Posted on November 3, 2014 at 1:57 pm by Joshua Cain in
Arctic,
Europe,
Offshore |
The Norwegian oil conglomerate estimates the field could generate as much as 650,000 barrels of oil per day.
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Posted on October 30, 2014 at 7:20 am by Ryan Holeywell in
Europe,
Finance/Earnings |
European oil giant Royal Dutch Shell saw its profits slide 4.6 percent in the third quarter as it began to feel the dip in crude oil prices.
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Posted on October 29, 2014 at 11:15 am by Bloomberg in
Corporate governance,
Crude oil,
Europe |
Statoil ASA, Norway’s biggest energy company, reported its first quarterly loss since listing in 2001 after writing down the value of an oil-sands project in Canada and struggling with plunging crude prices.
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Posted on October 29, 2014 at 7:19 am by Bloomberg in
Corporate governance,
Europe |
Patrick Pouyanne, who was named to succeed de Margerie last week, plans to “hit the road” to visit contacts in the oil industry and in several resource-rich countries
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Posted on October 28, 2014 at 7:25 am by Collin Eaton in
Crude oil,
Europe,
featured,
Finance/Earnings |
The Big Oil industry’s prized projects won’t face major cuts unless oil prices fall below $70 a barrel, BP’s chief financial officer told investors on Tuesday.
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Posted on October 27, 2014 at 4:50 pm by Associated Press in
Europe |
Total Chief Executive Christophe de Margerie’s cherubic demeanor made him known and appreciated by many French.
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Posted on October 24, 2014 at 7:08 am by Associated Press in
Environment,
Europe,
Politics/Policy |
The decision makes the EU the first major economy to set post-2020 emissions targets ahead of a global climate pact that is supposed to be adopted next year in Paris.
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Posted on October 23, 2014 at 1:10 pm by Associated Press in
Coal,
Europe,
Politics/Policy
Poland says that EU’s proposed pace for increasing reliance on renewable energy sources is too fast for Eastern European countries that are trying to grow their economies as they restructure old, energy-dependent industries.
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Barely 36 hours after de Margerie’s death, Total’s board chose its new leader at a board meeting Wednesday.
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Posted on October 22, 2014 at 6:20 am by Bloomberg in
Accidents,
Corporate governance,
Europe,
People
Pouyanne will have to see through a round of cost cuts as lower oil prices and weak returns from refining eat into profit at France’s largest company by sales.
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Posted on October 21, 2014 at 6:56 pm by Joshua Cain in
Accidents,
Europe
Total SA moved its emergency board meeting from Tuesday to Wednesday, when it will likely choose a successor to Christophe de Margerie, who died in a plane crash Tuesday night.
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Posted on October 21, 2014 at 11:59 am by Joshua Cain in
Accidents,
Europe
Total SA CEO Christophe de Margerie died in a plane crash in Moscow on Tuesday when his private plane struck a snow plow, whose driver Russian investigators say as drunk at the time of the accident.
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