Norway anticipates the price it commands for gas exports will decrease by 25% between now and 2021 as global LNG supplies outpace European demand.
German chemicals giant BASF and Russia’s LetterOne have struck a deal to merge their oil and gas businesses and then list the newly formed company.
Chevron announced on September 26 it had received an approach for its 40% stake in the West of Shetland (WoS) Rosebank development.
Cyprus and Egypt signed the Pipeline Intergovernmental Agreement at the Presidential Palace in Nicosia on September 19.
ExxonMobil is considering spending more than GBP500 million (US$650 million) on an upgrade of its Fawley refinery in the UK, marking what would be the US energy giant’s biggest investment in the...
Centrica-backed Spirit Energy will farm in to Hurricane Energy’s Greater Warwick Area (GWA) project in the North Sea, agreeing to invest nearly US$400 million in return for a 50% stake.
Norway’s Equinor anticipates getting more for less from its flagship Johan Sverdrup oilfield in the North Sea.
The Netherlands could become a net gas importer for the first time in more than half a century in 2018.
Cyprus and Egypt have reached an agreement on the construction of a pipeline to carry gas from the Aphrodite field, located 180 km southeast of the island, to the Nile Delta coast of Egypt.
Romania is under pressure from neighbouring Hungary to proceed with the construction of its section of the Bulgaria-Romania-Hungary-Austria (BRUA) pipeline.
Refiners in Northeast Asia are compensating for falling exports of Iran’s South Pars condensate by tapping more volumes from Norway.
The Romanian Chamber of Deputies has adopted a new offshore law after lengthy debate, setting new rules for oil and gas exploitation in the country’s Black Sea territorial waters.
BP is expanding its stake in the UK’s Clair field by buying a 16.5% interest in the asset from ConocoPhillips.
State-owned LNG Hrvatska has launched the second round of bidding for capacity at Croatia’s first LNG facility, which it is building on the island of Krk in the northern Adriatic Sea.
A tender for the sale of a minority stake in Greece’s Public Gas Corporation (DEPA) will be launched in November.