Angelin development offshore Trinidad and Tobago.

read more... 27/02/2019

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