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Statoil manager remains to dividend policy in spite of low oil prices

Norwegian oil and gas producer Statoil will keep on making dividend payments a major priority even if oil prices have decreased more sharply than it anticipated, obliging it to be selective over projects, as stated by its acting chief executive.

read more... 09/01/2015

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UK: BP confirms oil production from Kinnoull field in Central North Sea

UK’s oil major BP unveiled the start of oil production from Kinnoull field in the central North Sea, marking BP’s seventh and final major upstream project start-up in 2014.

read more... 05/01/2015

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BG: first Australian LNG cargo to be exported to China

Britain's BG Group is getting ready to send a first commercial liquefied natural gas (LNG) cargo to China from its new $20.4 billion Queensland Curtis LNG project in Australia, as stated by a company representative.

read more... 30/12/2014

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Russia: Gazprom decided to purchase European partners out of South Stream pipeline

Gazprom has decided to purchase its European associates Wintershall, EDF and Eni out of the fragmented South Stream gas pipeline project, as stated by the companies on Monday.

read more... 30/12/2014

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E.ON has put in service new U.S. solar and wind installations

German utility E.ON declared on Thursday it has put in operation two large-scale renewable energy projects in the U.S., reinforcing its position in a developing market.

read more... 19/12/2014

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