Greece Extends Desfa Bidding to August

Greece's privatisation agency Taiped (HRADF in English) said July 24 that its board, following a request from a potential investor, has decided to extend up to August 7 2017 the deadline for the submission of the expressions of interest to acquire 66% of Greek gas grid Desfa’s share capital.

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Halliburton Makes Slim 2Q Profit

US oil and gas services giant Halliburton posted a 2Q 2017 profit of $28mn, contrasting with its year-ago $3.2bn 2Q loss when it booked a $3.52bn loss from the fee to terminate its merger with Baker Hughes and related costs.

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Luxembourg Court's Opal Decision A Setback for Poland

The president of the General Court of the European Union in Luxembourg has allowed Gazprom to use up to 90% of the Opal pipeline in a court ruling announced July 21.

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Profits Down at Qatar's Nakilat

Qatari state shipowner Nakilat said July 24 that it made a net 1H 2017 profit of rials 409mn ($111mn), down 18% from rials 501mn ($136mn) in 1H2016. It blamed the effect of changing the estimated scrap value of vessels into line with International Accounting Standards and reduced operations of a few joint ventures.

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IEA: Chinese Power Helps Gas Growth - NGW Magazine

This article is featured in NGW Magazine Volume 2, Issue 14 Gas will grow faster than oil and coal over the next five years, helped by low prices, ample supply, and its role in reducing air pollution, according to the International Energy Agency’s Gas 2017 report.

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