Companies
2019, November, 27, 11:35:00
PEMEX PRODUCTION DOWN
Output averaged 1.66 million barrels per day (bpd) last month, or about 50,000 barrels less than in September. Compared the same month last year, Pemex’s October oil output was down 5.5%.
2019, November, 27, 11:25:00
ENEL STRATEGIC PLAN: €6.1 BLN INCOME
Enel’s 2020-2022 Plan is also based on the inherent sustainable business model that we have built, while working along the two global trends that are shaping the energy sector: decarbonisation and electrification. The digital transformation of our large network business and the platformisation of all our customer-related activities are key enablers of this plan, boosting efficiencies and introducing additional services.
2019, November, 25, 13:20:00
GAZPROM SOLD SHARE 3.59%, $3 BLN
Gazprom Gazoraspredeleniye, a company controlled by Gazprom, successfully completed the sale of 850,590,751 ordinary shares of Gazprom (3.59 per cent of the share capital).
2019, November, 25, 13:15:00
RUSSIA'S GAS TO AUSTRIA +33%
Gazprom delivered to the country 12.7 billion cubic meters of gas, which was 2.8 per cent more than in the entire year of 2018, a record-breaking year in terms of Gazprom's exports to Austria.
2019, November, 25, 13:10:00
OIL, GAS UPSTREAM M&A: $63.4 BLN
One of the top capital raising deals of Q3 2019 was Petroleos Mexicanos’ public offering of notes for gross proceeds of $7.5bn.
2019, November, 25, 13:00:00
QATAR'S LNG WILL UP TO 126 MT
The estimated increase in Qatar’s LNG production comes after exploration work in the expanded North Field mega project showed that confirmed gas reserves of the field exceeded 1,760 trillion cubic feet,
2019, November, 25, 12:50:00
GERMANY'S INVESTMENT FOR CHINA: $10 BLN
German chemical giant BASF has begun construction of its $10-billion integrated petrochemicals project in China’s southern province of Guangdong,
2019, November, 25, 12:45:00
UAE SOLAR POWER PLANT: 20 KM2
the world’s biggest solar power plant project covering 20 square kilometers of desert in Abu Dhabi.
2019, November, 25, 12:30:00
MITSUBISHI, ENECO ACQUISITION $4.52 BLN
Under the terms of the deal, Mitsubishi will own 80% of Eneco and partner Chubu 20%.
2019, November, 22, 12:10:00
RUSSIA'S GAS DISCOUNT: 20-25%
Last week, President Vladimir Putin said Russia wanted to resume direct gas sales to Ukraine -- and would be prepared to reduce the price Kyiv paid by 20%-25%.
2019, November, 22, 12:05:00
NORD STREAM 2: 2020
The potential delay in Nord Stream 2 construction also undermines Russia's position in negotiating a new transit deal with Ukraine's Naftogaz. Ukraine transited some 87 Bcm of Russian gas to Europe in 2018 -- or some 44% of total Russian exports -- but those volumes are set to slump once the planned Nord Stream 2 and TurkStream gas pipelines come online.
2019, November, 22, 11:40:00
EXXON WILL SELL $25 BLN
Exxon’s shares have underperformed its major rivals’ in recent years. The disposals would help the company increase spending on new developments and appease investors unhappy with weak cash generation and oil output, which flatlined under Woods’ predecessor Rex Tillerson.
2019, November, 20, 11:40:00
UAE, MOZAMBIQUE OPPORTUNITIES
"Mozambique represents an increasingly important trading partner for Dubai and the UAE and this was an important platform to discuss how we can take our business relations to the next level," said Al Ghurair.
2019, November, 20, 11:30:00
GAZPROM'S PROPOSAL FOR NAFTOGAZ
In a statement, Gazprom said it had sent a letter to Naftogaz -- signed by Gazprom CEO Alexei Miller -- to "extend the existing contract or to conclude a new gas transit agreement through Ukraine for a period of one year."
2019, November, 20, 11:15:00
INDIA'S COAL NEED INVESTMENT
The auctions, to be aimed at paring back India’s coal imports, are intended to attract global miners such as Glencore PLC, BHP Group, Anglo American PLC and Peabody Energy Corp.