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Eni CEO says Turkish blockade of vessel off Cyprus "not under our control"

Friday, 16 Feb 2018 07:00am EST

Feb 16 (Reuters) - Eni::ASKED ABOUT TURKISH BLOCKADE OF DRILLING VESSEL, CEO SAYS CYPRUS BLOCK 3 WELL IS IN EXCLUSIVE ECONOMIC ZONE, HAS OTHER WELLS IN THE AREA AND HAS NOT HAD PROBLEMS.CEO SAYS SITUATION REGARDING CYPRUS SHIP BLOCKADE "IS NOT UNDER OUR CONTROL".CFO SAYS POTENTIAL NEAR-TERM DISPOSALS COULD INVOLVE FIELDS IN MEXICO, INDONESIA, OTHER AREAS.CFO SAYS HAS COMPLETED SELL DOWN OF STAKES IN ZOHR, A SALE OF A FURTHER 10 PERCENT IN THE FIELD WOULD BE OPPORTUNISTIC WITH A VIEW TO SWAPPING IT FOR OTHER ASSETS.CEO SAYS OUTSTANDING ARREARS IT IS OWED BY VENEZUELA IS AROUND 600 MILLION EUROS.

Oronova Energy Appoints David Farrell As CEO

Thursday, 15 Feb 2018 09:00am EST

Feb 15 (Reuters) - Oronova Energy Inc ::ORONOVA ENERGY INC. ANNOUNCES CORPORATE UPDATE.ORONOVA ENERGY INC - BOARD OF DIRECTORS HAVE APPOINTED DAVID FARRELL AS CEO AND JOANNA VASTARDIS AS CFO.ORONOVA ENERGY INC - RALPH GILLCRIST, JEFFREY SCOTT, NICK KIRTON AND FRANK GIUSTRA HAVE RESIGNED FROM BOARD.

Cenovus Reports Qtrly Earnings Per Share $0.50

Thursday, 15 Feb 2018 06:00am EST

Feb 15 (Reuters) - Cenovus Energy Inc ::CENOVUS REPORTS SOLID 2017 RESULTS.CENOVUS ENERGY INC - QTRLY EARNINGS PER SHARE $0.50.CENOVUS ENERGY INC - QTRLY ADJUSTED FUNDS FLOW PER DILUTED SHARE $0.70.CENOVUS ENERGY INC - QTRLY OPERATING LOSS PER SHARE $0.42.CENOVUS ENERGY INC - QTRLY TOTAL OIL AND LIQUIDS 422,157 BBLS/D VERSUS 219,551 BBLS/D‍​.CENOVUS ENERGY INC - CO BENEFITED FROM HIGHER AVERAGE FULL-YEAR BENCHMARK COMMODITY PRICES AND STRONGER REFINING OPERATING MARGIN.CENOVUS ENERGY INC - QTRLY TOTAL NATURAL GAS 795 MMCF/D VERSUS 379 MMCF/D.CENOVUS ENERGY INC - PAYING DOWN DEBT AND REDUCING COSTS REMAIN PRIORITIES FOR CENOVUS.CENOVUS ENERGY - COMBINED PRODUCTION AT CO'S CHRISTINA LAKE AND FOSTER CREEK OIL SANDS OPERATIONS WAS 292,479 NET BBLS/D IN 2017, UP 95%.CENOVUS - ON TRACK TO MEET ACCELERATED GOAL OF ACHIEVING AT LEAST $1 BILLION IN CUMULATIVE CAPITAL, OPERATING AND G&A COST REDUCTIONS OVER TWO YEARS.

Russia's Lukoil says oil output down to 87.4 mln T in 2017

Thursday, 15 Feb 2018 04:08am EST

Feb 15 (Reuters) - Russia's Lukoil says::Oil production declined to 87.41 million tonnes in 2017 from 91.99 million tonnes in 2016;.In 2017, hydrocarbon production increased by 2.4 percent year-on-year to 2.234 million barrels of oil equivalent (boe) per day.Hydrocarbon production excluding West Qurna-2 project in the fourth quarter of 2017 increased by 2.9 percent quarter-on-quarter to 2,284 thousand boe per day. The increase was driven by the development of gas projects.In the fourth quarter of 2017, the LUKOIL Group's gas production increased by 12.5 percent quarter-on-quarter to 8.2 billion cubic meters.In 2017 gas production increased by 15.7 percent year-on-year to 28.8 billion cubic meters.Refinery throughput in the fourth quarter of 2017 was practically flat quarter-on-quarter and amounted to 17.3 million tonnes. Refinery throughput in 2017 increased by 1.8 percent year-on-year to 67.2 million tons..

Statoil says floating wind farm off Scotland performed better than expected

Thursday, 15 Feb 2018 02:15am EST

Feb 15 (Reuters) - Statoil Asa ::STATOIL: WORLD CLASS PERFORMANCE BY WORLD’S FIRST FLOATING WIND FARM.‍HYWIND SCOTLAND, WORLD'S FIRST FLOATING WIND FARM, PERFORMED BETTER THAN EXPECTED IN ITS FIRST 3 FULL MONTHS IN PRODUCTION​.‍30MW WIND FARM, OPERATED BY STATOIL IN PARTNERSHIP WITH MASDAR, IS LOCATED 25 KILOMETERS OFFSHORE PETERHEAD IN ABERDEENSHIRE, SCOTLAND, AND IS POWERING APPROXIMATELY 20,000 UK HOUSEHOLDS​.STATOIL - ‍DURING WINTER, WHEN WIND IS AT ITS STRONGEST, TYPICAL CAPACITY FACTOR FOR AN BOTTOM FIXED OFFSHORE WIND FARM IS 45-60%. BY COMPARISON, HYWIND SCOTLAND ACHIEVED AN AVERAGE OF APPROXIMATELY 65% DURING NOVEMBER, DECEMBER AND JANUARY​.

Inspire Says Entered A Multi-Year Strategic Relationship With Shell Energy North America

Wednesday, 14 Feb 2018 09:33am EST

Feb 14 (Reuters) - Inspire::INSPIRE, A CONSUMER TECHNOLOGY CO, SAYS IT HAS ENTERED INTO A MULTI-YEAR STRATEGIC RELATIONSHIP WITH SHELL ENERGY NORTH AMERICA.INSPIRE SAYS UNDER ARRANGEMENT, SHELL WILL PROVIDE INSPIRE WITH A RANGE OF SERVICES, INCLUDING A CREDIT LINE FOR TRADING & A REVOLVING CREDIT FACILITY.

NGK Slavneft FY 2017 Profit For Period Down At RUB 12.03 Billion

Monday, 12 Feb 2018 10:58am EST

Feb 12 (Reuters) - NGK Slavneft ::FY 2017 PROFIT FOR PERIOD RUB 12.03 BILLION VERSUS RUB 17.24 BILLION YEAR AGO.FY 2017 REVENUE RUB 241.25 BILLION VERSUS RUB 214.51 BILLION YEAR AGO.

Eni enters in Lebanon with 2 exploration and production contracts

Friday, 9 Feb 2018 10:11am EST

Feb 9 (Reuters) - Eni says::HAS SIGNED TWO EXPLORATION AND PRODUCTION AGREEMENTS (EPA) WITH REPUBLIC OF LEBANON COVERING BLOCKS 4 AND 9, LOCATED IN DEEP WATERS OFFSHORE LEBANON.

Total CEO says still has some portfolio "clean up" to do

Thursday, 8 Feb 2018 07:40am EST

Feb 8 (Reuters) - Total Sa ::TOTAL'S CEO PATRICK POUYANNE SAYS STILL HAS SOME "CLEAN UP" TO DO IN ITS PORTFOLIO, WILL SELL WHEN THE PRICE IS RIGHT..POUYANNE SAYS HAS SOME TARGETED HIGH COST ASSETS TO SELL AND THE COMPANY WAS DETERMINED TO SELL THEM..

Total says Saft battery unit moving into energy storage and mobility

Thursday, 8 Feb 2018 06:53am EST

Feb 8 (Reuters) - Total Sa ::TOTAL CEO SAYS SAFT BATTERY UNIT MOVING INTO ENERGY STORAGE AND MOBILITY..SAYS NO REGRETS IN INVESTING $1 BILLION IN THE BUSINESS GIVEN EVOLUTION OF BATTERY SECTOR..TOTAL BOUGHT THE HIGH-END INDUSTRIAL BATTERY MAKER IN 2016 FOR $1 BILLION. .

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