Europe
Shell, Eni knew of corruption in Nigeria’s OPL 245 deal: judge
European oil majors Shell and Eni reportedly knew of the corruption ongoing during their OPL 245 acquisition in Nigeria, a case in which they are being tried ...
Saudis could invest $5B in Russia’s Arctic LNG 2
Saudi Arabia is willing to put some $5 billion into the $25 billion Russian liquefied natural gas (LNG) project Arctic LNG 2, Russian Direct Investment Fund (RDIF) CEO ...
U.S. LNG 25% cheaper than Russian gas: PGNiG
As Poland announced the first U.S. liquefied natural gas (LNG) import deal in Central Europe, state oil and gas company PGNiG says importing North American gas is 25% cheaper than buying ...
NN Group won’t invest in oil sands projects, pipelines
An international financial services company has announced its withdrawal from financing tar sands oil and pipeline projects in Canada and the U.S., Kallanish Energy reports. The announcement ...
Rosneft abandons planned Pechora LNG project
Russian oil giant Rosneft will abandon its planned Pechora LNG project in the country’s northwest district of Nenets, a spokesperson told Kallanish Energy on Thursday. You have reached your allocation of free ...
Dutch minister proposes faster Groningen output cuts
The Netherland’s Groningen gas field, once the largest onshore gas field in Europe, will produce less than 12 billion cubic meters per year (Bcm/y) by October 2020, ...
Gazprom to lend $2.5B for TurkStream construction
Russian state g You have reached your allocation of free articles. Sign-up for a free ‘no-strings attached’ 2 week trial of our daily Kallanish Energy news service, ...
UK LNG importer seeks to widen supply sources
The UK’s busiest liquefied natural gas (LNG) import terminal, South Hook LNG, has been granted a technical modification to its network entry agreement (NEA) and will be able to expand ...
Total breaks production record in first quarter
French oil major Total reached record production in the first quarter of 2018, posting 5% growth year-over-year, despite the expiration of the Mahakam permit in Indonesia, Kallanish Energy reports. The ...
Russia’s Rosneft to invest $735M in Germany
Russian oil and gas company Rosneft said Tuesday it will invest at least €600 ($526) million in the next five years in Germany, with a view to ...