MOL acquires Eni retail network in Hungary

MOL Group has acquired Eni Hungaria, which manages 173 Agip-branded service stations and a wholesale business in Hungary. Source: News


EnCap Flatrock selects managing partners, partner

EnCap Flatrock Midstream has promoted Gregory C. King and Dave Kurtz each to the position of managing partner and Dennis J. McCanless to partner. Source: News


Mitra Energy to buy interest in Stag oil field

Mitra Energy Inc., Vancouver, BC, has signed a sale and purchase agreement with Quadrant Energy Pty. Ltd., Perth, and Santos Ltd., Adelaide, to purchase 100% of Stag oil field offshore Western Australia. Source: News


Shell Australia lets contract for Prelude FLNG facility

Shell Australia Pty. Ltd. has let a contract to Norwegian firm DOF Subsea for underwater services and supply of a multipurpose supply vessel to the Prelude floating LNG facility soon to be stationed in the Browse basin 475 km offshore northwestern Western Australia. Source: News


Eni takes second-quarter loss amid Val d’Agri shutdown

Eni SPA posted a second-quarter adjusted net loss of €290 million compared with an adjusted net profit of €505 million in second-quarter 2015. For the first half, the firm took an adjusted net loss of €267 million compared with an adjusted net profit of €1.23 billion in first-half 2015. Source: News