Latest news
Total in talks to offload oil and gas assets in UK North Sea
French firm Total is reportedly in discussions to pursue the sale of some of its oil and gas assets in the British North Sea.
read more... 26/12/2018
Vortex to exit 998-MW wind partnership with EDPR
German onshore wind projects developer Vortex Energy said today it has agreed to unload its 49% stake in a 998-MW portfolio of European wind farms to institutional investors advised by JP Morgan Asset Management.
read more... 24/12/2018
Snam, Enagas and Fluxys close acquisition of DESFA
The European consortium formed by Snam (60%), Enagás (20%) and Fluxys (20%) today completed the acquisition of a 66% stake in DESFA, the operator of Greek natural gas transport network, to the Assets Development Fund of the Republic Hellenic (HRADF) and Hellenic Petroleum, for an amount of €535 million.
read more... 20/12/2018
BP plans to spend over $1bn in Egypt in 2019
BP is planning to spend more than a billion dollars on its assets in Egypt in the coming year. According to Bob Dudley, BP chief executive, the company will spend $1.8 billion in Egypt and an additional $1 billion annually in Abu Dhabi on new discoveries and licensing rounds as it looks to expand its operations in the Middle East.
read more... 16/11/2018
Gazprom and OMV sign agreement on assets sales
The Russian gas giant of Gazprom and the Austrian OMV company signed on Wednesday a basic agreement on the sales of assets following the talks between Russian President Vladimir Putin and Austrian Chancellor Sebastian Kurz, Gazprom said in a statement.
read more... 04/10/2018