WorldOil Germany brushes aside U.S. objection to Russia gas pipeline link Germany brushed aside U.S. concerns about a major natural gas pipeline that will deliver Russian gas to Europe, suggesting President Donald Trump’s administration appears to be protecting its own interests. U.S. threatens sanctions if Nord Stream 2 project proceeds The U.S. stepped up its opposition to the Nord Stream 2 natural gas pipeline linking Russia and Germany, saying the project raises security concerns and that it could draw U.S. sanctions. OPEC's reason for sticking with cuts rests on shaky ground OPEC and Russia seem determined to keep on cutting production even after their campaign to rebalance world oil markets achieved its main target. The primary justification for doing so looks shaky. BP surges to 2010 high as analysts rave about beat, cash flow MOSCOW (Bloomberg) -- BP Plc analysts praised results which beat estimates thanks to strength in both the upstream and downstream divisions, helping to send the shares to an almost eight-year high. SOCAR, BP sign new production sharing agreement for Azerbaijan exploration SOCAR and BP today signed a new production sharing agreement (PSA) for the joint exploration and development of Block D230 in the North Absheron basin, in the Azerbaijan sector of the Caspian Sea. Frontera reports commercial hydrocarbon shows at Georgian well Frontera Resources set casing based on commercial hydrocarbon shows at its Dino-2 well in the Republic of Georgia, eastern Europe. Siberian chill lifts gas enough to revive LNG trade in Europe Europe’s liquefied natural gas dry spell may end thanks to a surprising cold snap. MCEDD '18: Total’s Benoit Ludot, V.P., Deepwater and Subsea, Upstream, to deliver keynote Gulf Quest LLC has announced that Total’s Benoit Ludot, V.P. of deep water and subsea, upstream, will deliver a keynote presentation at the Marine Construction Engineering Deepwater Development (MCEDD) conference on April 10, 2018 in Milan, Italy. Petrofac and SOCAR form joint venture Petrofac’s Training Services business and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed a Shareholders Agreement to form a Joint Venture (JV) for the pursuit of training opportunities across the country’s oil and gas and petrochemical industries. Oil holds near $64 as OPEC is said to agree nine-month extension Brent held near $64 after OPEC agreed to extend production curbs to the end of next year, giving the market what it expected.