Perenco begins FLNG operations offshore Cameroon

Perenco has begun production at Cameroon LNG via Golar LNG Ltd.’s floating LNG production unit Hilli Episeyo. FLNG Hilli Episeyo arrived in Cameroon in late November 2017. Source: News


Rosneft refinery delivers first batch of high-octane gasoline

PJSC Rosneft subsidiary JSC Ryazan Oil Refining Co. has produced the first batch of AI-100 high-octane gasoline at its 18.8 million-tonne/year Ryazan refinery about 120 miles southeast of Moscow. Source: News


DNO to relinquish Block 8 offshore Oman

DNO ASA plans to relinquish its 50% participating interest in Block 8 offshore Oman, which includes the country’s only offshore production. Gross average production from Bukha and West Bukha fields was 4,484 boe/d of oil, gas, and condensate last year. Source: News


PGNiG, Mari Petroleum to cooperate on E&P

Polish Oil & Gas Co. (PGNiG) has signed a memorandum of understanding to form a strategic partnership with Mari Petroleum Co. Ltd., Pakistan’s second-largest producer of natural gas.  Source: News


MARKET WATCH: NYMEX, Brent crude prices up more than $1/bbl

Crude oil prices climbed by more than $1/bbl on the New York and London markets Mar. 16, but US light, sweet prices then dropped in early Mar. 19 trading on economic concerns, including suggestions of a trade war by some nations aimed at US steel and aluminum tariffs. Source: News


API releases estimates of OCS oil and gas benefits by region

The American Petroleum Institute released new studies showing potential economic benefits to states and communities along the Atlantic, Pacific, Alaskan, and eastern Gulf of Mexico portions of the US Outer Continental Shelf if oil and gas resources are developed there. Source: News


Watching Government: Strengthening Central Europe

A coalition of 12 Central European countries believes the region should be more fully integrated to provide a clear voice beyond the traditional Euro-Atlantic community, one of its leading figures suggested on Mar. 8. Source: News


Nord Stream 2 gas pipeline’s true purpose debated

A debate about the proposed Nord Stream 2 natural gas pipeline at the Atlantic Council on Mar. 12 quickly became heated as some participants argued that it would serve a broader Russian political purpose while others said it simply would increase available supplies for European customers. Speakers generally seemed to agree that the US should […]