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Poland: gas company PGNiG will be listed on bourse
The Polish government will maintain listed on the stock market its leading gas distribution company PGNiG, in spite of proposals it should be nationalized and removed because of its strategic importance, as stated by Deputy Treasury Minister Wojciech Kowalczyk.
read more... 07/07/2014
Oil major Total starts Edradour gas fields expansion
French oil major Total decided to expand the Edradour gas field, in the West of Shetland region, after negotiating less elevated prices with contractors, as well as purchasing a 60 percent stake in the adjacent Glenlivet field, according to the company on Thursday.
read more... 04/07/2014
France: Total’s LPG distribution business to be purchased by UGI
U.S. utility UGI is to acquire Total's liquefied petroleum gas (LPG) distribution business in France for approximately 400-450 million euros ($545-$613 million), denoting another step in the efforts of the French oil huge conglomerate to get rid of assets in older markets to enhance profits.
read more... 03/07/2014
Daily: UK gas for winter delivery plunges to record lows on weak demand
Crude oil dropped about $1 on Wednesday as Libyan and Iranian supply started to recover, hitting the lowest settlement in almost three weeks despite considerable draw in U.S. oil stockpiles. Brent crude fell $1.05 a barrel to close at $111.24, while U.S. light crude dropped by more than a dollar to a session low of $104.25, then rebounded to close down 86 cents at $104.48.
read more... 03/07/2014
Slovak pipeline operator obtains numerous offers to convey gas to Ukraine
Slovak gas pipeline operator Eustream declared on Wednesday numerous transporters presented required offers in the so-called open period for capacity on a pipeline that will convey gas into Ukraine via the European Union.
read more... 03/07/2014