LNG Hrvatska has said it intends to announce the results of the three-stage capacity auction for its new floating storage and regasification unit (FSRU) on May 28.
German gas pipeline companies recently submitted a draft plan to national regulators calling for 7 billion euros (US$8.6 billion) to be spent on expanding and upgrading the country’s grid by 2028...
Norway’s Det Norske Oljeselskap (DNO) announced on April 4 that it had agreed to acquire a 15.37% stake in North Sea oil company Faroe Petroleum.
EU lawmakers came out in support of extending the bloc’s energy market rules to pipelines to and from third countries last week, in a setback for Russia’s controversial Nord Stream 2 project.
More new investment is forecast in the UK North Sea in 2018 than in the past three years combined, though a slowdown in exploration drilling remains a concern.
Royal Dutch Shell has confirmed it is selling its 44.6% stake in the Draugen oilfield and its 12% stake in the Gjoa oilfield in the Norwegian Sea.
Repsol has reportedly sought the advice of Merrill Lynch Bank of America to value its UK North Sea portfolio, which it controls through the Repsol-Sinopec Resources joint venture.
A senior official at Romania’s National Agency for Mineral Resources (ANRM) has claimed the country could almost double its production of national gas by 2025.
Neptune Energy has taken a big step forward in its ambition to become the world’s leading oil and gas independent.
A gas company in Bosnia’s Serb Republic has threatened to suspend supplies later this month to the country’s capital, Sarajevo, in a long-standing dispute over transport tariffs. The move would...
The UK North Sea will yield around GBP1 billion (US$1.4 billion) in tax revenue this financial year as oil prices continue their upward march, government figures suggest.
Croatian gas distribution firm Plin Vtc has said it is seeking a strategic partner to prepare for the country’s shift to a fully liberalised gas market by 2021.
Italian oil major Eni has announced the activation of its new oil and gas exploration analysis supercomputer, which is based at the Eni Green Data Centre near Milan.
Royal Dutch Shell has announced plans to redevelop the Penguins oil and gas field in the UK North Sea, the company’s first significant investment in the area in more than six years.
A flurry of development plans submitted at the end of the year meant Norway overtook the US to have the highest total offshore project capital expenditure committed anywhere in 2017.