Business news

Nord Stream 2 AG has obtained the permit to construct its planned pipeline system in the Danish Exclusive Economic Zone.

The company has announced its plans to hold an open season for an expansion of crude oil capacity on its existing system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast area.

The US exports natural gas by pipeline to neighbouring Canada and Mexico and exports liquefied natural gas to several other countries.

The company has awarded an engineering, procurement, construction and installation contract for the Barossa FPSO project in Australia.

Transneft Upper Volga completes technological connection of constructed sections of Surgut - Polotsk oil trunk pipeline, Russia.

Of the 38 global oil and gas discoveries made in 3Q19, six were located in Norway.

The open season will commence at 8 am CDT on 28 October 2019 and will end on 17 December 2019 at 5 pm CST.

Oil companies have come together at a regional conference in Abu Dhabi, UAE, to discuss environmental stewardship.

The Board took note of the information about the ongoing implementation of programmes aimed at expanding gas infrastructure in Russian constituent entities.

The University of Pennsylvania's Kleinman Center for Energy Policy has awarded its fifth annual Carnot Prize to Cheryl LaFleur, former commissioner of the Federal Energy Regulatory Commission.

The council and their Associate Director have both been presented with GRIT awards for their work in the energy industry.

This represents an approximate 1% increase over the second-quarter 2019 distribution of US$1.0125.

US crude oil production in the US Federal Gulf of Mexico averaged 1.8 million bpd in 2018, setting a new annual record.

The company has announced the completion of merger transactions with ArcLight Energy Partners Fund V.

The company has completed a bank finance totalling €200 million in the form of collateralised credit procedure.