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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

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

Philippines Seeks US Extension to Buy Russian Oil

Philippines Seeks US Extension to Buy Russian Oil

Borr Drilling Expects Higher Activity as Rigs Return to Work

Borr Drilling Expects Higher Activity as Rigs Return to Work

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

China Calls for De-Escalation as US Threatens Hormuz Blockade

China Calls for De-Escalation as US Threatens Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

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Copper prices are at a six-week high on the back of renewed US-Iran discussions
MORNING BID EUROPE-Stocks rise, blockade holds, talks may resume
Gold falls from a one-month high due to a stronger dollar and US-Iran talks.
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