Latest news
Portugal books LNG cargo from Trinidad and Tobago
REN-operated Sines LNG import terminal in Portugal is set to receive a cargo of liquefied natural gas from Trinidad & Tobago at the end of the week.
read more... 21/05/2019
Norway approves extension to giant oilfield
Authorities in Norway have formally approved the development and operation of the second phase of the giant Johan Sverdrup oil field.
read more... 16/05/2019
Russia Oil Production Dips
Russia’s crude oil production averaged 11.16 million bpd in the first twelve days of May, Oil Price reported on Tuesday, citing two industry sources, which means that Moscow is finally within its cap under the OPEC+ deal.
read more... 15/05/2019
Russia’s Novatek could almost triple Vysotsk LNG capacity
Russia’s Novatek, the operator and developer of two giant Arctic LNG export projects, may significantly increase output at its medium-scale liquefied natural gas export plant in Russia’s Baltic Sea port of Vysotsk.
read more... 14/05/2019
Equinor increases stake in Gulf of Mexico oilfield
Norwegian oil company Equinor has increased its stake in the Caesar Tonga oilfield in the U.S. Gulf of Mexico by buying Royal Dutch Shell’s 22.45% stake for $965 million in cash.
read more... 14/05/2019