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Daily Telegraph: Database: Energy


Apache Corp, an American oil and gas company that specialises in tapping older fields, is to buy BP's wells in the shallow waters off the Gulf of Mexico for $1.3bn in cash.

Vanco Energy, an American-based oil-exploration company, won a bid for licences to pump oil and natural gas in Ukraine's part of the Black Sea, seeing off competition from Exxon Mobil and Royal Dutch Shell, the Ukrainian government said.

• Royal Dutch Shell has built a natural gas platform in the North Sea that uses only wind and solar power and will supply as much as 1pc of Britain's needs for the next 15 years.

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