Latest news
Statoil begins construction works on Norway’s biggest oil line
Statoil made known on Monday that Italy’s Saipem has commenced operations to install Norway’s biggest crude oil pipeline, part of the Johan Sverdrup offshore expansion.
read more... 03/05/2018
Iran wants to form common oil company with Azerbaijan
Iran wishes to create a joint oil firm together with Azerbaijan. Amir Hossein Zamaninia, the Islamic Republic’s Deputy Oil Minister for International and Commercial revealed that the company will be formed within the framework of an agreement recently inked between the two parties.
read more... 30/04/2018
LNG demand in Asia is most likely to absorb supply
A decline in liquefied natural gas (LNG) price was expected as new projects coming online boost supply.
read more... 27/04/2018
BP and Petrobras ink exploration MoU
BP and Petrobras have inked a Memorandum of Understanding (MoU) to explore a huge diversity of joint projects, both in Brazil and around the rest of the world.
read more... 17/04/2018
Russia doubles LNG exports as incomes grow three times
In the first two months of the current year, exports of liquefied natural gas (LNG) from Russia doubled compared to the same period in 2017 to five million cubic meters.
read more... 10/04/2018