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Shell CEO declares BG Group purchase is on course

Royal Dutch Shell's chief executive officer, Ben van Beurden, declared on Thursday the $70 billion purchase of British competitor BG Group is on track and fits into Shell's plans to raise the share of natural gas in its portfolio.

read more... 19/06/2015

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Gazprom Neft to continue expanding its portfolio in Russian Arctic

Gazprom Neft, a branch of Gazpromneft Sakhalin, has been granted subsoil-use rights to two licence blocks in the Russian Arctic.

read more... 20/01/2015

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GDF Suez to expand its wind portfolio in the UK

French power group GDF Suez has acquired the UK-based wind energy developer West Coast Energy (WCE), strengthening its commitment to expand its wind portfolio in the UK, as well as in Europe.

read more... 31/03/2014

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Exxon plans to launch production at 10 new projects

ExxonMobil Corp., the super giant oil company, has the intention to reduce expenditures and to begin production simultaneously at 10 significant projects this year, adding to its portfolio a net capacity of 300,000 barrels of oil equivalent per day.

read more... 11/03/2014

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Spain’s wind power sector

Wind was Spain's top electricity generator for the first six months of 2013. Spain has a vigorous and varied renewable energy portfolio that has considerably reduced its dependence on fossil fuels. Currently Spain imports more than 80% of its gas and coal for domestic use from abroad, making energy security a national precedence. Along with significant growth in solar energy and biofuels, wind energy has become a cornerstone of the Spanish renewable energy portfolio.

read more... 13/01/2014

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