Swedish oil firm Lundin Energy , a partner in Norway’s giant Johan Sverdrup oilfield, reported on Wednesday a worse-than-expected operating profit, despite producing record output in the quarter.
read more... 29/07/2020
Total has signed an agreement to sell the Lindsey refinery to independent British conglomerate Prax Group.
read more... 29/07/2020
Crude oil futures rose modestly at the beginning of the week, gaining little support from new stimulus package in the U.S. and weaker dollar. However, the persisting spread of COVID-19 and its impact on the economy, as well as U.S.-China tensions slashed prices gains. Hence, Brent crude added 0.2% to settle at $43.41 a barrel. At the same time, U.S.WTI crude increased by 0.8% to close at $41.60 a barrel.
read more... 28/07/2020
Dutch government to reveal developer for 700MW offshore wind site on Wednesday
read more... 28/07/2020
The US authorities already held talks with German and European companies involved in construction of the Nord Stream 2 gas pipeline, the German Die Welt paper wrote on Saturday with reference to sources
read more... 28/07/2020