Latest news

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


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


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


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


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