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Europe Gas Trade Volume on Track for Record in 2018

Sep 21, 2018

European gas trading volumes in 2018 may beat the record 51,000 terawatt hours (TWh) recorded in 2016 unless unseasonally warm weather prevails for the rest of this year, Prospex said in a report on Friday.The British research company said slower…

Lukoil Gets Approval for LPG Supplies to Ukraine

Sep 21, 2018

Russia's No.2 oil producer Lukoil has obtained approval from a Russian export control regulator on supplies of liquefied petroleum gas (LPG) such as propane and butane to Ukraine, traders said on Friday.LPG and diesel were listed as goods of dual purposes…

Verus Petroleum Buys UK Oil Firm Cieco

Sep 20, 2018

Aberdeen-based Verus Petroleum has agreed to acquire Cieco, a subsidiary of Japanese commodity trading house Itochu for an undisclosed sum, Verus' majority owner, Norwegian private equity firm HitecVision, said on Thursday.The acquisition, which…

Current News

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Middle East Conflict Jolts Offshore Drilling Market

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Bureau Veritas Expands Offshore Services with New Asia Hub

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Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

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Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

US-Israel War on Iran Creates Biggest Energy Crisis in History

US-Israel War on Iran Creates Biggest Energy Crisis in History

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Oil Flows to Lag Even if Hormuz Strait Reopens

Oil Flows to Lag Even if Hormuz Strait Reopens

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