Edition:
India

Shadia Nasralla

Chrysaor nears deal to buy Conoco's UK North Sea oil, gas assets: sources

17 Apr 2019

LONDON Private-equity backed Chrysaor is near a deal to buy U.S. group ConocoPhillips' British North Sea oilfields, two sources close to the process said, a deal that would make it the basin's biggest producer.

Shell exits Gazprom-led LNG project in Russia

10 Apr 2019

ST PETERSBURG/LONDON, Russia Royal Dutch Shell has decided to exit a Baltic liquefied natural gas (LNG) project led by Russian state gas major Gazprom on the Russian Baltic coast.

Shell pushes green credentials with "carbon neutral" driving scheme

08 Apr 2019

LONDON Dutch drivers seeking to offset their impact on the environment will soon be able to do so at Shell petrol stations with credits to support initiatives such as tree-planting projects.

Private equity Seacrest in talks to sell N.Sea oil firm Azinor -sources

27 Mar 2019

LONDON, March 27 Private equity fund Seacrest Capital is in talks to sell part or all of its British North Sea-focused oil exploration firm Azinor Catalyst, which could fetch between $60-$100 million, having received unsolicited offers for it, banking and industry sources said.

Oil firm EnQuest to focus on cutting debt as profits jump

21 Mar 2019

LONDON North Sea focused oil producer EnQuest on Thursday committed to continue efforts to cut its $1.77 billion debt this year after reporting a jump in full-year profits on the back of increased production.

UPDATE 1-Oil firm EnQuest to focus on cutting debt as profits jump

21 Mar 2019

LONDON, March 21 North Sea focused oil producer EnQuest on Thursday committed to continue efforts to cut its $1.77 billion debt this year after reporting a jump in full-year profits on the back of increased production.

Water deal crucial for Kenya oil project might slip into third quarter: Tullow

22 Feb 2019

NAIROBI A deal with local Kenyan authorities that would allow Tullow Oil to pump water to pressurise oil wells, crucial for a final green light for the country's only oil project, may be slightly delayed to the third quarter, a Tullow executive said on Friday.

Water deal crucial for Kenya oil project might slip into Q3-Tullow

22 Feb 2019

NAIROBI, Feb 22 A deal with local Kenyan authorities that would allow Tullow Oil to pump water to pressurise oil wells, crucial for a final green light for the country's only oil project, may be delayed to the third quarter, a Tullow executive said on Friday.

In squeezed oil industry, some rethink hunt for new barrels

05 Feb 2019

LONDON New partnerships are emerging in the global hunt for oil discoveries, with some explorers essentially offering an outsourcing service for the riskiest part of the energy business.

Oil major Total makes gas discovery at North Sea Glengorm prospect

29 Jan 2019

PARIS Total and partners including China's CNOOC have made a significant new gas discovery off the coast of Britain at the North Sea Glengorm prospect, with recoverable resources estimated at around 250 million barrels of oil equivalent (boe).

World News