
OPEC’s oil output remains steady but some members still pumping too much
OPEC’s crude output has remained constant, hitting an average of just under 27 million barrels a day in June, 80,000 a day less than May.

OPEC’s crude output has remained constant, hitting an average of just under 27 million barrels a day in June, 80,000 a day less than May.

Egyptian petrochemical company Sidi Kerir Petrochemicals (Sidpec) has announced its intention to import US shale gas through a consortium.

China is establishing a new state entity to focus on the exploration of ultra-deep oil and gas reserves, reported Reuters.

UK’s Confederation of British Industry attacks deafening silence on climate change during the election campaign.

Norwegian oil and gas company Vår Energi has announced a 12-year extension to its natural gas sales agreement with Italy’s Eni.

Most of the European Union’s energy production so far this year has come from sources free of CO2 emissions.

Aker BP and its partners have announced a new gas discovery in an exploration well within the Barents Sea, offshore Norway.

CNOOC has Commenced production at the Wushi 23-5 oilfield, claimed to be the first in the South China Sea to be powered from shore.

The US Senate starts investigation into suspicions of collusion between several oil producers and OPEC over possible price coordination.

Repso is in negotiations to merge its UK North Sea operations with NEO Energy, a company backed by private equity, reported Reuters
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