Industry Developments

Catalan savings bank La Caixa, which holds a 12.5% stake in Spain's Repsol, has announced that it is no longer in talks with Russia's private company Lukoil over the sale... 2008-12-30

BMI is forecasting that France will account for 13.63% of developed European regional oil demand by 2013, while making no appreciable contribution to supply. In Developed Europe,... 2008-12-24

The Norwegian government has announced the results of the Awards in Predefined Areas (APA) 2008 round. Oslo will hand out 21 licences in the Norwegian North Sea, 11 in the Norwegian... 2008-12-19

Norway's ministry of energy and petroleum has granted its approval for Det Norske Oljeselskap (DNO) to sell its 15% stake in production licences (PL) 229, 229B and 229C to StatoilHydro.... 2008-12-18

Paolo Scaroni, CEO of Italy's Eni , has announced that Libya has approved a deal for Russia's state-controlled Gazprom to take over Eni's 33.3% stake in Libya's El Feel (Elephant)... 2008-12-12

Cyprus has started negotiations with Russian gas export monopoly Gazprom over buying liquefied natural gas (LNG). Cyprus plans to build its first LNG terminal with the aim of reducing... 2008-12-11

The Faroe Islands have announced the results of their third licensing round, which closed on November 3 2008. The acreage offered was to the east, to the south and to the south-west... 2008-12-09

Abu Dhabi National Energy Company (TAQA) and Russia's Gazprom Export have signed a Memorandum of Understanding (MoU) which could lead to Gazprom's participation in the Bergermeer... 2008-12-08

BG Group and BP have agreed to exchange several UK North Sea assets in a move intended to strengthen the position of each company in its respective core asset area. With the oil... 2008-12-05

The head of the Icelandic energy authority has said that the country is hoping that a boom in its energy industry will help it recover from damage caused to its economy by the global... 2008-12-05