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Iran'.s oil production in July increased to 3.806 million bpd. a 4.000 bpd rise from 3.802 million bpd in June.

Once completed. Nordlink will have a total capacity of 1.4GW.

Total had previously withdrawn from the field in 2009 because of sanctions.

Gas pipelines connecting Russian supply to Europe make further inroads.

The acquisition will see OMV take ownership of Shell’s full New Zealand portfolio.

The Permian Highway Pipeline will provide additional capacity for reliable transportation of natural gas to the U.S. Gulf Coast.

Russia has repeatedly denied claims that the nerve agent. Novichok. used to poison the pair was developed in the country or the Soviet Union.

EIA expects 2018 output at 10.7 million barrels per day. fractionally down from 10.79 million barrels projected last month.

The firm will appoint an ``independent agent`` to execute the buyback.

Media reports claimed Total is looking to sell off more than £1 billion worth of assets.