2017, November, 20, 09:00:00NORWAY SELLS OIL & GAS
Norway, which relies on oil and gas for about a fifth of economic output, would be less vulnerable to declining crude prices without its fund investing in the industry, the central bank said Thursday. The divestment would mark the second major step in scrubbing the world’s biggest wealth fund of climate risk, after it sold most of its coal stocks.
2017, November, 1, 13:10:00SHELL SELLS BRITAIN $3.8 BLN
Shell has completed the sale of a package of UK North Sea assets to Chrysaor for a total of up to $3.8bn, including an initial consideration of $3.0bn and a payment of up to $600m between 2018-2021 subject to commodity price, with potential further payments of up to $180m for future discoveries. This sale was announced on 31 January 2017 and has an effective date of 1 July 2016. Completion follows receipt of all necessary regulatory and partner approvals.
2017, October, 13, 12:35:00ROSNEFT - ENI GAS DEAL
Rosneft closed the deal to acquire a 30% stake in the concessions agreement for the development of Zohr field, the largest gas field in the Mediterranean Sea, from Italian company Eni S.p.A.
2017, September, 18, 12:25:00RUSSIAN GAS FOR CROATIA
Gazprom Export LLC and the Croatian Prvo plinarsko društvo d.o.o. signed a long-term contract on natural gas supplies for the period from 1 October 2017 to 31 December 2027. The annual supply volume within the contract amounts to 1 billion cubic meters, and 0.25 bcm is to be delivered in the fourth quarter of 2017.
2017, September, 15, 08:45:00SEADRILL'S BANKRUPTCY
Seadrill, one of the world’s largest offshore drilling companies, filed for bankruptcy after it secured agreement from nearly all of its banks to support a plan to inject $1bn in new capital and all but wipe out existing shareholders.
2017, September, 15, 08:30:00NORWAY'S OIL PRODUCTION DOWN 41 TBD
Preliminary production figures for August 2017 show an average daily production of 1 918 000 barrels of oil, NGL and condensate, which is a decrease of 41 000 barrels per day compared to July. Total gas sales were 10.4 billion Sm3 (GSm3), which is a decrease of 0.1 GSM3 from the previous month.
2017, September, 8, 08:35:00UK M&A $6 BLN
Almost $6 billion worth of mergers and acquisitions have taken place in the UK oil and gas sector in the first half of the year – sending a strong vote of confidence in a basin that has been grappling with the challenges of a major downturn, a new report reveals.
2017, September, 4, 12:30:00RUSSIAN GAS FOR EUROPE: UP TO 23%
Russian natural gas volumes piped via Ukraine to European consumers are up by 23.4 percent so far this year at 61.9 billion cubic metres (bcm), Ukrainian gas transport monopoly Ukrtransgaz said.
2017, August, 31, 12:15:00U.S. LNG FOR EUROPE - 4
Last week, U.S. liquefied natural gas (LNG) made its way to the somewhat unlikely market of Lithuania. The former Soviet republic traditionally bought its gas from Russian state company Gazprom; this was its first shipment from the United States. For President Donald Trump, that must have been a gratifying sign of the success of his administration’s nascent energy diplomacy.
2017, August, 31, 12:10:00U.S. WANT NORWAY
Norway’s $970-billion sovereign wealth fund, the world’s largest, should allocate a bigger share of its investments to renewable energy to boost returns, a U.S. energy policy think-tank said
2017, August, 28, 19:40:00HUGE NORWAY'S OIL & GAS
“We have been producing oil and gas in Norway for nearly 50 years and we are still not halfway done. Vast volumes of oil and gas have been discovered on the Norwegian shelf that are still waiting to be produced. We want companies with the ability and willingness to utilise new knowledge and advanced technology. This will yield profitable production for many decades in the future,” says Ingrid Sølvberg, Director of development and operations in the Norwegian Petroleum Directorate.
2017, August, 24, 13:45:00NORWAY'S PETROLEUM PRODUCTION UP TO 93 TBD
Preliminary production figures for July 2017 show an average daily production of 2 000 000 barrels of oil, NGL and condensate, which is an increase of 93 000 barrels per day compared to June.
2017, August, 24, 13:40:00TOTAL - MAERSK DEAL: $7.45 BLN
French oil company Total agreed Monday to buy Danish conglomerate AP Moller-Maersk's oil business for $7.45 billion, in a deal that will strengthen its position in the North Sea.
2017, July, 14, 09:30:00NORWAY'S PRODUCTION DOWN 116 TBD
Preliminary production figures for June 2017 show an average daily production of 1 884 000 barrels of oil, NGL and condensate, which is a decrease of 116 000 barrels per day compared to May.
2017, July, 5, 12:00:00U.S. LNG FOR BRITAIN
The UK's first US LNG cargo will arrive at the Isle of Grain terminal on around July 8, according to shipping sources.