The euro fell below 99 cents for the first time in nearly two decades, while sterling was on the ropes on Monday as Russia's halt on gas supply down its main pipeline to Europe sparked concerns over energy prices and growth.The euro slid to $0…
From EQUANS' fabrication hall in Antwerp, Belgium, the topside for TenneT's Hollandse Kust (north) transformer platform was placed on a floating barge in the port on Monday. Following the load out, the steel structure weighing over 3,500 tons…
Belgian shipowner Exmar said on Friday it had signed a 10-year charter deal for the liquefied natural gas (LNG) vessel Excalibur with Eni as the Belgian shipowner closes the sale of its Tango LNG barge to the Italian energy group.The squeeze on oil and gas imports from Russia…
No details of an oil and gas licensing round in the British North Sea will emerge until after the official mourning period for Queen Elizabeth ends on Sept. 20, a spokesman for the North Sea Transition Authority said on Monday.New British Prime Minister Liz Truss…
Russian gas giant Gazprom said on Monday it had received a formal warning from Russian regulators that the idled Portovaya compressor station, which is supposed to push gas towards Germany through the Nord Steam 1 pipeline, no longer complied with safety requirements…
Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.Shell shut the 3…
Oil major Chevron has announced it is part of three joint ventures that have been granted permits to undertake evaluation and appraisal work for the potential storage of carbon dioxide offshore Australia.The blocks, including two in the Carnarvon…
American Bureau of Shipping ABS said Wednesday it was providing New Technology Qualification (NTQ) services for pioneering subsea storage technology from NOV.The Joint Development Project (JDP) includes NOV, ABS, Equinor, Shell, The Research…
Unions at Shell Plc's Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year site…
Output at Kazakhstan's Kashagan giant oilfield will remain below normal at least until the end of September due to maintenance following a gas leak early in August, two sources familiar with the situation told Reuters on Wednesday.Daily oil production on Kashagan stayed close to 100…
Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertilizer maker Yara's Dutch operation from 2025 in what they say is a commercial breakthrough for the business.The joint venture…
Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy ENR1n.DE is unable to carry out regular maintenance on equipment for the Nord Stream 1 natural gas pipeline, Interfax news agency reported.Periodic replacement of some equipment…
Shell on Tuesday said it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries.The Odyssey and Delta crude pipelines in September will be shut for planned maintenance early-to-mid September…
Oil major Shell has made a gas discovery in ultra-deep waters in the southern Colombian Caribbean, its partner, Colombia-based oil company Ecopetrol, said.The Gorgon-2 well is located 70 kilometers off the coast and was drilled at a water depth of around 2…
Wholesale gas prices have scaled 'insane' levels that will ultimately hurt demand, although the lack of Russian gas means Europe's supply will be tight for several years, the chief executive of German oil firm Wintershall Dea said on Tuesday…
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