Plexus Holdings narrows losses to £2.3million
Depreciation costs, corporation tax and discontinued operations have led to heavy losses for Aberdeen-based Plexus Holdings.
Gazprom
Plexus partner seals Gazprom drilling deal
Aberdeen-based oil well technology firm Plexus Holdings said today that its Russian licensee had clinched its first major contract to supply gas exploration equipment to Gazprom.
Russia looks to hydrogen as way to make gas greener for Europe
Russia is looking at how to develop a market for hydrogen in Europe, a move that would help maintain demand for one of its primary exports as governments everywhere work to cut pollution.
Gazprom buys well abandonment systems from Aberdeen firm
Aberdeen oilfield technology firm Plexus has sold two sets of well abandonment equipment to its Russian partner for the construction of shallow water exploration gas wells on the Kara Sea Shelf.
Naftogaz says London court froze Gazprom’s UK assets
Ukraine and Russia have clashed again, with Naftogaz serving Gazprom with an order to freeze assets in England and Wales.
As Trump riles Europe on trade, Putin offers more natural gas
As Donald Trump’s trade policy risks worsening economic conflict with the European Union, Russia’s Vladimir Putin is strengthening ties with the region.
Gazprom profit jump keeps markets guessing about dividend hike
Gazprom PJSC’s profit jumped to the highest in three years as natural gas sales to Europe surged.
Russia tightens grip on Europe’s gas supply with Gazprom deal
Russia’s natural gas export monopoly is set to expand its position as the dominant fuel supplier to Europe after a deal between the two resolved a seven-year-old anti-trust dispute.
UK ‘turning blind eye’ to Putin’s ‘dirty money’, MPs warn
Ministers have been accused by MPs of risking national security by "turning a blind eye" to the Russian "dirty money" flowing through the City of London.
Denmark kicks out big oil and gas firms
35 of the world’s biggest oil and gas firms were given their walking papers yesterday as the Danish pension, PKA, exerted its influence.
Amid rise of Russian and Chinese reactors, Perry fights to keep U.S. nuclear sector alive
Russia and its nuclear power company, Rosatom, have inked deals this year to develop nuclear plants in Bangladesh, Argentina, Congo and Mongolia. China is working on projects in the United Kingdom and Pakistan. South Korea, Japan and France also are seeking to export nuclear power technology to developing nations hungry for energy.
Gas crisis eases in U.K. as National Grid says more supplies flowing
The natural gas crisis eased in the U.K. as the nation’s pipeline manager said more supplies were flowing after a blast of Arctic air lifted demand for heating and electricity.
Chief who built Gazprom’s trading empire leaves
The executive who spent more than a decade turning a Gazprom PJSC unit into a global energy trader has left the company.
Gazprom says Austria gas blast isn’t a reason to pick on Russia
Europe shouldn’t overreact to the shock to natural gas markets caused by an explosion earlier this month in Austria, according to Gazprom PJSC.
Russia begins production on second liquefied natural gas plant
Russia today began production from the Yamal LNG project, the country's second liquefied natural gas (LNG) plant.
Adipec 2017: Abu Dhabi welcomes oil glitterati to bumper event
A host of oil and gas business leaders are lined up to attend at the 20th and largest edition of the Adipec conference, which gets under way in Abu Dhabi tomorrow.
Gazprom and Delek confirm agreement for Israel natural gas
Gazprom and Delek Drilling today signed a Memorandum of Understanding for the Israeli natural gas market.
Gazprom knocks ExxonMobil off top spot in S&P’s annual rankings
Russian oil giant Gazprom has replaced ExxonMobil at the summit of S&P Global Platts’ top 250 global energy company rankings.
Gazprom dampens hopes for dividend boost as ruble hurts profits
Gazprom PJSC’s profit slumped in the last quarter, cooling the prospect of an increased dividend from the world’s largest natural gas producer.
Oil majors among top contributors to greenhouse emissions, report says
Oil and gas supermajors and the national coal industries of three of the world's biggest countries are among the top contributors to climate change, according to a new report.
Gazprom smells opportunity as UK’s biggest gas store shuts
Gazprom PJSC is in talks to ramp up natural gas sales in the UK as coal plants are shuttered and the nation’s biggest storage site is closed for good.
Belarus settles gas debt with Gazprom
Belarus has settled its $726million debt for gas supplied by Gazprom in 2016-17, the Russian energy giant said.
Pioneering Spirit booked in for Nord Stream 2 pipelay job
Nord Stream 2 has booked three Allseas vessels for a major pipelay job in the Baltic Sea.
Russian giant Gazprom moves to quell Brexit relocation fears
Russia’s state-owned energy giant Gazprom has moved to quash speculation it is looking to relocate its London operations due to fears over trade barriers after Brexit.
Opinion: The secret wealth of the world’s richest oil billionaires
A policy of nationalizing chunks of an economy inevitably creates oligarchs who skim profits off the country's natural resources.