French state-controlled power group Electricite de France SA Wednesday said that it, oil major Total SA and Belgian gas distributor Fluxys SA , will invest together a total EUR1 billion in a liquefied natural gas terminal in Dunkirk, northern France. Total holds a 10% interest in the terminal, Fluxys 25% and EDF 65%, the group [...]
Canada’s Encana Corporation agreed to buy a 30% interest in the planned Kitimat LNG export terminal and the associated natural gas pipeline, Pacific Trail Pipelines (PTP), from Apache Corp. and EOG Resources for an undisclosed amount. Apache will sell 11% of its interest, while EOG will sell 19% interest in the Kitimat LNG terminal and [...]
Royal Dutch Shell confirmed on Wednesday it had revised loading dates of Nigerian Bonny crude, following reports from traders of delays to shipments from Africa’s top exporter.
The amount of gas kept in storage in the UK is at its lowest level in five years for so early in the winter, according to National Grid.
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