Industry Developments

Royal Dutch Shell , Europe's biggest oil company, has reported an increase in its Q107 profit.

Leading Turkish mass grocery retail (MGR) operator Migros Türk has announced that its stores numbers have jumped to 905, and that based on the company's total sales for 2006 - which... 2007-05-03

Fears that high investment and activity in the North Sea and across the industry globally have resulted in an ageing workforce appear misplaced according to research by UK Oil and... 2007-05-02

Norwegian major Statoil , which is in the process of merging with Norsk Hydro , has announced that it is discussing asset swaps with China's state-owned China National Petroleum... 2007-04-27

According to a statement by Hans-Joachim Gornig, head of Gazprom Germania , the company will drop plans to sell gas to German households due to political risk. The news appears contrary... 2007-04-25

Anglo-Dutch major Royal Dutch Shell is to develop a liquefied natural gas (LNG) import terminal in Fos-sur-Mer in south-western France. The company aims for the plant to have an... 2007-04-24

According to a report in the Financial Times, the Spanish government is considering imposing new conditions on the proposed takeover of power utility Endesa by Italy's partly state-owned... 2007-04-20

Royal Dutch Shell has signed a contract to store up to 4bn cubic metres (bcm) of liquefied natural gas (LNG) at the import terminal in Rotterdam, which is expected to start operating... 2007-04-19

Irish explorer and producer Petroceltic International has been awarded seven new exploration permits in the Adriatic Sea. The company will have exclusive access to the permit areas,... 2007-04-17

During a meeting in Athens on April 11, the head of Russia's Gazprom, Alexei Miller and Greek Development Minister Dimitris Sioufas agreed to discuss a 24-year extension of Gazprom's... 2007-04-12