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W.Europe

W.Europe
2016, October, 27, 18:30:00

STATOIL NET LOSS $117 MLN

Net operating income was USD 737 million in the third quarter compared to USD 883 million in the same period of 2015. The reduction was primarily due to lower oil and gas prices, expensed exploration wells and lower refinery margins. Continued progress on the improvement programme with reduced costs and strong operational performance contributing positively to the results.

W.Europe
2016, October, 26, 18:40:00

RUSSIA - NORWAY EXCHANGE

The Norwegian Petroleum Directorate (NPD) and Russian petroleum authorities (Federal Subsoil Resources Management Agency, Rosnedra) have entered into an agreement to exchange seismic data from the areas around the demarcation line in the Barents Sea.

W.Europe
2016, October, 13, 18:40:00

GAZPROM TO AUSTRIA: UP 23.8%

In 2015, Russian gas exports to Austria rose 11.5 per cent versus 2014. From January 1 through October 10, 2016, Russian gas supplies to Austria totaled 4.18 billion cubic meters, which was 23.8 per cent higher than in the same period of 2015.

W.Europe
2016, October, 11, 18:35:00

RUSSIA - TURKEY STREAM

The warming relations between NATO member Turkey and Russia comes as both countries are dealing with troubled economies and strained ties with the West.

W.Europe
2016, October, 10, 18:35:00

THE LOWEST NORTH SEA

Baker Hughes Inc., the services company that tracks drilling activity worldwide, said just 27 rigs operated last month in the North Sea, the lowest number since records started in January 1982. The previous low was set in October 1999, when oil prices plunged to $10 a barrel.

W.Europe
2016, October, 7, 18:35:00

BRITAIN'S SHALE GAS

Britain is estimated to have substantial amounts of shale gas trapped in underground rocks and the government wants to exploit it to help offset declining North Sea oil and gas output. It said the shale gas industry could create 64,000 jobs and help economic growth.

W.Europe
2016, October, 5, 18:40:00

RUSSIAN GAS: ABOVE 10 BCM

Total pipeline gas exports through Nord Stream, Yamal, and Brotherhood rose 13% month on month and 7% year on year to 10.108 Bcm in September, the highest monthly flows seen since March and the fifth-highest total recorded for a calendar month.

W.Europe
2016, September, 30, 18:35:00

AN IMPORTANT ISRAELI GAS

Europe sees Israel and the region as an important supplier of gas to Europe

W.Europe
2016, September, 30, 18:30:00

UK'S OIL COLLAPSE

"The UK continental shelf is in urgent need of fresh investment to boost exploration and drive activity, particularly for the supply chain," Oil and Gas UK chief executive Deirdre Michie said, going on to call for additional government efforts to encourage investment.

W.Europe
2016, September, 26, 18:40:00

SOUTHERN GAS CORRIDOR DIFFICULTIES

The $45bn complex pipeline project running from Azerbaijan to Italy and consisting of four mega projects – Shah Deniz 2, South Caucasus Pipeline expansion (SCPX), Trans-Anatolian Pipeline (Tanap), and the Trans-Adriatic Pipeline (TAP) – would be delivered and will come in under budget, eventually delivering 16-32bn m³/yr.

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OPEC (103)