A large gas refinery in the Far East of Russia has been shut down after a fire erupted at the site early on Friday morning.
Petrofac has signed up to a strategic partnership with Gazprom, with the aim of establishing itself in Russia.
With winter fast approaching and a stunning energy price surge pummelling Europe, Russian President Vladimir Putin chose an opportune moment to use his country’s leverage as an oil and gas superpower.
Europe has “made mistakes”, Russian President Vladimir Putin said on October 6 during talks with his energy officials.
Analysts expect Australian liquefied natural gas (LNG) supplier Woodside (ASX:WPL) to benefit as China faces a severe winter of energy shortages, with primary energy demand surging to a 10-year high.
The chairman of the Oil and Gas Authority (OGA) has levelled an accusation at Russia over its role in the gas price crisis.
Europe may break new record gas prices, Gazprom head Alexey Miller has warned, noting under supplied gas storage facilities in the region.
Gazprom has confirmed that it has completed construction of the Nord Stream 2 gas pipeline, while also moving ahead with plans for a new LNG plant.
Nord Stream 2 AG, the controversial gas pipeline project owned by Gazprom, lost a German court fight to sidestep European Union rules separating production from transportation, a decision that may delay the start of the operations.
The world’s biggest oil and gas companies are more likely to talk to Wall Street about emissions than how their businesses might grow.
Gazprom EP International has restarted production in Libya, where it works with Wintershall Dea.
Bosses at Plexus said today they were projecting higher revenues in the second half of the wellhead technology firm’s financial year on the back of a deal with Spirit Energy.
Russia will remain the heart of Severstal’s focus for the near term, but uncertainty around the timing of a contract with Gazprom has encouraged international growth.
Plexus Holdings has given an optimistic outlook, hailing “real” signs of recovery, despite year-on-year revenues taking a nosedive due to Covid.
Libya has launched Sarir Oil Operations as a joint operating company to operate Contract Areas 91 and 107, previously held by Wintershall.
Netherlands-based Wintershall Noordzee has completed the third development well at the Sillimanite field in the southern North Sea.
The Covid-19 pandemic has devastated global oil and gas project sanctioning this year and will cause total committed spending to drop to around $53 billion from 2019’s $190 billion, Rystad Energy says.
An Aberdeen-based engineering group is eyeing a boost from Russia’s Far East after Covid-19 left it “scrimping and saving”, its boss said.
Russo-German firm Wintershall Noordzee has overcome Covid-19 to start production from a second well at the Sillimanite gas field in the southern North Sea.
National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie.
Wintershall Dea has achieved first gas at the Sillimanite field, a development stretching across the UK and Dutch sectors of the North Sea.
Exxon Mobil led the way with new finds off the coasts of Guyana and Cyprus as global oil and gas discoveries in 2019 hit a four-year high, according to a new report.
Russia officially opened its TurkStream natural gas pipeline on Wednesday, further diversifying export routes to Europe amid a backlash from the U.S.
Russia and Ukraine have agreed to continue sending gas through Ukraine to Europe for five years.
Wintershall’s local subsidiary has signed two exploration and production-sharing agreements (EPSAs) with Libya’s National Oil Corp. (NOC) after compromising on licence terms.