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Equinor gets NPD approval to begin production at Aasta Hansteen gas field

Equinor and its partners have secured approval from the Norwegian Petroleum Directorate (NPD) for the start-up of the production facility at the Aasta Hansteen gas field.

read more... 04/09/2018

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Daily (31.08.2018): Europe power contracts on the curve gained due to higher prices for oil and gas.

Oil prices hiked on Thursday, after a decline in U.S. inventories and possible disruptions to oil supply from Iran and Venzuela. Brent crude surged by $0.63, or 0.8%, to trade at $77.77 a barrel. U.S. West Texas Intermediate futures rose by 13 cents to reach $69.64 a barrel. Oil prices hiked on Thursday, after a decline in U.S. inventories and possible disruptions to oil supply from Iran and Venzuela. Brent crude surged by $0.63, or 0.8%, to trade at $77.77 a barrel. U.S. West Texas Intermediate futures rose by 13 cents to reach $69.64 a barrel. Oil prices hiked on Thursday, after a decline in U.S. inventories and possible disruptions to oil supply from Iran and Venzuela. Brent crude surged by $0.63, or 0.8%, to trade at $77.77 a barrel. U.S. West Texas Intermediate futures rose by 13 cents to reach $69.64 a barrel.

read more... 31/08/2018

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Germany’s Wintershall to invest €2bn on Norwegian Continental Shelf fields

German crude oil and natural gas producer Wintershall revealed its intentions to invest about €2bn in exploration and development activities on its offshore Norwegian fields from 2017 to 2020.

read more... 29/08/2018

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UK's Petrofac sells North Sea assets for $292 million

British oilfield services provider Petrofac Ltd has agreed to sell its 20 percent interest in the Greater Stella Area of the North Sea to oil and gas operator Ithaca Energy in a deal worth up to $292 million.

read more... 27/08/2018

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Italian natural gas imports from Switzerland pick up on higher demand from generators

Italian natural gas imports from Switzerland stepped up post maintenance on the back of stronger demand from power generators, according to S&P Global Platts Analytics data. LNG regasification edged higher too, while flows from Austria were capped by planned maintenance, the data show.

read more... 24/08/2018

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