EurOil - Europe Oil & Gas
UK-listed Energean Oil & Gas has agreed to exclude Algerian assets from the deal that will see it take control of a subsidiary of Italy’s Edison.
Höegh LNG has applied for an LNG infrastructure ownership, operations and development licence in Cyprus, under which it would supply a floating storage and regasification unit to the country.
Donald Trump said on April 2 that Russia and Saudi Arabia would be cutting their output, instead of continuing with a supply war that could result in hundreds of oil companies going out of business. The Kremlin denied his claim.
The Saudi-led oil glut leaves the energy transition and decarbonisation efforts hanging in the balance
UK imports of LNG more than doubled in 2019, reaching 200 terawatt hours (18.7bn cubic metres), preliminary government data have shown.