Shell is to invest in a new pipeline as part of moves to increase gas production and reduce costs in the North Sea.
read more... 11/12/2018
After two years in intense negotiations, shadowed by on-off parallel talks with Turkey, Israel has agreed with European nations to supply the European Union with its future natural gas needs. The project will turn Israel into a significant fuel-exporting nation.
read more... 10/12/2018
Spanish oil major Repsol said Thursday its shale gas production in the Marcellus Shale play could grow by 50% by the end of 2020, Kallanish Energy learns.
read more... 07/12/2018
Oil prices slipped on Wednesday, as President Donald Trump expects steady crude flows. Brent crude price edged 0.8% lower to $62.08 a barrel. Meanwhile, WTI crude fell 0.7% to $52.89 a barrel, as losses were limited by potential cuts in oil production.
read more... 06/12/2018
Danish offshore driller Maersk Drilling and Seapulse have signed a master alliance agreement under which Maersk Drilling will provide fully integrated services for a global offshore oil & gas exploration drilling program of 12 wells.
read more... 05/12/2018