Category: Europe

Shell beats estimates, takes gas writedown

Royal Dutch Shell, Europe’s biggest oil company, beat analyst second-quarter earnings estimates while pushing ahead with a restructuring program that saw it write off about $1.9 billion in U.S. gas assets.  More »

Total pledges cost cuts after record-low output hurts profit

Total is counting on new projects to increase its oil production to 2.6 million barrels a day in 2015 and to about 3 million barrels two years later.  More »

Britain reopens way for fracking

Business and Energy Minister Matthew Hancock said shale gas has the potential to increase the country’s energy supply but stressed national parks will be protected.  More »

U.S. sanctions hit Russian energy, other companies

Among the companies hit were OAO Rosneft, Russia’s largest oil company,  More »

Coming soon to a country near you: The US frac phenomenon

The United States’ monopoly on pulling oil and gas out of ultra-dense rock formations is ending, as companies aim to replicate the success in other countries, energy analysts said Tuesday.  More »

Oil demand up fastest since 2010 on China, IEA says

Global oil demand will rise at the fastest pace in five years in 2015 as China leads gains in emerging economies, the International Energy Agency said.  More »

EU’s united front on Russia falling amid gas needs

A clutch of countries is breaking ranks with the EU’s efforts to put economic and diplomatic pressure on Russia over Ukraine and building a pipeline meant to carry huge amounts of Russian gas to their doorstep  More »

Fortune Global 500 list heavy on oil

Wal-Mart took the No. 1 spot on Fortune’s Gobal 500 ranking of the world’s largest companies based on revenue, but the top of the list was sloshing with oil.  More »

Talkin’ ‘Bout Mo’ Generation

Just as I tweet my favorite articles so that I have a filing place for them (Twitter is awesome for so many reasons, don’t get me started…), I use my desktop to store all my favorite graphics. And it is way too cluttered. So in my quest to make it more minimal and zen, here […]  More »

Statoil CEO warns ballooning costs may hamper recovery goals

Surging costs for drilling and maintenance risk hampering Statoil ASA’s goal to boost the recovery rate at its Norwegian offshore oil fields to 60 percent, Chief Executive Officer Helge Lund said.  More »

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.  More »

Koch to start European power trading as it plans LNG expansion

Koch Supply & Trading will start buying and selling European electricity and expand its liquefied natural gas business to take advantage of a globalizing market for the fuel.  More »
Page 1 of 1912345...10...Last »