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BP approves investment in Egypt gas field 15 months after discovery
June 20, 2016 by admin · Leave a Comment
British oil major BP has approved investment in the first phase of developing the large Atoll gas field offshore Egypt, only 15 months after it first announced its discovery. BP, which declined to give an investment figure for the project, said the field was on track to deliver its first gas in the first half of 2018, set to pump 300 million cubic feet a day of gas to the Egyptian market. BP decided in November to fast-track the development of Atoll, estimated to contain 1.5 trillion…
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BP approves investment in Egypt gas field 15 months after discovery
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Russia’s Gazprom eyes asset swap deals with Shell, OMV by year-end
June 20, 2016 by elegant · Leave a Comment
Russia's state-controlled gas giant Gazprom could gain control over some of the assets that Shell acquired earlier this year from BG group, a senior Gazprom executive said in an interview. Gazprom's Deputy Chief…
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Russia’s Gazprom eyes asset swap deals with Shell, OMV by year-end
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Exclusive: Francisco Partners, Elliott near Dell software deal – sources
June 20, 2016 by elegant · Leave a Comment
Divesting the software assets will help Dell refocus its technology portfolio and bolster its balance sheet after it agreed in October to buy data storage company EMC Corp for $67 billion. EMC
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Exclusive: Francisco Partners, Elliott near Dell software deal – sources
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Oil rallies as fears over Brexit abate
June 20, 2016 by creative · Leave a Comment
Oil rallied on Monday, lifted by a wave of investor confidence and a weaker dollar after polls showed a diminishing chance that Britain may vote to leave the European Union later this week. Three opinion polls ahead of Thursday's vote showed the 'Remain' camp recovering some momentum, although the overall picture remained one of an evenly split electorate. Investment safe havens such as gold, the U.S. dollar, German bonds…
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Oil rallies as fears over Brexit abate
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With oil price near $50, resilient U.S. shale producers eye new chapter
June 20, 2016 by admin · Leave a Comment
Two years into the worst oil price rout in a generation, large and mid-sized U.S. independent producers are surviving and eyeing growth again as oil nears $50 a barrel, confounding OPEC and Saudi Arabia with their resiliency. To regain market share, the Organization
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With oil price near $50, resilient U.S. shale producers eye new chapter