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French and US utilities join together to sell LNG

French and US utilities have teamed up to sell liquefied natural gas (LNG) in Central America. ENGIE and AES will use the Costa Norte LNG terminal presently under construction in Panama.

read more... 15/05/2017

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Malaysia: Petronas aims new markets for LNG

Malaysian oil company Petronas is targeting new markets to sell liquefied natural gas, including as fuel for vessels, the manager of its upstream operations told Reuters on Monday.

read more... 09/05/2017

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Russia: Oil production was cut more than required in OPEC agreement

Russia’s Energy Ministry announced on Wednesday that the country’s oil production was 300,790 barrels per day (bpd) on the 1st of May, which is below the level registered in October and far less than requested under the OPEC agreement.

read more... 05/05/2017

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Poland signed the deal with U.S. for the first LNG deliveries to start in June

This week, Polish gas firm PGNiG signed with U.S. Cheniere Energy the deal to import the American LNG.

read more... 27/04/2017

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Norway doubles Barents Sea oil and gas resource estimates

Norway’s oil regulator, Norwegian Petroleum Directorate (NPD), announced new forecasts on Tuesday, concerning the unfound oil and gas resources in the Arctic Barents Sea area, doubling them at approximately 17.6 billion barrels.

read more... 25/04/2017

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