Companies
2017, December, 22, 22:05:00
JAPAN'S LPG UP TWICE
REUTERS - Japan’s liquefied petroleum gas (LPG) imports from the United States are expected to double in 2017 to a record and account for around for around half of its total purchases, government and shipping data showed.
2017, December, 22, 22:00:00
LETTERONE & WINTERSHALL MERGER
FT - Mr Fridman would acquire an interest in the Wingate gas platform off the east coast of England as part of a proposed merger between DEA, an energy company he controls, and Wintershall of Germany, which operates the UK field.
2017, December, 20, 19:20:00
BP: ZOHR HAS STARTED
BP - BP confirmed that production has started from the super-giant Zohr gas field, offshore Egypt. The field is operated by Eni, through its joint venture with The Egyptian General Petroleum Corporation (EGPC), and is the largest natural gas discovery yet to be made in the Mediterranean Sea.
2017, December, 20, 19:10:00
NORWAY'S FENJA INVESTMENT NOK 10 BLN
NPD - On Tuesday, the licensees, led by operator VNG, submitted a Plan for Development and Operation (PDO) for Fenja in the Norwegian Sea. Investments are expected to total approx. NOK 10 billion.
2017, December, 20, 19:05:00
REPSOL'S INVESTMENT NOK 8 BLN
NPD - On Tuesday, operator Repsol submitted a new Plan for Development and Operation (PDO) for the Yme field in the North Sea. More eight billion kroner will be invested in the development. The planned start-up is 2020.
2017, December, 18, 12:15:00
EXXON - PETROBRAS ALLIANCE
Petrobras and ExxonMobil signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities.
2017, December, 18, 12:10:00
EXXON BOUGHT MOZAMBIQUE
ExxonMobil Development Africa B.V. has acquired a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations.
2017, December, 15, 13:05:00
GAZPROM - IRAN COOPERATION
GAZPROM - Alexey Miller and Ali Kardor, Iran’s Deputy Minister of Petroleum, CEO of National Iranian Oil Company, inked a Roadmap. Pursuant to the document, Gazprom will conduct a proof-of-concept study with regard to implementing integrated projects for hydrocarbon production, transmission and processing, including petrochemistry, in Iranian territory.
2017, December, 15, 12:50:00
LUKOIL'S PLAN: $50
LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.
2017, December, 15, 12:45:00
BP INVESTS TO SOLAR
BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.
2017, December, 13, 12:25:00
RUSSIAN - EGYPTIAN NUCLEAR
ROSATOM - Cairo, Egypt - On December 11, 2017, Director General of ROSATOM Alexey Likhachev and Egypt’s Minister of Electricity And Renewable Energy Mohamed Shaker signed the Notices to proceed the contracts for the construction of the El Dabaa nuclear power plant.
2017, December, 13, 12:20:00
LETTERONE & BASF MERGER
LETTERONE - BASF and L1 Energy, the energy investment arm of LetterOne, announce their intention to merge their oil and gas subsidiaries.
2017, December, 13, 12:15:00
WBG: NO OIL&GAS FINANCE
WBG - The World Bank Group will no longer finance upstream oil and gas, after 2019.
2017, December, 13, 12:10:00
SIEMENS BUILDS FOR LIBYA
PENNENERGY - Germany's Siemens says it has signed contracts worth some 700 million euros ($824 million) to build two gas-powered electricity plants in Libya.
2017, December, 11, 10:20:00
RUSSIAN GAZPROM'S NEW RECORD
PLATTS - Taking into account the nominated volume for Friday, Gazprom will have exported 179.8 Bcm to what it calls the Far Abroad -- Europe and Turkey, but not the countries of the former Soviet Union -- higher than last year's then record high of 179.3 Bcm.