US officials have released a video they say show Iran was involved in an attack on an oil tanker near the entrance to the Persian Gulf on Thursday, one of a pair of incidents that have raised tensions between the US and the Islamic Republic over the past day. Watch the video here.
85 percent of contracts in the second phase of giant Norwegian oil field Johan Sverdrup have been awarded to Norwegian companies.
%20small.JPG)
Vessel Front Altair, owned by John Fredriksen's tanker shipping company Frontline, is among two ships attacked off the coast of Fujairah in the Gulf of Oman. The crew of the Frontline vessel, currently on fire, has been brought to shore in Iran, sources tell EnergyWatch's sister media ShippingWatch.
Oil company Equinor's chief executive, Eldar Sætre, eyes an oil market where trade disputes trigger large fluctuations in the oil price. The CEO is looking forward to the outcome of OPEC meeting, reports E24.
The US Energy Information Agency is lowering its forecast for global oil demand in 2019, according to Reuters. US oil inventories rise above expected levels.
US economic sanctions will impact Danish companies such as engineering consultancy firm Rambøll and freight forwarder Blue Water Shipping – but might be necessary to stop Nord Stream 2, says Denmark's former Prime Minister Anders Fogh Rasmussen.
BP's annual review outlines five main global energy trends such as surging emissions, 2018's spike in US oil and gas extraction, rising Asian demand, coal's continued preeminence in power generation and major growth in renewable capacity.
Denmark risks a lawsuit for hundreds of EUR millions for delaying gas pipeline project Nord Stream 2.
Energy major Shell sees enormous potential in LNG and aims to invest USD 6-7 billion annually after 2020 to seize opportunities in the gas market, the company says.
Offshore oil and gas bankers in Oslo are warning that the industry is far from out of the woods as a recovery is slow to take hold.
Oil company Hurricane Energy has completed tests of two wells near Lancaster and has extracted oil using a method no other player has succeeded in using.
The oil giant identifies three themes that will define its future work, outlook and emphasis. Moreover, Shell is betting on being able to reward its shareholders to a higher degree.
The former OW Bunker executive Lars Møller is doing everything in his power to avoid a prison sentence in the High Court of Western Denmark. Tuesday he explained his role in the case.
Extraction from the largest gas field in recent British history will commence in a few days, asserts Total – ahead of schedule and below budget.
Equinor has presented a timeline for Rosebank in conjunction with its two project partners behind the British oil and gas field. The Norwegian main owner expects to be able to find unused potential in the British field.
Norwegian oil major Equinor won five UK shelf permits in the 31st licensing round – four as operator and one as partner.
An extensive strike, potentially leading to major production losses in Norway, has been avoided, as parties have reached agreement following lengthy negotiations.
Despite significantly lower production, Total earns hundreds of millions in DKK from the Danish part of the North Sea in the first year after its acquisition of Maersk Oil.
Danske Bank contacted the Danish Business Authority in August of 2018, as it held that Dan-Bunkering had "probably" violated the ban on jet fuel delivery to Syria.
The defense has summoned a former financial employee at as a new witness in the appeal case against former OW Bunker executive Lars Møller. The case commenced on Monday and will end in mid-June.
Oil keeps sliding as US keeps adding
Director General of the Norwegian Petroleum Directorate Bente Nyland forecasts up to 21 new or expanded oil and gas fields by late 2021.
OW Bunker's insolvency estate is only a couple of details away from being able to reach a settlement with major bank ING Bank, which headed the Danish group's credit agreement. The deal provides the estates with millions.
Major investments in Norway's oil and gas industry are expected to be higher in 2019 than previously estimated, shows a new forecast from SSB.
US sanctions against Iran and Venezuela's fuel export as well as production costs at OPEC support the price development, as it counterbalances concerns about the world economy.
Two experienced consultants for tasks within environmental assessment (EIA) and the planning area
Operational surveillance to control the Danish electricity grid
Communications Advisor
Electrical Engineer to ensure high electricity supply security
Technical profile for role as group leader for design of control panels
Department manager with experience in land and rights acquisition
Senior project manager for project optimization in Denmark's transnational network
