The European Bank for Reconstruction and Development (EBRD) has invested €100 million in a new seven-year €550 million bond issued by Bulgarian Energy Holding (BEH), the state-owned entity that controls the country’s energy assets, including the public suppliers of electricity and gas, the EBRD announced on Monday.
read more... 14/08/2018
France’s Total is set to sell a third of its stake in Laggan Tormore gas field along with other oil and gas assets in Britain’s North Sea that could fetch a total of $1.5 billion, four banking and industry sources said.
read more... 10/07/2018
Royal Dutch Shell has announced the sale of oil and gas assets in Norway and Malaysia for a total of more than $1.3bn.
read more... 22/06/2018
Energy major BP has approved its first most important project this year, a natural gas field in Oman that will endorse the loss of other assets in the Middle East.
read more... 10/04/2018
China is one of the biggest oil consumers heavily reliant on imports. Production from assets the Chinese state oil firms own abroad surpasses internal production, increasing the state dependency on foreign oil.
read more... 14/03/2018