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Equinor profit beats forecast

04 May 2019

Norwegian oil and gas firm Equinor reported on Friday a small fall in quarterly operating profit, beating forecasts, and said its giant Johan Sverdrup oilfield in the North Sea remains on track to start production in November. Earnings before interest and tax (EBIT),

Papua New Guinea minister resigns over vast gas contract

11 Apr 2019

Papua New Guinea’s finance minister resigned on Thursday, days after the country signed a multi-billion dollar gas contract with energy majors Total and ExxonMobil.

OMV to pay Gazprom $1 billion for stake in Siberian gas field

07 Jun 2019

OMV agreed on Friday to pay 905 million euros ($1 billion) to Russia’s Gazprom for a stake in a Siberian gas field, as part of the Austrian firm’s strategy to boost its gas business.

Pakistan to review TAPI project

13 Jul 2019

Pakistan and Turkmenistan experts are set to meet next month to review arrangements and finalise modalities for groundbreaking of Pakistan-section of TAPI gas pipeline, scheduled to be performed in Chaman in October 2019.

4 Results