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Carlyle joins Gas Natural asset race
Carlyle has teamed up with Spain’s Magnum Capital, and is likely to bid through its joint venture with Riverstone Holdings, for assets put up for sale by the Spanish gas company
Total cleared of blame for accident
A French court rules that the energy group was not responsible for one of the country’s worst industrial disasters in which 31 people were killed
Iraq woos French investors
The Iraqi government has stepped up its efforts to encourage French business to invest in the oil-rich country, telling Total it could expect favourable treatment
Glencore fires up to recapture Prodeco coal
The financial position of Glencore continues to improve, giving it more firepower to repurchase prized coal assets from Xstrata, an affiliated mining company
Fridman to lead TNK-BP until 2011
Maxim Barsky approved by both sides as the new permanent chief executive for the troubled venture
Gas fears to dominate Russia-Ukraine talks
Energy is not the only issue Ukraine and Russia need to iron out, and experts fear that strained relations between the two could lead to a repeat of January’s gas crisis, which left tens of thousands of east Europeans without heat and power
Plan to limit Europe energy supply disruption
The parties have agreed to deepen co-operation on energy issues after talks between Dmitry Medvedev, Russia’s president, and European Union leaders at their annual bilateral summit in Stockholm
Tankers store oil as futures prices rocket
A research by a London shipbroker reveals that one in 12 of the world’s largest crude oil tankers are being used to store oil rather than move it from place to place
LSE fines Regal over Aim rule breaches
Oil group Regal Petroleum is fined £600,000 and issued with a formal censure by the LSE for breaches in the rules on market-moving announcements by Aim companies
Devon to offload international assets
The US independent oil and gas group is looking to sell its Gulf of Mexico and international assets
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