Companies
2015, March, 9, 19:15:00
THE NEW RUSSIAN EMPIRE
Ex-BP boss aims to build major energy industry player from scratch
Lord Browne heads new oligarch-backed $10bn fund L1 which is buying up energy industry assets while price of oil is low
2015, March, 9, 19:10:00
THE HORRIBLE RUSSIAN GAS
Russia’s bid for Turkish Stream pipeline may open the gates to the competition it most fears
2015, March, 9, 19:05:00
CHINA ANNOUNCES START
CNOOC announces production start at offshore exploration project
2015, March, 9, 19:00:00
GE OPENS AUSTRALIA
GE announced on March 6 its new oil and natural gas facility in Broome, Western Australia, is finished and operational. The location includes a custom-build workshop, a warehouse, office space and an equipment hardstand area.
2015, March, 8, 13:15:00
U.S. SHALE NEED SALE
Whiting Petroleum, the largest oil producer in the Bakken shale of North Dakota, has hired bankers to seek potential buyers after coming under financial pressure due to plummeting crude prices, according to people familiar with the matter.
2015, March, 7, 22:20:00
EU & GAZPROM RELATIONSHIPS
While many may be counting on US LNG as an alternative solution to solve the diversification dilemma in Europe, Sergei Komlev, Head of Contract Structuring and Price Formation Directorate, Gazprom Export, says "not so fast."
2015, March, 7, 22:05:00
BRITAIN NEED NOT RUSSIA
At the very beginning of developing the region’s life in the early 1970s, the Government turned to the British National Oil Corporation (BNOC) and the partly state-owned British Petroleum to kick start oil production offshore of Aberdeen.
2015, March, 7, 21:55:00
U.S. OIL STRIKE
The United Steelworkers union (USW) and Royal Dutch Shell PLC, which serves as lead company for National Oil Bargaining negotiations, have agreed to return to the bargaining table in an attempt to resolve USW’s more than 5-week-long unfair labor practice strike in effect at US refineries and associated installations
2015, March, 7, 21:50:00
BP $12 BLN DEAL
BP PLC and a local partner have signed final agreements for the West Nile Delta (WND) natural gas project in Egypt, whereby $12 billion will be invested to develop 5 tcf of gas resources and 55 million bbl of condensates.
2015, March, 3, 21:00:00
NEW RUSSIAN EMPIRE
Russian billionaire Mikhail Fridman began building an international energy company on Monday, closing a €5.1 billion ($5.7 billion) purchase of German utility RWE AG ’s oil-and-gas business over British opposition that could force the sale of the unit’s U.K. assets.
2015, March, 3, 20:55:00
RUSSIA SEEK REVIEW
Russian billionaire Mikhail Fridman said on Monday he would buy a number of gas licenses in the North Sea despite British opposition, threatening legal action if London should force him to sell them on to a third party.
2015, March, 3, 20:50:00
RUSSIA & TURKEY STREAM: CAN AGREE
Russia may sign an intergovernmental agreement on the Turkish Stream gas pipeline in the 2nd quarter of 2015.
2015, March, 3, 20:45:00
LUKOIL EBITDA 2014: $15.982 BLN
LUKOIL has published consolidated US GAAP financial statements for 2014. The Company’s 2014 net income reached $4,746 million. EBITDA reached $15,982 million in 2014.
2015, March, 3, 20:40:00
NABORS LOSS $891.1 MLN
Onshore and offshore driller Nabors Industries Ltd swung to a quarterly loss, hurt by a fall in drilling activity amid a slump in global crude prices.
2015, March, 3, 20:35:00
PETROBRAS WILL SELL $13.7 BLN
Petróleo Brasileiro SA plans to dispose of as much as $13.7 billion in assets this year and next as part of efforts by Brazil's largest state-controlled company to reduce debt and protect cash.