The letter of intent covers the Blythe Hub and Vulcan Satellites Hub developments in the southern North Sea.
Read More »Russia`s Gazprom Replaces Exxon A Top Global Ranking
Behind Gazprom. Germany’s E.ON and India’s Reliance Industries rounded out the top three. followed by South Korea’s Korea Electric Power Corp. and China Petroleum &. Chemical Corp.
Read More »Top BP Executive Warns OPEC Needs to Prolong Oil Output Curbs
The world economy is ``almost as good as it gets.`` with one of the best performances since the global financial crisis of 2008-09.
Read More »Statoil Vies for a Stake in Abu Dhabi`s Offshore Oil
Adnoc plans to merge ADMA-OPCO with the Zakum Development Co.. or Zadco. of which it also owns 60 percent. by the end of the year.
Read More »Lukoil Plans to Keep Output Steady with New Projects Outside Russia
Lukoil. a big oil products importer on the European market. would continue working on European projects and would keep its retail net in Turkey.
Read More »Ukraine`s Naftogaz Seeks Billions from Russia Over Crimea Asset Grab
The battle between Naftogaz and Gazprom serves as a reminder. to some. that the Russians cannot be trusted.
Read More »France`s Total Sells Its Italian Gas Business to UGI
The sale is part of a move by the company to sells its assets in the Italian downstream retail market.
Read More »US Plans to `Bury` Nord Stream 2 to Weaken Russia on European Market
The United States has the most pragmatic position on the Nord Stream 2 project.
Read More »Gulf of Mexico Deal Shows Total Hungry for Exploration Again
The new Chevron partnership could revitalize Total’s portfolio in the GoM.
Read More »North Sea Oil Sees Investment Rush
The North Sea’s problem has always been high production costs.
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