Tag Archives: International Companies

Private-equity back oil firm Chrysaor has snapped up stakes in a number of UK North Sea licences containing exploration prospects from US business Apache.

The deal will involve the development of two oil fields in southern Iraq.

One of Exxon Mobil Corp.‘s largest shareholders. Legal &. General Group Plc. has divested 19 of its funds from the company and will ask its clients if it can withdraw more money. saying the oil and gas producer isn’t adequately addressing climate change.

Oil in London headed for its biggest weekly gain since February as escalating tensions between the U.S. and Iran fanned fears of conflict that would disrupt energy supplies from the Middle East.

Alpha Petroleum’s plans for developing its flagship UK North Sea field appear to have suffered a blow after its floating production vessel deal with Teekay was terminated.

Water flowing from mountains to fjords in Norway will soon be helping power British homes. as the world’s longest ``interconnector`` hooks up the two countries’ grids.

After several years in the doldrums. oilfield service companies are beginning to raise prices for their products and services. according to Rystad Energy.

It is expected to prevent the release of more than 23.000 metric tons of toxic chemicals and 185.000 metric tons of marine litter.

They believe the technologies could bring significant benefits to the energy sector. the economy and the environment.

Earlier it was reported that the U.S. Administration plans to impose sanctions against Nord Stream 2 project.