In a time when Australia's liquid transport fuel supplies are declining and our transport needs are growing, a research partnership between Australia and India could provide a solution to a number of energy concerns and ultimately reduce ...
Rosneft and ExxonMobil selected CB&I UK and Foster Wheeler Energy as contractors for initial phase front end engineering and design (FEED) for a proposed Russian Far East liquefied natural gas project. Rosneft and ExxonMobil intend to ...
Tags: ExxonMobil, LNG Project
Thailand has officially announced a significant rise in its crude reserves as of end-2012, with its probable and possible reserves jumping 10% and 32% year on year to 421 million barrels and 277 million barrels respectively, data released ...
Tags: Crude Reserves, Mineral
An international team of scientists has created a tool to precisely pinpoint where petroleum and gas reserves have accumulated beneath the earth. One of the team members is a Chinese geologist from the University of California-Davis. "The ...
Tags: Oil, Metallurgy, Mineral, Energy
Algeria has discovered new gas reserves in exploration programs recently, the country's Minister of Energy and Mines, Youcef Yousfi, said during a press conference on Monday. "This year's intensified gas exploration program enabled ...
Tags: Metallurgy, Mineral, Energy, gas
Iranian Ambassador to Ukraine, Akbar Qasemi-Aliabadi, said that Iran has large gas reserves and is ready to supply natural gas to Ukraine, Tehran Times daily reported on Saturday. "Both Ukraine and Moldova need natural gas, and Iran has ...
Tags: Metallurgy, Mineral, Energy
The UK's Petrofac has agreed to increase its stake in the Abu Dhabi-based Petrofac Emirates joint venture to 75% from 50% as the remaining state-owned holding is privatized, Petrofac said Thursday. Following both transactions, the ...
Tags: Petrofac Emirates, Chemicals
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
PetroChina has received Chinese and Australian federal government approval to acquire from ConocoPhillips a 29% stake, valued at around A$32 million ($29 million), in a shale gas joint venture in Western Australia's Southern Canning Basin, ...
Tags: Chemicals, Metallurgy, Mineral, Energy, oil
Seadrill Limited ("Seadrill" or "the Company") has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project ...
Tags: Transportation, Service
Indonesia is determined to get a market price for LNG exported from the Tangguh project to China's CNOOC, a senior official with upstream regulator SKK Migas said Monday. "The new price cannot be below the market price. It has to be ...
Tags: Tangguh LNG
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
Alaska has extended an agreement with TransCanada that sees the state offer subsidies for the firm's work on a natural gas pipeline and LNG export project in the state, a state official said Wednesday. The previous agreement expired June ...
Tags: Gas Pipeline, Alaska
The leaders of the world's leading gas exporting nations are due to meet in Moscow Monday for the second summit of the Gas Exporting Countries Forum to discuss the future of the gas market amid uncertainties over the supply and demand ...
Tags: Gas Exporting
China National Petroleum Corp. (CNPC) announced acquisition of a 20 percent stake in Novatek-led Yamal LNG project on June 24. The Chinese oil and gas producer said yesterday that it had signed an agreement with Novatek, the ...