The Europe is reliant on oil imports for 98 percent of demand.
Read More »Russian Oil Production Steady in August Near Post-Soviet High
OPEC oil output rose last month to a 2018 high as Libyan production recovered and Iraq’s southern exports hit a record.
Read More »Nord Stream 2 Pipeline Progress despite Sanction Risk
Uniper will remain one of the financing partners of this project.
Read More »Eni Finds New Gas Field in Egyptian Desert
A network to transport the gas has already been established. allowing the newly discovered gas to be easily transferred.
Read More »Equinor Seeks to Build a Core Area in Brazil
Over the last year Equinor has actively participated in new offshore licensing rounds.
Read More »More but Small-Scale Oil Industry Restructuring Ahead
The oil industry went through a lot of restructuring and consolidation after the oil prices crashed in 2014.
Read More »Norway Leads Europe`s Sell of EV Hybrids
Norway continues to lead the European rankings with the highest number of plug-in sales.
Read More »Germany Opposes Discussions Preventing Nord Stream 2
The Nord Stream 2 is facing fierce opposition from the United States.
Read More »EU`s Green Light for Nordic Funds’ €235m Wind Power Deal
The EU has given the go-ahead for a deal between Norway’s KLP and Swedish pension fund AMF to buy the biggest wind power company in Sweden.
Read More »Bulgaria Moves Closer to Russia
Bulgaria’s new hope to get a piece of Russia’s lucrative gas sales lies with Turk Stream.
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