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Rosneft signed a deal to buy a 30% stake in Zohr gas field

The Russian giant now owns a 30% stake in the Zohr gas field after closing a $1.125 billion (£850 million) transaction.

read more... 16/10/2017

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Eni draws its attention to Crete oil and gas exploration

Italy’s Eni is examining Crete’s sites as Greece intends to initiate its offshore oil and gas development.

read more... 10/10/2017

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A huge oil discovery made by Statoil on the UKCS

A corporation managed by Statoil has made a huge oil finding on the UK Continental Shelf (UKCS), at Verbier sidetrack well in the outer Moray Firth.

read more... 09/10/2017

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Rosneft is likely to increase crude oil exports to China

Russia’s major oil producer Rosneft considers strengthening its oil ties with China by significantly increasing oil deliveries through Kazakhstan.

read more... 09/10/2017

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Australia is most likely to beat Qatar in LNG exports

The world’s top supplier Qatar risks being dethroned as Australia expects to boost exports of liquefied natural gas (LNG) by 16 percent from 2018.

read more... 06/10/2017

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