Latest news
LNG Will Not Save Europe from Winter Gas Crunch
Europe’s vast network of liquefied natural gas terminals can’t save it from a winter supply crunch.
read more... 20/08/2021
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First oil at Norway's Rolvsnes field
Norway-focused independent Lundin Energy has started crude production from an extended well test (EWT) at the Rolvsnes field in the Norwegian North Sea.
read more... 11/08/2021
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OPEC, allies reach ''full agreement'' after production spat
The energy minister of the United Arab Emirates said Sunday that OPEC and allied countries have reached a "full agreement" after an earlier dispute that roiled oil prices.
read more... 19/07/2021
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U.S. crude stockpiles fall for eighth week in a row - EIA
U.S. crude oil stockpiles fell for the eighth straight week last week, as renewed vigor in the U.S. economy continues to drive higher fuel demand, the Energy Information Administration said on Wednesday.
read more... 15/07/2021
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Shipping industry seeks to combat dark oil transfers at sea
Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with elaborate strategies to dodge them.
read more... 14/07/2021