Latest news
Statoil acquires Petrobras assets in Carcará oil finding for $2.5 billion
Norwegian oil major Statoil ASA declared on Friday it had decided to acquire Petrobras' 66% operated interest in the BM-S-8 offshore license in Brazil's Santos basin for $2.5 billion.
read more... 29/07/2016
Enertis joins Blue Tree Asset Management to drive growth
Engineering firm Enertis has purchased a stake in Blue Tree Asset Management to take part in its plans to run 1GW of green energy plants within three years.
read more... 13/07/2016
Daily: Crude oil rebounds 4 % on less anxiety about Britain's possible exit from the European Union
Crude oil prices rebounded about 4% on Friday, as a weaker dollar and fears ease about Britain’s possible exit from the European Union prompted investors to purchase riskier assets. Brent crude futures' front-month contract rose by $1.98, or 4.2%, to settle at $49.17 a barrel. The front-month in U.S. crude's West Texas Intermediate (WTI) futures boosted $1.77, or 3.8%, to end at $47.98. For the week, Brent declined nearly 3% and WTI lost more than 2%.
read more... 20/06/2016
Russia’s Lukoil envisages sale of oil refineries in Europe
Russia’s oil company Lukoil mulls spinning off or selling its downstream assets in Europe to focus on exploration both in Russia and abroad, according to Chief Executive Vagit Alekperov.
read more... 20/06/2016
Chinese utility to acquire 14% of Belgium’s Eandis
State Grid Corporation of China's (SGCC) offshore investment unit has emerged as the successful bidder to acquire a 14% stake in Belgium gas and power distribution firm Eandis Assets.
read more... 06/06/2016