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English Edition

EDF Completes Acquisition Of Edison

EDF Completes Acquisition Of Edison

Πεμ, 24 Μαΐου 2012 - 17:04

Electricite de France (EDF.FR) Thursday completed the acquisition of Edison SpA (EDN.MI), as it purchased shares from investment vehicle Delmi for EUR784 million.

Statoil Upgrades Brazil Pre-salt Discoveries To 1.24 Bln Barrels

Statoil Upgrades Brazil Pre-salt Discoveries To 1.24 Bln Barrels

Πεμ, 24 Μαΐου 2012 - 17:03

Statoil ASA (STO) said Thursday it and its partners had substantially upgraded estimates for the Brazilian Campos basin pre-salt oil and gas discoveries, to a total 1.24 billion barrels of oil equivalent, and the Norwegian oil giant said this also increased its optimism for its geologically similar acreage in Angola.

Gazprom May Review List Of Shtokman Participants In June

Gazprom May Review List Of Shtokman Participants In June

Τετ, 23 Μαΐου 2012 - 17:50

Russian gas giant OAO Gazprom (GAZP.RS) said Wednesday it may review the list of participants in its project to develop the Shtokman offshore gas field next month, the Prime news agency reports, citing a company official.

Nigeria Lost $4.3 Million To Oil Theft Over Last 2 Years

Nigeria Lost $4.3 Million To Oil Theft Over Last 2 Years

Τετ, 23 Μαΐου 2012 - 17:49

Nigeria has lost $4.3 million over the last two years as a result of oil theft in the Niger Delta, the Nigeria Extractive Industries Transparency Initiative said in a press statement published on its website last week.

Libyas Ex Oil-chief Ghanem Under International Warrant Days Before His Death

Libya's Ex Oil-chief Ghanem Under International Warrant Days Before His Death

Τετ, 23 Μαΐου 2012 - 17:48

Interpol issued an international request to arrest Libya's ex-oil minister Shokri Ghanem in connection with an anti-corruption investigation in his home country, days before his body was found in the River Danube in Vienna, according to a document issued by Interpol headquarters.

Eni: Middle East Refining Boom A Problem For European Refiners

Eni: Middle East Refining Boom A Problem For European Refiners

Τρι, 22 Μαΐου 2012 - 18:15

Eni SpA (E), Italy's biggest energy company by market value, said Tuesday that a refining boom in the Middle East is putting pressure on European refiners because the MidEast producers, who have lower costs, are now entering the market in Europe especially the Mediterranean.

Shell Remains Committed To Natural Gas Strategy - CEO Voser

Shell Remains Committed To Natural Gas Strategy - CEO Voser

Τρι, 22 Μαΐου 2012 - 18:15

Royal Dutch Shell PLC (RDSB) believes rising natural gas demand will underpin its future profits, even though oil pricing still accounts for 80% of its margins, its Chief Executive Peter Voser said Tuesday.

Gazprom Neft 1Q Net Profit Up 21% To RUB48.4 Billion

Gazprom Neft 1Q Net Profit Up 21% To RUB48.4 Billion

Τρι, 22 Μαΐου 2012 - 18:15

OAO Gazprom Neft (SIBN.RS), the oil unit of state gas giant OAO Gazprom (GAZP.RS), Tuesday said net profit for the first quarter totaled 48.4 billion rubles ($1.55 billion), a 21% increase from a year earlier, due to higher crude and petroleum product prices and increases in hydrocarbon production, oil refining volumes and sales through premium channels.