Latest news
Hungarian oil and gas major firm puts up on sale UK North Sea assets
Hungarian oil giant MOL declared about its intentions to sell its assets off the UK causing continuous tensed events in the North Sea. This comes after four years the company entered the area.
read more... 07/12/2017
Eight energy companies promise methane cuts from natural gas
BP, ExxonMobil, Shell, Statoil and Total are among eight energy firms that inked the Guiding Principles document to further cut methane emissions from their natural gas assets.
read more... 23/11/2017
British Petroleum decided to sell North Sea assets to Serica Energy
British Petroleum decided to sell its oil and gas assets in North Sea to Serica Energy in an agreement estimated at £300 million.
read more... 22/11/2017
Glencore decided to purchase stakes in Chevron’s South African and Botswana assets
Glencore decided to purchase stakes in Chevron’s South African and Botswana assets
read more... 20/10/2017
CEZ holds out for a better price in the sale of Bulgarian assets
Czech utility CEZ plans to sell its Bulgarian assets, for which 5 bidders were shortlisted. The company should settle on a transaction by the end of the year, or in case it cannot obtain the right price, it might scrap it, as told by a board member to Reuters. The names of the bidders were not disclosed, but it is said that the firms had experience in the Balkans, as announced by Tomas Pleskac.
read more... 28/09/2017