Japan and Canada formally cemented a bilateral pact Friday to stimulate trade and investment opportunities in oil and LNG by sharing information and creating a forum to deal with energy issues. Japan's Economy, Trade and Industry Minister ...
Tags: pipelines, regasification plants
Russian pipe producer TMK has announced that it has fully completed in line with its contract the delivery of large diameter pipes for the Central Asia-China gas pipeline project. Within the framework of its contract, in the ...
Tags: Pipe Supplies, Gas Pipeline
The State Oil Company of Azerbaijan (SOCAR) has announced plans to start construction of a new petrochemical processing complex at the industrial complex of Sangachal Terminal in south Baku region of the country. SOCAR president Rovnag ...
Thailand's PTT Exploration & Production PCL, the country's flagship petroleum explorer, might invest in North American shale-gas and Myanmar deep-water projects as part of its plan to nearly double its output by 2020. PTTEP, which made ...
Tags: Shale Gas, flagship petroleum
China's investment in exploration of oil and gas resources is expected to stand at 80 billion yuan (13.07 billion U.S. dollars) in 2013, according to the Ministry of Land and Resources. Such investment has risen steadily in China over the ...
China National Petroleum Corporation (CNPC) states in a press release that the company will join forces with NHC Uzbekneftegas to research cooperation feasibilities in two blocks in the central Asian country; the two sides will set up a ...
Tags: Metallurgy, Mineral, Energy
Austrian oil and gas company OMV announced Monday a 2.65-billion-U.S. dollar acquisition of North Sea interests from Norwegian company Statoil, making it the largest industrial investment in Austrian history. In the deal expected to be ...
Tags: Gas Fields, North Sea Oil
Russia's Prime Minister Dmitry Medvedev has approved an intergovernmental agreement that will see Russian gas giant Gazprom acquire 100% of Kyrgyzstan's debt-ridden national gas operator, Kyrgyzgas, for $1, according to a statement late ...
Tags: gas, Metallurgy, Mineral, Energy
China's state-owned offshore monopoly producer China National Offshore Oil Corp says it supports the Chinese government's position over Japan's recent protests about Chinese drilling activity in the East China Sea. "We do not understand ...
Tags: Drilling Rig, monopoly producer
The Pakistan Textile Exporters Association (PTEA) has voiced concern over sudden gas suspension by Sui Northern Gas Pipeline Limited (SNGPL), as part of its annual turnaround of gas fields to undertake maintenance work and ease pressure on ...
Tags: Textile
Australia's Woodside Petroleum is remaining tight-lipped on the impact of the Israeli cabinet's decision to allocate up to 50% of any gas field's reserves to the domestic market. "We look forward to considering the detail of the gas ...
Tags: Leviathan Deal, Gas Export
There has been some uneconomic duplication of facilities such as loading jetties at the three LNG export projects being built on Curtis Island offshore the eastern Australian port of Gladstone, a senior executive at one of the projects ...
Tags: LNG Terminals, Chemicals
BP has become the second oil and gas major in a day to announce it would have a new chief for its Australian operations, following fast on the heels of a similar announcement by ExxonMobil. Andy Holmes has been appointed president of BP ...
Tags: Exxonmobil, Chemicals
Tubos Reunidos, a leading Spanish seamless tube and pipe producer, has announced its financial results for the first three months of the current year, announcing an 86 percent year-on-year fall in its consolidated net profit to €1.16 ...
Tags: seamless tube, pipe producer
State-owned Qatar Petroleum (QP) signed a joint venture agreement Sunday with France's Total and Japan's Idemitsu, Cosmo Oil, Marubeni and Mitsui for a new condensate refinery to be built in Qatar at Ras Laffan Industrial City. Under the ...
Tags: Qatar Petroleum, Joint Venture