Industry Developments

Belgian gas company Distrigas has finalised a new deal with Qatar for the supply of natural gas to Belgium for thirty years. This agreement will usurp Algeria from its long-held... 2007-03-12

Norwegian oil company Norsk Hydro has announced an oil and natural gas discovery in the Barents Sea.

Spanish-based Repsol YPF has announced plans to broaden its development within Libya in its Q406 results presentation.

The decision by the Cypriot government to launch the state's first offshore bidding round on February 15 has drawn strong objections from Turkey.

The Ministry of Petroleum and Energy has announced that it has agreed a request made by Eni Norge , the Norwegian subsidiary of Italian-based Eni , to extend the area covered by... 2007-02-20

The UK's Department of Trade and Industry (DTI) has announced that the Teesside GasPort has received a shipment of liquefied natural gas (LNG) via the world's first dockside regasification... 2007-02-16

French major Total has reported Q406 and 2006 results, with adjusted net income rising 5% to EUR12.6bn (US$15.8bn) over the year, with the company experiencing a shallower Q4 dip... 2007-02-14

The UK Offshore Operators Association (UKA), the representative body for oil and gas companies licensed by the government to operate in the UK, has just delivered its annual report... 2007-02-13

Norwegian oil and gas giant

UK-based BG Group has posted its full-year 2006 results, with revenues of GBP7.67bn, up from GBP5.42bn in 2005 and profits of GBP3.39bn, a rise from GBP2.5bn the previous year.... 2007-02-09