Latest Stories

RWE enters Polish offshore wind development race

Russian InterRAO utility major posts lower output in 3Q19

Kosovan power producer KEK to receive €76mn EU grant to reduce pollution

Serbia to invest €1bn to meet EU’s environmental protection standards

Serbia's ultimate goal is to make all its energy facilities compliant with EU environmental standards, as it aims to join the bloc by 2025.

Eni stung by low prices in Q3, despite output gains

Producers eye further North Sea sales

Gazprom sticks to spending plan

Eni, Nigerian partners begin gas production at Obiafu 41

A joint venture led by Italy’s Eni has begun extracting natural gas and condensate from Obiafu 41, a new site in the Niger River Delta.

Polish imports of Russian oil down 20% in Q2

Gas production set to rise soon at Libya’s Faregh field

Waha Oil Co. (WOC), a subsidiary of Libya’s National Oil Co. (NOC), has begun test operations for the second phase of development at Faregh, a natural gas and condensate field.

US military sent to protect Syrian oilfields, Trump says “keep the oil”

Gazprom Neft starts work on $470mn catalyst unit

NOC officials say Libya needs reform to boost oil production

Representatives of Libya’s National Oil Co. (NOC) said at an industry forum in Tunis last week that the country was capable of increasing crude oil production levels significantly – but that it would have to work hard to achieve this goal.

ADNOC keeps up Ghasha momentum

Kazakh daily oil output hits all-time high above OPEC+ quota

Romania’s Romgaz and Azerbaijan’s Socar sign MoU on potential oil, gas cooperation

Shares of Russian oil dinosaur Surgut soar in mystery rally

The shares of Russian fourth largest oil producer Surgutneftegaz (Surgut) leaped by a third (31%) in value between October 23 and October 25 and setting a new all time high price record of RUB48 ($0.75), with no apparent catalysts or news flow.

Russian government details out Arctic oil subsidies

North Macedonia’s electricity output up 17.8% y/y in August

Slovenia’s net electricity output down 11% y/y in September

Baltic Pipe clears last major hurdle as Denmark grants offshore construction permits

The Baltic Pipe is a major element in Poland’s plan to wean itself off Russian gas, which currently covers around two-thirds of the country’s demand.

EBRD considers allocating up to $190mn in green financing to Lebanese banks

Iran’s flagship refinery ‘producing 20mn litres/day of Euro-5 fuel’

Three members of Slovenian Petrol's management board resign

Bankers Petroleum denies accusation of abusing dominant oil market position in Albania