RWE AG is struggling to find potential buyers for Dea Oil according to people who are familiar with the matter.
Energy
Chevron Phillips Chemical Set To Expand To The Middle East
Chevron Phillips is planning a growth program in the Middle East. (Photo : Reuters)The image is the corporate logo of Chevron Phillips. The petrochemical joint venture between US oil firm Cheveron Corp and oil refiner Philips 66, Chevron Phillips Chemical Co, is now exploring ways to increase its presence in the Middle East.
Rio Tinto's Dunkirk Plant Preparing for Efficiency
Rio Tinto's agreement with EDF for its electricity is due on 2016, requiring the mining giant to seek options to improve efficiency and negotiate for a new contract.
UN research show enormous change in renewable energy investing
Developing countries are the new hotspots for investors in renewable energy according to two studies promoted by the United Nations.
Updates - Encana names new CEO, former BP Plc executive Doug Suttles
Doug Suttles has three-decades of experience as an oil and gas veteran. (Photo : )Oil and gas veteran Dough Suttles (left) formerly of BP, is now CEO of Escana Doug Suttles preceded interim CEO Clayton Woitas.
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Oil and Natural Gas Company (ONGC) India withdrew its statement last Monday after announcing a deal with Rovuma Area 1 in Mozambique.
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
Greece is required to sell off its energy company shareholdings as part of their bailout deal. (Photo : REUTERS)A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels The largest refinery in Greece, Hellenic Petroleum was one of the assets identified in the privatization plan of the country.
Softbank's SB Energy and Mitsui & Co. partner with Green Power Investment Corp. to create a wind farm in Western Japan.
NRG Yield, a unit of NRG Energy Inc, would be offering its Class A shares through an IPO. A unit of power generator firm NRG Energy Inc. , NRG Yield has filed with US securities regulators an application for an initial public offer of its class A shares.
Myanmar opens its doors to foreign investors to explore the country's abundance in natural gas.
Centrica PLC is in discussion with Cuadrilla Resources to buy a stake in its licenses for the exploration of shale gas fields.
Glencore Xstrata is banking on US LNG boom to allow market entry into the tight knot LNG trading market.
Nigeria sees the decrease on US oil sales imports as a chance for the country to have more oil industries opened.
