Russia boosted its gas output in 2016 at over 650bn m³, about 0.6% more than the previous year, the statistics of the Central Dispatching Department of Fuel Energy Complex (CDU TEK) show.
read more... 05/01/2017
Statoil, the Norwegian multinational oil and gas company, announced that it plans to drill around 30 exploration wells in 2017, an increase of around 30 percent compared to last year. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).
read more... 05/01/2017
Utility RWE and Duisport have committed to jointly create the necessary infrastructure to use LNG (liquefied natural gas) in the Duisburg port.
read more... 05/01/2017
Crude oil prices rebounded about 2 percent on Wednesday on expectations that U.S. crude stockpiles will decline and on signs that the world's top oil exporters will cut the output as agreed, move that took effect this week. Global benchmark Brent crude futures boosted 99 cents, or 1.8 percent, to close at $56.46 a barrel. U.S. West Texas Intermediate crude futures rose by 93 cents to settle at $53.26 a barrel, also a 1.8 percent gain.
read more... 05/01/2017
On 1 January 2017, commercial operations were launched at the Dunkirk regasification terminal in northern France.
read more... 04/01/2017