Russian gas giant Gazprom held discussions Wednesday with Japan's Ministry of Economy, Trade and Industry (METI) on expansion of energy cooperation, with joint design and construction of a nationwide gas grid for Japan among the issues on ...
Tags: National Gas Grid, Chemicals
Shell said it reduced by 50% the volume of oil spills from its onshore operations in Nigeria's Niger Delta in 2012 compared with the previous year, but that oil theft from the company's facilities remain a long-term challenge. "The volume ...
Tags: Shell, Oil Spill, Nigerian Fields
BP has a portfolio of 45 major upstream projects that it wants to focus on to 2020, company CEO Bob Dudley said Thursday, following the company's unprecedented $38 billion asset sell-off program in the wake of the Macondo oil spill in 2010. ...
Tags: BP, CEO Dudley
EU-listed and large private oil, gas and mining companies will be forced to reveal more about their payments to governments under new EU rules agreed informally late Tuesday by EU negotiators. Some big oil companies, including Shell, had ...
Prompt gas contracts on Continental European hubs recouped early day losses by midday Friday as two unplanned outages at Norway's gas fields, which send gas to the UK and the Continent, cut gas flows and sparked supply worries, one trader ...
Tags: Euro Gas, Fuel Supply, oil
ABB, a leading power and automation technology group, has signed a service contract valued at $260 million with A/S Norske Shell. The contract, for a period of 9 years, requires ABB to provide integrated service and support solutions ...
Tags: ABB, Major Oil Company, Electrical
China's incoming president, Xi Jinping, will likely follow the course set by his predecessor in dealing with Russia, according to a former senior vice president at China National Offshore Oil Corporation, Victor Gao. Xi is expected to be ...
Tags: gas, Offshore Oil, gas industry
Houston, Texas-based MRC Global, a distributor of pipe, valves and fittings products and services to the energy and industry sectors, and NAWAH LLC announced a logistics alliance to serve the Iraqi oil and gas market. As part of the ...
Tags: energy sectors, industry sectors, oil, gas
Australian coalseam gas junior WestSide has decided to bring talks over a potential takeover to a conclusion in the "near term," the company said in a statement Tuesday. Westside announced in November 2012 that it had received an ...
Tags: coalseam gas, WestSide, potential takeover
In an interview with Reuters, the chief executive of Kuwait Energy says the company is committed to pumping gas and finding oil in southern Iraq, and will not risk aggravating Baghdad by pursuing deals in Iraqi Kurdistan. Sara Akbar ...
Tags: Kuwait, Energy's Plans, Iraq
ExxonMobil's Papua New Guinea LNG plant is on schedule to start up and ship its first LNG in 2014, Peter Botten, Managing Director of minority project shareholder Oil Search, said at a conference Thursday. The 6.9 million mt/year, ...
Tags: ExxonMobil, Oil Search, natural gas
In 2011, the United States became the world’s largest producer of natural gas, growing by 7.7% between 2010 and 2011. That represented the largest volumetric increase in the world, according to BP’s Statistical Review of World ...
Tags: natural gas, Natural Resource, gas industry
US major Chevron's natural gas output in Bangladesh stood at 1.126 Bcf/d by the end of 2012, a year-on-year increase of 16.56%, with additional production from new wells and the operation of a new compression station in the transmission ...
Tags: US, natural gas output, Chevron
Woodside Petroleum's Browse LNG project could end up being developed in a lower-cost environment after 2014, now that the joint venture partners are aligned for the first time, analysts at the Hong Kong office of Bernstein Research said in ...
Tags: Woodside Petroleum, Browse LNG project, commercial development
China National Petroleum Corp announced two major overseas acquisitions in mid-December as the oil giant continued its accelerated pace of global expansion. State run CNPC said December 12 it would buy a 10.2% stake in the Browse ...