Latest news
Lukoil eyes the acquisition of new assets in the Middle East
The Lukoil president, Vagit Alekperov declared to reporters on Friday that the giant is looking to fully change its reserves in Russia and enter other markets in the years to come, thus the company is interested in acquiring Middle East assets, even if Russia is full of assets.
read more... 01/03/2011
Shell wants to swap shares with Gazprom to expand Sakhalin-II project
Royal Dutch Shell Plc reported its willingness to offer Gazprom stakes in Asian assets in return for an agreement to expand Russia’s Sakhalin-II liquefied natural gas (LNG) project.
read more... 10/02/2011
SSE acquires gas assets from Hess
Scottish and Southern Energy (SSE) agreed to perform an acquisition of natural gas production assets in the North Sea from Hess Corporation’s European unit. The cost of the transaction is £278 million and will include 18% stakes hold by Hess Corporation in a gas pipeline operated by BP.
read more... 03/02/2011
PetroChina into a refining deal with Ineos Group
PetroChina Co., China’s biggest energy producer, after agreeing to form a venture with U.K. refiner Ineos Group Holdings Plc, one of the UK’s largest private businesses, has acquired a strategic stake in Europe’s refining markets
read more... 11/01/2011
Iran targets the European gas market via Turkish pipeline
Mr. Masoud Mirkazemi, the Iranian oil minister and Mr. Taner Yildiz, Turkish energy and natural resources minister met in Tehran on 8th January 2011. The discussion was based on issues of mutual interest.
read more... 10/01/2011