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AGOCO says it may have to stop production because of inadequate funding
Arabian Gulf Oil Co. (AGOCO), a subsidiary of Libya’s National Oil Corp. (NOC), has revealed that it may halt production soon because it does not have enough money to sustain its operations.
LatAmOil: Petrobras shareholders seek to narrow scope of 17th Bidding Round
Petrobras has been asked by a group of shareholders to eliminate more than a dozen offshore blocks from the roster of sites included in the 17th Bidding Round.
AfrOil: AfDB head optimistic about Mozambique LNG
Akinwumi Adesina, the president of the African Development Bank (AfDB), has said he believes that TotalEnergies (France) will be able to resume work on the Mozambique LNG in about 12-18 months.
Norway's Troll Phase 3 starts up
Spirit to decommission UK's Chestnut field
Italy could reap gains by expanding its LNG import capacity
Rosneft ramps up drilling to stem Bashneft decline
KMG profits surge in H1 on higher oil prices
Methane plumes spotted in Romania
EurOil: Wood urges against end to oil exploration
FSUOGM: Sechin pushes for access to European gas market
Gazprom profits triple in Q2 on gas price spike
Spirit discovers more gas at Grove field
SAFE Boats, Diverse Marine partner on US offshore wind
SAFE Boats International, of Bremerton, Washington, has signed a formal partnership agreement with Diverse Marine, of Cowes in the UK, targeting the US offshore wind market. SAFE Boats has been working with Diverse Marine in Europe for three years.
Gas prices top $600 per thousand cubit metres
Lithuania hails updated LNG contract with Norway's Equinor
DTEK Energy revenue increases 15% EBITDA falls 30% in 1H21
DTEK Energy revenue increases 15%, EBITDA falls 30% in 1H21
Hungary and Russia reach long-term gas supply agreement
The agreement, to be signed at the end of September and coming into force from October 1, will be in force for 10+5 years.
REM: Germany’s RWE Group ramps up foothold in US renewables market
Germany’s RWE Group ramps up foothold in US renewables market, completing a wind project in New York State and signing a power purchase agreement for a solar project in Texas.
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