Industry Developments
Norway
A consortium of oil majors led by Texas-based ConocoPhillips is planning to invest as much US$13bn to prolong the life of the Greater Ekofisk oil fields off Norway. The investment...
2010-03-15United 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...
2010-02-05United Kingdom
British newspaper the Financial Times (FT) has reported that oil services provider and producer Petrofac is considering spinning off its North Sea oil and gas assets into a separate...
2010-02-01
