Latest news
Russian oil output falls to near 3-yr low in early July - sources
Russian oil production fell close to a three-year low in early July, to 10.79 million barrels per day (bpd), dragged down by declining output at Rosneft , the country’s largest oil producer, industry sources told Reuters on Tuesday.
read more... 10/07/2019
Equinor to sell 16% stake in Lundin Petroleum for £1.2bn
The Norwegian oil and gas giant will hold a 4.9% stake in the Swedish company while increasing its ownership in the Johan Sverdrup field.
read more... 08/07/2019
Equinor strikes oil at Oseberg area
Norwegian offshore oil and gas firm Equinor had said it has made a profitable oil discovery in Oseberg area in the North Sea.
read more... 05/07/2019
Romania's OMV Petrom starts 30 mln euro new offshore drilling campaign
Romania's top oil and gas group OMV Petrom said on Monday it has started a 30 million euro ($34 million) new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea.
read more... 04/07/2019
Yamal LNG H1 2019 production hits 9 million tons
Russia’s largest independent natural gas producer Novatek said that Yamal LNG has produced 9.0 million tons of LNG and 0.6 million tons of stable gas condensate in the first half of 2019.
read more... 03/07/2019