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W.Europe

W.Europe
2017, January, 31, 18:40:00

SHELL SELLS $3.8 BLN

Shell has agreed to sell a package of UK North Sea assets to Chrysaor for a total of up to $3.8bn, including an initial consideration of $3.0bn and a payment of up to $600m between 2018-2021 subject to commodity price, with potential further payments of up to $180m for future discoveries.

W.Europe
2017, January, 31, 18:30:00

SEADRILL RESTRUCTURING UPDATE

Over the past year we have had substantial dialogue with our secured lenders to amend and extend c.USD8 billion in first lien secured debt. During the second half of last year, we began to engage with potential new money investors, including Hemen Holdings Ltd. In December 2016, we formally engaged with an ad hoc committee of bondholders, and agreed that by January 31 2017 we would release through a 6k filing agreed material non-public information disclosed to the ad hoc committee of bondholders, including the Company's latest restructuring proposal and the last proposal that the Company has received from the ad hoc committee.

W.Europe
2017, January, 30, 19:00:00

GAZPROM'S SHARE UP TO 34%

Despite a drive by the European Union to diversify gas supplies and reduce its reliance on Russian imports, Gazprom increased its market share in Europe to 34 percent last year from 31 percent in 2015, posing a challenge to policymakers.

W.Europe
2017, January, 20, 18:30:00

NORWAY'S PRODUCTION DOWN 60 TBD

Preliminary production figures for December 2016 show an average daily production of 2 094 000 barrels of oil, NGL and condensate, which is a decrease of 60 000 barrels per day (approx. 3 percent) compared to November.

W.Europe
2016, December, 28, 18:40:00

GAZPROM'S OFFER FOR EUROPE

The company has already made contractual changes that remove restrictions on reselling gas and that require Gazprom to forgo any advantage gained from making gas supplies conditional on acceptance of gas pipelines. These changes came about because of pressure from the commission and increased competition on the European energy market.

W.Europe
2016, December, 27, 18:30:00

GAZPROM'S GAS RECORD

"We are also on track to hit this year an absolute record of annual gas exports, both of Soviet times and the history of modern Russia,"

W.Europe
2016, December, 26, 18:35:00

GAZPROM DISCOVERS SERBIA

A new deposit in Serbia’s Pannonian oil and gas basin may contain recoverable reserves of 432,000 tonnes, according to Russia's PJSC Gazprom Neft. The Idos-X-4 well was drilled to the Neogene-aged formation at a depth of 2,268-2,287 m in the Idos-Sever (Northern Idos) field.

W.Europe
2016, December, 21, 18:45:00

RUSSIAN GAS PRODUCTION: 637 BCM

Russia's gas production, including associated petroleum gas, is estimated at 637 Bcm in 2016, which would represent a marginal increase of 0.2% year on year, energy minister Alexander Novak said late Tuesday.

W.Europe
2016, December, 21, 18:30:00

NORWAY'S PETROLEUM PRODUCTION UP 37 TBD

Preliminary production figures for November 2016 show an average daily production of 2 153 000 barrels of oil, NGL and condensate, which is an increase of 37 000 barrels per day (approx. 2 percent) compared to October.

W.Europe
2016, December, 20, 18:35:00

BP: 10% SHAREHOLDER

BP today signed an agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi and the Abu Dhabi National Oil Company (ADNOC) that grants BP a 10% interest in Abu Dhabi’s ADCO onshore oil concession, which has a life of 40 years.

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