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Integrated Oil & Gas

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Chinese Energy terminates letter of intent in relation to possible acquisition

Friday, 9 Dec 2016 07:06am EST

Chinese Energy Holdings <8009.HK> : Purchaser and vendor entered into an agreement of termination . Termination of would have no material adverse impact on financial and operational position of group as a whole .Letter of intent was terminated with effect on 9 Dec and refundable deposit of HK$50 million will be refunded to purchaser.

Cenovus says targeting C$1.3 billion for 2017 capital budget

Thursday, 8 Dec 2016 11:56am EST

Cenovus Energy Inc :Says targeting C$1.3 billion for its 2017 capital budget.

Petrochina says Zhao Dong resigns from CFO

Wednesday, 7 Dec 2016 01:00am EST

Petrochina <601857.SS>:Says Zhao Dong resigned from CFO on Dec. 6.

PetroChina announces resignation of CFO

Tuesday, 6 Dec 2016 04:36am EST

PetroChina Co Ltd <0857.HK>:Zhao Dong has tendered his resignation and ceased to hold position of chief financial officer.

Statoil begun drilling production wells on UK Mariner field

Friday, 2 Dec 2016 06:03am EST

Statoil Asa : Says production drilling started on Mariner . Up to five wells will be drilled before Mariner A platform hook-up and commissioning activity starts next summer . First oil is expected to be produced from Mariner in 2018 . Mariner field is located on east Shetland platform of UK north sea, approximately 95 miles or 150 kilometres east of Shetland isles . The heavy oil field has reserves estimated at more than 250 million barrels of oil with an average plateau production of around 55,000 barrels per day .Statoil (U.K.) Limited is the operator of Mariner with 65.11% equity. Co-venturers are J.X. Nippon Exploration & Production (UK) Limited (20 %), Siccar Point Energy (8.89%) and Dyas Mariner Limited (6%).

Engie and Statoil reach agreement on renegotiation of their long-term gas supply contracts

Friday, 2 Dec 2016 03:27am EST

Engie Sa : France's Engie and Norwegia's Statoil have reached an agreement on renegotiation of their long-term gas supply contracts . Engie says agreement consists in a modernization of historical contracts to adapt them to the evolution of European natural gas markets . Engie says gas supply contracts with Statoil represent a total volume of 7.5 billion cubic meters per year or about 20 percent of the company's portfolio of long-term gas contracts that can supply France. Further company coverage: [ENGIE.PA] (Reporting by Mathieu Rosemain) ((Mathieu.Rosemain@thomsonreuters.com;)).

Rosneft says Moscow bourse registers its rouble bond programme

Friday, 2 Dec 2016 02:16am EST

Nk Rosneft' Pao : Russia's Rosneft says the Moscow bourse registers its rouble bond programme worth 1.07 trillion roubles ($16.71 billion) . Rosneft, which is preparing to buy 19.5 percent of its own shares from the state in a share buyback, said earlier this month that the money raised from the bonds might be used for overseas projects, new upstream business and planned refinancing. [nL8N1DP24B] Further company coverage: [ROSN.MM] ($1 = 64.0373 roubles) (Reporting by Christian Lowe) ((christian.lowe@thomsonreuters.com;)).

Eni confirms fire at Sannazzaro refinery, noone hurt

Thursday, 1 Dec 2016 11:50am EST

Eni says: fire broke out in the east plant of Sannazzaro refinery in Italy . fire at Sannazzaro refinery currently being extinguished, no damage to people registered . the causes of the fire are being determined Further company coverage: [ENI.MI] (Reporting by Milan newsroom).

Eni expects production to grow at least 4 pct next year -CEO

Thursday, 1 Dec 2016 11:45am EST

Eni CEO Claudio Descalzi told journalists on the sidelines of an event in Rome: expects production growth of 4 percent, maybe more, next year Further company coverage: [ENI.MI] (Reporting by Milan newsroom).

CCI approves acquisition of shares in Essar Oil by Rosneft, others

Thursday, 1 Dec 2016 07:00am EST

Competition Commission of India: Approves acquisition of shares in Essar Oil Limited by Rosneft, Trafigura Group Pte and United Capital Partners Further company coverage: [ESRO.CL] ((Bangalore.newsroom@thomsonreuters.com;)).

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