Companies
2015, March, 23, 19:05:00
U.S. WANT EUROPE
Russia is using natural gas as a political tool and the United States needs to know if it is “on the same page” with Turkey regarding Russia’s actions, a top U.S. energy envoy has said.
2015, March, 23, 19:00:00
OIL MAJORS RECORD DEBT
The world’s biggest energy groups have sold record amounts of debt this year, taking advantage of historically low interest rates to plug cash shortfalls with borrowing, after a 50 per cent plunge in oil prices.
2015, March, 23, 18:55:00
RUSSIA CAN USE CYPRUS
Companies within Russia’s energy industry should take advantage of Cyprus’ existing and potential opportunities relating to natural gas infrastructural projects, Energy Minister Giorgos Lakkotrypis said on Friday.
2015, March, 23, 18:50:00
TOTAL SEEKS FOR RUSSIA
Total SA is seeking the equivalent of up to $15 billion in Chinese financing to fund its expansion in Russia, its chief executive said, as U.S. sanctions complicate the French oil giant’s big bet there.
2015, March, 23, 18:45:00
BULGARIA: DOUBLE LOSING
The Bulgarian government finds itself in a position where it needs to secure long-term reliable natural gas supplies, after two successive failures in the past few years to get involved in major infrastructure projects, namely the Nabucco and the South Stream pipelines.
2015, March, 20, 18:50:00
RUSSIA & CHINA PIPELINE
Russia may postpone completion of a huge pipeline to bring gas from two new fields to China, three sources with direct knowledge of the plans of export firm Gazprom said, delaying one of President Vladimir Putin's signature projects.
2015, March, 20, 18:40:00
THE NEW RUSSIAN EMPIRE - 3
Russian billionaire Mikhail Fridman is preparing to sell a dozen North Sea gasfields at the heart of a fierce row over ownership, in a move that would avert a high-profile legal battle with the UK government.
2015, March, 20, 18:10:00
SAUDI WILL INCREASE
Saudi Aramco will increase its spending on research and development in 2015, despite the falling price of oil.
2015, March, 20, 18:05:00
TALISMAN CUTS 15%
Talisman Energy Inc., the Canadian energy firm being taken over by Spain’s Respol SA, has joined an expanding list of oil-and-gas producers who are cutting jobs and shaving capital budgets as oil prices continue to slump.
2015, March, 20, 18:00:00
PETRONAS PLANS TO USE $5 BLN
Malaysia's Petroliam Nasional Bhd (Petronas) plans to use the $5 billion it raised in Asia's largest bond offering so far this year for corporate expenses as well as possible acquisitions, the company said.
2015, March, 20, 17:55:00
STATOIL MAKES GAS
Norwegian energy firm Statoil has made a gas discovery near the Aasta Hansteen field in the northern part of the Norwegian Sea, the company said on Tuesday.
2015, March, 20, 17:50:00
EXXON ASKS RUSSIA
U.S. oil and gas major ExxonMobil has asked the Russian government to reimburse taxes worth "several billion roubles" it says it overpaid on a project in the far east of Russia.
2015, March, 20, 17:45:00
STATOIL WILL DRILL FOR RUSSIA
Statoil ASA plans to drill four wells in Russia with state oil company OAO Rosneft, targeting heavy oil fields, showing Norway’s biggest energy producer is deepening its involvement in the country against the backdrop of international sanctions.
2015, March, 18, 20:55:00
NEXEN CUTS 400 JOBS
Nexen Energy ULC, a wholly owned subsidiary of CNOOC Ltd., has reported organizational changes that will result in the reduction of 340 jobs in North America and 60 jobs in the UK, spurred by the decline in crude oil prices.
2015, March, 18, 20:50:00
LUKOIL CAME TO CAMEROON
LUKOIL closed a transaction to enter a project to develop the Etinde block offshore the Republic of Cameroon in the Gulf of Guinea (West Africa).