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Companies

Companies
2015, December, 17, 20:00:00
EUROPE WANTS TO PAY MORE - 2
In theory, the European Union is pursuing a single energy market, based on the needs of all 28 EU nations. It is also meant to be united against Russia as it seeks to defend the interests of Ukraine following Moscow's seizure of Crimea in March last year.
Companies
2015, December, 17, 19:35:00
RUSSIA BUYING UP AMERICA
“Currently, they have their sights firmly on the Americas, having expressed interest in future gas projects in Mexico, Argentina, Venezuela, and Bolivia, among others.”
Companies
2015, December, 17, 19:35:00
NOVATEK & SRF AGREEMENTS
OAO NOVATEK announced today the signing of binding definitive agreements as part of a transaction for selling an equity stake in the Yamal LNG project to China’s Silk Road Fund (“SRF”).
Companies
2015, December, 16, 19:50:00
SAUDI PROTECT THEIR MARKET
Saudi Aramco, the kingdom's state oil giant, is seeking to borrow $4.7 billion from banks to refinance capital used to build a refinery in collaboration with China's Sinopec, three sources with knowledge of the matter said on Tuesday.
Companies
2015, December, 16, 19:25:00
SUNCOR: STRATEGY WITHOUT HOPE
Suncor Energy today announced that it is sending a letter to shareholders of Canadian Oil Sands Limited ("COS"). The letter outlines the value of Suncor's offer to purchase all of the shares of COS against the poor performance and track record of COS and what Suncor believes are the severe risks facing COS as an independent company both now and in the future. Suncor strongly encourages COS shareholders to tender to its offer.
Companies
2015, December, 15, 19:35:00
SHELL WANTS TO LEAVE
Shell is consulting experts and commercial partners about what to do with the reinforced concrete base structures, each of which rises 160m from the seabed and weighs about 300,000 tonnes. The low oil price has put companies under pressure to shut facilities as cheaply as possible.
Companies
2015, December, 15, 19:30:00
SHELL CUTS 2,800 JOBS
Royal Dutch Shell Plc said it would cut about 2,800 jobs to meet a pledge of reducing operating costs by $3.5 billion following its takeover of BG Group Plc.
Companies
2015, December, 14, 20:00:00
2035: GLOBAL ENERGY UP 37%
By 2035 global energy consumption increases by 37% from today’s levels with virtually all (96%) the growth in non-OECD countries and more than half coming from India and China.
Companies
2015, December, 11, 19:45:00
STATOIL & REPSOL TRANSACTIONS
Statoil and Repsol announce transactions in Norway, UK, US and Brazil
Companies
2015, December, 11, 19:40:00
SHELL SELLS NEW ZEALAND
"These assets are profitable, well maintained and are an important part of New Zealand's energy mix," Shell New Zealand Chairman Rob Jager said in a statement Thursday. "The Shell business in New Zealand is great, but a small part of the global Shell business and hence the decision to undertake a strategic review at this time."
Companies
2015, December, 11, 19:35:00
HALLIBURTON & BAKER HUGHES PROBLEMS: $35 BLN
Halliburton and Baker Hughes, which do the physical work of drilling wells and extracting oil and natural gas for energy companies, trail only Schlumberger Ltd. in the marketplace.
Companies
2015, December, 11, 19:30:00
PEMEX WILL SPEND $23 BLN
The $23 billion in downstream projects would enable a 7 million-tonne/year reduction in the Mexico’s carbon dioxide emissions.
Companies
2015, December, 11, 19:25:00
BP COMPLETED $12 BLN
The agreement will involve the development of five trillion cubic feet of gas resources, as well as 55 million barrels of condensates. Production from WND is expected to be around 1.2 billion cubic feet a day (bcf/d) and all the produced gas will be fed into Egypt's national gas grid.
Companies
2015, December, 11, 19:20:00
CONOCO CUTS $7.7 BLN
The company also expects to close $2.3 billion of noncore asset sales, including $600 million from transactions that closed through the first three quarters of 2015. The remaining $1.7 billion represents deals with agreements in place that are expected to close in fourth-quarter 2015 or first-quarter 2016.
Companies
2015, December, 11, 19:15:00
MURPHY CUTS 60%
“This compares to $2.3 billion in 2015, so a nearly 60% cut. This is one of the steepest 2016 spending cuts we’ve seen across oil and gas producers.”