European energy giants form carbon storage alliance
Statoil, Shell and Total have formed a partnership that will see the three European energy companies develop a carbon storage…
Shell sees oil demand peaking by late 2020s as electric car sales grow
The world’s oil consumption could peak as early as the end of the next decade as electric vehicles become more…
Oil falls for second day as concern grows over supply
Oil fell for a second day on Thursday to hit one-month lows after an unexpected surge in U.S. inventories and…
Germany reiterates support for Nord Stream 2 gas pipeline
Berlin favors the implementation of the Nord Stream 2 gas pipeline project, German Foreign Minister Sigmar Gabriel said on Thursday.…
Gazprom adds new gas reserves, auctions
Russia’s gas giant Gazprom expects to add major new domestic gas reserves this year, and may hold more auctions to…
Gazprom’s western partners agree Nord Stream 2 gas pipeline financing
Western partners of Russian gas giant Gazprom agreed on Monday on financing the 9.5-billion euro Nord Stream 2 pipeline, removing…
Mehren, Wintershall: Poland has failed to stop Nord Stream 2
Poland has failed in its attempts to stand in the way of the Nord Stream 2 gas pipeline project, the…
FT: Gazprom close to revealing financing for $11bn Nord Stream 2 pipeline
Gazprom will reveal a financing package for the $11bn gas pipeline to Germany by the end of this month as…
Amazon opens sale points in Shell gas stations in Germany
The world’s largest online retailer is teaming up with oil giant Shell and its German gas station chain to create…
Ovidiu Irimieş take over Oscar Downstream as CEO, for diversification and expansion
New CEO takes over the company at an anniversary time for Oscar Downstream . On June 15, 2016, the company…
Bulgarian authorities have closed fuel stations that sold poor quality fuel
Following inspections at gas stations, the Bulgarian authorities have prevented the distribution of 29,000 liters of low quality fuel, also…
Shell begins oil exploration in the Bulgarian side of Black Sea
Bulgaria has signed a five-year agreement with the oil group Royal Dutch Shell for exploration of oil and gas in…
Big Oil compete for projects worth 30 billion dollars in Iran
Total, Royal Dutch Shell and Lukoil are among the major oil companies who have selected the oil and gas fields…
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