Norwegian oil and gas firm Statoil (STO) has found between 5 billion and 20 billion cubic metres of recoverable gas in the Arctic Barents Sea, near its Johan Castberg find, the Norwegian Petroleum Directorate said on Friday.
Statoil owns 40 percent of the licence while RN Nordic Oil, North Energy and Edison each hold 20 percent.
By Balazs Koranyi
Eni, the Italian energy company, announced on Saturday that it had launched in the shipyard of Wison Heavy Industry in Nantong…
The Moldovan energy minister announced on Friday that he will meet with Russian gas giant Gazprom in St. Petersburg, Russia…
Two sources familiar with the matter said that Brazilian state-run Petrobras was in discussions with Raizen, BP, and Inpasa…
ArcelorMittal is the second largest steelmaker in the world. It announced on Friday that it was delaying green investments…
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Exxon Mobil, a U.S. oil company and its partners pulled out of negotiations on Thursday with Guyana’s government over terms…
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Danos announced that two of its leaders, Melanie Hill and Scott Theriot, have been named to prestigious “40 Under 40” lists for 2024.Melanie Hill…
Germany is expanding its natural gas import options to replace Russian supply. Following are updates on key facilities and…
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