Companies

At full capacity. the Yamal facility will be able to produce 16.5 million tonnes of liquefied natural gas a year.

ExxonMobil employs 3.000 people in the UK. and engineers at its Fawley and Fife sites are developed through the company’s training scheme.

A possible six-month extension proposal from Russia is shorter than the market is largely expecting.

BP wants to acquire a 30 per cent stake in the SNE field that Edinburgh-based Cairn found in 2014.

Project activities continue at offshore and onshore sites including the Sangachal Terminal and along the pipeline route.

The Norwegian government supports R&.D with financial incentives.

Total became the first Western oil major to sign an agreement with Iran to develop phase 11 of Iran'.s South Pars.

Statoil’s plan to profit by creating an artificial settlement price for Statoil’s financial and physical propane positions did not materialize as hoped.

In 2015. PDVSA sought to sell Citgo but was unable to find a buyer.

Gazprom warned investors last month that the sanctions may result in delays.