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EU wants ‘new transactions-based LNG benchmark’ in bid to calm prices
The European Union wants a new transaction-based benchmark for liquefied natural gas (LNG) as it says the fall in Russian pipeline gas flows and record high LNG imports have created imbalances in the current pricing mechanism.
read more... 03/10/2022
Iberdrola mulls sale of 40% stake in Wikinger offshore wind farm - report
Iberdrola SA (BME:IBE) is looking to sell a stake of around 40% in the 350-MW Wikinger offshore wind farm in the Baltic Sea, Spanish business newspaper Expansion has reported citing sources close to the transaction.
read more... 26/03/2020
Equinor completes acquisition with Shell in the US Gulf of Mexico
The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of $965 million in cash.
read more... 20/08/2019
Oil & gas agreements hit five-year low in 2017
The volume of global oil and gas agreements reached a five-year low in 2017, according to a new report from business services firm EY, which declared that the total value of global transactions declined to $343 billion (£247 billion) from $390 billion (£281 billion) in 2016.
read more... 14/02/2018
Exxonmobil finalizes LNG purchase in Mozambique
ExxonMobil, the biggest publicly traded international oil and gas energy firm, declared that it accomplished the transaction of liquefied natural gas purchase in Mozambique’s Area 4 block.
read more... 15/12/2017