Israeli field may supply gas to Egypt facility
Delek Drilling said it is negotiating a deal to provide seven billion cubic meters of natural gas from the offshore Leviathan gas field to British company BG's plant in Idku, Egypt, through an...
View ArticleFormer BG exec hopes to win big with small LNG
Former BG Group chief operating officer Martin Houston is now in start up mode, serving as founder and chairman of Parallax Energy, a new Houston-based company focused on developing mid-scale liquefied...
View ArticleEuropean Big Oil opens schism on climate with U.S. rivals
“It’s clear that the subject isn’t viewed in the same way on both sides of the Atlantic,” Total SA Chief Executive Officer Patrick Pouyanne, one of the signatories, said on Monday at a press conference...
View ArticleBG profit beats estimates as record output shows appeal to Shell
BG, the U.K.’s third-biggest oil company, raised its 2015 production forecast to the upper range of its guidance.
View ArticleNoble sells some of stake in project offshore Cyprus for $165 million
The company is continuing to work with the Cypriot government to finalize development plans for Aphrodite.
View ArticleShell plans to shed 2,800 jobs after buying BG Group
The losses amount to about 3 percent of the combined workforce, and come on top of Shell's previously announced plan to shed 7,500 staff and contractor positions.
View ArticleShell makes Brazil one of top three countries after BG merger
Brazil “will remain a key destination country for us for investment dollars for at least another decade,” Chief Executive Officer Ben Van Beurden told reporters in Rio de Janeiro on Monday as Shell...
View ArticleTotal seeks giant oil field with record deep well
France’s Total is weeks away from drilling one of its most important offshore exploration wells in the Americas this year as it hunts for a giant oil field in Uruguayan waters.
View ArticleShell to cut another 2,200 jobs worldwide
Royal Dutch Shell Plc will cut 2,200 more jobs, taking the tally of losses to 12,500 from 2015 to 2016 as Europe’s biggest oil producer continues to adjust to the slump in prices. At least 5,000 jobs...
View ArticleAs oil stablizes, merger deals are back
Multibillion-dollar oil and gas deals are back on the table. More than $11 billion of transactions were announced globally in July as crude’s recovery fueled hopes of a steadier market, Wood Mackenzie...
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