Industry Developments
United Kingdom
London-listed oil services company Petrofac has announced that it is spinning off its UK upstream assets and combining them with Lundin Petroleum's into a new North Sea-focused...
2010-03-04Qatar
Qatar's Ras Laffan Liquefied Natural Gas Company (RasGas) announced the start-up of train seven of the RasGas III project on February 24.
2010-02-25United Kingdom
The UK's Department for Energy and Climate Change (DECC) has granted a licence to Gateway Storage Company to build a new gas storage facility in the east Irish Sea.
2010-02-16United Kingdom
Anglo-Dutch major Royal Dutch Shell is to sell its North Sea operations as part of a plan to offload US$10bn worth of assets, according to a report in British newspaper the Sunday...
2010-02-15Germany
Germany's Bayerngas and E.ON are reportedly looking to jointly acquire RWE's distribution unit Thyssengas (formerly RWE Transportnetz Gas ), which RWE is seeking to divest...
2010-02-12Italy
Italy's Eni has announced its willingness to divest its shares in three pipelines in order to end an antitrust investigation that the European Commission (EC) launched against...
2010-02-05Portugal
Brazil's state-run Petróleo Brasileiro (Petrobras) is reportedly holding talks with Anglo-Irish independent Tullow Oil to acquire a stake in the latter company's exploration...
2010-01-29United Kingdom
The British government launched its 26th seaward licensing round on January 27, offering a record 2,818 licences in all the country's offshore areas. On the same day, Britain's finance...
2010-01-28
