EU condemns arrival of second Turkish drillship off Cyprus
Policy
A second Turkish drillship has dropped anchor off the northeast of the Karpasia panhandle (pictured) of Cyprus, triggering condemnation from
Archive for July 2019
|
Oil giants not enemy to climate action: industry advocate
Industry
A representative of the fossil-fuel sector says North Sea oil firms are “not the enemy” in the fight against climate
Oil prices rise despite global economic woes
Consumption
Oil prices have risen following last week’s improved US market data but fears about the global economy have limited increases.
Turkey steps up drilling activity
Production
A second Turkish drillship will begin searching for fossil fuels off the Cypriot coast within a week, Turkey’s energy minister
US calls IAEA meeting on Iran
Policy
The UN’s Vienna-based nuclear watchdog says it will meet next week to discuss Iran’s nuclear programme at the request of
Equinor makes ‘profitable’ Oseberg discovery
Industry
Norway’s oil and gas giant, Equinor, says it has made a “profitable oil discovery” at Oseberg in the North Sea
North Sea assets due to resold after EDF deal
Production
French energy giant EDF’s North Sea oil reserves look set to rapidly change ownership after they were bought up by
UK cuts cost of North Sea rig decommissioning
Industry
The projected cost of decommissioning North Sea oil and gas rigs has been cut by almost £9 billion in two
Can East-Med gas partners afford to keep Turkey out?
Opinion
Not a week goes by without saber rattling in the Eastern Mediterranean waters off the divided island of Cyprus. There,
Does Senegal’s petro-scandal break with African precedents?
Policy
When a recent BBC investigation alleged corruption behind the allocation of energy contracts for gas fields off the coast of
Gazprom signs deal to restore Turkmen gas imports
Consumption
Russia’s state-owned gas export monopoly Gazprom says it has agreed to import gas from Turkmenistan until July 2024 in an
Oil part of climate solution: Opec boss
Consumption
Opec’s secretary general, Mohammed Barkindo, says “unscientific” attacks on the oil sector by environmentalists are “perhaps the greatest threat to
Russia: oil output below Opec+ target
Production
Russia’s average daily oil output last month stayed below its Opec+ target, repeating the trend seen in May’s output, as
Iran exceeds 2015 nuclear limits
Production
Iran exceeded limits on enriched uranium stockpiles agreed in the 2015 nuclear deal, the United Nations’ nuclear watchdog has reported.
Competing visions for hydrocarbons in the melting Arctic
Environment
The acceleration of climate change and geopolitical tension surrounding hydrocarbons are churning the global energy landscape. Nowhere is the speed