September 2014

US shale gas exports to hit Gazprom revenue

South Stream project, the EU continues to produce new ideas on how to block the proposed gas route. This is in the midst of a confused political situation regarding the pipeline's entry point in Bulgaria, a country about to enter a polarized early general election.

The chief executive of Russia's top non-state oil company Lukoil said on Friday his firm was evaluating the implications of Western sanctions on its joint venture with France's Total.

Billionaire investor John Fredriksen is considering buying more shares in oil rig operator Seadrill after the stock's sharp fall this year, Norwegian business daily Finansavisen reported on Monday.

Industrial conglomerate Siemens AG (SIEGn.DE) said on Monday it would buy U.S. oilfield equipment maker Dresser-Rand Group Inc (DRC.N) for $7.6 billion in a move that would significantly boost the German company's oil and gas business in North America.

Thailand's top oil and gas explorer, PTT Exploration and Production Pcl, has agreed to acquire a 20 percent stake in Brazilian offshore oil and gas concession BM-ES-23 from Royal Dutch Shell for an undisclosed sum.

Christophe de Margerie, Chairman & CEO of Total, is presenting to the financial community today the outlook and objectives of Total for the coming years. This event is being broadcast live via a webcast.

Russia won't cut European gas to curb re-export to Ukraine-minister

MEPs Calls EU Authorities to Cancel South Stream Agreements with Russia

By allowing international companies such as Exxon, Royal Dutch Shell, Halliburton, and Schlumberger to carry on their pumping, the White House and its European allies assured stability in global oil markets and in the prices consumers pay for gasoline.