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2015 World’s top oil and gas firms
Oil and gas firms are among the world’s largest corporations. According to 2015 Financial Times Global 500 list, among the global top 10 oil and gas companies based on net income are the. U.S. firm Exxon Mobil, which is ranked first, with a total net income of about 32.5 billion U.S. dollars, followed by Chevron U.S., PetroChina etc.
read more... 11/11/2015
Italy's Snam interested in acquiring 17 pct stake in Greek gas network from SOCAR
Italian gas grid operator Snam would like to purchase a 17 percent stake in Greek gas grid operator DESFA from SOCAR, as stated by the Azeri state energy company's president on Tuesday, in an agreement that may calm European Commission worries.
read more... 11/11/2015
National Grid mulls sale of UK gas distribution arm
UK’s National Grid is planning to sell a majority stake in its British gas distribution business, which could yield £10billion ($15 billion) in an auction with foreign investors.
read more... 10/11/2015
Ineos inks US shale gas ethane agreement with Exxon and Shell in Scotland
Ineos, owner of Scotland's Grangemouth petrodoil refinery, has signed an agreement with subsidiaries of ExxonMobil and Shell to provide ethane derived from U.S. shale gas which it is to import into Scotland to their neighboring chemical plant, as stated by the company on Monday.
read more... 10/11/2015
BP signs agreement to hasten development of Atoll gas field in Egypt
UK-based oil and gas major BP has inked a heads of agreement (HoA) with the Egyptian Minister of Petroleum to accelerate the expansion of the Atoll gas field in the country.
read more... 09/11/2015