2014-01-13 16:38:00
TOTAL BECOMES LARGEST ENERGY PRODUCER
Looking to expand shale-based oil production outside of its home country of France, where the controversial process of hydraulic fracturing drilling is banned, Total SA announced it was purchasing a 40% stake in two U.K. oil exploration areas. Total's partner IGAS Energy PLC ), which holds 14.5% of the permits to explore in the area, will be the operator of the exploration project.
The $47 million payments for exploration rights to Dart Energy Ltd make Paris-based Total SA the largest oil company to enter the U.K. fracking business, according to a report by Bloomberg. Total's stock price fell by just over 1% on the news, while Dart climbed 18%.
The move by Total SA, the largest oil producer to date to enter this market, makes clear a decision to more aggressively move into markets outside France. The Total deal is the second largest shale deal in the U.K. by a French company, following a deal by GDF Suez SA in October to buy a stake in 13 licenses In the U.K.s Bowland Basin from Australia-based Dart. In addition to the U.K., Total is involved in several U.S.-based shale projects, as well as projects in Australia, China, Denmark and Poland.
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2023, February, 3, 11:29:00
9TH INTERNATIONAL LNG CONGRESS LNGCON 2023
9th International LNG Congress (LNGCON 2023) 6-7 March, 2023
Link to the Congress website: https://bit.ly/3tXVmr7
2023, February, 3, 11:28:00
TRANSPORTATION OIL AND GAS CONGRESS 2023 (TOGC 2023)
Transportation Oil and Gas Congress 2023 (TOGC 2023) takes place on February 20-21, 2023. The Congress brings together representatives from the whole pipeline chain and focuses on both strategic and technical issues of the oil and gas pipeline transportation.
2023, February, 3, 11:25:00
ЦЕНА URALS: $49.48
Средняя цена на нефть марки Urals в январе 2023 года сложилась в размере $49,48 за баррель, что в 1,7 раз ниже, чем в январе 2022 года ($85,64 за баррель).
2023, February, 3, 11:20:00
RUSSIAN GAS TO EUROPE DOWN AGAIN
Total Russian pipeline exports to Europe in January via the two remaining major supply routes were 36% down on deliveries in December and 79% lower year on year.
2023, February, 3, 11:15:00
BP: THE TRANSITION TO A LOW-CARBON WORLD
The transition to a low-carbon world requires a range of other energy sources and technologies, including low-carbon hydrogen, modern bioenergy, and carbon capture, use and storage.
2023, February, 3, 11:10:00
GERMAN WIND ENERGY 7 GW
Germany targets 30 GW of offshore wind by 2030. The country had 7.7 GW of offshore wind installed capacity at the end of 2021.
2023, February, 3, 11:05:00
INDIA GREEN TRANSITION $8 BLN
India plans to spend US$4.3bn on energy transition through the Ministry of Petroleum and Gas, including programs for green fuel, green energy, green farming, green mobility, green buildings, and green equipment and policies for efficient use of energy across various economic sectors.