INEOS buys majority stakes in two UK gas licenses

November 22, 2017 0

UK-based petrochemical group INEOS announced on Tuesday a farm-in agreement with Siccar Point Energy purchasing majority stakes at two exploration licenses in the Northern Gas Fields West of Shetland cluster, Kallanish Energy reports.

[…]

BP, Serica announce $397 million deal in North Sea

November 22, 2017 0

British oil major BP announced on Tuesday it’s selling a package of its interests in the Bruce assets in the North Sea to London-based Serica Energy for a total of £300 million ($397.3 million), Kallanish Energy reports.

[…]

MMK, Gazprom ink 10-year gas supply deal

November 21, 2017 0

Russia’s largest steelmaker in terms of market share, MMK, said on Monday it has signed a long-term natural gas supply deal with Gazprom worth 40.41 billion roubles ($679.85 million), Kallanish Energy learns.

[…]

Spanish natgas demand hits six-year high

November 21, 2017 0

Natural gas continues to play a key role in guaranteeing electricity supply in Spain, the country’s grid operator Enagas, said last week when gas demand hit a six-year record high, Kallanish Energy reports.

[…]

Portugal to phase out coal-fired power by 2030

November 21, 2017 0

Portugal has confirmed it will close its two remaining coal-fired power plants before 2030, phasing out electricity generation from the so-called dirty fossil fuel, as the country joins the UK and Canada in a bid to spread international action against carbon emissions.

[…]

1 2 3 131