Keyword: Wintershall

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BASF in Talks on Oil and Gas Merger

27.11.2017 - BASF has confirmed it is in discussions with Letter One (L1), a consortium of Russian investors based in Luxembourg and led by Russian billionaire Mikhail Fridman, about a merger...

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US Gas out of Favor With Germans

02.08.2017 - Following up on comments by BASF chief Kurt Bock last week, questioning the motivation for extended US sanctions against Russia and the participation of Western companies in...

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Tighter US Sanctions on Russia Could Hurt Europe

31.07.2017 - The proposed US tightening of economic sanctions against Russia is making waves not only at home but also in Europe. A bill passed by the House of Representatives last week, which...

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Hyundai Engineering Wins Iranian Petchems Contract

15.03.2017 - South Korean construction group Hyundai Engineering has signed a contract worth around $3 billion with Ahdaf Investment Company to build the second phase of the Kangan Petro...

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BASF-Gazprom Swap Has Cash Component

20.01.2016 - The gas asset swap between BASF oil and gas subsidiary Wintershall and Russian gas giant Gazprom will include a cash component previously undisclosed, according to a report by the...

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BASF and Gazprom to Complete Asset Swap This Year

08.09.2015 - The asset swap BASF and Gazprom first announced in 2012 is now set to be completed by the end of 2015, a year behind the initial schedule. The deal approved by the European...

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Wintershall and Gazprom to Expand Nordstream

03.08.2015 - Wintershall, the oil and gas subsidiary BASF, and Russian gas conglomerate Gazprom have signed a Memorandum of Understanding (MOU) to expand capacity of the Nord Stream pipeline...

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Wintershall Pulling out of Qatar Gas Exploration

22.05.2015 - BASF's oil and gas subsidiary Wintershall is pulling out of its gas exploration activities in Qatar. The company said it is returning Block 4 North near the North Field off the...