Oil prices rise amid talk of Russia supply cut extension
Production
Oil prices rose above US$62 a barrel yesterday (Tuesday) as Opec and Russia looked closer to agreeing to withhold supplies,
Production
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Oil prices recover after 5-month low
Production
Oil prices rose more than 1 per cent today (Friday) after a five-month low this week amid signs that Opec
Equinor to decide on giant North Sea field in 2022
Production
Major fossil-fuel projects in the North Sea are pushing the UK higher up Norwegian oil and gas giant’s Equinor’s list
Druzhba crisis helps Russia comply with Opec caps
Production
Russia’s average daily oil output last month fell below its agreed Opec+ limit for the first time because of the
Turkey sparks anxiety with Russian missile-defence system
Production
Turkey is reportedly considering deploying its controversial new Russian missile-defence system along its Mediterranean coast, which will bolster its efforts
Oil prices rise again under supply concerns
Production
Oil prices have risen today (Tuesday), with the global supply crisis outweighing the ongoing impact of the US-Chinese trade dispute, which
Predictive analysis aims to boost oil rig safety
Production
A predictive analysis provider in Scotland has appointed a leading behavioural psychologist to improve oil and gas rig safety. The
Druzhba crude supplies ready to restart: Moscow
Production
Russia’s energy ministry says it is sending clean crude oil through its Druzhba pipeline to Hungary and Slovakia, with uncontaminated
Cypriot gas drilling due to start within 24 months
Production
Cyprus’ energy minister Giorgos Lakkotrypis says oil and gas majors will drill off the island’s southern coast at eight separate
EDF extends nuclear plant outages
Production
EDF Energy, owned by French utilities giant EDF, has extended outages at the two reactors at its Hunterston power station
The Libyan oil era is over
Opinion
For decades, Libyan oil has been a linchpin of European oil-supply security. In 2011, the British and French even went
Funding available to test tidal power designs
Production
The first call for applications in the €13-million Ocean Demo initiative, which is funded by Interreg North-West Europe, is now
Equinor bumps up US operations
Production
Norwegian oil and gas giant Equinor is due to boost its stake at the Caesar Tonga oil field in the
Hormuz explosion pushes up oil prices
Production
Oil futures rose today (Monday) amid increasing concerns about West Asian supply disruptions despite the standoff in US-China trade talks.
Saudi export rise to prop up US Iran sanctions
Production
Oil prices have hit a six-month peak as Opec apparently looks to raise output following Donald Trump’s decision not to