In November. OPEC and non-OPEC ministers will discuss the market situation and implementation of a global deal to cut oil production.
Read More »Gazprom Neft Announces New Hydrocarbon Discovery in Western Pacific
The development of Gazprom Neft’s offshore assets remains a strategic priority for the company.
Read More »Europe’s Largest Refinery to Shutter for Two Months
In Greece. Hellenic Petroleum declared force majeure on its 100.000-bpd Elefsina refinery in July. suspending diesel exports.
Read More »Shell Seeking International Cooperation and Much Larger Offshore Wind Projects
Most countries around the North Sea do not have a clear agenda on what they’re going to do after 2022.
Read More »Iran Pledges to Sustain Oil Exports Despite Trump`s Threat
Iran also plans to introduce its new heavy crude grade from the West Karoun oil field as soon as six months from now.
Read More »Kurdish Referendum. More Trouble in the Middle East
The Turkish President has already warned against the holding of the referendum which he fears will draw Turkish Kurds into a future conflict.
Read More »US Plans to `Bury` Nord Stream 2 to Weaken Russia on European Market
The United States has the most pragmatic position on the Nord Stream 2 project.
Read More »TANAP Construction Completed by Over 80%
TAP’s shareholding is comprised of BP (20 percent). SOCAR (20 percent). Snam S.p.A. (20 percent). Fluxys (19 percent). Enagás (16 percent) and Axpo (5 percent).
Read More »Algeria`s Sonatrach Chief Urges Oil Industry Reforms
Algeria expects its gas exports to reach 57 billion cubic metres (bcm) this year. up from 54 bcm in 2016.
Read More »Ireland `Ideally Positioned` to Be a Global Leader in Wave and Tidal Energy
The European Union has set itself a target of 100 gigawatts of energy that must be created within the trading bloc from marine resources by 2050.
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