North Sea hit by fall in oil price | FT Business
Green energy firm Ecotricity is challenging the fracking industry by submitting applications for its new Green Gas Mills on sites already proposed for fracking.
Russia’s No.2 oil producer Lukoil said on Friday it was ready to follow Russia’s commitments to oil output cuts as part of a global pact.
OMV Petrom, in partnership with Hunt Oil Company of Romania, announced the start of experimental gas production from the Padina field.
Global spending on oil and gas exploration in 2017 could fall below this year’s $40 billion, but lower costs mean profitability will increase, consultancy Wood Mackenzie said in a report on Friday.
The Russian Investigative Committee is continuing “active investigative activity” into the case of ex-economy minister Alexey Ulyukayev, the committee said on Friday.