Production from the full five-field West Nile Delta development, the Giza-Fayoum-Raven project, is expected to represent about 30% of Egypt’s current production BP p.l.c. (ticker: BP) will bring five major upstream projects online in 2018. The projects span the globe, with assets coming up in Europe, North Africa and North America. David O’Connor, BP’s head of global projects, gave a
Current production and consumption The UK government released an industrial strategy white paper this week, giving a small hint about the future of fracing with the British Empire. The white paper revealed that the UK government is still considering shale as an industrial resource. “The emerging shale gas industry offers the prospect of creating jobs, enhancing the competitiveness of downstream
Deal will make Chrysaor one of the largest UK oil and gas producers Royal Dutch Shell (ticker: RDSA) has agreed to sell a package of UK North Sea assets to privately held UK producer Chrysaor for a total of up to $3.8 billion, including an initial consideration of $3.0 billion and a payment of up to $600 million between 2018-2021 subject
CALGARY, AB–(Marketwired – Oct 5, 2015) – Ithaca Energy Inc. (TSX: IAE) (LSE: IAE) Not for Distribution to U.S. Newswire Services or for Dissemination in the United States Ithaca Energy Inc. Third Quarter 2015 Operations Update 5 October 2015 Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) (“Ithaca” or the “Company”) provides an operations update following the end of the
Germany’s RWE utility company completes sale to Russian firm despite opposition from the U.K. government. German utility RWE AG (ticker: RWE:XETRA) closed the sale of its oil and gas unit Dea for €5.1 billion ($5.7 billion) to LetterOne Group, an investment firm headed by Mikhail Fridman, who has strong ties with Russian business. The U.K.’s Department of Energy and Climate Change (DECC)
