The acquisition includes Neptune’s gas-oriented assets and operations in Western Europe, North Africa, Indonesia, and Australia

Oil prices have experienced a notable increase following Saudi Arabia’s announcement of cutting one million barrels per day in July

Shell has completed an upgrade of the Pierce field in the UK Central North Sea, enabling the production of gas after years of oil production

The organisation has announced it will cut oil output by two million barrels a day

Russia’s oil production in July was nearly 310,000 barrels a day below pre-war levels

A wind turbine will supply the energy needed for the operation of the oil and gas facility

The IEA Ministers reiterated their support for sanctions imposed on Russia

Energy Minister said authorities are working closely with Eni UK to “ensure the company fulfils its legal obligation”

The project includes oil fields and pipeline network in Uganda and Tanzania

The UK has also agreed to participate, by releasing 1.5 million barrels of its reserves