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99% of TAP pipes welded in Greece, Albania

Around 99 percent of pipes of the Trans Adriatic Pipeline (TAP) have been welded in Greece and Albania, Trendreports with reference to TAP AG consortium. As…

Massive blast at Johor Petronas facility felt in Singapore

The impact from an explosion at a Petronas oil and gas facility in Pengerang, Johor, in the early hours of Friday (April 12), was felt…

Brazil has the potential for a 70% oil production increase by 2035

But is it likely? Brazil can look forward to some positive news when it comes to oil production for the next few years. After closing…

Shell Confirms Withdrawal from Baltic LNG Project

Shell no longer works with Gazprom on the project to build a gas liquefaction plant in Ust-Luga, Cedric Kremers, the chairman of the concern in…

Azerbaijan Reduced Oil Production to 798,000 B / D in March

The daily oil production in Azerbaijan in March 2019 amounted to 798 thousand barrels against 806 thousand b / d in February of this year,…

Turkmenistan’s gas exports depend on one country – Gazprom decided to take advantage of this

In 2015, Turkmenistan held a pompous ceremony to begin construction of a new TAPI export gas pipeline. However, until now the government of Turkmenistan has…

SOCAR talks on acquisition of oil fields in Russia

Currently, no investment decision has been made on acquisition of Antipinsky Refinery and oil fields in Russia by Azerbaijan’s state oil company SOCAR, spokesperson for…

Fight for Turkish Market: Russia Loses to Azerbaijani Gas and LNG

In 2018, Turkey increased the purchase of LNG by 13.2% – to 8.3 million tons. As a result, Ankara has become the second largest importer…

Azerbaijan Sharply Increases Gas Exports to Turkey Thanks to Shah-Deniz

Azerbaijan in January 2019 exported 808.36 million cubic meters of gas produced from the Shah-Deniz field to Turkey, which is 36.1% higher than the figure…

The EC approved the allocation of €39 mln. for the construction of Interconnector Greece-Bulgaria

The price offers in the open procedure for the “Selection of a consultant for construction supervision for construction of gas interconnector Greece-Bulgaria” are to be…

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