Royal Dutch Shell has terminated the proposed US$80-million sale of its Danish subsidiary AS Dansk Shell to Dansk Olieselskab ApS. The deal, under which Dansk Olieselskab was to acquire the 70,000-b/d Fredericia refinery as well as Dansk Shell’s local trading and supply activities –…
Russian tankers have supplied fuel to North Korea on at least three occasions in recent months, breaching United Nations by transferring cargoes at sea, reported Reuters, citing unnamed senior Western European security sources. The claims were based on naval intelligence and satellite imagery of…
Norway’s pipeline gas exports to Europe hit a record high in 2017, exceeding the previous year by almost seven percent, preliminary data from the country’s offshore gas systems operator Gassco showed on the 2nd January. Europe’s second-largest gas supplier after Russia exported 116 billion cubic metres (bcm) of natural gas via pipelines…
Article by Michael Bradshaw, Professor of Global Energy, Warwick Business School It is now more than three years since the West imposed sanctions on Russia, due to its activities in Ukraine. Most recently, the Trump administration has taken additional steps to punish Russia for its…
Article by John Wood Texo DSI (UKCS) Drone technology has been in the mainstream psyche for many years, particularly in the military. Only recently have there been opportunities for commercial exploration. The potential for use in the offshore industry is large, both in oil and…
Entering into a new year, the oil and gas industry is hoping to continue pressing forward after 2017 indicated some positive signs of slow progression in activity and employment. Around this time last year, KPMG’s Regina Mayor forecasted there would be job opportunities in data…
For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king. In the past 12 months, tension between Saudi Arabia and Iran have escalated, ties between Qatar and…
State-owned Oil India Ltd has reported two discoveries in India’s Upper Assam basin, one of them the first commercial oil find in the Eocene Narpuh formation. OIL 2 Hukanguri produced 55 cu m/day of oil from 18 m of Narpuh sand and is under…
Gazprom could participate in the construction of the offshore/onshore gas export pipeline between Iran-Oman, according to Iranian news service Shana. In an article in Gazprom’s house magazine, Iranian Deputy Petroleum Minister and Managing Director of the National Iranian Oil Company (NIOC) Ali Kardor said…
Algeria needs to exploit its shale gas resources to offset a surge in local energy consumption which is eating into vital exports, but developing the industry will take time and require far-reaching reforms at the state energy firm. The North African country is a…
