Ithaca Energy Ltd., a subsidiary of Delek Group Ltd., will acquire Chevron North Sea Ltd. (CNSL) for $2 billion, adding 10 producing field interests to Ithaca’s existing portfolio, four of which relate to assets operated by Ithaca.

Electricity generated from Germany’s coal-fired plants declined by 46 million megawatthours (MWh) between 2000 and 2017, while electricity generated from wind and solar increased by 95 million MWh and 40 million MWh, respectively. Despite these changes, coal remains the main source of generation in Germany. Coal’s share of total generation declined from 50% in 2000 to 36% in 2017, despite slight increases in 2012 and 2013 that were related to Germany’s move away from nuclear power.

As recently as a year ago, many thought importing LNG to Australia would be irrational, but shortages are expected as soon as 2022 and there are now five import proposals on the table,

Russia’s state-owned gas giant Gazprom increased its first-quarter net profit by 44 per cent over the previous year as higher gas prices offset lower gas export volumes.

Profit attributable to shareholders totaled RUB 149.2 bln, up 36.8% year-on-year. The growth was restrained with higher DD&A due to the launch of new production facilities.

The IMF staff team has had very productive discussions with the Ukrainian authorities, including with President Zelenskyi, on the review of Ukraine’s Stand-By Arrangement with the IMF.

Algeria’s energy minister said on Monday he would seek a “good compromise” when asked about his earlier comments that Algiers would block Total’s plan.

Despite the classic “wildcatting” image of plucky entrepreneurs trying their luck, smaller, independent drillers are losing access to capital

Investments are now seen at a four-year high of 183.7 billion Norwegian crowns ($21.11 billion) in 2019, up from the 172.7 billion crowns seen in February, according to SSB, which collects the data from oil firms.

Over January-April, China imported 8.93 million mt of LNG from Australia, up 40.2% year on year, the customs data showed.

"They still do not have permission from Russia to cross the border [after June 1] so the Kazakh company has decided to wait," a source at a major Ukrainian trading company said Tuesday. "No one knows exactly what's going to happen in June."

A 3.4 magnitude earthquake prompted the Dutch government last year to promise to end Groningen production by 2030 and to lower output as quickly as possible in the coming years.

сотрудничество России и Конго в сфере энергетики является очень перспективным направлением двустороннего партнерства двух стран.

Bangladesh’s second liquefied natural gas (LNG) floating facility is set to receive its first ship-to-ship transfer of gas from an Algerian cargo,

Товарооборот России и Вьетнама постепенно растёт, страны поступательно расширяют взаимодействие в сфере экономики, политики и координируют свои усилия на международной арене, отметил на переговорах Президент Российской Федерации Владимир Путин.