Companies Biogas seeing popularity growth in Europe
Generous subsidies and a drive for cleaner energy have seen biogas projects in Europe grow by 18% over the last year, but the sector is still dominated by small companies.
Companies Court case caps Russia’s year of discord
Russia’s Gazprom is unlikely to find 2016 any easier than 2015, as key disputes over supply infrastructure and gas contracts are likely to fester.
Tengizchevroil fined for damage from flaring in Kazahkstan
Joint venture company Tengizchevroil was fined nearly KZT 125 million for causing environmental damage in Kazakhstan as a result of gas flaring.
23 December 2015Russia's 2015 gas exports could be up y-o-y – Novak
Russian gas exports for 2015 could increase by 4.8% year on year to 190 billion cubic metres, Energy Minister Alexander Novak said.
23 December 2015Total fined $1.67 mln for Elgin leak
French major Total has been fined $1.67 million this week for the March 2012 gas leak from its Elgin platform.
23 December 2015Trans-Med leads drop in NA pipeline exports
North African pipeline export volumes into Europe fell by just 2% week on week in Week 51, led by an 8.9% drop in volumes via the Trans-Med pipeline from Algeria to Italy.
23 December 2015Gas Natural Fenosa to invest $1.1 bln in Chile’s network
Spain’s Gas Natural Fenosa has announced plans to invest $1.1 billion over the next decade in Chile’s gas network.
22 December 2015Asia Resources to acquire Zhongli Energy
Hong Kong-listed Asia Resources Holdings said this week it had entered into a non-binding memorandum of understanding to fully acquire Shaanxi Tiandi Zhongli Energy Development.
22 December 2015Uzbekistan keeps up GTL finance effort
Uzbekistan will continue its efforts to create a consortium to finance the construction of a GTL plant, national oil and gas company Uzbekneftegaz told Interfax.
22 December 2015Eni, Sonangol CEOs meet to discuss Lobito upgrade
Francisco de Lemos José Maria, chairman of Angolan state oil company Sonangol, and Eni’s Chief Executive Claudio Descalzi met to discuss the upgrade of the Lobito refinery.
21 December 2015Gazprom Neft-Kazakhstan plans to boost market share
Gazprom Neft-Kazakhstan plans to increase its market share from 8% to 9% in 2016, General Director Marat Malatayev told journalists at Interfax’s Kazakhstan press centre in Almaty.
21 December 2015Gazprom pulls out of Overgas JV
Gazprom is withdrawing from the Overgas 50/50 joint venture it owns with Bulgarian Overgas Holding, Bulgaria’s Capital Daily has reported.
21 December 2015Shell confident on closing BG merger next year
Shell plans to close its merger with BG Group in early 2016 "following satisfaction of the final pre-condition to the recommended combination and with the unanimous approval of both boards", as well as approval by the UK Listing Authority.
21 December 2015Encana slashes 2016 budget by 25%
Canadian gas producer Encana has slashed its 2016 capital spending plan by 25%.
18 December 2015Guneshli oil well fire kills seven, 23 missing
An oil well fire on the Guneshli N10 platform in the Caspian Sea has been extinguished, while the search for 23 missing people continues.
18 December 2015Fluxys buys Gazprom’s Interconnector UK stake
Fluxys closed a deal on Thursday to buy Gazprom’s 10% stake in Interconnector UK, the owner and operator of the underwater pipeline between the UK and Belgium.
18 December 2015Finland buys Gasum stake from Gazprom
Finland has agreed to buy a 25% stake in Gasum from Gazprom for €251.3 million, the Finnish government said in a statement.
18 December 2015DEA closes E.On asset deal
DEA Deutsche Erdoel, which is owned by LetterOne, has closed its deal to buy 100% of the shares of E.On’s Norwegian oil and gas business E.On E&P; Norge.
17 December 2015China provides funding for Yamal LNG
China’s Silk Road Fund (SRF) has provided €700 million ($759 million) for the $27 billion Yamal LNG project, Novatek Chief Executive Leonid Mikhelson told reporters.
17 December 2015Halliburton and Baker Hughes extend merger deadline
Halliburton and Baker Hughes have announced a four-month extension to the deadline for closing their proposed $35 billion merger.
16 December 2015OMV prepares for Gazprom asset swap
Austria’s OMV has begun transferring its refining and distribution assets into a separate corporation for an asset swap with Gazprom.
16 December 2015CNOOC joins pipeline gas traders on the SHPGX
Ex-works LNG prices from Chinese plants fell by 2.21% last week, dragged down by surplus inventories.
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