Keyword: oil and gas

News

Binding Bids for RWE-DEA Said to Have Been Submitted

11.03.2014 - Bidders have begun submitting binding offers for DEA, the oil and gas production unit of German energy group RWE, and a deal could be struck as early as this month, people familiar...

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European Chemical Industry Going Down the Drain, Says Ineos Chairman

10.03.2014 - Another petrochemical heavyweight has taken the stage to warn that Europe industry will lose competitiveness if it does not reduce its energy bill. In an open letter to European...

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BP Creates Independent U.S Onshore Oil & Gas Business

06.03.2014 - Oil and petrochemicals giant BP is creating a new business to manage its U.S. onshore oil and gas assets, in what the UK group hopes will allow it to compete more effectively with...

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German Chems Rail Against National Energy Policy

06.03.2014 - German heavy industry continues to turn the heat up on the federal government to alter its energy policies that companies contend promote renewables at the expense of conventional...

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Ukraine Queries Yanukovich Era Shale Gas Deals

05.03.2014 - Commercial deals concluded by the Ukraine during the presidency of Viktor Yanukovich are coming under scrutiny, with the spotlight trained especially on lucrative gas projects...

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Grangemouth Union and Ineos at Loggerheads Again

26.02.2014 - The UK's Unite trade union is once more taking legal action against Ineos, owner of the Grangemouth, Scotland, petrochemical site. Charging Ineos leaked confidential emails, the...

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Repsol Board Approves $5 Billion YPF Settlement

26.02.2014 - The supervisory board of Spanish oil and petrochemicals giant Repsol has approved a definitive $5 billion settlement from Argentina over assets seized in 2012. This draws a line...

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Ineos Secures Second U.S. Shale Gas Supply Contract

18.02.2014 - Ineos has secured a second shale gas supply contract, with Consor Energy of the U.S., to feed its European crackers in Norway, the U.K., France and Germany from 2015. The ethane...