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Russia's Novak sees global oil output cuts easing from August

Russian Energy Minister Alexander Novak said on Thursday that the OPEC+ group of oil producers is expected to start easing oil output cuts from August as previously agreed.

read more... 06/07/2020

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OMV Petrom gets E&P license for Georgian Black Sea perimeter

Georgia’s Oil and Gas Agency has granted oil and gas exploration and extraction licenses to Romanian oil company OMV Petrom, a member of the Austrian OMV Group, Bm.ge reported.

read more... 29/06/2020

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Total and Sonatrach extend their partnership in LNG

Total and Sonatrach have signed an agreement to renew their partnership in the field of LNG. This agreement notably allows to extend the existing supply contracts for three additional years in order to provide 2 million tpy of Algerian LNG to the French market, primarily through an LNG terminal at Fos Cavaou. The agreement also includes the sub-charter of an LNG tanker of Total by Sonatrach.

read more... 26/06/2020

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Shell to supply carbon-neutral LNG cargoes to China’s CNOOC

LNG giant Shell said it recently signed a deal to supply carbon-neutral liquefied natural gas cargoes to CNOOC Gas & Power Group, a unit of China National Offshore Oil Corporation.

read more... 22/06/2020

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RWE, German LNG to explore hydrogen opportunities

RWE and German LNG Terminal have agreed to jointly explore the development of green hydrogen possibilities via the planned LNG terminal in Brunsbüttel.

read more... 19/06/2020

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