Industry Developments

Anglo-Dutch major Royal Dutch Shell has said that it has received an offer for its Stanlow refinery from Indian company Essar Oil, and that it is now negotiating the terms of sale.... 2010-12-23

Denmark has imported gas from Germany for the first time after extreme cold weather pushed up domestic demand, according to a December 16 press release by Gasunie's German unit.

London-listed oil services provider John Wood Group has acquired Scottish services provider PSN for over US$950mn.

In a week that saw Beijing engaged in a vitriolic spat with the Norwegian government over the awarding of the Nobel Peace Prize to jailed dissident Liu Xiabo, an oil-field-services... 2010-12-14

US industrial conglomerate GE has improved its offer for UK-listed pipeline specialist Wellstream, securing a takeover that will see GE expand its 'energy infrastructure' unit.

Oil and gas services company Petrofac has bought a 20% stake in Scottish gas storage company Gateway Storage.

British major BP has approached several UK-focused energy companies over a potential sale of North Sea assets worth around US$1bn, according to a report by Britain's Telegraph newspaper... 2010-12-07

In spite of a disappointing first drilling season, Greenland's 2010 Baffin Bay Licensing Round has been very successful, attracting a number of the industry's major players... 2010-11-30

Private equity giant Blackstone Group and privately-held fuels distributor Greenergy have emerged as potential buyers for British downstream assets being divested by Total, ExxonMobil... 2010-11-25

The Medgaz pipeline, once onstream in 2011, will result in Spain cutting its LNG imports, adding to an already challenging outlook for suppliers of LNG to Europe.