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Marine energy firm secures £10.3m wave of EU funding

A wave technology company has secured funding worth £10.3 million from the EU for a demonstration project.

read more... 20/09/2018

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Russian piped gas is critical for Europe's supply needs

The European Union's decision on the route and volume of natural gas flow through Russia's new pipeline infrastructure, namely the Nord Stream 2 and TurkStream pipelines, remains critical to meeting Europe's requirement for liquefied natural gas (LNG), according to an expert at Wood Mackenzie late on Tuesday.

read more... 20/09/2018

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Egypt signed $1 billion oil & gas exploration deal with Shell and Petronas

The Egyptian Ministry of Petroleum has signed a deep-water oil & gas exploration agreement with Shell and Malaysia’s Petronas, according to a statement issued by the ministry on September 15.

read more... 18/09/2018

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Gazprom and KOGAS discuss prospects for wider cooperation

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Seung-Il Cheong, President and Chief Executive Officer of KOGAS, took place today at the 4th Eastern Economic Forum in Vladivostok.

read more... 18/09/2018

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Norway’s Offshore Oil Boom Is Back On

The rise in oil prices brought about the recovery of Norway’s oil industry, with companies lining up plans to invest in boosting oil production on the Norwegian Continental Shelf (NCS)—surely most welcome news for Western Europe’s biggest oil and gas producer, which faces a decline from the mid-2020s onwards if new large discoveries are not made soon.

read more... 17/09/2018

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