Integrated Oil & Gas

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Statoil keeps 2015 production and exploration guidance and declares Q2 dividend

Tuesday, 28 Jul 2015 01:16am EDT

Statoil ASA:Keeps production and exploration guidance but lowers outlook for capital spending to $17.5 billion from $18 billion this year.Will pay a quarterly dividend of 1.80 crowns, flat from the previous quarter, keeping with its promise to maintain the dividend at this level for the first three quarters of 2015.

Offer for BG Group plc by Royal Dutch Shell PLC receives Brazil competition authority approval

Monday, 27 Jul 2015 02:00am EDT

BG Group plc:Confirms that recommended cash and share offer for the company to be made by Royal Dutch Shell PLC has received unconditional merger clearance from Brazilian competition authority (CADE).Says unconditional clearance follows CADE's initial approval of combination on July 8, and expiry of 15 day period during which CADE's decision could be appealed.

BASF SE confirms FY 2015 outlook

Friday, 24 Jul 2015 01:00am EDT

BASF SE:Confirms forecast of slightly higher sales and flat adjusted EBIT in FY 2015.

Petroleo Brasileiro Petrobras SA union begins 24-hour strike against asset sales, oil bill - Reuters

Thursday, 23 Jul 2015 11:14pm EDT

Petroleo Brasileiro Petrobras SA:Says Brazilian oil workers began a 24-hour strike on July 24 in an effort to stop moves to shrink state-run oil - Reuters.The strike, led by FUP, the country's largest federation of oil workers called for refinery, oil platform and other employees to walk off their jobs at Petrobras at midnight July 23 (0300 GMT).The union is fighting plans by Petrobras to sell $15.1 bln of assets by the end of 2016.

ClearBridge Energy MLP Opportunity Fund Inc announces new chairman, CEO and president - Form 8-K

Wednesday, 22 Jul 2015 01:44pm EDT

ClearBridge Energy MLP Opportunity Fund Inc:Announced resignation of Kenneth D. Fuller as chairman, chief executive officer and president effective July 31.Announced appointment of Jane Trust as chairman, chief executive officer and president effective August 1.

ANK Bashneft' OAO sells oil products for up to 40.66 billion roubles

Wednesday, 22 Jul 2015 09:38am EDT

ANK Bashneft' OAO:Says signed an agreement with SOMITENKO LTD for supply of oil products for up to 40.66 billion roubles.

NK Rosneft' OAO to get 30% stake in helicopter JV with Finmeccanica, Rostec

Sunday, 19 Jul 2015 08:00pm EDT

NK Rosneft' OAO:Says will receive a 30 pct stake in a helicopter joint venture with Finmeccanica S.p.A. and the Rostec corporation.The companies signed an agreement to reorganize the Helivert joint venture between Helivert, owned by Finmeccanica subsidiary AgustaWestland S.p.A., and Rostec's subsidiary Vertolety Rossii.The changes will give Rosneft a stake in the joint venture and the stakes held by other partners will change. AgustaWestland will own 40% (currently owns 50%), Vertolety Rossii -30% (50%) and Rosneft - 30%.Additionally, Rosneft and AgustaWestland signed an agreement for the delivery of 10 AW189 helicopters to the Russian company before the year 2017. The first deliveries are planned for 2015.

Petroleo Brasileiro Petrobras SA settles tax disputes with Brazilian authorities for 1.6 billion reais

Friday, 17 Jul 2015 07:37am EDT

Petroleo Brasileiro Petrobras SA:Says that, due to a tax dispute, it has agreed to pay 1.6 billion Brazilian reais to Brazilian Federal Authorities, referring to a case that happened in 2008 and started to be disputed in 2012.Payment to be done includes back taxes of 1.2 billion reais plus fiscal losses of 400 million reais.


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