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2014, September, 30, 20:10:00
SEIZING THE MEXICO’S OPPORTUNITIES
Argentina’s YPF and Malaysia’s Petronas are negotiating a joint-venture with Mexico’s Pemex – possibly starting with shallow water fields – in a bid to become the first foreign oil companies to seize the opportunities of Mexico’s energy reform.
2014, September, 30, 20:15:00
ENCANA & ATHLON: $7 BLN
Encana of Canada has become the latest company working in North America’s shale reserves to make a leap to reduce its reliance on gas, and increase its oil production, by agreeing a $7.1bn deal to buy US-listed Athlon Energy.
2014, September, 30, 20:55:00
US BECOMES LARGEST
The US is overtaking Saudi Arabia to become the world’s largest producer of liquid petroleum, in a sign of how its booming oil production has reshaped the energy sector.
2014, September, 30, 20:34:00
BRENT IS DOWN 13%
There was a time when headlines about jets bombing Middle Eastern refineries would have sent oil prices soaring.
2014, September, 30, 20:40:00
ROSNEFT IS ENOUGH FOR $27 BLN
The head of OAO Rosneft (ROSN) said maintaining dividends is a “sacred obligation” for Russia’s largest oil company as sanctions limit its financial flexibility.
2014, September, 30, 20:52:00
RUSSIA SANCTIONS: NO BAR
The most powerful man in Russia’s oil industry says U.S. sanctions won’t prevent the development of discoveries in the Arctic Ocean.
2014, September, 30, 20:49:00
EU & RUSSIA ENERGY PARTNERSHIP
German Chancellor Angela Merkel said on Monday there were good reasons to continue the European Union's energy partnership with Russia for the time being but that might change if Moscow continues to violate basic principles.
2014, September, 30, 20:46:00
RUSSIAN OIL ARE SECURE
Hungarian oil group MOL is reasonably confident that its crude supplies from Russia will not be disrupted by the Ukraine conflict because its Russian partners are reputable companies, the head of its downstream business said.
2014, October, 2, 19:35:00
NOV ANNOUNCES $3 BLN
National Oilwell Varco, Inc. (NYSE: NOV) announced today that its Board of Directors has authorized a share repurchase program to purchase up to $3 billion of the company's outstanding common stock.
2014, October, 2, 19:45:00
GE WILL WORKING IN RUSSIA
U.S. energy company GE will continue working in Sakhalin despite Western sanctions on Russia, the company's vice chairman John Rice told Interfax Monday.
2014, October, 2, 20:10:00
U.S. OIL EXPORTS RISES
U.S. oil exports are set to surpass a record held since 1957 as traders find ways around a four-decade ban on supplies leaving the country.
2014, October, 2, 19:40:00
AKER SOLUTIONS HAS BEEN SPLIT
Aker Solutions started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets.
2014, October, 2, 20:30:00
GAZPROM WILL BACKFIRE
What does the energy future hold for Europe amid the Ukraine crisis? Can the US LNG and shale gas become alternative for the Russian Gazprom gas in Europe? Is Russia to play the Gazprom card on the continent during the approaching heating season?
2014, October, 2, 20:20:00
TAP IN EUROPE
The EU’s long term goal regarding energy security is to become independent from one single gas supplier, increasing competition by having diverse energy suppliers. For these reasons, the EU promotes the Southern Gas Corridor, a strategically important gas value-chain passing through Azerbaijan, Georgia, Turkey, Greece, and Albania, linking Caspian gas to Europe.
2014, October, 2, 20:15:00
IRAN CAN SUPPLY
The European Union is looking for alternative gas supply sources as a result of Russian involvement in the Ukrainian crisis and it now seems that it may be looking towards Iran to fulfil this need.
2014, October, 2, 20:00:00
EXXON FINDING IN RUSSIA
At another time or in a different place, the oil and gas field ExxonMobil has discovered in the Russian Arctic would have been a cause for jubilation at its Texas headquarters.
2014, October, 2, 20:25:00
BLUE STREAM IS RISING
It was agreed to load Blue Stream with Russian natural gas to full capacity as soon as possible in order to satisfy the growing demand of Turkish consumers.
2014, October, 2, 20:40:00
RUSSIAN GAS DOWN
Russia cut natural gas supplies to European Union member Slovakia by 50% Wednesday, Moscow's latest and most significant reduction in energy supplies to an EU country that is helping Ukraine build gas supplies ahead of winter.
2014, October, 2, 19:50:00
NORWEGIAN ENERGY COMPANY DOWN
Shares in Norwegian Energy Company ASA (NOR. OS) plunged over 70% Wednesday and the oil firms chairman resigned after it warned that it could face problems in meeting its financial commitments.
2014, October, 2, 19:55:00
NEW OIL BABY: $525 MLN
In the wake of an energy overhaul that ends Mexico's state oil monopoly, a new exploration and production company was born with the name Sierra Oil & Gas, which Chief Executive Ivan Sandrea says already has a wealth of global expertise.