Spain's Iberdrola plans to invest 47 billion euros ($47 billion) in its electricity networks, renewable energy production and customer businesses in 2023-2025 alongside an expected rise in profits, it said on Wednesday. Iberdrola is pushing…
Oilfield services provider Schlumberger is evaluating unspecified options for its thousands of Russian employees as the war in Ukraine escalates, Chief Executive Olivier Le Peuch told Reuters an interview.Among Western companies that did not exit following the February invasion of Ukraine…
With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1's insurers and reinsurers are grappling with how to respond to hundreds of millions of dollars in potential claims. Munich…
Top oilfield services firm SLB will raise its quarterly dividend next year by 43% and resume a share buyback program, executives said on Thursday, offering an upbeat view of energy markets. Although annual revenues have fallen every year since 2019…
Tiny amounts of gas that briefly appeared in the Russian Nord Stream 1 pipeline earlier on Wednesday, weeks after it was ruptured in the Baltic Sea, were down to a glitch in the flow metering service, the operator said. Gas flows were at 102…
Protecting Norway's gas exports to Europe against sabotage is a top priority for the country's authorities, a senior security official told Reuters, including helping oil firms protect themselves against Russian attempts to gather intelligence…
Harbour Energy on Thursday forecast liabilities from the UK's windfall tax on energy companies to be about $400 million this year, and urged the government to 'carefully consider' the consequences of any increase or extension to the scheme. The…
Ithaca Energy's London listing will be priced at 250 to 310 pence, giving the North Sea oil and gas producer an implied market value of 2.5 billion to 3.1 billion pounds ($2.87 billion to $3.56 billion), bookrunners said on Wednesday. Ithaca…
Tiny amounts of gas briefly appeared in the Russian Nord Stream 1 pipeline on Wednesday, website data showed, weeks after it was ruptured in the Baltic Sea by what investigating teams said was suspected sabotage caused by explosions. Gas flows…
Russia needs permission for its vessels to conduct investigations into explosions that damaged Nord Stream pipelines in the Baltic Sea, Deputy Prime Minister Alexander Novak said on Friday. He did not specify who should grant the permission…
Malaysia's Petronas has signed a Production Sharing Contract (PSC) with TotalEnergies, Petronas Carigali, and Shell for Block 2K, an ultra-deepwater block off the coast of Sabah, Malaysia.According to Petronas, Block SB 2K, with a depth of up to 3…
Malaysia Marine and Heavy Engineering (MMHE) has secured a contract from Shell in Malaysia for the engineering, procurement and construction (EPC) services of the offshore platform for the Rosmari-Marjoram gas project. The project is located off the coast of Sarawak…
Technip Energies TE.PA expects to fully exit the liquefied natural gas project (LNG) Arctic LNG 2 led by Moscow-listed gas producer Novatek next year, the French oil and gas services provider said on Thursday.The group, which said in March it was renouncing new business opportunities in Russia…
The Kremlin said on Thursday that several people had been arrested during a foiled attack on the TurkStream gas pipeline on Russian territory, Interfax news agency reported. Russia has said it is stepping up security on the TurkStream pipeline…
The head of QatarEnergy, who is also Qatar's energy minister, said on Monday the company wants to speed up the development of two oil wells it discovered off the Namibian coast with joint venture partners earlier this year.Saad al-Kaabi said…
Subscribe
