Aberdeen. Oil services group OEG Offshore has expanded into Australia's Northern Territory through its link-up with a Darwin-based fuel handling equipment specialist.
Western Europe
Gazprom's Italian partner proposes South Stream-Nabucco merger
Moscow. Italy's Eni SpA, which is Gazprom's partner in the Kremlin-backed South Stream gas pipeline project, proposed uniting it with its Nabucco rival to boost overall revenues, a Russian business paper reported on Thursday.
Royal Dutch Shell to Nominate Charles O. Holliday jr. as Non-Executive Director
The Hague. The Board of Royal Dutch Shell plc (the Company) (NYSE: RDS.A, NYSE: RDS.B) announces its intention to propose to the 2010 Annual General Meeting that Mr. Charles ("Chad") Holliday jr, be elected a non-executive director of the Company with effect from September 1st, 2010.
BP to pay USD7 bln for Devon Energy
Tullow Oil posts 2009 net profit, revenue decline
London. Oil exploration firm Tullow Oil (UK:TLW 1,271, -10.00, -0.78%) said Wednesday that its 2009 net profit declined to 15.1 million pounds ($22.5 million), from 223.2 million pounds recorded at the same point a year ago. Revenue declined to 582.3 million pounds, from 691.7 million pounds last year.
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Western Europe
