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Summer of LNG Starts With a Bang in Britain

The start of spring has heralded the return of liquefied natural gas to the U.K. As seasonal demand wanes in Asia, the key buying region…

Finland consents to Nord Stream 2 route

Nord Stream 2 AG today received the Government’s consent for the use of the Finnish Exclusive Economic Zone (EEZ) for the construction of the planned natural gas…

Bahrain discovers largest oilfield in decades

Bahrain said on Sunday it had discovered the country’s largest oilfield in decades, located off the west coast of the kingdom, according to state news…

Shell: World gas consumption to be reduced from 2040

British-Dutch oil and gas company Royal Dutch Shell has published a climate plan (scenario) Sky, prescribing actions that the world community must take to achieve…

Balticconnector project’s offshore pipeline installation agreement signed

Baltic Connector Oy and Elering AS have made an agreement on offshore pipeline installation work with Allseas. The agreement was signed on 29 March 2018, and…

PETRONAS, Saudi Aramco announce formation of their two new joint ventures in Malaysia

Petroliam Nasional Berhad (PETRONAS), the national oil company of Malaysia, and Saudi Aramco, the national oil company of Saudi Arabia, are pleased to announce the…

Germany Issues Full Set of Permits for Nord Stream 2 Construction

Nord Stream 2 AG received permission to build and operate a gas pipeline in the German Exclusive Economic Zone. According to the project company, the…

Gas Production in EU Declined by 3% in 2017

Gas production in the European Union decreased by 3% in 2017 compared to 2016 against the background of growing consumption. This is stated in the…

European Parliament backs Southern Gas Corridor

A motion introduced by the Green group to oppose “projects of common interest” based on fossil fuels, including the Southern Gas Corridor, envisaging transportation of…

Statoil to change name to Equinor

The board of directors of Statoil proposes to change the name of the company to Equinor. The name change supports the company’s strategy and development…

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