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OMV to Buy Siberian Assets from Gazprom Instead of Swap

Oct 03, 2018

OMV has agreed to buy Siberian assets from Gazprom instead of swapping them, the Austrian oil and gas group said on Wednesday.In 2016, OMV agreed to swap 38.5 percent of its Norwegian assets for 24.98 percent of the Russian company's Urengoy gas field…

Novatek to Open Third Line of Yamal Project in December

Oct 02, 2018

Russian natural gas producer Novatek plans to open the third line of its Yamal liquefied natural gas project in December, ahead of schedule, Chief Executive Leonid Mikhelson said on Tuesday.Novatek's Yamal terminal has been ramping up LNG shipments…

Current News

Big Oil to Look Beyond Middle East as War Raises Risks

Big Oil to Look Beyond Middle East as War Raises Risks

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Eni Exits Consortium for Oil and Gas Exploration Offshore Israel

Eni Exits Consortium for Oil and Gas Exploration Offshore Israel

Big Oil to Reap Billions from Energy Price Surge

Big Oil to Reap Billions from Energy Price Surge

UAE Stands Ready to Join Force to Reopen Strait of Hormuz

UAE Stands Ready to Join Force to Reopen Strait of Hormuz

Asian Buyers Rush for Russian Oil Amid Supply Disruption

Asian Buyers Rush for Russian Oil Amid Supply Disruption

Mubadala Energy Secures Southwest Andaman Exploration Block off Indonesia

Mubadala Energy Secures Southwest Andaman Exploration Block off Indonesia

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