The trade association for the oil and gas industry has declared that the Autumn Budget could save millions of pounds by presenting a tax change to postpone the decommissioning of older energy fields.
read more... 23/11/2017
British Petroleum decided to sell its oil and gas assets in North Sea to Serica Energy in an agreement estimated at £300 million.
read more... 22/11/2017
Russian oil giant Rosneft has signed an agreement with Chinese company CEFC Energy, aiming crude oil supply. The accord is based on a long-term deal inked between parties earlier. The delivery will start next year.
read more... 21/11/2017
Romanian group OMV Petrom declares Brazi power plant is now 100% functional
read more... 15/11/2017
Eni and Oman’s OOCEP signed hydrocarbon production agreement
read more... 15/11/2017