Cypriot gas drilling due to start within 24 months
Production
Cyprus’ energy minister Giorgos Lakkotrypis says oil and gas majors will drill off the island’s southern coast at eight separate
Production
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EDF extends nuclear plant outages
Production
EDF Energy, owned by French utilities giant EDF, has extended outages at the two reactors at its Hunterston power station
The Libyan oil era is over
Opinion
For decades, Libyan oil has been a linchpin of European oil-supply security. In 2011, the British and French even went
Funding available to test tidal power designs
Production
The first call for applications in the €13-million Ocean Demo initiative, which is funded by Interreg North-West Europe, is now
Equinor bumps up US operations
Production
Norwegian oil and gas giant Equinor is due to boost its stake at the Caesar Tonga oil field in the
Hormuz explosion pushes up oil prices
Production
Oil futures rose today (Monday) amid increasing concerns about West Asian supply disruptions despite the standoff in US-China trade talks.
Saudi export rise to prop up US Iran sanctions
Production
Oil prices have hit a six-month peak as Opec apparently looks to raise output following Donald Trump’s decision not to
ConocoPhillips ditches North Sea assets
Production
Houston-based ConocoPhillips has jettisoned its North Sea exploration and production after selling its UK-based oil and gas assets to Chrysaor
Markets await renewed Iran waiver
Production
Donald Trump has discussed Abu Dhabi’s “contributions to the global energy markets as a reliable supplier of oil” during talks
Cyprus and Lebanon eye oil and gas alliance
Production
Lebanese Foreign Minister Gebran Bassil has announced an agreement with Cyprus to address their maritime border to enable “an oil
China unveils nuclear fusion project
Production
Chinese scientists say they want to start generating electricity from an experimental nuclear fusion reactor by around 2040. China is
Goldman forecasts 11%-oil-price boost
Production
Investment banking giant Goldman Sachs has boosted its second-quarter Brent crude price forecast by 11.5 per cent from US$65 per
Kazakhstan prepares for Uzbek oil exports
Production
Kazakhstan is due to begin annual deliveries of up to 2 million tonnes of oil to neighbouring Uzbekistan. The new
Libya braces for renewed clashes
Production
Libya’s battle to control the country’s oil fields is ongoing, with US$80 billion in oil revenues and foreign reserves managed
North Sea drilling comes up dry
Production
Disappointing results from a North Sea test well hammered Jersey Oil and Gas shares during the week as the Verbier