Some oil and gas companies are turning to renewables, particularly solar, to boost oil production from fields as they work to reduce carbon footprints while meeting today’s global energy needs.
Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin met in Istanbul to give the order for the final joint of the TurkStream pipeline to be welded into place.
Britain's richest man Jim Ratcliffe's oil and gas company Ineos Group Holdings is in exclusive talks with ConocoPhillips to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company.
Transgaz and Black Sea Oil & Gas have signed a contract covering transportation of gas from the Midia Gas Development (MGD) project in the Black Sea to Romania’s National Transmission System (NTS).
The ‘LNGHIVE2: Infrastructure and Logistics Solutions’ project, coordinated by Spanish energy company Enagás, has been selected by the European Commission CEF for funding.
An overall positive macroeconomic outlook and increased regional infrastructure spending have suggested an improving business environment for the ailing offshore industry