BG Group has transferred its headquarters for worldwide oil and liquefied natural gas (LNG) trading from the United Kingdom to Singapore in order to be nearer to clients in the emergent Asian region, as stated by the company on Monday.
read more... 07/04/2014
Spain could be transformed into a gas exporter by 2031 while producing 20% of the oil it consumes, according to a report released by consultancy Deloitte.
read more... 01/04/2014
The most important international oil companies, such as Statoil, Conoco Phillips, Royal Dutch Shell and Total, have been awarded with the rights to perform explorations for oil and gas off Myanmar, as stated by the Ministry of Energy in the Southeast Asian country.
read more... 27/03/2014
Croatia is on the way to turn into a regional hub for energy production and transport, helping other EU members to diversify supply, according to the declaration made on Thursday by Alen Leveric, the deputy economy minister. EU leaders consider this move very important since they want to reduce reliance on Russian gas.
read more... 21/03/2014
RWE, the indebted German utility, intends to sell its oil and gas output division DEA to a group of investors managed by Mikhail Fridman, the Russian magnate. The arm is estimated at almost 5.1 billion euros (or $7.10 billion), counting the debt.
read more... 17/03/2014