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April 2015

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Gazprom and YPF sign agreement to develop hydrocarbons in Argentina
24 April 2015 Russian natural gas firm Gazprom and Argentinean oil and gas producer YPF have signed a memorandum of cooperation on hydrocarbon...

E.ON Global Commodities agrees to buy LNG from Meridian
24 April 2015 E.ON Global Commodities (EGC), the energy trading arm of E.ON, has agreed to buy up to two million tonnes of regasified liquefied natural gas (LNG) a year from Meridian...

CGG acquires Taurus Reservoir Solutions to expand geoscience portfolio
23 April 2015 CGG's GeoConsulting Business Line has acquired Canada-based Taurus Reservoir Solutions, a provider of reservoir and engineering services to the worldwide petroleum...

BP reportedly seeks buyers for $2bn of pipelines and storage terminals in US
23 April 2015 BP is reportedly seeking buyers for about $2bn of pipelines and storage terminals in the...

Frontera Resources unveils resource estimates for two Georgian projects
22 April 2015 Oil and gas exploration and production firm Frontera Resources has completed independent resource assessment reports for two projects in...

Tipiel wins gas pipeline contract in Peru
22 April 2015 Colombian engineering and construction firm Tipiel has won a contract from the Consorcio Constructor Ductos del Sur to develop a new gas pipeline in...

Repsol finds gas in Algeria's TESO-2 exploration well
21 April 2015 Repsol has discovered gas in Tan Emellel Sud-Ouest-2 ( TESO-2) exploration well in the Sud-Est Illizi block, Algeria, becoming the third find in the block....

CB&I wins contract to support Afipsky oil refinery project in Russia
21 April 2015 CB&I has won a contract to provide engineering and procurement services for the Afipsky oil refinery in Krasnodar,...

Countries and oil firms agree to end routine gas flaring by 2030
20 April 2015 Nine countries, ten oil firms and six development institutions have agreed to end the practice of routine gas flaring at oil production sites by...

Air Products and ACWA JV to build industrial gas complex in Saudi Arabia
20 April 2015 A joint venture (JV) of Air Products and ACWA Holding has secured a contract from Saudi Aramco to construct, own and operate an industrial gas complex in Saudi...

NGTL secures NEB approval for $1.7bn Canadian pipeline project
17 April 2015 NOVA Gas Transmission (NGTL), a wholly owned subsidiary of TransCanada, has secured approval from the Canadian National Energy Board (NEB) for the development of the $1.7bn North Montney...

Iraqi forces and IS militants fight for Baiji oil refinery
17 April 2015 The Iraqi Security Forces and the Islamic State (IS) militants are reportedly fighting for control of the country's largest refinery in the town of Baiji, 200km north of...

Shale gas supply hub could bring £30bn boost to Northern economies: Report
16 April 2015 Northern economies are likely to benefit from a £30bn boost from the development of a supply hub in the Bowland Shale, the UK, a new report from Peel Gas & Oil has...

Gazprom commences drilling programme at Chonsky fleld in Siberia
16 April 2015 Russian oil firm Gazprom Neft has started drilling operations at three exploratory wells at the Chonsky project located in eastern part of...

ArcLight Capital acquires Pyramid (f/k/a PPC)
15 April 2015 ArcLight Capital Partners’ newly-formed portfolio company, Penn Products Terminals has acquired Pyramid for an undisclosed...

Magellan and TransCanada agree to jointly build Houston pipeline connection
15 April 2015 Magellan Midstream has signed a joint development agreement with TransCanada to pursue a project to connect TransCanada’s Houston tank terminal to Magellan’s East Houston terminal....

Petrobras considers divestment of stake in Braskem for $903m
14 April 2015 Brazil's state-run oil company Petrobras is believed to be selling its stake in petrochemicals firm Braskem, for about $903m, amidst a massive corruption scandal and drop in oil...

UKOG acquires Weald Basin PEDL126 from Magellan Petroleum
14 April 2015 UK Oil & Gas Investments (UKOG) has icompleted the acquisition of the remaining 40% stake in the Weald Basin onshore licence, PEDL126, from Magellan...

Woodside completes acquisition of Apache’s stake in Canadian LNG asset
13 April 2015 Australia's independent oil and gas company Woodside has completed the acquisition of Canadian Kitimat LNG project, for $854m, from...

Riverstone to invest $300m in Meritage Midstream Services III
13 April 2015 US energy private equity firm Riverstone has announced to invest up to $300m in Meritage Midstream Services III, to help the latter pursue midstream opportunities in Western Canada's...

Shell and BP yet to meet UAE’s demand for $2.2bn sign-on-fee for oil concession
10 April 2015 Shell and BP are yet to meet the UAE's demand for a $2.2bn sign-on fee even though it has been nearly two months after the country put a deadline for the bids on a large oil concession....