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Norway's Equinor strikes Malaysia LPG deal with Global Petro Storage

Equinor and Global Petro Storage (GPS) have entered into a long-term agreement to build and operate a terminal and storage facility for liquefied petroleum gas (LPG) at Port Klang in Malaysia, the Norwegian company said on Thursday.

read more... 22/11/2018

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BSOG signs gas sales deal with Engie for MGD Project in Black Sea

Black Sea Oil & Gas (BSOG) and its partners have agreed to supply natural gas produced from the Midia Gas Development Project (MGD Project) offshore Romania to Engie.

read more... 21/11/2018

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NOVATEK discovers Nyakhartinskoye field

NOVATEK announced that its wholly owned subsidiary NOVATEK-Yurkharovneftegas, upon testing of the exploration well PO-1 achieved commercial flows of natural gas from the Lower Cretaceous sediments at the Nyakhartinskiy license area with a gas condensate mixture well flow rate of more than 300 thousand m3 per day.

read more... 20/11/2018

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Slovakia seen strengthening energy security, IEA says

The Slovak Republic has made significant progress on several fronts of energy policy, and together with its neighbors and with the support of the European Union, has strengthened cross-border connections for natural gas, oil and electricity.

read more... 20/11/2018

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Daily (16.11.2018): UK gas prices jumped by over 3% on Thursday: cold weather, strong demand

Oil prices rose slightly on Thursday, reversing previous losses, as trade disputes between China and the US are likely to ease. Nevertheless, market sentiment remained cautious because of worries that a supply glut might still happen amid a glum economic outlook. Brent crude futures gained 0.8% to settle at $66.62 a barrel. WTI crude was 0.4% up at $56.46 a barrel.

read more... 16/11/2018

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