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OMV Petroms Q1 Hydrocarbon Output Drops 4.1% Y/Y

OMV Petrom's Q1 Hydrocarbon Output Drops 4.1% Y/Y

Romania's top oil and gas group OMV Petrom [BSE:SNP] said that its hydrocarbon production dropped by an annual 4.1% to 116,300 barrels of oil equivalent (boe) per day in the first quarter of 2023

Oil Bosses Join Baghdad Talks in Sign of Iraq-Kurdistan Progress

Oil Bosses Join Baghdad Talks in Sign of Iraq-Kurdistan Progress

When Iraqi and Kurdish officials met in Baghdad this week over a long-running dispute that has halted oil exports from Iraq's semi-autonomous region of Kurdistan, insiders said the presence of international executives underscored a new resolve

Türkiye on Track to Complete First Nuclear Power Plant This Year

Türkiye on Track to Complete First Nuclear Power Plant This Year

The plant's first unit is scheduled to begin operations this year, when the nation will commemorate the 100th anniversary of the republic. The remaining three units will be operational at a rate of one per year by the end of 2026

High Rollout of Electric Vehicles Could Earn UK Drivers £6.5B More by 2035

High Rollout of Electric Vehicles Could Earn UK Drivers £6.5B More by 2035

UK drivers could earn £6.5 billion ($8 billion) more by selling electricity back to the grid from their electric vehicle (EV) batteries during the teatime peak of electricity demand if the government follows a high deployment scenario of an EV rollout, a new analysis from UK-based think-tank Energy and Climate Intelligence (ECIU) said Wednesday

Oil Mixed Over Growing Global Economic Growth Uncertainties

Oil Mixed Over Growing Global Economic Growth Uncertainties

Oil prices were mixed on Tuesday as negative global economic growth forecasts raised demand concerns, while a buyout deal of the defunct Silicon Valley Bank (SVB) allayed investor concerns about the US banking system

Asso.subsea Joins Forces for GAP Interconnection

Asso.subsea Joins Forces for GAP Interconnection

The GAP Consortium and Asso.subsea announce the signing of a Memorandum of Understanding (MoU) for cooperation on the two-gigawatt (2 GW) electrical interconnection between Greece and Egypt (Greece-Africa Power Interconnector – GAP). GAP project, founded by the Eunice Energy Group, is leading the transnational consortium between Greece and Egypt that aims

Energean plc: 2022 Full Year Results

Energean plc: 2022 Full Year Results

Energean plc (LSE: ENOG, TASE: אנאג) is pleased to announce its audited full-year results for the year ended 31 December 2022 ("FY 2022")