Exxon plans a 1 billion dollars investment in a Belgian refinery
ExxonMobil will invest over 1 billion dollars in the installation of a delayed coker unit at its refinery in Antwerp,…
OMV sold its stake in Bayernoil refineries
OMV has closed the sale of its 45% stake in the German Bayernoil refinery network, another step in its downstream…
Gazprom warns restrictions if EU sells gas back to Ukraine
Gazprom head Alexei Miller said Friday that the state-owned gas giant could retaliate against European countries if they were to…
Lukoil to Build $30 Billion Cash Pot After Debt Freeze
At Russia’s largest private-sector oil company, the Ukraine crisis is forcing a change of strategy. Lukoil will cut spending to…
NAMR reconfirms the bidding round for 36 new oil blocks, most of them onshore
National Agency for Mineral Resources (NAMR) will make available for auction in the next period 36 new oil blocks, including…
Christoph Frei, CME: Europe must come to terms with Russia
Europe and Russia should cooperate in the energy field because one without the other will be weaker in this market,…
OMV and Gazprom “lay the pipe” for South Stream
Gazprom’s Chairman, Alexei Miller, and his counterpart from OMV, Gerhard Roiss, signed Tuesday the agreement to establish a joint company…
Norges Bank could invest more in Romanian energy shares
Norway’s private investment fund manager, the largest sovereign wealth fund in the world, with 890 billion worth of assets, will…
Karimov, SOCAR: We are still interested in Oltchim
Azeri state oil company SOCAR is still interested in taking over the petrochemical plant Oltchim and analyzes this opportunity, said…
Russia’s Gazprom says gas flows to Europe via Ukraine stable
Russian gas flows to Europe via Ukraine were stable on Monday amid pricing standoff between Moscow and Kiev, Russian gas…
Jonas Puck (WU Executive Academy): There is expansion across all types of energy
Framing energy as a lever for positive growth and change within the business and not simply a cost is a…