2017 will be an exciting year for Cairn Energy, which will actively consider possible purchase opportunities in the North Sea over the year, reads the report published by the Scottish energy company Wednesday morning.
Although the announcement doesn't hint at anything in particular, it is hard not to consider it in light of the rumours that Cairn Energy is a possible buyer of Dong Energy's oil and gas activities. Cairn Energy was most recently in mid-February singled out by news media Reuters as a favourite to take over the oil and gas activities which the Danish energy company is trying to get rid of.
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Ahead of Thursday’s long awaited meeting between EU’s energy ministers, the EU Commission still has yet to rubber-stamp any proposed solutions to the energy crisis. According to a commissioner, preparations are still underway for the meeting – and gas prices are in focus, according to documents leaked Wednesday.