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Daily Telegraph: Database: Energy

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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