Russia-focused PetroNeft explores strategic options and potential sale

PetroNeft owns a 90% stake in Licence 67, and a 50% interest in Licence 61, which are both located in the Tomsk Region.

US government lifts sanctions against Venezuela; Chevron resumes oil production

On Saturday, the Biden administration issued a licence authorising Chevron to resume oil production in Venezuela for six months.

Gascade builds LNG pipeline to strengthen German gas network

The new pipeline, which will have a feed-in capacity of 6GWh/h, is planned to be commissioned by the end of 2022.

Rankings: Research and Development

This category includes organisations that have demonstrated a commitment to the research and development of new products and processes

Shell plans to divest oil assets in UK North Sea

The assets planned to be put up for sale include stakes in two BP-operated oil fields and a stake in a discovery field.