Business news

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.

The joint staff and leadership task group from the two organisations reconvened to continue discussion of a possible merger.

MVP have announced that total project work will be approximately 90% complete by the end of 2019, with an in-service date of late 2020.

Bulgartransgaz EAD completed the first stage of the Balkan Stream route as part of the expansion of the gas transmission network from the Bulgarian-Turkish to CS Strandzha.

Buckeye Partners, L.P. has announced that all regulatory approvals required to complete the acquisition of Buckeye by entities affiliated with the IFM Global Infrastructure Fund have been received.

The movement of natural gas has increased as natural gas spot prices have declined in the northeast and as production in Appalachia has continued to grow.