Latest news
French Total acquires a 23% stake in U.S. gas project group Tellurian
Total, the French multinational integrated oil and gas company and one of the six “supermajor” oil companies in the world, will buy a 23 percent stake in Tellurian Investments, a private U.S. gas projects operator, for $207 million.
read more... 21/12/2016
Daily: Oil prices near flat in calm trade ahead of Christmas
Crude oil prices did not change significantly on Monday in quite traded ahead of Christmas as the market waited to observe whether U.S. shale gas production would increase enough to offset projected output cuts by OPEC, Russia and other producers in 2017. Brent futures for February delivery fell 29 cents or 0.5 percent, to settle at $54.92 a barrel, while U.S. West Texas Intermediate crude for January gained 22 cents, or 0.4 percent, to close at $52.12 per barrel.
read more... 20/12/2016
Norway: Kollsnes gas plant to be partially closed in May and September
Norway's biggest gas-processing plant, Kollsnes, will be partially closed from May 6-20 and from September 2-20 next year, gas system operator Gassco declared on Friday, announcing its 2017 maintenance plans.
read more... 20/12/2016
Polish regulator authorized PGNiG gas price increase for Q1 2017
Poland's largest gas company PGNiG will raise the price of high-methane gas it sells by 12.2 percent and the price of nitrogen-rich gas by 13.4 percent from the beginning of next year, the firm said, mentioning an approval from energy regulator URE.
read more... 19/12/2016
Shell to purchase 100% of electricity from its own Dutch offshore windfarm
Shell Energy Europe Ltd, which is a subsidiary of oil and gas giant Royal Dutch Shell, has signed an offtake deal for 100% of the electricity generated by the 108-MW Egmond aan Zee offshore wind farm in Dutch waters.
read more... 16/12/2016