North Sea oil production is struggling, according to independent energy research and intelligence business Rystad Energy. The company’s North Sea oil output forecast – which looks at crude and lease Continue Reading
pipUnited States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the “not Continue Reading
Ukrainian oil transit company UkrTransNafta has resumed oil transit toward European consumers after Hungary confirmed that it was ready to receive Russian oil, the company said on Tuesday. UkrTransNafta said Continue Reading
Crude and lease condensate production in the North Sea is set for lower levels in the summer months, further tightening the global oil market which is already grappling with production Continue Reading
Germany’s industry group MWV on Friday said there were no shortages of gasoline or diesel arising from the crisis due to the contamination of crude oil on Russia’s Druzhba pipeline, Continue Reading
JEDDAH (Reuters) – Oil loadings on a key export pipeline between Kazakhstan and Russia continue despite disruptions to flows via Russia from contaminated oil, Kazakhstan’s deputy energy minister Magzum Mirzagaliyev Continue Reading
Greenpeace activists blocked the entrance to BP headquarters in London on Monday, demanding one of the world’s biggest energy companies ends all new oil and gas exploration or goes out Continue Reading
Germany’s economy ministry on Monday said there are no considerations for the time being to release oil from strategic reserves as a problem with contamination continued to halt shipments on Continue Reading
Belarus may resume oil transit from Russia towards Poland at midnight on Monday, Belarus state energy group Belneftekhim said. A spokesman said the group expects to resume oil transit towards Continue Reading
Kazakh oil flowing via Russia to be loaded on tankers at the Baltic Sea port of Ust-Luga has been contaminated and Kazakhstan plans to seek compensation from Russian pipeline monopoly Continue Reading
