Latest news
Azerbaijan eyes to greatly increase gas production
Azerbaijan plans to increase gas production to 47.6 billion cubic meters in 2025, Elshad Nassirov, vice president for marketing and investments of Azerbaijan’s state oil company SOCAR, said in an interview with Platts, Trend reports.
read more... 27/03/2019
BP establishes $100M fund for projects for emissions reductions
BP has established a $100 million fund for projects that will deliver new greenhouse gas (GHG) emissions reductions in its Upstream oil and gas operations, Trend reports citing a message from the company.
read more... 27/03/2019
Daily (22.03.2019): NBP spot gas price dropped by almost 2% on Thursday, on robust supplies and milder weather
Crude oil prices slipped on Thursday, on weaker global demand and trade worries. However, losses were limited due to reduced global stocks, OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela. Brent oil dipped by 0.9% to $67.86 a barrel, while WTI futures edged 0.4% lower at $59.98 a barrel.
read more... 22/03/2019
Serbia's NIS, Swiss-based MET join forces in wind farm project
Switzerland-based MET Group said on Thursday its wholly-owned subsidiary MET Renewables and Serbian oil and gas group NIS have set up a joint venture for the construction of a 102 MW wind farm in northern Serbia.
read more... 22/03/2019
Construction Starts on Gazprom's Kharasaveyskoye Gas Field
Russian President Vladimir Putin has overseen the official start of the full-scale development of Gazprom's Kharasaveyskoye gas field on the Yamal Peninsula.
read more... 22/03/2019