Polish state-run oil and gas company PGNiG said Thursday there’s more liquefied natural gas (LNG) in the pipeline, not literally, with a spot LNG delivery expected to arrive at the Polish Swinoujscie terminal in July.
Petrochemical giant INEOS said on Wednesday it will purchase all the assets owned by Danish DONG Energy in the North Sea in a $1.3 billion deal which includes three oil and gas fields in Denmark, Norway and UK waters, Kallanish Energy reports.
Netherlands gas producer NAM, a 50-50% joint ventured between Shell and Exxon Mobil, said Wednesday it is mulling appealing against a Dutch government plan to cut production at the Groningen gas field by a further 10%, Kallanish Energy reports.
U.S. conglomerate General Electric said on Monday that the European Commission is investigating its €1.5 billion ($1.7 billion) merger of Danish turbine manufacturer LM Wind Power over a potential misleading information provided during the merger review.
Norway’s oil company, Statoil, said Monday it expects to invest up to roughly $240 million by 2020 in digitalization aimed at efficiency, security and safety of its operations, while targeting to become a global digital leader.
Royal Dutch Shell’s shareholders broadly voted on Tuesday against a proposal by an environmental group demanding the company sets and publishes annual targets to reduce carbon emissions, Kallanish Energy learns.
After months of negotiations, Polish state-run utility PGE will to pay French energy group EDF some PLN 4.5 billion ($1.20 billion) for EDF assets in Poland, which includes eight combined heat and power (CHP) plants and the Rybnik power station, Kallanish Energy reports.
French state-controlled utility firm EDF is “secretly planning” to extend the lifespan of 58 nuclear reactors in France by 10 to 20 years, pushing back the country’s energy mix targets, local BFM television reported on Monday.