Oil & Gas

With almost a third of the Nord Stream 2 gas pipeline from Russia to Germany constructed, and a completion date of late 2019, there is growing opposition to the project from within the EU. Read more

A cooperation agreement has launched between industry solutions provider Caverion and Finland's state-owned gas company Gasum that concerns the maintenance and monitoring services at gas filling stations for light and heavy vehicles. Read more

A Chinese-led consortium has announced the discovery of the biggest North Sea gas field in a decade on the UK Continental Shelf, bringing a major boost to the British offshore industry. Read more

The European Gas Conference in Vienna has been discussing the Southern Gas Corridor and its key elements. The topics focused on were titled “Developments of the Southern Gas Corridor” and “TAP and TANAP: Getting ready to receive gas" Read more

Many sectors are actively seeking more cost-effective and sustainable measures, and none more so than the oil and gas industry. With the current difficult state of affairs for the sector, the choice to either end or extend asset life has become a cru Read more

Greentech remediation specialist Eko Harden Technologies (EHT) Oy has announced two new co-operation agreements with international pollution clean-up industrialist Mares S.r.L, a subsidiary of Kuwait Petroleum Italy. Read more

Germany-based Linde Group, one of the world's lead suppliers of industrial, process and speciality gases, and the Russia-based steel product manufacturer NLMK Group have signed an agreement for the long-term supply of oxygen, nitrogen and argon to th Read more

Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has agreed with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for $1.9 billion. Read more

BASF and LetterOne have reached an agreement to merge their oil and gas businesses, Wintershall and DEA, to form a joint venture operating under the name Wintershall DEA. Read more

Castrol, one of the world’s leading lubricants companies, has launched an innovative gear oil to help industry reduce energy consumption and prevent unexpected downtime caused by gear failures. Read more

In recent months, Stena Bulk has expanded its fleet in the Sonangol Suezmax pool with the addition of six Suezmax tankers. Read more

EEF, the manufacturers’ organisation warns that nearly half of the UK’s manufacturers remain concerned about their ability to access skills post-Brexit, according to a new report. Read more

Just a few years ago, warmer winters and a low demand for power generation led to an oversupply of fuel and diminishing prices. Fast forward to today, and the picture is very different. Read more

US President Donald Trump’s withdrawal from the Iran nuclear deal has many implications, both economic and political. Read more

Vitol and Quantafuel, a producer of synthetic low-carbon fuel, have formed a strategic partnership to market a low-carbon fuel produced at Quantafuel's recycling plants. Read more

Proserv has won a contract worth over $5.5million from Repsol to upgrade and build new subsea production control equipment for the Yme field redevelopment in the Norwegian North Sea. Read more

Faroe Petroleum has announced that the Norwegian Minister of Petroleum and Energy has approved the plan for the development and operation (‘PDO’) of the Fenja oil field. Read more

European refiners are threatening to cut Russian oil purchases due to worsening quality after Moscow has re-routed large volumes of crude to China as part of its fight with OPEC and the United States for market share in fast growing Asian markets. Read more

Hedge funds reported record wagers on continued price increases for both U.S. and global oil benchmarks, along with gasoline and diesel. Meanwhile, producers are hedging production at record rates as oil experiences its best January since 2006. Read more

Several ministers from Norway's new government on Monday (22 January) defended the country's push for more oil in the high north. Read more

  • Putin Schroeder Nord Stream 2

  • Caverion Gasum

  • north sea oil rig

  • European Gas Conference Vienna 2019


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