Eurasian demand is impacted by efficiency gains in the gas-fired power generation fleet.
Read More »EU Prepares to Impose Sanctions on Turkey over Gas Drilling
The European Council expresses serious concerns over Turkey'.s current illegal drilling activities in the Eastern Mediterranean.
Read More »Crisis Talks in Bid to End Greenpeace-BP Rig Standoff
Oil and gas chiefs are today to hold crisis talks in an effort to bring to an end a dangerous stand-off between climate activists and oil giant BP.
Read More »Equinor Completes Purchase of Brazilian Oil Discovery For £300m
Norwegian energy giant Equinor has announced that it has bought up interest in a Brazilian oil discovery for more than £300 million.
Read More »Europe Required to Buy Iran’s Crude
Europe is duty-bound to purchase Iranian crude to keep the nuclear deal alive. reminding that the European'.s offered INSTEX mechanism requires financing that should happen through crude revenues.
Read More »Uncertain OPEC Should Keep Current Cuts Flat
OPEC nations may be at odds with each other. but all they need to do is extend their current crude oil cutbacks through the end of the year to help keep the market relatively balanced. according to a new report.
Read More »Anadarko Authorizes $20bn Mozambique LNG Project as Planned
Anadarko Petroleum authorised the roughly $20 billion Mozambique liquefied natural gas export project on Tuesday at a celebratory event in the eastern African nation.
Read More »UK Oil Industry Getting Very Good at Decommissioning
The UK oil and gas industry is starting to get ``very good`` at decommissioning. the sector’s top regulator said yesterday.
Read More »Brent Bravo Platform Removed from North Sea by Pioneering Spirit
Shell’s Brent Bravo platform has been removed from the North Sea by Allseas’ heavy lift and pipelay vessel Pioneering Spirit.
Read More »Ineos E&P in the Black and Ready to Expand its North Sea Exploration Portfolio
One of the UK’s richest men is looking to expand his North Sea oil and gas portfolio after his exploration and production (E&.P) business returned to profitability in 2018.
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