Irish oil firm wins funding for offshore drilling
Production
Dublin-based oil producer Providence Resources says it has secured a loan to fund drilling off the Irish coast this year
Production
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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
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
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,
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.
Kenyan judges block Chinese coal plant project
Production
Kenyan judges have blocked plans to construct East Africa’s first coal power station with Chinese funding near the coastal town
US firm opens Welsh renewable plant
Production
A £160-million power plant generating renewable electricity for up to 75,000 homes in south Wales has entered commercial operation.
Turkey warns EU against Cyprus intervention
Production
Turkey has warned the European Union that any intervention over Cyprus’ exclusive economic zone (EEZ) would harm relations with Greece
Dancing with the devil: Rosneft and the future of Iraqi Kurdistan gas
Opinion
Over the past year, the gas-exporting ambitions of the Kurdistan Region of Iraq (KRI) appeared, finally, to brighten. Last May,
Oil prices rise amid talk of Russia supply cut extension
Production
Oil prices rose above US$62 a barrel yesterday (Tuesday) as Opec and Russia looked closer to agreeing to withhold supplies,
Oil prices recover after 5-month low
Production
Oil prices rose more than 1 per cent today (Friday) after a five-month low this week amid signs that Opec
Equinor to decide on giant North Sea field in 2022
Production
Major fossil-fuel projects in the North Sea are pushing the UK higher up Norwegian oil and gas giant’s Equinor’s list
Druzhba crisis helps Russia comply with Opec caps
Production
Russia’s average daily oil output last month fell below its agreed Opec+ limit for the first time because of the
Turkey sparks anxiety with Russian missile-defence system
Production
Turkey is reportedly considering deploying its controversial new Russian missile-defence system along its Mediterranean coast, which will bolster its efforts