Latest news
Spain’s Repsol deals with $5.5 billion claim from Chinese company
Spanish oil company Repsol has announced it deals with a $5.5 billion (£3.74bn) arbitration claim from a Chinese state-controlled firm.
read more... 21/06/2016
Norway to overtake Russia as Lithuania’s first gas supplier in 2016
Lithuania will purchase more gas from Norway than from Russia in 2016 after concluding a number of supply deals with Statoil facilitated by its liquefied natural gas (LNG) infrastructure.
read more... 09/02/2016
Statoil sets $2.77 billion in maintenance deals in Norway
Norway’s Statoil unveiled on Tuesday that it awarded maintenance and modification contracts worth $2.77 billion (NOK24bn) for its offshore and onshore oil and gas facilities in Norway. The company said that the new compensation system is aimed to save on oilfield services and to encourage continuous improvement and higher productivity.
read more... 17/12/2015
Eni inks $2 billion petroleum exploration agreement in Egypt
Italian giant Eni has inked a new concession and three amendment deals with the Egyptian Government for prospective petroleum exploration.
read more... 16/11/2015
RWE plans reorganization of units to cut costs
German utility RWE is thinking about a restructuring that could see units such as RWE Generation and RWE Innogy being fused or swallowed up by the parent group since it deals with an industry-wide crisis, as stated in a German newspaper on Saturday.
read more... 06/07/2015