Germany is not planning to tap its strategic oil reserves but is monitoring the local fuel supply situation closely, the country’s economy economic and energy ministry said Friday, faced with Continue Reading
Russia will pump dirty crude oil back from Belarus as it tries to clear a major pipeline of the contaminated oil that has caused the worst ever disruption to its Continue Reading
France’s oil and gas major Total is looking to sell a third of its 17-percent interest in the giant Kashagan oil field in Kazakhstan, aiming to raise up to US$4 Continue Reading
London — French power prices this summer will be influenced by unprecedented conditions surrounding the availability of the nuclear fleet and low levels of hydro stocks, S&P Global Platts Analytics Continue Reading
On Monday morning staff based at BP’s head office in central London woke to find that their building had been blockaded by climate protesters. Greenpeace activists put five large steel Continue Reading
MOSCOW (Reuters) – Russia is using rail, storage tanks and ships to remove contaminated oil from an export pipeline, and has so far extracted around 2 million tonnes of the Continue Reading
There is a growing push in the U.S. Congress to slap sanctions on the Nord Stream 2 pipeline. The pipeline under construction would carry Russian natural gas to Germany, and Continue Reading
Norway’s crude oil production slipped to 1.38 million bpd in April from 1.387 in March and 1.531 million bpd a year ago, the Norwegian Petroleum Directorate reported this week. The Continue Reading
The shutdown of a major Russian pipeline that sends crude to European refineries has fueled concerns of tightness in the global oil market, driving futures prices higher. Problems with the Continue Reading
The competition for a stake in the European gas market is heating up in 2019, which promises to be an important year. The outcome of this contest will have a Continue Reading
