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Oil production reaches a record high in Kazakhstan

Oil production in Kazakhstan reached a record high in the entire history of the development of the oil and gas industry in the country, the FinFeview reported.

read more... 04/02/2020


Daily (24.01.2020): Energy prices in a bearish mood on Thursday on worries about coronavirus, weaker demand and milder weather

Oil prices ended lower on Thursday as the rapid spread of the new coronavirus could dent demand for black gold. Oversupply concerns, despite oil production disruption in Libya, also put pressure on prices.

read more... 24/01/2020


Daily (21.01.2020): Crude oil hits the highest level in a week due to supply disruption in Libya

Crude oil prices climbed to their highest level in more than a week on Monday, due to a halt in the crude production at two large Libyan oilfields after forces loyal to commander Khalifa Haftar closed a pipeline, bringing back the focus on supply risks.

read more... 21/01/2020


Daily (16.01.2020): British spot gas down 1.9% on robust wind output, healthy flows from Norway

Oil prices declined slightly on Wednesday after the release of a report showing a sharp increase in refined products in the United States and a rally in black gold production to a record level. However, the losses were curtailed by the signature of the Phase 1 U.S.-China trade agreement.

read more... 16/01/2020


Equinor to extend the life of Statfjord field towards 2040

Norwegian oil and gas company Equinor and its partners in the Statfjord area have identified and approved plans to extend production from the field towards 2040.

read more... 09/01/2020