Oil and Gas Industry Latest news

21.11.2013 Mobius Sells Russia’s RN Holding, Newspaper Says

The largest minority shareholder of RN Holding, owned by Russian oil major Rosneft, Templeton Emerging Markets Group, has sold about 5% for an undisclosed sum to stop the struggle with Rosneft for a better buyout price, Templeton’s Chairman Mark Mobius told Vedomosti bus

21.11.2013 Construction of South Stream in Serbia to Start Soon, Gazprom Says

The Gazprom headquarters hosted on November 20 a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Slavenko Terzic, Plenipotentiary Ambassador of the Republic of Serbia in the Russian Federation, Gazprom’s press service has said.

21.11.2013 Devon Buys Eagle Ford Assets from GeoSouthern Energy

Devon Energy Corporation (NYSE:DVN) announced on November 20 it has reached a definitive agreement to acquire GeoSouthern Energy’s assets in the Eagle Ford oil play for $6 billion in cash.

21.11.2013 Eni Sells Stake in Arctic Russia to Russia’s Yamal Development

On November 20 in Moscow Eni signed an agreement to sell its 60% stake in Arctic Russia to Yamal Development, a joint venture equally owned by Novatek and GazpromNeft, Eni’s press service has said.

21.11.2013 BG Produces First Gas from UK Jasmine Field

BG Group on November 20 announced first gas production from the Jasmine field in the UK North Sea, in which the company has a 30.5% interest. The successful start-up of the field marks the delivery of another of the Group's key milestones for 2013.

21.11.2013 Turkmenistan to Deliver Hydrocarbons to More Countries

Turkmenistan plans to expand the geography of its supplies in the foreseeable future, Minister of the Oil and Gas Industry and Mineral Resources of Turkmenistan Muhammetnur Halylov said at the Turkmenistan Oil and Gas Conference held in Ashgabat on Nov 19-21, Trend repor

21.11.2013 Ukrainian Oil Processing Soars 42% in October

Ukrainian oil refineries boosted oil processing by 42.1% in October against September, the news agency Ukrinform reported on November 20, citing the Cabinet’s press office.

21.11.2013 Ukraine’s Naftogaz, Gazprom Heads Discuss Debt, Gas Purchases

On November 20, Moscow hosted a working meeting between Chairman of the Board of JSC Gazprom Alexei Miller and NJSC Naftogaz of Ukraine CEO Yevhen Bakulin, where the sides discussed the resumption of purchases of Russian gas by Ukraine, as well as the possibility of exte

21.11.2013 Exxon Mobil продает свои энергоактивы в Китае

Американская нефтяная компания Exxon Mobil Corp продает свои энергетические активы в Гонконге.

Как сообщает Прайм, речь идет о продаже мажоритарной доли Exxon Mobil в одном из главных поставщиков электроэнергии Гонконга — Castle Peak Power Co.

20.11.2013 Nigerian Senate Approves Exploration Plans for North

In a unanimous decision, the Senate on November 19 endorsed a bill seeking to encourage the Federal Government to invest resources in the exploration of petroleum products in the Northern parts of Nigeria, the local newspaper Guardian has reported.