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PGNiG flags PLN 776 mln hit to its Q4 operating profit

9:18am GMT

Jan 20 (Reuters) - PGNiG SA : :Says writedowns and other costs will reduce its standalone and consolidated operating profit (EBIT) in the fourth quarter of 2017 by about 776 million zlotys ($227.29 million).The writedowns are related to, among other things, the change in the business model for PGNiG'S Wierzchowice power unit.

Chinese Energy Bought Kweichow Moutai Co Shares For Between RMB780 & RMB785 Per Share​ On Jan 10

Wednesday, 17 Jan 2018

Jan 17 (Reuters) - Chinese Energy Holdings Ltd <8009.HK>::CO ACQUIRED ON-MARKET SHARES OF KWEICHOW MOUTAI CO ON 10 JAN FOR PRICE BETWEEN RMB780 AND RMB785 PER SHARE​.KWEICHOW MOUTAI CO SHARES BOUGHT FOR TOTAL RMB16.5 MILLION.

Statoil awards Sverdrup reservoir contract to Alcatel Submarine Networks

Wednesday, 17 Jan 2018

Jan 17 (Reuters) - Statoil Asa ::CONTRACT FOR IMPROVED RECOVERY ON JOHAN SVERDRUP - CONTRACT FOR IMPROVED RECOVERY ON JOHAN SVERDRUP.‍AWARDS A CONTRACT TO ALCATEL SUBMARINE NETWORKS FOR PERMANENT RESERVOIR MONITORING (PRM) ON JOHAN SVERDRUP FIELD​.‍SEISMIC TECHNOLOGY - A POTENTIAL DIGITAL ENABLER FOR FIELD - WILL BE A KEY CONTRIBUTOR TO DELIVERING ON JOHAN SVERDRUP'S 70 PERCENT RECOVERY AMBITION​.‍SEISMIC CABLES WILL BE INSTALLED ON SEABED OF JOHAN SVERDRUP DURING 2019​.‍FRAME AGREEMENT WITH ALCATEL SUBMARINE NETWORKS ALSO INCLUDES OPPORTUNITIES FOR FUTURE COLLABORATION​.‍FRAME AGREEMENT ALSO INCLUDES AN OPTION TO EXTEND SEISMIC COVERAGE TO INCLUDE SOUTHERNMOST PART OF JOHAN SVERDRUP FIELD​.‍DECISION TO INSTALL PRM AT JOHAN SVERDRUP MEETS AN AUTHORITY REQUIREMENT SET IN PLAN FOR DEVELOPMENT AND OPERATION​.

Petrobras had record production in Brazil for fourth consecutive year In 2017- Filing

Tuesday, 16 Jan 2018

Jan 16 (Reuters) - Petroleo Brasileiro Sa Petrobras ::BRAZIL'S PETROBRAS SAYS OIL PRODUCTION IN BRAZIL REACHED RECORD 2.15 MILLION BPD LAST YEAR.BRAZIL'S PETROBRAS SAYS NATURAL GAS PRODUCTION REACHED 2.65 MILLION BARRELS OF OIL EQUIVALENT PER DAY IN 2017- FILING.BRAZIL'S PETROBRAS SAYS SUBSALT PRODUCTION (WITH PARTNERS) ROSE 26 PERCENT LAST YEAR AND REACHED RECORD 1.29 MILLION BARRELS PER DAY- FILING.PETROBRAS SAYS OIL AND NATURAL GAS PRODUCTION IN BRAZIL IN DECEMBER WAS 2.62 MILLION BARRELS OF OIL EQUIVALENT PER DAY- FILING.PETROBRAS SAYS POSTED PRODUCTION RECORD FOR FOURTH CONSECUTIVE YEAR IN 2017- FILING.

Saudi Aramco snubs UBS and Bank of America for listing roles - sources

Tuesday, 16 Jan 2018

Those banks not invited to pitch for senior IPO roles-sources:.

Partners Group To Sell Stake In Silicon Ranch Corporation To Shell

Monday, 15 Jan 2018

Jan 15 (Reuters) - PARTNERS GROUP ::PARTNERS GROUP TO SELL STAKE IN SILICON RANCH CORPORATION TO SHELL ‍.ON BEHALF OF ITS CLIENTS, AGREED TO SELL ITS 43.83% OWNERSHIP STAKE IN SILICON RANCH CORPORATION​.‍SELLING ITS EQUITY STAKE TO SHELL FOR MINIMUM PROCEEDS OF USD 193 MILLION AND UP TO USD 217 MILLION​.WILL CONTINUE TO SUPPORT SILICON RANCH THROUGH NEWLY ISSUED JUNIOR DEBT FINANCING SIMULTANEOUS WITH CLOSING OF SALE​.

Shell To Acquire 43 Pct Interest In U.S. Solar Business

Monday, 15 Jan 2018

Jan 15 (Reuters) - Royal Dutch Shell Plc ::SHELL TO ACQUIRE INTEREST IN U.S. SOLAR BUSINESS.SHELL - ‍ AGREEMENT TO ACQUIRE 43.83% INTEREST IN U.S. SOLAR COMPANY SILICON RANCH FROM FUNDS MANAGED AND/OR ADVISED BY PARTNERS GROUP​.SHELL - ‍CONSIDERATION FOR SHARES IS BETWEEN $193 AND $217 MILLION CONTINGENT ON SILICON RANCH ACHIEVING PREDETERMINED MILESTONES​.SHELL - ‍SEPARATE AGREEMENT WITH SILICON RANCH WILL GIVE SHELL POSSIBILITY TO INCREASE ITS OWNERSHIP AFTER 2021​.SHELL - CO'S INTEREST IN SILICON RANCH INCLUDES AN EXISTING PORTFOLIO OF ABOUT 880 MEGAWATTS OF PROJECTS IN OPERATION OR CONTRACTED​.

Shell Announces Redevelopment Of Penguins Field In UK North Sea

Monday, 15 Jan 2018

Jan 15 (Reuters) - Royal Dutch Shell Plc ::ANNOUNCES A FINAL INVESTMENT DECISION ON REDEVELOPMENT OF PENGUINS OIL AND GAS FIELD IN UK NORTH SEA.DECISION AUTHORISES CONSTRUCTION OF A FLOATING PRODUCTION, STORAGE AND OFFLOADING (FPSO) VESSEL.FPSO IS EXPECTED TO HAVE A PEAK PRODUCTION (100%) OF CIRCA 45,000 BOE/D.

Total, Petrobras complete Lapa and Iara concessions deal

Monday, 15 Jan 2018

Jan 15 (Reuters) - Total Sa /Petrobras::* Petrobras and Total finalize decisive milestone in the realization of their Strategic Alliance, signed in March 2017.* Transfer from Petrobras to Total of 35% of the rights, as well as the operatorship, of the Lapa field in Block BM-S-9A in the Santos Basin pre-salt, alongside Shell (30%), Repsol-Sinopec (25%) and Petrobras (10%). The Lapa field was put in production in December 2016, via the 100,000 barrel per day capacity Cidade de Caraguatatuba FPSO..* Transfer from Petrobras to Total of 22.5% of the rights of the Iara area, which comprises the Sururu, Berbigão and Oeste de Atapu fields in Block BM-S-11A in the Santos Basin pre-salt, operated by Petrobras (42.5%) alongside Shell (25%) and Petrogal (10%). .* Production in Iara expected to start in 2018 through the 150,000 barrel per day capacity P-68 FPSO in Berbigão-Sururu fields, which will be followed by a second FPSO in 2019 in the Atapu field..* The consideration for the above transactions amounts to US$1.95 billion, including closing adjustments. This amount does not include US$ 400 million that can be triggered by Petrobras to carry a part of its investment share in the Iara development fields and contingent payments.* Transactions give shape to the Strategic Alliance between Petrobras and Total, allowing them to combine their deep-offshore expertise.

Engie head comfortable with current govt stake in firm, but could consider other scenarios

Monday, 15 Jan 2018

PARIS, Jan 15 (Reuters) - Engie ::* ENGIE CEO KOCHER SAYS PROGRAMME OF 15 BLN OF ASSET SALES NOW 90 PCT COMPLETE.* ENGIE'S KOCHER SAYS ENGIE HAS BUILT 6 GW OF NEW RENEWABLE ENERGY CAPACITY IN PLACE, AND IS BUILDING ANOTHER SIX GW.* ENGIE'S KOCHER SAYS THE SHIFT TO RENEWABLES, GRIDS AND SERVICES HAS IMPROVED ENGIE'S RETURN ON CAPITAL EMPLOYED.* ENGIE'S KOCHER SAYS MESTRALLET TO LEAVE CHAIRMAN POST THIS YEAR, NO COMMENT ON SUCCESSION.* ENGIE'S KOCHER SAYS WE HOPE TO SEE STRONG GROWTH RATE IN OUR KEY INDUSTRIES IN 2018.* ENGIE CEO KOCHER SAYS PETROBRAS IN BRAZIL IS SELLING GAS INFRASTRUCTURE, IT IS AN OPTION WE ARE LOOKING AT.* ENGIE'S KOCHER SAYS HAPPY WITH CURRENT GOVERNMENT STAKE OF 24 PCT IN ENGIE, BUT COULD LIVE WITH OTHER SCENARIOS.

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