Details on the offshore find are scarce.
European gas transmission system (GTS) operators have confirmed their readiness to supply natural gas to the south of Ukraine’s Odesa region through the Trans-Balkan pipeline in case gas supplies through the territory of Transnistria are blocked.
…BP’s chief executive said the anti fossil-fuel movement is targeting gas, as well as coal and oil , which could hinder the world’s ambitions to reduce carbon emissions and prevent climate change. “One…
Exxon Mobil Corp has appointed Bank of America Merrill Lynch to run the sale of its Malaysian oil and gas assets as the U.S. firm accelerates a vast disposal program.
Ukraine wants a long-term gas transit contract with Russia based on European standards, the prime minister said on Wednesday.
Aramco will have its oil production capacity fully restored happen by the end of next month, chief executive and chairman Amin Nasser said at an industry event in London as quoted by CNBC.
OPEC has granted Nigeria a higher oil output target under an OPEC-led deal to limit oil supply in a move unannounced by the group, following efforts by Africa’s largest exporter to tweak the agreement to accommodate its expanding oil industry.
Ukraine disagrees with renewal of the gas transit contract with Russia for one year because it intends to sign a long-term agreement “under European rules,” prime minister of Ukraine Alexei Goncharuk said at a briefing on Wednesday.
Gas transit agreement between Russia and Ukraine which expires in the end of this year can be extended for the transition period (of Ukraine’s introducing EU norms into its legislation).
The Saudi state oil company could float 1% to 2% of its shares on its domestic exchange by late November or early December