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Integrated Oil & Gas

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San Francisco, Oakland sue five companies ​over costs of climate change

1:15pm EDT

Sept 20 (Reuters) - City Attorney of San Francisco::San Francisco and Oakland sue Chevron, ConocoPhillips, Exxon, BP, Royal Dutch Shell​‍ ​over costs of climate change.

Abu Dhabi National Oil Co considers IPO for shipping business - Bloomberg

1:11pm EDT

Sept 20 (Reuters) - :Abu Dhabi National Oil Co considers IPO for shipping business - Bloomberg, citing people with knowledge of the project.

Ecoslops applies to French authorities for authorization to operate Marseilles project

11:36am EDT

Sept 20 (Reuters) - ECOSLOPS SA ::MARSEILLES PROJECT: ECOSLOPS APPLIES TO THE FRENCH COMPETENT AUTHORITY FOR AN AUTHORIZATION TO OPERATE.FORMAL APPLICATION TO FRENCH COMPETENT AUTHORITIES FOR AUTHORIZATION TO OPERATE OIL RESIDUE WASTE-PROCESSING UNIT AT LA MÈDE.‍TO OPERATE OIL RESIDUE WASTE-PROCESSING UNIT AT LA MÈDE, NEAR MARSEILLES IN PARTNERSHIP WITH TOTAL​.‍THIS UNIT SHOULD BE OPERATIONAL BY END OF 2018.​.

Oil major Total to buy French energy company Greenflex

Tuesday, 19 Sep 2017 03:10am EDT

Sept 19 (Reuters) - Total Sa :Total is to acquire Greenflex, a french company specialized in energy efficiency.Total says Greenflex forecasting revenues of more than €350 million in 2017 and employs 230 people.

Turcas Petrol to merge with its wholly owned unit Turcas Enerji Holding

Tuesday, 19 Sep 2017 03:03am EDT

Sept 19 (Reuters) - TURCAS PETROL AS ::SAID ON MONDAY WHOLLY OWNED UNIT TURCAS ENERJI HOLDING HAS RESOLVED TO MERGE WITH WHOLLY OWNED UNIT TURCAS YENILENEBILIR ENERJI ÜRETIM.THE MERGER WILL TAKE PLACE VIA TAKEOVER METHOD WHEREBY ALL ASSETS AND LIABILITIES OF TURCAS YENILENEBILIR ENERJI ÜRETIM SHALL BE TRANSFERRED TO TURCAS ENERJI HOLDING.TURCAS PETROL HAS ALSO RESOLVED TO MERGE WITH ITS 100% UNIT TURCAS ENERJI HOLDING VIA TAKEOVER METHOD .MERGER TRANSACTION BETWEEN TURCAS ENERJI HOLDING AND TURCAS PETROL WILL BE INITIATED AFTER THE COMPLETION OF MERGER BETWEEN TURCAS YENILENEBILIR ENERJI ÜRETIM AND TURCAS ENERJI HOLDING .

Fred. Olsen energy have no rigs employed after October-CEO

Wednesday, 13 Sep 2017 10:30am EDT

Sept 13 (Reuters) - Fred Olsen Energy ::Fred. Olsen Energy CEO Ivar Brandvold says none of its rigs will have jobs after the last contract with Statoil <<>> runs out in October."We expect more opportunities to occur in the second quarter of 2018. We expect very low activity during the winter," Brandvold told Reuters on the sidelines of an industry conference.He earlier told the conference he expected 2017 to be the worst for the company, but it has been positioning itself for the market's recovery.He said the company preferred to stack its rigs instead of marketing those at the rates that cover only operational costs.Fred. Olsen Energy has seven ultra deepwater and mid-water semi-submersible drilling rig .

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