Latest news
Centrica in the process of vending Canada oil and gas assets
Centrica, Britain's biggest utility firm, is in the process of vending all of its Canadian oil and gas assets and abandoning operations in the country, as stated by a company spokesman on Monday.
read more... 27/09/2016
Total purchases cheaper the Chesapeake's Barnett Shale assets
French oil and gas company Total will enhance its exposure to U.S. shale gas by acquiring 75 percent of Barnett Shale assets from Chesapeake, taking advantage of a far lower price than it paid for its initial 25 percent holding.
read more... 13/09/2016
Investors ask G20 nations to approve Paris climate deal this year
Investors running assets of over $13 trillion urged leaders of the Group of 20 on Wednesday to approve a global climate deal by the end of 2016 and to intensify efforts to move from fossil fuels.
read more... 29/08/2016
Statoil acquires Petrobras assets in Carcará oil finding for $2.5 billion
Norwegian oil major Statoil ASA declared on Friday it had decided to acquire Petrobras' 66% operated interest in the BM-S-8 offshore license in Brazil's Santos basin for $2.5 billion.
read more... 29/07/2016
Daily: Crude oil rebounds 4 % on less anxiety about Britain's possible exit from the European Union
Crude oil prices rebounded about 4% on Friday, as a weaker dollar and fears ease about Britain’s possible exit from the European Union prompted investors to purchase riskier assets. Brent crude futures' front-month contract rose by $1.98, or 4.2%, to settle at $49.17 a barrel. The front-month in U.S. crude's West Texas Intermediate (WTI) futures boosted $1.77, or 3.8%, to end at $47.98. For the week, Brent declined nearly 3% and WTI lost more than 2%.
read more... 20/06/2016