W.Europe
2016, June, 10, 14:20:00
NORWEGIAN MERGER
Oil companies BP (BP.L) and Det norske (DETNOR.OL) have agreed to merge their Norwegian businesses in a $1.3 billion all-share deal to cut costs, challenge Statoil's (STL.OL) dominance of the local industry and look for more acquisitions.
2016, June, 10, 14:00:00
BRITAIN LOSE 120,000 JOBS
As many as 120,000 oil workers will have lost their jobs in Britain by the end of the year compared to mid-2014 when oil prices started declining and unleashed sector-wide cost cuts, the industry's lobby group said on Friday.
2016, June, 9, 18:40:00
BP: TIME OF CHANGES
In 2015 global demand for primary energy grew by only 1%, significantly slower than the 10-year average. This reflected continued weakness in the global economy and lower growth in Chinese energy consumption as the country shifts from an industrial to a service-driven economy.
2016, June, 8, 18:40:00
RUSSIAN GAS PROTECTS EUROPE
Nord Stream 2 will offer a secure, reliable connection to the world’s biggest gas reserves in Siberia, where investments from Russian and international energy companies over the last decades have ensured that the gas fields are amongst the most cost-effective sources from which to supply Europe. At the same time, Russian gas supplies are available and deliverable at short notice, making Russian piped gas the best option for Europe’s gas supply - economically and ecologically.
2016, June, 8, 18:35:00
EUROPE NEED RUSSIAN GAS
“We believe Nord Stream 2 is a good project, it provides infrastructure for importing gas to the EU, which will need. Russia is a major gas supplier to the EU.”
2016, June, 6, 18:50:00
NORD STREAM'S POLICY
While in Germany and Austria, the promoters of Nord Stream 2 are quite outspoken, in the Netherlands and France, there is recognizable, but more silent support in government circles. Here, as well, the main line of argumentation is based on the added value of infrastructure diversification and the neutrality of political actors on economic activity in the market.
2016, May, 30, 18:20:00
GAZPROM'S RECORD TO EUROPE
Russia's Gazprom plans to export a record 165 billion cubic metres (bcm) of gas to Europe this year, the company's deputy chief executive Alexander Medvedev told reporters on Thursday.
2016, May, 23, 20:35:00
LEVIATHAN APPROVED
Leviathan, one of the largest offshore discoveries of the past decade, was found in the eastern Mediterranean in 2010 and has been mostly earmarked for exports.
2016, May, 22, 15:25:00
THE NEW NORWEGIAN LICENSES
The Barents Sea is characterized by low exploration maturity with a high resource potential. Operators have discovered 3.3 billion boe in the Barents Sea since exploration began, and the region has an estimated undiscovered potential of 7.6 billion boe. About 5 billion boe is expected to gas and condensate.
2016, May, 22, 15:10:00
BENEFITS OF UKRAINIAN TIPS
The US officials gave a positive assessment of Ukraine's sourcing of gas from Europe and the ongoing reform at Naftogaz and Ukraine’s gas market. They also commended the implementation of the corporate governance reform, which was based on OECD principles for state-owned enterprises.
2016, May, 5, 18:55:00
U.S. LNG FOR EUROPE-2
American LNG will be part of the approach towards diversification of sources of gas in Europe, in contrast to projects like Nord Stream 2 or the revived South Stream, which she said are not real sources of diversification.
2016, May, 5, 18:35:00
REPSOL NET INCOME €572 MLN
Adjusted net income was 572 million euros, compared with 928 million in the same quarter of the previous year, which included exceptional earnings of 500 million euros due mostly to the company’s dollar position after receiving funds for the expropriation of YPF, subsequently used for the acquisition of Talisman.
2016, May, 3, 14:30:00
SEADRILL NET LOSS $750 MLN
Seadrill generated EBITDA of $513 million for the fourth quarter 2015
Current order backlog of $5.1 billion
$10.7 billion for Seadrill Group
2016, April, 28, 19:30:00
STATOIL PROFIT DOWN 71%
Adjusted earnings were USD 857 million in the first quarter compared to USD 2,945 million in the same period in 2015. The reduction was primarily a consequence of significantly lower liquids and gas prices, partially offset by good operational performance and reduced underlying operating costs. Adjusted earnings after tax were USD 122 million in the first quarter, down from USD 902 million in the same period last year.
2016, April, 17, 19:05:00
EU GAS PRICE
Now the two sides, buyer and seller, will have to make do without the safety-net the contracts offered: high gas demand translates into high gas prices for the customers, while indexation to low oil prices would have deprived Gazprom of the upside of a temporary supply glitch or a prolonged cold winter.