Dominican Republic: Total acquires the country’s main retail network and establishes its leadership in the Caribbean

by Timothy Reeder | Jan 27, 2016 | News

Total has reinforced its Marketing & Services presence in the Caribbean with the acquisition from Putney Capital Management of a majority 70% interest in the leading Dominican fuel retailer. The transaction includes a well established network of 130 stations,...

KEVIN SMITH NAMED CEO OF THE YEAR, CALIFORNIA FROM ACQUISITION INTERNATIONAL

by Timothy Reeder | Jan 27, 2016 | News

Kevin B. Smith, SolarReserve’s CEO, has been selected as Acquisition International’s 2015 CEO of the Year, California within the energy sector.   The CEO of the Year awards were founded to identify and recognize the outstanding leadership of CEOs...

Russian gas exports to Italy growing steadily

by Timothy Reeder | Jan 26, 2016 | News

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Claudio Descalzi, Chief Executive Officer of Eni. The parties addressed Russian gas exports to Italy. Preliminary estimates indicate that...

ExxonMobil’s Energy Outlook Projects Energy Demand Increase and Decline in Carbon Intensity

by Timothy Reeder | Jan 25, 2016 | News

Global energy demand will increase 25 percent between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil said today in the 2016 edition of The Outlook for Energy. At the same time, energy efficiency gains and increased use of renewable...

Rosneft Increases Supplies to Lotos

by Timothy Reeder | Jan 25, 2016 | News

Rosneft and Grupa Lotos S.A. agreed to extend the сontract for oil supplies to Poland signed on December 20, 2013. The updated commercial terms and conditions envisage a year extension of the сontract (till December 31, 2017) and increase of supplies by 300 thousand...

Installation of first foundations at Rampion Offshore Wind Farm

by Timothy Reeder | Jan 25, 2016 | News

Following the accomplished offshore wind projects Humber Gateway and Amrumbank West E.ON continues to battle the elements. The company has announced that the first turbine foundation for Rampion project in the UK will be installed this week. The project remains on...