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Archive of industry news from the global hydrocarbons industry

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April 2014

Top

Williams Partners closes Opal gas processing facility after fire
24 April 2014 Williams Partners has closed its Opal natural gas processing facility in Wyoming, US, following an explosion and...

Enterprise Products to build ethane export facility on Texas Gulf Coast
24 April 2014 North American midstream energy services provider Enterprise Products will construct a refrigerated ethane export facility on the Texas Gulf...

ONEOK completes US pipeline and processing projects
23 April 2014 ONEOK Partners has completed over $1bn worth of pipeline and processing projects in Oklahoma and Texas,...

BP to sell interests in Alaska oilfields
23 April 2014 BP has agreed to sell its interests in four oilfields on the Alaska North Slope to US-based privately held oil and gas producer...

Piedmont Natural Gas to provide gas facilities for USMC base
22 April 2014 Piedmont Natural Gas has secured a three-year $15m contract to construct natural gas facilities for Marine Corps Base Camp Lejeune in Jacksonville, North Carolina,...

Exxon Mobil closes UK pipeline after report of fuel theft
22 April 2014 Exxon Mobil has closed the major underground Midline pipeline running from its Fawley refinery near Southampton following reports of a theft of over 30,000 litres of diesel...

Baytex to follow initiatives following Peace River consultation
17 April 2014 Canadian oil and gas company Baytex Energy has announced its support for the regulatory initiatives announced by the Alberta Energy Regulator (AER) governing heavy oil development in Peace...

Armada acquires 100% stake in Kansas oil and gas leases
17 April 2014 US oil and gas explorer Armada Oil has completed the $6.5m acquisition of a 100% working interest in six producing oil and gas leases covering around 1,040 acres in the Vernon field in...

TTE to deliver training programme for Nigeria Liquid Natural Gas
16 April 2014 UK-based technical training and consultancy services provider TTE Technical Training Group has been selected by Nigeria Liquid Natural Gas (NLNG) to deliver a process industry induction...

Lukoil to sell stake in Caspian Investment Resources
16 April 2014 Lukoil has announced that it will sell its 50% stake in Caspian Investment Resources to China-based oil refiner Sinopec for...

ConocoPhillips wins approval to export LNG from Kenai facility in Alaska
15 April 2014 US-based energy firm ConocoPhillips has received approval from the US Department of Energy (DOE) to export liquefied natural gas (LNG) from its Kenai Peninsula facility in Alaska to all...

Oil India seeks acquiring Shell’s oil and gas assets in Nigeria
15 April 2014 Indian hydrocarbon explorer and producer Oil India is considering acquiring oil and gas blocks of Anglo-Dutch firm Shell in...

Report finds that US crude oil prices rose in 2012
14 April 2014 The US Energy Information Administration (EIA) has released a new report stating that US crude oil proved reserves, led by reserve additions in Texas and North Dakota, increased in...

Gastar resumes production following West Virginia gas pipeline rupture
14 April 2014 US-based energy company Gastar Exploration has restarted production following a shut-in resulting from the rupture of a natural gas pipeline at its Marshall county, West Virginia...

Mistral selects UOP equipment to support natural gas production in Canada
11 April 2014 Mistral Midstream will use Honeywell’s UOP Russell modular equipment to recover valuable natural gas liquids (NGLs) from natural gas produced in southern Saskatchewan,...

Hawaii Gas receives first Clean Energy LNG shipment
11 April 2014 Hawaii Gas has received its first shipment of around 7,100gal of liquefied natural gas (LNG) from natural gas fuel supplier Clean Energy...

Canadian oil worker salaries increased by 6% in 2013
10 April 2014 Global recruiting firm Hays Oil & Gas has released the results of a new survey, which found that the salaries of oil and gas workers in Canada increased by 6% to an average of $130,000 in...

Zeta Petroleum to acquire Stikito
10 April 2014 Oil and gas exploration and production company Zeta Petroleum has signed a non-binding term sheet to acquire...

Willis Group releases oil and gas insurance report
09 April 2014 Global risk advisor, insurance and reinsurance broker Willis Group has revealed that energy companies have no insurance against major cyber attacks and that theoretical insurance capacities in...

Outrigger Energy to expand midstream capabilities in Permian basin
09 April 2014 US-based midstream energy company Outrigger Energy has announced the expansion of its midstream capabilities in the Permian...

Australia to extend licences for Browse LNG project leases
08 April 2014 The government of Western Australia has announced that it will extend licences for two leases in the Browse LNG...

Energen to sell natural gas utility business
08 April 2014 US-based oil and gas company Energen has agreed to sell its Alabama Gas (Alagasco) natural gas utility business for $1.6bn in proceeds, allowing it to become a pure exploration and production...

Jobs boost for UK oil and gas sector
07 April 2014 New research by the Bank of Scotland has revealed that over the next two years up to 39,000 jobs will be created in the UK oil and gas...

Oklahoma earthquakes linked to oil and gas exploration
07 April 2014 Seismologists with the Oklahoma Geological Survey have linked minor earthquakes that occurred in Oklahoma, US, over the weekend to shale gas exploration in the...

Tessella launches partnership model for oil and gas companies
04 April 2014 UK-based analytics, software services and consulting company Tessella has launched a new partnership model for oil and gas...

Intertek opens shale oil and gas laboratory in Texas
04 April 2014 Intertek has opened a new laboratory in Elmendorf, Texas, to address its opportunities in the Eagle Ford shale (EFS)...

BP to cease production at Bulwer Island refinery, Australia
03 April 2014 The Bulwer Island refinery in Brisbane, Queensland, is to cease production by mid 2015, according to an announcement by...

Duke Energy and Piedmont to build natural gas pipeline in North Carolina
03 April 2014 Duke Energy and Piedmont Natural Gas are set to issue a solicitation for proposals to build a second wholesale natural gas pipeline in North...

PGNiG and Chevron to explore for shale gas in Poland
02 April 2014 Polish oil and gas company Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) and Chevron Polska Energy Resources have signed an agreement to appraise shale gas deposits in four exploration...

ExxonMobil to resume southern portion of Pegasus crude oil pipeline
02 April 2014 ExxonMobil has received permission from the US pipeline safety office to resume the Pegasus crude oil pipeline’s southern portion in Mayflower, Arkansas, which ruptured in March...

Encana to sell Jonah field gas properties to TPG Capital
01 April 2014 Encana Oil & Gas (USA) has signed an agreement with an affiliate of global private investment firm TPG Capital to sell natural gas properties in the Jonah field for approximately...

Lukoil begins oil production from West Qurna-2 field in Iraq
01 April 2014 Lukoil has announced the commencement of commercial production at the West Qurna-2 oil field in Iraq, reaching the target production level of 120,000 barrels per day...

March 2014

Top

Exprodat to offer oil and gas training courses in Canada
31 March 2014 UK-based petroleum geographic information system (GIS) services, software and training provider Exprodat plans to offer wide-ranging oil and gas training courses in Alberta, Canada from...

Cunningham Energy drills further Rhino programme oil wells
31 March 2014 US-based production and exploration company Cunningham Energy has commenced drilling its second and third shallow horizontal oil wells in the Rhino Three Well Drilling Program in West...

Ineos confirms TGE as preferred bidder for Grangemouth refinery contract
28 March 2014 UK-based chemicals and oil products manufacturer Ineos O&P has confirmed engineering, procurement, construction and project management contractor TGE as the preferred bidder for the...

Bashneft acquires oil producer Burneftegaz
28 March 2014 Russian oil producer Bashneft has acquired a 100% stake in oil firm Burneftegaz in a deal worth more than...

Total acquires stake in Papua New Guinea licence
27 March 2014 Total has acquired 40.1% gross interest from InterOil in the Elk-Antelope gas field in Petroleum Retention Licence 15 in Papua New...

Varel introduces new roller cone drill bits for the oil and gas industry
27 March 2014 US drill bits supplier Varel International has introduced new roller cone drill bits for the oil and gas industry, designed for the fast and effective drill-out of frac...

Strata-X acquires Illinois basin production and exploration assets
26 March 2014 US-based oil and gas exploration and development company Strata-X Energy will acquire 23,595 acres of production and exploration assets in the Illinois basin, US for...

Well leakage an issue for shale exploration says report
26 March 2014 New research by Researching Fracking in Europe (ReFINE) has found that highly variable well barrier and well integrity failure rates over the last 100 years are a particular issue for...

Velocys to develop new GTL plants
25 March 2014 Smaller scale gas-to-liquids (GTL) technology innovator Velocys has entered into a joint venture with Waste Management, NRG Energy, and Ventech Engineers International to develop GTL plants in...

PDO awards Oman EP contract to Petrofac
25 March 2014 Petroleum Development Oman (PDO) has awarded a $1bn engineering and procurement (EP) contract to Petrofac for its Rabab Harweel Integrated Project (RHIP) located in the Harweel Cluster of fields...

Repsol and IFPEN to develop reservoir modelling technology
24 March 2014 Integrated oil and gas company Repsol and the French Institute of Petroleum IFPEN have signed an agreement to develop new exploration and production technologies to identify new reserves...

Gas2Grid to commence production from Malolos-1 oil field in Philippines
24 March 2014 Australian oil and gas company Gas2Grid has been granted approval by the Philippine Department of Energy (DOE) to commence extended oil production from the Malolos-1...

Wood Group opens training facility for Eagle Ford shale workers
21 March 2014 International energy services company Wood Group has announced the opening of a new training facility in Kenedy, Texas,...

Tethys Petroleum discovers gas in Kazakhstan’s AKK18 well
21 March 2014 Oil and gas exploration and production company Tethys Petroleum has announced that well AKK18 in Kazakhstan has encountered a 3.6m interval of gas-bearing Tasaran sand with an average porosity of...

Sunoco pipeline leaks 240 barrels of oil into Ohio
20 March 2014 Sunoco Logistics Partners has reported a leak from its 20in-diameter crude oil pipeline into a nature preserve located adjacent to the Great Miami River in southwest...

Rosneft warns West over Crimea sanctions
20 March 2014 Russian state energy company Rosneft has warned the EU and US that escalating sanctions over the country’s annexation of Ukraine's Crimea region would worsen the...

Imperial Oil to sell western Canada assets to Whitecap
19 March 2014 Imperial Oil is divesting its oil and gas assets in Boundary Lake, Cynthia / West Pembina and Rocky Mountain House in British Columbia and Alberta, Canada, to Whitecap Resources for...

Kalegran commences production from Bijell oil field in Iraq
19 March 2014 MOL subsidiary Kalegran has commenced early production from the Bijell field on the Akri Bijeel block in...

Cameron awards $6bn contract for Louisiana LNG project
18 March 2014 Cameron LNG has awarded an approximately $6bn contract to a joint venture between CB&I and Chiyoda International to build the Cameron liquefaction project at Hackberry in Louisiana,...

LetterOne Group to buy RWE Dea
18 March 2014 German exploration and production company RWE has signed an agreement with Luxembourg-based global investment firm LetterOne Group for the sale of its oil and gas unit RWE Dea at an...

Exxon Mobil completes construction of onshore pipeline for PNG LNG project
17 March 2014 Exxon Mobil has completed the construction of a 292km section of onshore pipeline on the PNG LNG project in Papua New...

DNV launches shale development verification services
17 March 2014 Norwegian classification society DNV GL has announced the launch of global, risk-based shale development verification...

Lockheed Martin to acquire US oil and gas control systems provider
14 March 2014 Global security and aerospace company Lockheed Martin has signed an agreement to acquire Industrial Defender, a cyber security solutions provider for control systems in the oil and gas, utility...

Oil found in UK Angus Energy fields
14 March 2014 UK Oil & Gas Investments (UKOG) has released the independent reserve and resource reports (CPRs) prepared by RPS Energy Consultants for the onshore UK Lidsey and Brockham Fields operated by...

AFL Light Brigade to add fibre optic sensing chapters
13 March 2014 AFL’s education and training division Light Brigade has updated its oil and gas training...

Poland approves shale gas bill
13 March 2014 The Polish government has approved a new bill designed to encourage investment in shale gas in the...

SMLP transfers Red Rock Gathering between subsidiaries
12 March 2014 Summit Midstream Partners (SMLP) subsidiary Grand River Gathering will acquire 100% of the equity interests in Red Rock Gathering from another SMLP subsidiary for...

Enbridge launches online pipeline emergency training programme
12 March 2014 Enbridge, Enbridge Energy Partners, and Midcoast Energy Partners have launched an online training programme to help emergency services deal with pipeline...

Ukraine expects Russia to hike natural gas prices by 37%
11 March 2014 Ukraine expects Russia to hike the price of its natural gas by at least 37% amid mounting tensions between the two countries over...

Ghana’s Atuabo gas processing plant scheduled for completion this month
11 March 2014 Ghana's $750m Atuabo gas processing plant is set to be completed by 31 March, according to Minister for Energy and Petroleum Emmanuel Armah-Kofi...

Shell reports Ho-Ho pipeline oil leak
10 March 2014 Shell has reported a leak of around 364 barrels into an open pasture in Texas, as a result of a construction crew piercing a section of the Ho-Ho pipeline...

Tethys discovers gas at AKK17 well in Kazakhstan
10 March 2014 Oil and gas exploration and production company Tethys Petroleum has announced that the first shallow gas exploration well of its 2014 programme, AKK17 in Kazakhstan, has been successful...

Petronas to supply LNG to CPC
07 March 2014 Petronas subsidiaries Malaysia LNG (MLNG) and Petronas LNG have signed contracts to supply Taiwan state-owned petroleum, natural gas and gasoline company CPC with liquefied natural gas (LNG) for...

BGP completes 2D seismic survey on Block 2B in Kenya
07 March 2014 BGP has completed a 196km 2D seismic survey on Block 2B owned by oil exploration company Taipan Resources in...

TransCanada files project description for Canada oil pipeline project
06 March 2014 TransCanada has filed a preliminary project description with Canada's National Energy Board for its C$12bn Energy East oil...

GE unveils new shock and vibration measurement drilling equipment
06 March 2014 GE has introduced a new version of a tool in its measurement while drilling (MWD) family of downhole drilling equipment to help oil and customers reduce operational costs and increase...

Loyz Energy to acquire stake in Thai oil concessions
05 March 2014 Singapore-based oil and gas company Loyz Energy has signed a $65m agreement with Carnarvon’s Thailand subsidiary to acquire a stake in its onshore oil-producing...

BP plans new continental US business
05 March 2014 BP has announced plans to establish a separate business to manage its onshore oil and gas assets in the continental...

Enbridge gains shipper support for pipeline replacement programme
04 March 2014 Enbridge has announced that it has shipper support for a $7bn investment in their mainline pipeline system Line 3 that runs from Edmonton, Alberta, Canada to Superior, Wisconsin,...

Energy sector to play key role in global M&A revival according to report
04 March 2014 New research by global law firm Hogan Lovells has found that energy firms are more likely to conduct mergers and acquisitions (M&A) than companies in other...

Aztech to market Coretrack drilling technology
03 March 2014 Australian technical solutions provider Coretrack has signed an agreement with Aztech Well Construction to assist the commercialisation of its core level recorder system (CLRS)...

Shell shuts Nigerian Nembe pipeline over oil leak
03 March 2014 Shell has announced the closure of a key pipeline in southern Nigeria in a bid to stop a leak caused by oil theft and...

February 2014

Top

Williams Partners to acquire Alberta operations for $1.2bn
28 February 2014 Williams Partners has signed a $1.2bn agreement to acquire Alberta, Canada, operations from Williams, the pipeline company that controls...

SGO clears oil and gas exploration area of unexploded ordnances in Kurdistan
28 February 2014 Stability operations company Sterling Global Operations (SGO) has announced the completion of unexploded ordnance detection and clearance project for new Kurdistan oil and gas...

DOT issues emergency order to crude oil rail shippers
27 February 2014 Companies that ship crude oil by rail are now required to test the volatility of fuel out of North Dakota's Bakken oilfields before it is transported, following an emergency order from the...

BC to boost growth in oil and gas industry
27 February 2014 The Government of British Columbia (BC), Canada, will make $120m in royalties available in order to stimulate job creation and industry growth in the oil and gas...

Indian Oil to acquire stake in Petronas shale-gas assets in Canada
26 February 2014 Indian Oil (IOC) has announced that it will acquire a 10% stake in the British Columbia (BC)shale gas and liquefied natural gas (LNG) project owned by Malaysian oil and gas firm Petronas for...

Origin to acquire stake in Cooper-Eromanga gas blocks in Australia
26 February 2014 Origin Energy has signed two farm-in agreements with Senex Energy to acquire exploration interests in the Cooper-Eromanga basin,...

Monadelphous wins Ichthys LNG project construction contract
25 February 2014 Australian engineering group Monadelphous has received a construction contract valued at approximately $680m for mechanical works to be carried out at the Ichthys project onshore LNG facilities...

AEW raises $680m to acquire US Woodford shale acreage
25 February 2014 American Energy - Woodford (AEW) has raised approximately $500m in equity commitments and received approximately $180m in bank borrowings to acquire a leasehold position in the Woodford shale...

WGL to invest in Pennsylvania pipeline project
24 February 2014 WGL Midstream will invest approximately $410m in the Central Penn Line, a new pipeline project which will originate in Susquehanna county and extend to Lancaster county in Pennsylvania,...

Rosneft to increase APG supplies to Yugragazpererabotka processing plants
24 February 2014 Rosneft has signed an agreement with gas processing and petrochemicals company Sibur to increase associated petroleum gas (APG) supplies from its oil fields to processing facilities owned by...

TransCanada’s Keystone pipeline loses court ruling
21 February 2014 Lancaster County judge Stephanie Stacy has issued a ruling that blocks TransCanada’s Keystone XL Pipeline from running through...

Scheduled US shale gas investments top $100bn
21 February 2014 Research by The American Chemistry Council (ACC) has found that potential investments in affordable natural gas and natural gas liquids from shale formations have topped $100bn for the first...

BP installs RotaBolt fasteners at gas processing terminal
20 February 2014 BP has installed RotaBolt measurement tension indicator fasteners to a heat exchanger at the company's gas processing...

Canadian Natural acquires conventional Devon Canada assets
20 February 2014 Oil and gas production company Canadian Natural Resources has acquired Devon Canada’s conventional assets for...

Petronas to invest in YPF's Vaca Muerte shale field in Argentina
19 February 2014 Oil company YPF has signed a memorandum of understanding (MoU) with Malaysia's national oil company Petronas for investment in its onshore Vaca Muerte shale formation in...

Anadarko Petroleum to sell Bohai Bay stake
19 February 2014 Anadarko Petroleum has signed a deal to divest its non-operating interest in the Chinese Bohai Bay field for $1.08bn to a wholly-owned subsidiary of Brightoil...

Samsung to build gas treatment facilities in Algeria
18 February 2014 South Korean engineering company Samsung Engineering has secured an $800m order to build gas treatment facilities in...

ExxonMobil awards first gas detection system licence to Providence
18 February 2014 ExxonMobil has awarded the first commercial licence for its remote gas detection system to its US-based co-developer Providence...

Atlas Resource to acquire gas reserves from GeoMet
17 February 2014 Exploration and production company Atlas Resource Partners (ARP) has signed an agreement to acquire proved natural gas reserves in West Virginia and Virginia from energy firm GeoMet and some of...

Mill City to acquire 75% stake in Indonesian gas concession
17 February 2014 Mill City Gold has signed a revised letter of intent (LoI) to acquire up to a 75% working interest in the North East Tanjung block onshore gas concession from Indonesia-based PT Trimata...

Explosion occurs on Columbia Gulf natural gas pipeline in Kentucky
14 February 2014 Part of a natural gas pipeline owned by Columbia Gulf Transmission exploded in southern Kentucky, resulting in the forced evacuation of nearby...

Petrofac and partners win Kuwait EPC contract
14 February 2014 UK-based oilfield service company Petrofac has received a $3.7bn engineering, procurement and construction contract from Kuwait National Petroleum Company...

San Leon, Baker Hughes to develop Siekierki shale gas field in Poland
13 February 2014 San Leon Energy and Baker Hughes have signed a letter of intent (LoI) to jointly develop the Siekierki shale gas field in...

Mazarine Energy to acquire 90% stake in Tunisian Zaafrane licence
13 February 2014 Oil and gas exploration and production company Mazarine Energy has agreed with Medex Petroleum to acquire a 90% participating interest in and operatorship of the onshore Tunisian Zaafrane licence....

Chevron reports fire at Pennsylvania gas well
12 February 2014 Chevron has reported a fire at its Appalachia Lanco 7H natural gas well pad at Dunkard Township in Greene County,...

Borealis to receive ethane from Statoil Karstø gas plant in Norway
12 February 2014 Austrian polyethylene and polypropylene producer Borealis has signed a new long-term agreement to source ethane from Statoil’s gas plant at Kårstø in...

SapuraKencana acquires Newfield's Malaysian assets
11 February 2014 Malaysian oil and gas firm SapuraKencana Petroleum has completed its previously announced acquisition of Newfield International’s entire equity interest in Newfield Malaysia for...

Phillips 66 secures board approval for $3bn Texas projects
11 February 2014 US-based energy manufacturing and logistics company Phillips 66 has secured approval from its board of directors to build Sweeny Fractionator One and the Freeport Liquefied Petroleum Gas...

MarkWest completes Buffalo Creek facility in Granite Wash, US
10 February 2014 MarkWest Energy Partners has completed work on the 200 million cubic feet per day (MMcf/d) Buffalo Creek cryogenic gas processing plant and associated high pressure trunk...

Baytex Energy to acquire Aurora Oil & Gas
10 February 2014 Canadian firm Baytex Energy has signed an agreement to acquire 100% of the shares of Aurora Oil & Gas for approximately...

Uganda signs production agreement with oil companies
07 February 2014 The Ugandan Government has signed a memorandum of understanding (MoU) with oil companies Tullow Oil, Total and CNOOC that is expected to lead to the start of commercial production and the...

Stellar Resources to buy interest in Horse Hill project
07 February 2014 Stellar Resources has signed an agreement to buy a 7.5% equity interest in Horse Hill Development (HHDL), which holds the rights to a 65% participating interest and operatorship in an...

Gazprom to commence Kirinskoye gas field production
06 February 2014 Natural gas extractor Gazprom is set to invest RUR10bn ($288m) in order to launch commercial gas production from the Kirinskoye field in the Sakhalin region of eastern...

EnerJex commences Adena field gas production in US
06 February 2014 Exploration and production company EnerJex Resources has commenced natural gas production at D-Sand wells in the Adena field in...

Cuadrilla proposes fracking locations in Lancashire, UK
05 February 2014 Cuadrilla Resources has announced two new exploration sites in Lancashire as part of its plan to realise the full potential of shale gas resources in the...

American Midstream acquires gas gathering system from Penn Virginia
05 February 2014 American Midstream Partners has completed the previously announced $100m acquisition of a natural gas gathering and redelivery system located in the Eagle Ford shale from a subsidiary of...

ExxonMobil increases acreage in Permian basin and Utica shale
04 February 2014 Oil and gas firm ExxonMobil has signed two separate agreements with Endeavor Energy Resources and American Energy – Utica (AEU) in the Permian basin in Texas and the Utica shale in Ohio,...

Chevron and GE form technology alliance
04 February 2014 Chevron Energy Technology and GE Oil & Gas have announced the formation of a new alliance to develop and commercialise technologies to solve various critical issues for the oil and gas...

Well Power signs MRU distribution agreement with ME Resource
03 February 2014 Well Power has signed an agreement with Canada-based ME Resource to obtain exclusive right to distribute its micro refinery units (MRUs) to the oil and gas industry in...

Union Gas to expand gas pipeline and compression facilities
03 February 2014 Canadian natural gas storage, transmission and distribution company Union Gas has been granted approval by the Ontario Energy Board for the expansion of its natural gas pipeline and...

January 2014

Top

Enbridge wins regulatory approval to build $1.61bn oil pipeline
31 January 2014 Canadian pipeline projects regulator the National Energy Board has recommended that the federal government approves Enbridge Pipelines’ C$1.8bn oil pipeline construction...

TransMontaigne signs capacity lease agreement with Magellan Pipeline
31 January 2014 TransMontaigne Operating, a wholly-owned subsidiary of TransMontaigne Partners (TLP), has signed a ten-year capacity lease agreement with Magellan...

QP and UOP to develop natural-gas-treating technology
30 January 2014 Qatar Petroleum (QP) and UOP are working together to optimise the process of carbon dioxide and sulphur removal from natural...

SLE and CLG to jointly develop oil shale technology
30 January 2014 Irish oil and gas exploration company San Leon Energy (SLE) has signed a memorandum of understanding (MoU) with Chevron Lummus Global (CLG) to cooperate in upgrading existing oil shale...

Magnolia LNG signs pipeline capacity agreement with KMLP
29 January 2014 Magnolia LNG, the wholly owned subsidiary of Australia-based Liquefied Natural Gas, has agreed a pipeline capacity agreement with Kinder Morgan Louisiana Pipeline...

Chinese LNG tankers said to chart new course for the shipbuilding industry
29 January 2014 IHS Maritime senior research analyst Gary Li has commented on recent Chinese government reforms that have enabled a surge in LNG tanker construction in the...

BG Group shares drop after warning on Egypt output
28 January 2014 Shares of the UK’s oil and gas giant BG Group have tumbled almost 15% after the company warned that continuing problems in Egypt would hit production in 2014 and...

ONGC and Mitsui to pursue gas opportunities
28 January 2014 India-based Oil and Natural Gas Corporation (ONGC) and Japan-based Mitsui have signed a memorandum of understanding (MoU) for co-operation in pursuing gas...

TransCanada gas pipeline explodes in Manitoba
27 January 2014 A natural gas pipeline owned by Canadian energy firm TransCanada exploded and caught fire in Manitoba on Saturday, although there were no...

Air Products wins Yamal LNG project contract
27 January 2014 Liquefied natural gas (LNG) technology and equipment provider Air Products has signed an agreement with a consortium including Technip and JGC to implement its technology at the Yamal LNG...

Taqa to develop Atrush block in Kurdistan
24 January 2014 The Abu Dhabi national energy company Taqa is ready to invest approximately $1.2bn to develop the key Atrush oil and gas block in the Kurdistan region of...

Cuadrilla abandons plans to frack at Lower Stumble well site in Balcombe
24 January 2014 UK-based energy firm Cuadrilla announced that it has discarded fracking plans at its Lower Stumble well site in West...

TransCanada begins crude oil delivery through $2.3bn pipeline
23 January 2014 TransCanada has begun delivering crude oil through a new $2.3bn pipeline that runs from Oklahoma to the Gulf...

European Commission proposes basic rules for shale gas operations
23 January 2014 The European Commission has come up with a recommendation for member states aiming to ensure that proper environmental and climate safeguards are in place for...

Cosmo and CEPSA to work on oil and gas developments
22 January 2014 Japanese oil refiner Cosmo Oil and Spanish integrated oil company Compañía Española de Petróleos (CEPSA) have entered into a memorandum of agreement to work together on oil and gas...

Consol to accelerate 2014 gas production with investment
22 January 2014 US-based natural gas and coal producer Consol Energy has announced plans to invest approximately $1.5bn in a bid to accelerate its natural gas...

Magnolia Petroleum to drill new North Dakota wells
21 January 2014 US onshore-focused oil and gas exploration and production company Magnolia Petroleum plans to drill four new wells in North Dakota,...

Shell to sell stake in Australian LNG project
21 January 2014 Shell is set to sell stakes in a Western Australia gas project and joint venture to the Kuwait Foreign Petroleum Exploration (KUFPEC) for $1.14bn as part of the company's drive to improve...

Netherlands to limit production at Groningen gas field after tremors
20 January 2014 The Dutch government has announced the reduction of natural gas production at Groningen gas field located near Slochteren in Groningen province in the northeastern...

GE supplies compressor-drive technology for HuaQi Ansai LNG in China
20 January 2014 GE has supplied compressor-drive equipment for the new HuaQi Ansai liquefied natural gas (LNG) facility located in the Shanxi province of...

GasLog to purchase LNG carriers from MSL’s fleet
17 January 2014 GasLog has signed an agreement with BG Group affiliate Methane Services (MSL) to purchase three liquefied natural gas (LNG) carriers from the company’s...

Rawson purchases remaining shares in Otway Energy
17 January 2014 Rawson Resources has signed a share purchase agreement (SPA) in a bid to increase its stake in Otway Energy from 37.5% to...

Tullow discovers oil at exploration wells in Kenya
16 January 2014 Tullow Oil has announced two oil discoveries at the Amosing-1 and Ewoi-1 exploration wells in Block 10BB of onshore northern...

TransAlta to build natural gas pipeline in Western Australia
16 January 2014 Canadian firm TransAlta, through its wholly owned subsidiary TEC Pilbara, has announced a joint venture (JV) to build, own and operate a $178m natural gas...

Accenture and SAP to develop new hydrocarbon management solutions
15 January 2014 Management consultancy Accenture is working with oil and gas software provider SAP to deliver new offerings based on the SAP HANA platform Upstream Production...

BGP Kenya wins 2D seismic contract from ERHC Energy
15 January 2014 Geophysical company BGP Kenya has been awarded a contract by ERHC Energy Kenya to conduct a 2D seismic survey at Block 11A in northwestern...

Total acquires stake in UK shale gas licences
14 January 2014 France-based oil and gas corporation Total has acquired a 40% stake in two shale gas exploration licences in the...

Fluor and JGC secure EPC contract for Kitimat LNG in Canada
14 January 2014 Fluor and JGC have secured an engineering, procurement and construction (EPC) contract from Chevron Canada for the proposed Kitimat liquefied natural gas (LNG) project in Bish Cove, British...

Emerald Oil to acquire land in North Dakota, US
13 January 2014 US-based exploration and production company Emerald Oil has signed two purchase and sale agreements with unrelated sellers to acquire additional core Bakken and Three Forks producing properties...

Wärtsilä wins Finland LNG terminal contract
13 January 2014 Wärtsilä has been awarded a turnkey contract by Manga LNG Oy, a joint venture between Outokumpu Group, Ruukki Metals Oy, Gasum Oy and EPV Energy, for a liquefied natural gas (LNG)...

Saudi Aramco awards contracts to expand AXL production
10 January 2014 Saudi Aramco has signed deals with Korean EPC contractor Samsung Engineering and China-based Shandong Electrical Power Construction for the Shaybah Arabian Extra Light (AXL) Crude Increment...

GE and Vess to acquire US oil reserves from EnerVest
10 January 2014 GE Energy Financial Services has joined forces with a Vess Oil affiliate to acquire oil reserves in east Texas, US, for approximately...

Foster Wheeler to provide PMC services for Aegean Refinery
09 January 2014 Switzerland-based engineering and construction entity Foster Wheeler has received a project management consultancy (PMC) contract from SOCAR Turkey subsidiary STAR Rafineri for a refinery to...

AMEC secures £255m contract from Kuwait Oil
09 January 2014 UK-based engineering and project management company AMEC has secured a contract renewal from Kuwait Oil (KOC) to provide project management consultancy (PMC) services for a portfolio of...

Enterprise to expand LPG export facility in US
08 January 2014 Enterprise Products Partners plans to expand liquefied petroleum gas (LPG) export terminal at Oiltanking’s complex on the Houston Ship Channel in...

World Fuel Services to buy Watson Petroleum for $191m
08 January 2014 US-based World Fuel Services has signed an agreement to acquire Watson Petroleum for around £117m...

Whitecap Resources acquires PrivateCo
07 January 2014 Whitecap Resources has completed its previously announced acquisition of PrivateCo pursuant to a plan of arrangement under the provisions of the Business Corporations Act (Alberta)....

Jura commences gas production from Guddu block in Pakistan
07 January 2014 Jura Energy has announced the production of first gas from the Reti-Maru gas fields in the Guddu block, Pakistan....

ONGC to drill additional wells in Gujarat’s Cambay region
06 January 2014 India-based Oil and Natural Gas Corporation (ONGC) has announced plans to drill additional wells at Cambay region in Gujarat,...

Bakken Oil wins pipeline siting permit
06 January 2014 Bakken Oil Express has been granted a pipeline siting permit by the North Dakota Public Service Commission for a 16in crude oil pipeline between Killdeer and Dickinson, North Dakota....

Repsol completes $4.1bn LNG assets sale to Shell
03 January 2014 Spanish oil firm Repsol has completed the $4.1bn sale of its LNG assets in Peru, and Trinidad and Tobago to Shell after obtaining relevant authorisations....

Oil supplies from Iraq to Turkey halt after Kurku-Ceyhan pipeline blast
03 January 2014 A major bomb attack by unknown militants on the Kurku-Ceyhan pipeline has lead to the discontinuation of pumping of oil from Iraq to...

Vanguard to acquire oil and gas properties in Wyoming for $581m
02 January 2014 Vanguard Natural Resources has signed an agreement with an unnamed source to acquire natural gas and oil properties in the Pinedale and Jonah fields of south-western Wyoming, US, for...

Kuwait Oil selects Fluor for project consulting services
02 January 2014 Kuwait Petroleum’s (KPC) subsidiary Kuwait Oil Company (KOC) has selected Texas-based Fluor to provide comprehensive consulting services in support of its capital expenditure programme for Kuwait....

December 2013

Top

Kinder Morgan and Targa to build new NGL fractionation facilities in Texas
24 December 2013 Kinder Morgan Energy Partners (KMP) has signed a letter of intent with Targa Resources Partners to form a joint venture (JV) to build new natural gas liquids (NGL) fractionation facilities in...

Light Structures to provide monitoring solution for Ichthys LNG facility
24 December 2013 Norway-based structural monitoring company Light Structures has been awarded a contract to provide a load and fatigue monitoring solution for Ichthys' LNG central processing facility...

Santos flows shale gas form Cooper basin in Australia
23 December 2013 Oil and gas producer Santos has announced the successful flow of shale gas from the Moomba-194 vertical shale gas well in Cooper basin,...

Cabot to supply natural gas to Dominion Cove Point LNG terminal
23 December 2013 Cabot Oil & Gas has signed a gas sale and purchase agreement with Sumitomo’s wholly-owned subsidiary Pacific Summit Energy to sell 350,000 million British thermal units per day of natural gas...

Technip secures $400m contract from KOC
20 December 2013 Technip has secured a contract worth $400m from Kuwait Oil (KOC) for consultancy services for project management and...

Rosneft discovers hydrocarbons in Eastern Siberia
20 December 2013 Russian state-controlled oil company Rosneft has discovered four new hydrocarbon deposits at its license blocks in Eastern Siberia,...

Hydrocarbons-technology.com launches major industry survey
19 December 2013 Hydrocarbons-technology.com would like to invite you to take part in our latest industry confidence tracking survey, examining industry sentiment on the latest economic and consumer...

Eighty-Eight selects SST to operate US crude oil train facility
19 December 2013 Eighty-Eight Oil has selected Strobel Starostka Transfer (SST) to operate its new crude oil unit train facility near Guernsey,...

Duma Energy acquires Hydrocarb
19 December 2013 US-based oil and gas production company Duma Energy has completed the acquisition of the outstanding stock of Hydrocarb. The interim name of the combined company is Duma Hydrocarb...

Pembina to expand Canadian pipeline system
18 December 2013 Pembina Pipeline has signed binding commercial agreements to proceed with constructing approximately $2bn in pipeline...

Europa raising funds to drill UK well and participate in Irish licencing round
18 December 2013 Europa Oil & Gas aims to raise £4m to drill an exploration well at Kiln Lane, PEDL-181 in the East Midlands, and to explore licences in Ireland and participate in the next licence...

Kinder Morgan signs agreement with NOVA to build new pipeline
17 December 2013 A subsidiary of Kinder Morgan Energy Partners has signed a letter of intent with NOVA Chemicals to build a new products pipeline from the Utica...

New Zealand Energy wins approval to acquire Wairoa permit stake
17 December 2013 NZEC Wairoa (NZEC) is a subsidiary of New Zealand Energy and has secured a final approval from New Zealand Petroleum & Minerals (NZPAM) to acquire 80% ownership in the Wairoa permit (PEP...

BreitBurn to buy oil and gas assets in Permian basin for $282m
16 December 2013 US-based BreitBurn Energy Partners has signed an agreement with CrownRock to acquire additional oil and natural gas assets in the Texas Permian basin for around...

FX Energy commences gas production from Lisewo facility in Poland
16 December 2013 FX Energy has started production at its Lisewo gas facility in Poland with an initial rate of around five million cubic feet per...

NuVista signs agreement to sell Canadian oil and gas properties
13 December 2013 Canada-based oil and natural gas company NuVista Energy has signed an agreement to sell its non-core assets in W3/W4 operating areas for approximately...

Companies to jointly explore shale gas projects in Poland
13 December 2013 Polish state-controlled oil and gas explorer Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) and Chevron have signed a memorandum of understanding (MoU) to jointly explore shale gas projects...

Buckeye completes acquisition of US East Coast terminal network
12 December 2013 Buckeye Partners has completed the approximately $850m acquisition of 20 liquid petroleum product terminals from US-based integrated oil company...

Principal Technology to supply US refinery
12 December 2013 Principal Technology will supply the $300m Dakota Prairie Refinery in North Dakota with a small capacity sulphur recovery unit (SRU) and tail gas treating unit...

QEP to acquire oil and gas properties in Permian basin
11 December 2013 QEP Energy has signed an agreement to acquire oil and gas properties in west Texas for approximately...

PAA announces pipeline projects in Permian Basin
11 December 2013 US-based oil pipeline transportation, marketing, and storage business Plains All American Pipeline (PAA) has announced an investment of approximately $450m into four projects that will expand...

Cheniere Energy signs $9.5bn worth EPC contracts with Bechtel
10 December 2013 Cheniere Energy’s wholly-owned subsidiary Corpus Christi Liquefaction has signed an agreement with Bechtel to perform engineering, procurement and construction (EPC) work at the...

Kentz to acquire Valerus Field Solutions for $435m
10 December 2013 Kentz engineering and construction group holding company Kentz Corporation Limited is set to acquire the US-based integrated oil and gas surface facility solutions provider Valerus Field...

Dresser-Rand’s LNGo plant commences production
09 December 2013 US-based rotating equipment solutions supplier Dresser-Rand Group has reported that the company's first small-scale liquefied natural gas (LNG) plant has successfully produced...

InterOil to sell stake in Elk-Antelope gas fields, Papua New Guinea
09 December 2013 InterOil has signed an agreement with Total to sell its 61.3% stake in petroleum retention license 15 (PRL 15) that includes the Elk-Antelope gas fields in the Gulf province of Papua New...

East West Petroleum wins New Zealand exploration permit
06 December 2013 Canada-based exploration and production company East West Petroleum has been awarded a petroleum exploration permit 55770 (PEP 55770) stake, which covers around 106,157 acres in the East...

Duma Energy to acquire Hydrocarb
06 December 2013 US-based oil and gas production company Duma Energy has signed an agreement to acquire the outstanding stock of petroleum exploration and production company...

Rolls-Royce wins PetroChina pipeline contract
05 December 2013 Global power systems company Rolls-Royce has been awarded a $28m contract to provide equipment and services to PetroChina for expanding the flow of natural gas through the Lunnan to Tulufan...

Sunoco invites bids for US Mariner East 2 pipeline project
05 December 2013 US-based Sunoco Logistics Partners has invited companies to commence open bidding for its Mariner East 2 pipeline project in the eastern...

HoneyWell wins new refinery contract in Kuwait
03 December 2013 HoneyWell has been awarded a contract by Kuwait National Petroleum (KNPC) to provide front-end engineering design (FEED) and an integrated control and safety system (ICSS) for KNPC’s new Al...

NorthWestern Energy acquires gas assets in Montana, US
03 December 2013 NorthWestern Energy has completed the approximately $70.2m acquisition of operating and non-operating natural gas production interests from Devon Energy in Bear Paw basin, northern...

NGL Energy acquires Gavilon for $890m
02 December 2013 US-based NGL Energy Partners has completed the acquisition of the diversified midstream energy business of Gavilon for approximately...

New Zealand Energy secures East Cape permit
02 December 2013 New Zealand Energy (NZEC) has announced that it has secured a 100% stake in the East Cape permit, covering one million acres on the northeast tip of New Zealand's North...

GeoPark secures Brazilian drilling licenses
02 December 2013 Latin American oil and gas explorer GeoPark has secured two new licenses in a bidding round organised by the National Petroleum, National Gas and Biofuels Agency (ANP) of...

American Midstream to rebuild US Midla Pipeline
02 December 2013 American Midstream Partners has launched an open season to rebuild its Midla mainline pipeline in Louisiana and...

November 2013

Top

FieldPoint and Riley sign agreement for exploration project in Texas
29 November 2013 FieldPoint Petroleum has entered into an agreement with Riley Exploration Group for an exploration project in Lee and Bastrop counties, Texas. ...

ConocoPhillips sells Algeria business unit
28 November 2013 US-based energy firm ConocoPhillips has completed the previously announced sale of its Algeria business unit to Pertamina in a transaction worth...

Organisations collaborate to reduce shale gas impact on UK water resources
28 November 2013 The UK Onshore Operators Group (UKOOG), the representative body for the UK onshore oil and gas industry, has agreed to join forces with Water UK in a bid to cut down the impact of onshore oil...

Rosneft to develop Kharampur field in Russia
27 November 2013 Oil and gas company Rosneft is to develop the Kharampur gas field in the Purovsky district, Yamal-Nenets,...

Enbridge selects Marathon as anchor shipper for pipeline project
27 November 2013 Canadian pipeline company Enbridge has selected Marathon Petroleum as an anchor shipper for the $2.6bn Sandpiper pipeline...

Petrofac awarded $2.1bn refinery contract
26 November 2013 Oil and gas services provider Petrofac has secured a $2.1bn engineering, procurement and construction (EPC) contract from Oman Oil Refineries and Petroleum Industries...

Oil pipeline leaks lead to explosion in Qingdao
26 November 2013 Nine people have been arrested by Chinese police following a crude oil pipeline blast that killed at least 55 people in the eastern city of Qingdao last...

Statoil to explore oil and gas space technologies for NASA
25 November 2013 Oil and gas company Statoil has joined forces with the National Aeronautical and Space Administration (NASA) to explore space technologies in the search for oil and...

MTU to power PDVA drill rigs
25 November 2013 Venezuelan oil and natural gas company PDVSA has selected diesel engines and propulsion systems producer MTU's Series 4000 engine to power 12 new drill...

Enbridge continues rationing space on oil pipelines
22 November 2013 Canadian pipeline company Enbridge has announced that it will continue rationing shipments on five of its oil pipelines for the month of...

Gazprom to invest $13.5bn in Vladivostok LNG plant
22 November 2013 Gas producer Gazprom has announced plans to invest $13.5bn in its liquefied natural gas (LNG) plant near the city of Vladivostok in...

Devon Energy acquires GeoSouthern’s Eagle Ford oil play assets for $6bn
21 November 2013 Devon Energy has acquired GeoSouthern Energy’s assets in the Eagle Ford oil play in DeWitt and Lavaca counties in Texas for...

CEPSA to acquire Coastal Energy for C$2.3bn
21 November 2013 Energy group Compañia Española de Petroleos (CEPSA) has signed an agreement to acquire the shares of US-based Coastal Energy for C$2.3bn, including C$51m of net...

Colorado proposes new air quality rules for oil and gas industry
20 November 2013 Colorado regulators have proposed new air quality rules to make the state the first to directly regulate detection and reduction of methane emissions that are associated with oil and gas...

Ferus, ENN to open two LNG plants in Canada
20 November 2013 Ferus Natural Gas Fuels and alternative energy solutions provider ENN Canada have formed a joint venture (JV) to build, own and operate two LNG liquefaction plants in Canada....

Northcote completes fracture stimulation of West Little Drum well
19 November 2013 Oil and gas exploration and production company Northcote has successfully completed fracture stimulation of the West Little Drum well in...

Azure Midstream acquires TGGT for $910m
19 November 2013 Azure Midstream has completed the acquisition of 100% of the equity interest in TGGT from Exco Resources and BG Group for...

Squatex discovers gas in Lower St Lawrence area
18 November 2013 Oil and gas exploration company Ressources et Energie Squatex has discovered a large quantity of conventional natural gas in the Lower St Lawrence area in...

Chevron LPG pipeline explodes in Texas
18 November 2013 US energy firm Chevron has reported an explosion at its liquid petroleum gas (LPG) pipeline near Milford, Texas, prompting...

BP to lock down personal devices over cyber threat
15 November 2013 British oil and gas giant BP plans to restrict the actions that employees can take on personal computers in order to combat the rising threat of cyber...

Petroamerica discovers oil at exploration well in Colombia
15 November 2013 Canadian oil company Petroamerica Oil has made a light oil discovery at the La Guira-1 exploration well on the Los Ocarros block in Colombia's onshore Llanos...

Willbros Group to build gas pipeline for NET Mexico
14 November 2013 Energy infrastructure contractor Willbros Group has secured a contract from NET Mexico Pipeline Partners to construct the NET Mexico Pipeline in Texas,...

BC and Encana accused of violating water act
14 November 2013 British Columbia's (BC) Oil and Gas Commission and energy company Encana have been accused by environmental groups of using lake and river water for shale gas...

Nexen to examine viability of BC LNG plant
13 November 2013 Nexen Energy, the wholly-owned subsidiary of CNOOC, has signed an agreement with the Government of British Columbia (BC), Canada, to examine the possibility of building a liquefied natural...

KMP and MarkWest launch open season for new US pipeline project
13 November 2013 Kinder Morgan Energy Partners (KMP) and MarkWest Utica EMG have launched a binding open season for a proposed Y-grade pipeline project across the...

Crestwood completes acquisition of Arrow Midstream for $750m
12 November 2013 Midstream assets owner and operator Crestwood has completed its previously announced acquisition of the US-based energy company Arrow Midstream in a transaction worth...

Alabama train accident leads to explosion and oil spil
12 November 2013 A train carrying crude oil has derailed in western Alabama, spilling oil and leaving 11 carriages burning in the...

Repsol to boost Venezuelan oil production
11 November 2013 Spain-based oil producer Repsol has announced plans to invest $4bn in Venezuela through 2022 to increase oil output in the...

Talisman to sell Montney natural gas assets for C$1.5bn
11 November 2013 Canadian upstream oil and gas company Talisman Energy has signed an agreement to sell part of its Montney natural gas assets in northeast British Columbia (BC) to Progress Energy Canada in a...

Inter Pipeline to provide diluent transportation services for Alberta project
08 November 2013 Canada-based Inter Pipeline has signed a ship-or-pay agreement with AOC Hangingstone Partnership to provide diluent transportation services for AOC's multi-phase Hangingstone oil sands...

Max announces Sagiz West and Uytas field results in Kazakhstan
08 November 2013 Oil and gas exploration and production company Max Petroleum has revealed the results of drilling an appraisal well in Sagiz West and two wells in the Uytas field in...

NGL to acquire Gavilon for $890m
07 November 2013 NGL Energy Partners has signed an agreement to acquire the diversified midstream energy business of Gavilon for...

Lakes Oil to drill Gippsland basin well in Australia
07 November 2013 Australian oil and gas explorer Lakes Oil (LKO) has submitted an application to drill the Wombat 5 well in the Gippsland basin in...

Eni and Quicksilver to explore and develop US oil reservoirs
06 November 2013 Italian energy company Eni has joined with Quicksilver Resources to evaluate, explore and develop shale oil reservoirs in Pecos County,...

Alberta and BC agree on pipeline framework
06 November 2013 Alberta and British Columbia (BC) have reached a framework agreement to clear the path for new oil pipeline developments to connect oil sands in Canada to the Pacific...

Tennessee Gas Pipeline starts operations on new US projects
05 November 2013 The Kinder Morgan Energy Partners (KMP) subsidiary Tennessee Gas Pipeline (TGP) has started services at the Northeast Upgrade project (NEUP) and the Marcellus Pooling Point (MPP) project in...

Givot Olam discovers larger oil reserves at Meged 5 site
05 November 2013 Israeli oil exploration company Givot Olam believes that its Meged 5 well is sitting on exploitable oil reserves of as much as 3.53 billion...

Tesoro Pipeline receives safety order from PHMSA over oil spill in North Dakota
04 November 2013 The US Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) has issued the Tesoro High Plains Pipeline with a safety order in response to a pipeline...

Ukraine to sign $10bn shale gas exploration deal with Chevron
04 November 2013 The Ukrainian government is ready to sign a $10bn shale gas production-sharing deal with US-based energy company...

Petrofac and Bonatti win Algerian gas field contract
01 November 2013 UK-based oil and gas services provider Petrofac and Italian contractor Bonatti have won a joint contract from Sonatrach worth over $650m to extend the life of the company’s Alrar gas field...

Koch pipeline leaks 400 barrels of crude oil in Smithville
01 November 2013 US-based Koch Pipeline has announced that the company’s Vista Ranch Road pipeline leaked around 400 barrels of crude oil in a rural area of Smithville,...

October 2013

Top

Enbridge to develop $1.6bn pipeline for Fort Hills partners and Suncor
31 October 2013 Fort Hills partners (Suncor Energy, Total E&P Canada and Teck Resources) along with Suncor Energy Oil Sands have selected Enbridge to develop a new $1.6bn pipeline to transport crude...

Total selects GE's predictive analytics software for remote monitoring
31 October 2013 French oil and gas company Total has selected GE Intelligent Platforms’ Proficy SmartSignal software for predictive analytics and remote monitoring and...

WPX Energy completes drilling of second well in Niobrara shale
30 October 2013 Oil and gas exploration and production company WPX Energy has successfully completed drilling of its second well in the Niobrara shale, North...

Rockwell Automation to acquire vMonitor
30 October 2013 Global industrial automation, power, control and information solutions provider Rockwell Automation has announced its intention to acquire wireless solutions provider to the oil and gas...

Crosstex to build gas gathering and processing system in Permian basin
29 October 2013 Crosstex Energy has announced plans to invest approximately $140m to construct a new natural gas processing complex and a gas gathering pipeline system in the Permian basin in Texas,...

Sterling Energy to acquire a 10% stake in Odewayne block, Somaliland
29 October 2013 Sterling Energy East Africa has entered into an agreement with Petrosoma to acquire 10% of the production sharing contract (PSC) in the Odewayne block in onshore...

Argent Energy acquires Wyoming oil-producing assets
28 October 2013 Argent Energy Trust has completed the acquisition of oil-producing assets in Wyoming, US, for approximately...

Ineos to reopen Grangemouth petrochemical plant in Scotland
28 October 2013 UK-based chemicals and oil products manufacturer Ineos is set to reopen its Grangemouth petrochemical plant near Falkirk in Scotland, which was shut last week following an industrial...

Heritage Oil to acquire interest in Papua New Guinea exploration blocks
25 October 2013 Heritage Oil has agreed to farm-in to two exploration blocks onshore Papua New Guinea with Kina...

Oryx Petroleum discovers oil on Hawler license in Iraq
25 October 2013 Oryx Petroleum has discovered and tested crude oil on the Hawler license area at Ain Al Safra in the Kurdistan region of...

Ineos announces closure of Grangemouth petrochemical plant in Scotland
24 October 2013 An industrial dispute between management and union workers at the Grangemouth oil refinery and petrochemical plant near Falkirk has resulted in the announcement by Ineos of the closure of...

GDF Suez to acquire stake in UK onshore licences
24 October 2013 GDF Suez has signed a deal with Dart Energy to acquire a 25% share in 13 UK onshore licences located in Cheshire and the East...

PetroTech and CAVU acquire 80-acre oil and gas lease in Oklahoma
24 October 2013 PetroTech Oil and Gas has announced the acquisition of a lease in Nowata, Oklahoma along with its partner CAVU...

BP opens Houston supercomputing facility
23 October 2013 In a bid to support its global oil and gas business, BP has opened a new centre for high-performance computing at its US headquarters in Houston, US, to house a supercomputer for commercial...

AIS launches touch screen technology for the oil and gas industry
23 October 2013 American Industrial Systems (AIS) has unveiled new HMI panel PCs and thin clients designed specifically for oil and gas refineries and chemical processing and industrial...

Repsol discovers oil at Murzuq basin in Libya
22 October 2013 Spain-based oil and gas company Repsol has discovered light oil (40º API) in Libya’s Murzuq...

Brightoil to build Chinese oil storage and terminal facilities
22 October 2013 The National Development and Reform Commission (NDRC) has granted approval to Zhoushan Brightoil Terminal to construct oil storage and terminal facilities on Waidiao...

Rosneft and CNPC collaborate for East Siberian upstream projects
21 October 2013 Russia-based Rosneft and China National Petroleum (CNPC) have signed a memorandum to expand cooperation in upstream projects in East...

UOP and EMRE finalise Gazprom Neft technology licensing agreement
21 October 2013 US-based UOP, a Honeywell company, and ExxonMobil Research and Engineering (EMRE) have finalised a technology licensing agreement with a subsidiary of Russian oil producer Gazprom...

TransCanada resumes gas deliveries following Alberta pipeline rupture
18 October 2013 Canadian energy firm TransCanada has restarted the delivery of gas to most of its industrial customers following an earlier pipeline rupture in northern...

Exco to sell TGGT to Azure Midstream
18 October 2013 Exco Operating Company, an affiliate of BG Group, has signed an agreement to sell its 100% equity interest in TGGT Holdings to Azure Midstream for approximately...

Premier Oil to acquire stake in Kenyan oil block
17 October 2013 Exploration and production company Premier Oil has signed a farm-in for 55% of Taipan Resources' licence interests in Block 2B, onshore...

US oil supply to average 12.1 million barrels a day in 2013
17 October 2013 The total oil supply of the US, the world's largest producer in 2013, is expected to average 12.1 MMB/D according to a report by US-based energy markets consulting firm Pira Energy...

Wison Engineering secures $834m contract from PDVSA
16 October 2013 Wison Engineering has secured an $834m procurement and construction contract from PDVSA Petroleo to prepare the site for the Venezuela Puerto la Cruz oil refinery deep conversion...

International Petroleum to sell Kazakhstan and Russia assets
16 October 2013 Australia-based oil and gas exploration and production company International Petroleum has signed two binding agreements to sell assets in Kazakhstan and Russia for a total of approximately...

ONGC Videsh secures two onshore blocks in Myanmar
15 October 2013 India's state-owned ONGC Videsh (OVL), a subsidiary of Oil and Natural Gas (ONGC), has secured two onshore blocks in the Myanmar Onshore Bidding Round...

Oilex secures exploration permits for Canning basin, Australia
15 October 2013 Australia's Admiral Oil, a subsidiary of Oilex, has secured two petroleum exploration permits from the government of Western Australia for the onshore Canning...

Tesoro’s oil pipeline responsible for North Dakota oil spill
14 October 2013 US-based Tesoro’s oil pipeline has broken in northwestern North Dakota, US, and spewed out more than 20,000 barrels of crude, according to the state Health...

Crestwood to acquire Arrow Midstream for $750m
14 October 2013 US-based Crestwood Arrow Acquisition, a subsidiary of Crestwood Midstream Partners, has signed an agreement to acquire Arrow Midstream Holdings for approximately...

Environmental activists protest Keystone XL pipeline
11 October 2013 Environmental activists have protested at the Tip O'Neill federal building in Boston, US, in order to oppose the Keystone XL pipeline that will run from Alberta to refineries on the Gulf...

KMP to expand KMCC pipeline in Texas
10 October 2013 US-based Kinder Morgan Energy Partners (KMP) has signed an agreement with a producer to expand the Kinder Morgan Crude and Condensate (KMCC) pipeline further into the Eagle Ford shale in...

Hess to sell US East Coast terminal network
10 October 2013 US-based energy company Hess has signed an agreement with Buckeye Partners to sell 20 East Coast and St Lucia liquid petroleum product terminals for approximately $850m in...

KMP to start BOSTCO oil terminal service in US
09 October 2013 US-based Kinder Morgan Energy (KMP) announced that it will begin the first phase of commercial operations at the Battleground oil specialty terminal (BOSTCO) project in the Houston Ship...

Beach Energy discovers oil at Cooper basin in Australia
09 October 2013 Australia-based Beach Energy has discovered oil at Butlers-7 well in Cooper basin, South...

Nord Stream’s twin Russia-Europe pipelines begin operation
08 October 2013 Nord Stream has announced that its twin pipelines running from Russia to the European Union have come on...

New Source Energy acquires Oklahoma oil and gas assets
08 October 2013 US-based New Source Energy Partners has announced the approximately $13.4m acquisition of oil and gas assets from Scintilla in Oklahoma county,...

Magnolia Petroleum oil production increases in Q3 2013
07 October 2013 Oil and gas exploration and production company Magnolia Petroleum has announced that oil production as at 1 August 2013 stood at 214boepd net to Magnolia, representing a 75% increase since...

ONGC and Oil India to explore shale oil and gas in India
07 October 2013 Indian firms Oil and Natural Gas (ONGC) and Oil India plan to use foreign firms' expertise in a bid to explore shale oil and gas in India, which approved rules last month for the drilling of...

NuEnergy spuds Pilot Well #2 in Indonesia
04 October 2013 NuEnergy Gas has commenced drilling of a second well at the Muara Enim pilot production site in South Sumatra,...

Europa Oil renews Béarn des Gaves permit in France
04 October 2013 Europa Oil & Gas has renewed its Béarn des Gaves permit in the proven Aquitaine basin in south-western...

Heyco Energy to install first LNG plant in Lavaca county, US
03 October 2013 US-based Heyco Energy Group is ready to commence installation of the first liquefied natural gas (LNG) facility on the Southern Gulf...

Repsol expanding Margarita gas processing plant in Bolivia
03 October 2013 Repsol is nearing completion of the $640m expansion of the Margarita gas processing plant in Tarija, south...

Williams Partners’ Transco to expand Leidy Line in Pennsylvania
02 October 2013 Williams Partners’ Transco natural gas pipeline has filed an application with the Federal Energy Regulatory Commission (FERC) to expand its existing Leidy Line in northern Pennsylvania as part of...

Enbridge to build Alberta pipeline
02 October 2013 Canadian pipeline transport company Enbridge has announced plans to build a new C$1bn ($973m) pipeline to carry 200,000 barrels of diluents per...

Pacific Rubiales to acquire Petrominerales for $907m
01 October 2013 Pacific Rubiales Energy has signed an agreement to acquire all of the outstanding common shares of exploration and production company Petrominerales in a transaction worth C$935m...

ZaZa Energy to develop Eagle Ford East assets
01 October 2013 ZaZa Energy has entered into an agreement with its existing US joint venture (JV) partner to acquire additional production and further develop its Eagle Ford East...

September 2013

Top

CB&I and Foster Wheeler win contract for Far East LNG project in Russia
30 September 2013 CB&I UK and Foster Wheeler Energy have been selected by oil and gas firms Rosneft and ExxonMobil as contractors for initial phase front-end engineering and design (FEED) for a proposed Russian...

Enbridge to provide transportation services to JACOS oil sands project
30 September 2013 Canadian energy company Enbridge will construct facilities and provide transportation services to the Japan Canada Oil Sands (JACOS) Hangingstone oil sands...

Centrica and QPI acquire Canadian oil and gas assets
27 September 2013 Centrica and Qatar Petroleum International (QPI) have completed the approximately $1bn acquisition of producing oil and natural gas assets from Suncor Energy in the Western Canadian Sedimentary...

Shell shuts down Colorado oil-shale project
27 September 2013 Anglo-Dutch multinational oil and gas company Royal Dutch Shell has abandoned exploration activities for an oil-shale project situated in Colorado,...

Par Petroleum subsidiary acquires Tesoro Hawaii
26 September 2013 Par Petroleum has announced that its subsidiary Hawaii Pacific Energy (HPE) has completed the approximately $75m acquisition of Tesoro...

Rosneft to buy Enel stake in Arctic Russia for $1.8bn
26 September 2013 Russian state-controlled oil company Rosneft has signed an approximately $1.8bn agreement to acquire a 40% interest in Arctic Russia from Italy's largest power company...

Cuadrilla completes drilling operations at Balcombe site in Sussex, UK
25 September 2013 UK-based fracking company Cuadrilla Resources has completed drilling operations at its site near the village of Balcombe in...

Spain and Morocco to begin exploration activities near Canary Islands
25 September 2013 The Spanish and Moroccon governments have announced that they will carry out oil exploration activities in fields situated near the Canary...

Floods cause massive oil spills in Colorado, US
24 September 2013 Massive oil spills amounting to around 22,000 gallons are being surveyed by state regulators in the river waters of Colorado as a result of heavy floods that hit the state last...

IWCF formulates new measures to avoid major oil spills
24 September 2013 The International Well Control Forum (IWCF) is introducing a new set of training standards and measures to improve the competence of people involved in well operations in order to avoid major...

CNPC to support development of Junin 10 block in Orinoco, Venezuela
23 September 2013 Venezuela Petroleum Minister Rafael Ramirez announced that China National Petroleum (CNPC) will work with Petróleos de Venezuela (PDVSA) on the approximately $14bn development of the Junin 10...

Whiting Petroleum acquires oil and gas assets in Williston Basin, US
23 September 2013 US-based oil and gas company Whiting Petroleum has completed the acquisition of Williston Basin oil and gas assets for approximately...

Genel Energy and DNO International sign Kurdistan gas sales and purchase agreement
20 September 2013 Genel Energy and DNO International have signed a gas sales and purchase agreement with the Kurdistan regional government to distribute gas from the Summail field in the Dohuk...

Approach to sell interest in Midland Basin oil pipeline
20 September 2013 US-based oil and gas company Approach Resources is to sell interest in its partner Wildcat Permian Services to affiliates of JP Energy Development for approximately...

Clean Energy, Ferus and GE form consortium to develop US LNG projects
19 September 2013 Clean Energy Fuels, Ferus Natural Gas Fuels, GE Ventures and GE Energy Financial Services have announced a new consortium to develop LNG projects and deliver it to US customers called Eagle...

GE Oil & Gas to supply 'CNG in a box' systems to Endurance
19 September 2013 GE Oil & Gas has signed a memorandum of understanding with China-based Endurance Industry to supply 260 'CNG in a box' systems over the next three...

Pembina to expand Canada Peace Pipeline System
18 September 2013 Canada-based Pembina Pipeline plans to expand the Peace Pipeline System between Simonette and Fox Creek in Alberta with an investment of approximately...

Apache to sell selected Canadian oil and gas assets
18 September 2013 US-based oil and gas company Apache has agreed to divest certain oil and gas assets in Canada in two different transactions for a combined value of...

Long Run Exploration to acquire Canadian oil and gas assets
17 September 2013 Canada-based oil and gas company Long Run Exploration will acquire oil and gas assets and associated infrastructure in the Edmonton and Peace River areas for approximately...

Pacific Energy to acquire stake in Aral Petroleum’s Kazakhstan assets
17 September 2013 Pacific Energy Development will acquire a 34% indirect interest in Aral Petroleum Capital's Aktobe Oblast oil and gas assets in western...

TransCanada signs gas supply agreement with distributors
16 September 2013 Union Gas, Gaz Métro and Enbridge Gas Distribution have signed an agreement with TransCanada PipeLines to supply natural gas from the Union Gas Dawn Market Hub in south-western...

Magellan Petroleum to supply gas from Dingo field to PWC
16 September 2013 Magellan Petroleum has signed a gas supply and purchase agreement (GSPA) with Northern Territory Power and Water (PWC) for the sale of gas from Dingo field in Northern Territory,...

Marathon Oil files new well permits for Sugarloaf project in Texas
13 September 2013 Gas exploration and production company Empyrean Energy has announced that Marathon Oil, which operates the company’s interests in the Sugarloaf AMI, has filed new well permits since...

PG&E to pay $565m to settle San Bruno pipeline explosion case
13 September 2013 California utility Pacific Gas & Electric (PG&E) will pay $565m in legal settlements and other claims for the 2010 San Bruno gas line explosion which killed eight people, injured dozens...

Shell and Baker Hughes collaborate to develop reservoir modelling platform
12 September 2013 Royal Dutch Shell and oilfield services supplier Baker Hughes will jointly produce a high-end platform for geological and reservoir...

Rolls-Royce wins $175m Kazakhstan gas pipeline contract
12 September 2013 UK-based power systems provider Rolls-Royce has won a $175m contract from Asia Gas Pipeline (AGP) to supply equipment and related services to power the flow of natural gas through Line C...

Emerald Oil sells non-operated Williston basin assets
11 September 2013 Independent exploration and production operator Emerald Oil has sold all of its non-operated Williston basin acreage in two transactions worth...

Tethys Petroleum receives presidential approval for Chegara oilfields
11 September 2013 Presidential approval has been issued to Tethys Petroleum for a production enhancement contract (PEC) for the Chegara group of oil fields in the the Bukhara-Khiva oil and gas region in...

Africa Oilfield Logistics subsidiary secures two-year contract in Kenya
10 September 2013 Ardan Risk & Support Services, a subsidiary of Africa Oilfield Logistics has signed a two-year contract with an unnamed African oil company to build well sites and associated infrastructure for...

Royal HaskoningDHV to commence survey for Trans Adriatic Pipeline
10 September 2013 Trans Adriatic Pipeline (TAP) has authorised Royal HaskoningDHV (RHDHV) to start surveys for collecting detailed information on the landowners living along the project for its 870km...

Calfrac to acquire operating assets of Mission Well Services
09 September 2013 Oilfield services company Calfrac Well Services has entered into an agreement to acquire all of the operating assets of US-based hydraulic fracturing and coiled tubing services provider...

Gastar to acquire majority working interest in WEHLU block for $187.5m
09 September 2013 US-based oil and natural gas explorer Gastar Exploration will acquire a 98.3% working interest (80.5% net revenue interest) in 24,000 acres of the West Edmund Hunton Lime Unit (WEHLU) block...

Hoover Energy expands crude oil gathering business in Delaware basin, US
06 September 2013 Hoover Energy Partners has announced the execution of three new substantial crude oil gathering agreements in the southern Delaware basin with its affiliate Hoover Energy Texas....

Oasis Petroleum to acquire acreage in Williston basin, US
06 September 2013 US-based exploration and production company Oasis Petroleum has entered into purchase and sale agreements to acquire around 161,000 net acres in the Williston basin for approximately...

Laclede Gas acquires Missouri Gas Energy assets for $975m
05 September 2013 US-based Laclede Gas has completed its previously announced acquisition of the assets of Missouri Gas Energy from Energy Transfer...

PVR Partners to build Hess gas gathering system in US
05 September 2013 Energy provider Hess Corporation has acquired the services of US-based PVR Partners to build, own and operate a 45-mile natural gas trunkline and associated gathering pipelines and facilities...

KMP and Valero complete Parkway Pipeline in US
04 September 2013 US-based Kinder Morgan Energy Partners (KMP) and Valero Energy have completed the construction of the $250m Parkway Pipeline in the...

Bellatrix completes asset sale and joint venture with Daewoo and Devonian subsidiaries
04 September 2013 Bellatrix Exploration has announced the asset sale and establishment of a joint venture (JV) with the Canadian subsidiaries of Daewoo International and Devonian Natural Resources Private Equity...

Petroceltic International spuds first well in Kurdistan drilling campaign
03 September 2013 Irish oil and gas company Petroceltic International has spudded the Shakrok-1 well, the first in its drilling campaign of the Kurdistan region of...

Japex and Petronas start production at Garraf oil field in Iraq
03 September 2013 Japan Petroleum Exploration (Japex) has announced the commencement of oil production at the Garraf oil field located in Thi Qar Province,...

Clean Energy subsidiary secures order to supply CNG compressors in China
02 September 2013 IMW Industries, a subsidiary of Clean Energy Fuels, has signed an agreement with China Gas Holdings to supply around 416 natural gas compressors and related technologies for approximately...

OMV discovers gas and condensate at Mehar block in Sindh Province, Pakistan
02 September 2013 OMV (Pakistan) Exploration has discovered gas and condensate at the Sofiya-2 exploration well in the Mehar exploration license of Sindh...

August 2013

Top

Apache signs agreement with Sinopec to establish oil and gas partnership
30 August 2013 US-based oil and gas company Apache has established a global strategic partnership with Sinopec International Petroleum Exploration and Production to pursue joint upstream oil and gas...

Bengal Energy reports increased production in Cuisinier wells, Australia
30 August 2013 Bengal Energy has announced record production volumes of about 1,936 barrels of oil per day in July from 11 of 14 wells located in the Cuisinier area in the Cooper Basin,...

Whiting Petroleum to acquire oil and gas assets in Williston Basin, US
29 August 2013 US-based oil and gas company Whiting Petroleum has signed a purchase and sale agreement with a private party to acquire approximately $260m of oil and gas...

Energen to sell US Black Warrior Basin assets
29 August 2013 US-based oil and gas company Energen has signed an agreement to sell its Alabama Black Warrior Basin coalbed methane assets for approximately...

ONEOK Partners to buy natural gas assets in Powder River Basin, US
28 August 2013 US-based ONEOK Partners has signed an approximately $305m agreement to acquire Sage Creek plant and related natural gas gathering and natural gas liquids (NGL) infrastructure in western...

GE’s Waukesha natural gas engines certified by EPA
28 August 2013 The US Environmental Protection Agency (EPA) has certified two of GE's Waukesha natural gas engines for powering drill rigs and oilfield...

Explosion at Indian refinery kills eight with 39 injured
27 August 2013 Eight people have been killed in a major fire that followed an explosion at the Indian state-owned oil company Hindustan Petroleum’s (HPCL) Visakh Refinery in Vizag on...

Enbridge plans $2.5bn US oil pipeline
27 August 2013 Canada-based pipeline transport company Enbridge Energy is planning to construct a 600-mile pipeline to transport crude oil from North Dakota to Superior in...

Rosneft and ExxonMobil to develop LNG plant on Sakhalin Island, Russia
23 August 2013 Rosneft and ExxonMobil have agreed to jointly develop a liquefied natural gas (LNG) liquefaction plant on Sakhalin Island in the Russian Far...

YPF and CNOOC to explore shale fields in Argentina
23 August 2013 Argentine oil company YPF is planning to sign an agreement with China National Offshore Oil (CNOOC) to explore and develop shale oil and gas resources on the Vaca Muerta oil field in the...

STATS Group completes isolation project at Zeeburgge Onshore Gas Terminal
22 August 2013 UK pipeline engineering specialist STATS Group has completed the isolation of a 40in pig trap valve at Zeeburgge Onshore Gas Terminal in Belgium on behalf of Interconnector...

Ecopetrol discovers hydrocarbons in Guainiz-1 well in Colombia
22 August 2013 Colombia-based oil and gas firm Ecopetrol has found hydrocarbons in the Guainiz-1 exploratory well situated in the San Carlos de Guaroa area of Meta Province in...

Prometheus Energy to supply LNG for Antero Resources
21 August 2013 Prometheus Energy Group has signed an agreement with Antero Resources to supply liquefied natural gas (LNG) for drilling rigs at its sites in the Marcellus and Utica shales in the...

Rosneft discovers new oil and gas field in East Siberia
21 August 2013 Russian state oil firm Rosneft has discovered a new oil and gas field at the Mogdinsky license area in East Siberia’s Irkutsk...

ConocoPhillips completes sale of Trinidad and Tobago asset
20 August 2013 US-based exploration and production company ConocoPhillips has completed the sale of its wholly-owned subsidiary Trinidad and Tobago Holdings to National Gas Company of Trinidad and Tobago...

Kitsault Energy partners with Asian firm to develop gas fields in Canada
20 August 2013 Canada-based Kitsault Energy has signed a memorandum of understanding (MOU) with an Asian oil and gas company to develop the Northeast British Columbia and Northwest Alberta Natural Gas (NG)...

Cuadrilla suspends work as UK anti-fracking protests intensify
19 August 2013 Hundreds of protesters have participated in an anti-fracking protest march against Cuadrilla’s oil test drilling at Balcombe in West...

El Paso Pipeline completes open season for gas transportation capacity in US
19 August 2013 US-based Kinder Morgan’s El Paso Pipeline units Elba Express (EEC) and Southern Natural Gas (SNG) have completed open seasons for incremental and long-term gas transportation capacity of around...

Apache agrees to sell Canadian oil and gas assets to Ember Resources
16 August 2013 US oil and gas company Apache has signed an approximately $214m agreement with Ember Resources to sell oil and gas-producing properties located in the Nevis, North Grant Lands and South Grant...

Duma Energy to acquire Hydrocarb Corporation
16 August 2013 US-based Duma Energy has signed an agreement to acquire 100% of outstanding stocks in Houston-based...

UK public opinion divided on fracking according to poll
15 August 2013 An ICM survey commissioned by the Guardian newspaper has found that nearly 40% of UK residents would support hydraulic fracturing in their local area, while 40% said that they would oppose...

Fairbanks to supply crude oil pumps to South American Ayachucho-Covenas pipeline
15 August 2013 Fairbanks Morse Engine, a subsidiary of EnPro Industries, has secured an order from Ecopetrol to supply five two-stroke opposed-piston dual-fuel engine-driven crude oil pump sets and...

USA Compression to buy S&R Compression’s assets
14 August 2013 USA Compression Partners (USAC) has signed an agreement with S&R Compression to acquire 983 compression units for approximately...

Calumet Specialty Products buys crude oil loading facilities from Murphy Oil
14 August 2013 US-based Calumet Specialty Products Partners is to acquire seven crude oil loading facilities and related assets from Murphy Oil USA in North Dakota and...

Constellation Energy to form new business with Sanchez Oil & Gas
13 August 2013 US-based Constellation Energy Partners (CEP) has signed an agreement with Sanchez Oil & Gas (SOG) and its affiliate Sanchez Energy (SEP) to establish a new business, acquiring oil and gas assets...

Inter Pipeline Fund signs transportation agreement with Canadian Natural Resources
13 August 2013 Inter Pipeline Fund has signed a long-term agreement with Canadian Natural Resources (CNR) to transport diluent and bitumen blend for the Kirby South oil sands...

Pembina Pipeline to build new gas plant in Alberta
12 August 2013 Pembina Pipeline plans to build, own and operate an approximately $110m shallow-cut gas plant and associated natural gas liquids (NGL) and gas-gathering pipelines near its existing Musreau...

David Cameron urges UK to accept benefits of fracking
12 August 2013 UK Prime Minister David Cameron has said that the country should accept the benefits of the controversial fracking method of extracting...

ConocoPhillips signs agreement to divest Clyden oil sands asset in Alberta, Canada
09 August 2013 US exploration and production company ConocoPhillips has agreed to sell its Clyden oil sands asset in Alberta, Canada to Imperial Oil and ExxonMobil Canada for approximately...

Siemens to build compressor trains for three LNG plants in China
09 August 2013 Siemens Energy has secured orders from Hangzhou Zhongtai Cryogenic Technology for compressor trains to produce synthetic natural gas for three liquefied natural gas (LNG) plants in...

TransCanada to expand North Montney Mainline project
08 August 2013 TransCanada, through its wholly-owned subsidiary NOVA Gas Transmission (NGTL), has agreed for Progress Energy Canada to add gas transportation services for its major pipeline extension of the...

Kinder Morgan Energy and MarkWest Utica EMG to form JV for US projects
08 August 2013 Kinder Morgan Energy Partners and MarkWest Utica EMG have agreed to form a midstream joint venture (JV) for two new projects in Ohio, Texas and...

Africa Oilfield Logistics buys stake in Ardan Risk and Support Services
07 August 2013 Africa Oilfield Logistics has signed an agreement to acquire a 49% interest in Ardan Risk and Support Services, which has operations in Kenya, Ethiopia and...

FormCap to buy petroleum leases in Cowley County, Kansas
07 August 2013 US oil and gas exploration and development company FormCap has signed a letter of intent (LOI) to purchase around 1,500 acres of petroleum exploration and development leases from Kerr Energy...

STWA's AOT technology to be used for TransCanada Keystone Pipeline
06 August 2013 US-based developer of energy efficient technologies Save The World Air (STWA) has signed an equipment lease agreement for the TransCanada Keystone Pipeline with an option to...

Northcote Energy completes Little Drum pipeline project
06 August 2013 US onshore oil and gas exploration and production company Northcote Energy has expanded its production capacity by completing the Little Drum pipeline...

Insurgents blow up oil export pipeline in Yemen to halt production
05 August 2013 Oil flow came to a halt after local tribes blew up the main oil export pipeline in Wadi Abida in the Marib province of...

Dejour Energy begins natural gas production at Kokopelli project
05 August 2013 North American independent oil and natural gas exploration and production firm Dejour Energy has started producing natural gas at two of its four new wells in the Piceance Basin and the Peace...

Foster Wheeler wins contract for petrochemical refinery complex in Vietnam
02 August 2013 Swiss engineering and construction entity Foster Wheeler has secured a project management and consultancy services contract for the Nghi Son Refinery and Petrochemical (NSRP) complex in...

Atlas Energy acquires gas assets from EP Energy
02 August 2013 Atlas Energy (ATLS) and its subsidiary Atlas Resource Partners (ARP) have completed the acquisition of a number of US natural gas reserves from EP...

KKR signs partnership deal with EXCO Resources
01 August 2013 Kohlberg Kravis Roberts (KKR) has signed a deal with Texas-based oil and natural gas exploration and production firm EXCO Resources to become its acquisition and development partner in the...

Questar subsidiary buys additional interest in Wyoming basin
01 August 2013 US-based Questar subsidiary Wexpro will acquire an additional interest in natural gas-producing properties in the southwestern Trail Unit of the Vermillion Basin in Wyoming, US, for...

July 2013

Top

BP records below-expectation Q2 profits of $2.7bn
31 July 2013 British multinational oil and gas firm British Petroleum (BP) has reported a profit of $2.7bn for the second quarter (Q2) of 2013, against $3.6bn in the same period of...

Black Raven signs merger agreement with EnerJex Resources
31 July 2013 US-based onshore oil company EnerJex Resources has signed a merger agreement to buy oil and natural gas exploration and production company Black...

Repsol may sell $6bn of interest in Gas Natural Fenosa
30 July 2013 After closing an agreement to sell liquefied natural gas assets to Royal Dutch Shell, Spanish oil and gas company Repsol may sell its approximately $6bn interest in utility company Gas Natural...

Myanmar-China natural gas pipeline commences operations
30 July 2013 The Myanmar-China natural gas pipeline has been launched and has commenced operations in Mandalay, northern Myanmar, delivering gas to...

Anti-fracking campaigners protest against Cuadrilla’s shale gas drilling
29 July 2013 Anti-fracking campaigners staged a protest in the UK last week, successfully blockading a Cuadrilla Resources drill site near the village of Balcombe in...

Enbridge plans Woodland pipeline extension
29 July 2013 Enbridge has announced that it will go ahead with plans to extend the Woodland pipeline in Canada from Cheecham terminal to Edmonton terminal, connecting the refineries and export pipelines in...

India in negotiations to supply Pakistan with LNG through new pipeline
26 July 2013 India's state-controlled gas company GAIL is currently negotiating with Pakistan to export natural gas via a new pipeline, to reduce energy shortages in the neighbouring...

Cairn plans $3bn investment to increase oil production in India
26 July 2013 Cairn India plans to increase its crude production by investing approximately $3bn into its energy assets in India as well as developing the successful Barmer blocks in Rajasthan...

Cuadrilla Resources plans to drill exploratory UK oil well
25 July 2013 UK-based fracking company Cuadrilla Resources is expected to receive permission from the Environment Agency by the end of the week to drill an exploratory oil well near the village of Balcombe...

Wood Group PSN secures LPG project contract in Papua New Guinea
25 July 2013 UK-based Wood Group PSN (WGPSN) has secured a contract from Esso Highlands, a subsidiary of Exxon Mobil, to provide engineering, procurement, construction and maintenance services to a...

Goodrich Petroleum to acquire oil assets in Tuscaloosa Marine Shale, US
24 July 2013 Goodrich Petroleum has signed an agreement to acquire interests in producing properties and around 185,000 net acres in the Tuscaloosa Marine Shale Trend (TMS) for approximately...

Crestwood Midstream Partners acquires stake in Jackalope Gas Gathering Services
24 July 2013 US-based Crestwood Midstream Partners has completed the acquisition of a 50% interest in Jackalope Gas Gathering Services from RKI Exploration & Production, for approximately...

Richfield Oil & Gas buys acreage in Utah, US
23 July 2013 Richfield Oil & Gas has acquired around 4,800 net acres of oil and gas leaseholds in central...

Williams Partners seeks approval to develop natural gas service in US
23 July 2013 Williams Partners has said that its Transco natural gas pipeline has filed an application with the Federal Energy Regulatory Commission (FERC) to expand a compressor station in the Southeast US...

South Sudan to halt oil production by end of July
22 July 2013 South Sudan Oil Minister Stephen Dhieu Dau said that the country plans to completely shut down its oil production by the end of July, due to a dispute over alleged support for rebels...

Yokogawa to develop onshore underground gas storage facility in the UK
22 July 2013 A UK-based subsidiary of Yokogawa Electric has signed an agreement with SSE Hornsea to upgrade an onshore underground gas storage facility located at Atwick in East...

UK announces huge tax breaks for fracking firms
19 July 2013 The UK Chancellor of the Exchequer George Osborne has announced an unprecedented tax break for the fracking industry in an effort to increase Britain's energy...

Gas and fuel pipelines attacked in Syria
19 July 2013 Militants have destroyed gas and fuel pipelines in Syria which supply power stations in the southern part of the...

Strike Energy signs gas supply deal with Orica Australia
18 July 2013 Australia-based Strike Energy has signed an agreement with Orica Australia to supply 150 Petajoules (PJ) of gas from PEL...

Chevron and YPF to develop shale oil and gas assets in Neuquén province, Argentina
18 July 2013 A Chevron subsidiary has signed an agreement with Argentine oil company YPF to develop shale oil and gas resources on Vaca Muerta formation in the Neuquén province,...

BreitBurn Energy acquires Whiting Oil and Gas assets in Oklahoma, US
17 July 2013 US-based BreitBurn Energy Partners has completed the approximately $846m acquisition of oil properties from Whiting Oil and Gas in the Postle and North East Hardesty oil...

Atlas Pipeline Partners to build new cryogenic processing plant in Permian Basin
17 July 2013 US-based Atlas Pipeline Partners plans to build a new cryogenic processing plant in West Texas with an investment between $100m and...

Kodiak Oil & Gas acquires oil assets in Williston Basin
16 July 2013 US-based Kodiak Oil & Gas has completed the acquisition of core Bakken and Three Forks producing properties and an undeveloped leasehold in the Williston Basin from Liberty Resources...

Reliance Gas secures licence to build new gas pipeline in India
16 July 2013 India-based Reliance Gas Pipelines (RGPL) has secured a licence to build a new pipeline to transport coal bed methane gas (CBM) from Sohagpur block in the state of Madhya...

PetroChina secures approval to acquire interest in Canning Basin in Australia
15 July 2013 New Standard Energy has announced that PetroChina has secured approval from the Chinese and Australian federal governments to acquire a 29% interest from ConocoPhillips in the company's...

PetroVietnam plans to increase crude oil output by 2015
15 July 2013 Vietnamese state-owned PetroVietnam has said it plans to produce about 20 million metric tonnes (mt) or 146,000 barrels per day (b/d) of crude oil by...

DNO International wins onshore exploration block in Yemen
12 July 2013 Norway-based oil and gas company DNO International has been awarded an onshore block by the Ministry of Oil and Minerals in the Republic of...

Sundrop Fuels awards engineering contract for gasoline facility to IHI E&C
12 July 2013 Sundrop Fuels has selected IHI E&C International as the contractor for its inaugural gas to gasoline plant project at Alexandria in...

GE Oil & Gas unit Lufkin-RMT launches new manufacturing facility in US
11 July 2013 US-based Lufkin-RMT, a subsidiary of GE Oil & Gas, has opened a new manufacturing facility in Allegany County, New...

Petrel Energy to commence drilling on Uruguay shale basin
11 July 2013 Australia-based Petrel Energy has announced plans to begin testing for oil and gas potential at the 3.5 million acre Norte Basin in Uruguay in...

Global oil companies wish to develop TAPI gas pipeline
10 July 2013 A host of international oil companies have shown an interest in forming a consortium to help build the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, according to US Assistant...

Canacol Energy begins production at Labrador 3 well in Llanos Basin, Colombia
10 July 2013 Canacol Energy has started production at the rate of 1,460 barrels of oil per day (BOPD) in the Labrador 3 well, located at the LLA23 exploration and production contract in the Llanos Basin,...

Cuadrilla Resources seeks approval for shale gas fracking in Lancashire, UK
09 July 2013 UK energy company Cuadrilla Resources has announced that it will apply for planning consent to undertake hydraulic fracturing and testing of the shale at its Grange Hill exploration well...

China National Petroleum to finance $12bn Pacifico oil refinery project in Ecuador
09 July 2013 Ecuador’s government has announced that China National Petroleum (CNPC) will finance the construction of a $12bn refinery project in the...

Santos to buy gas assets in Cooper Basin, Australia
08 July 2013 Australian oil and gas company Santos has signed an agreement with Drillsearch to acquire 60% interest and assume operatorship in the PEL106A and PEL513 permits, both located in the Cooper Basin...

Alberta commits $5bn for TransCanada's Energy East pipeline
08 July 2013 The Alberta government has committed $5bn to TransCanada’s Energy East pipeline, which will transport bitumen from the Alberta oilsands to refineries in Quebec and New...

Caza Oil & Gas begins production at Bone Spring well in Lee County, New Mexico
05 July 2013 US-based Caza Oil & Gas has commenced production at the daily rate of 334 barrels of oil and 337,000ft³ of natural gas in the Lennox State Unit 32 number 2H horizontal Bone Spring well in...

Africa Oil begins production at Ngamia-1 well in Kenya
05 July 2013 Canada-based Africa Oil has begun production at the rate of 3,200 barrels of oil per day (BOPD) in the Ngamia-1 well on Block 10BB in...

Chesapeake Energy to sell oil and gas assets in US for $1bn
04 July 2013 Chesapeake Energy has signed an agreement with EXCO Operating to sell its assets in the Northern Eagle Ford Shale and Haynesville Shale for approximately...

Gastar Exploration signs agreement to sell non-core acreage in Oklahoma, US
04 July 2013 US-based energy company Gastar Exploration has signed an agreement with an undisclosed third party to sell its interests in around 76,000 net acres in the counties of Kingfisher and Canadian...

Rosneft acquires additional stake in Itera Oil and Gas for $2.9bn
03 July 2013 Russian state-controlled oil company Rosneft has acquired the remaining 49% interest in Itera Oil and Gas Company for...

Statoil acquires operatorship in Eagle Ford asset in Texas, US
03 July 2013 Norway-based oil and gas company Statoil has acquired operatorship for all activities in the eastern part of its Eagle Ford asset in Texas,...

Chesapeake Energy establishes Mississippi Lime JV with Sinopec
02 July 2013 US-based Chesapeake Energy has completed the formation of the Mississippi Lime joint venture (JV) with China-based Sinopec International Petroleum Exploration and...

GE acquires Lufkin Industries for $3.3bn
02 July 2013 US-based GE Oil & Gas has completed the approximately $3.3bn acquisition of Lufkin Industries, which provides artificial lift technologies for the oil and gas...

TAP to supply Azerbaijani gas from Shah Deniz 2 project to Europe
01 July 2013 The UK-based, BP-led Shah Deniz consortium has selected the Trans Adriatic Pipeline (TAP) to supply natural gas from the Shah Deniz stage 2 project to customers in Greece, Italy and south-east...

Bengal Energy to buy further stake in Cuisinier Oil Field, Australia
01 July 2013 Canada's Bengal Energy has signed an approximately A$7.6m ($7m) agreement to buy an additional 5.357% interest in the Cuisinier Oil Field and the Authority to Prospect (ATP) 752P, located in...

June 2013

Top

Uganda, Kenya and Rwanda to build new oil pipelines; South Sudan to gain access
28 June 2013 Uganda, Kenya, and Rwanda have signed a memorandum of understanding (MoU) to construct two new oil pipelines through East Africa, one of which will flow through landlocked South...

UK holds larger deposits of shale gas than predicted, according to government report
28 June 2013 The UK government has released a new report which reveals that shale gas resources in the country may be far greater than previously...

Simba Energy approves production sharing contract in Chad
27 June 2013 Pan-African onshore oil and gas explorer Simba Energy has signed a production sharing contract (PSC) covering three blocks with the Government of...

Woodside Energy to use Rushmore Reviews well abandonment benchmarking process
27 June 2013 Australia-based Woodside Energy has become the latest oil and gas company to employ the abandonment performance review (APR) developed by UK firm Rushmore...

BreitBurn Energy to buy Whiting Oil and Gas assets in Oklahoma, US
26 June 2013 US-based BreitBurn Energy Partners has signed an agreement with Whiting Oil and Gas to acquire their interests in the Postle and North East Hardesty oil fields in Oklahoma, for approximately...

Williams approves Bluegrass Pipeline project in US
26 June 2013 The Williams board of directors has approved the company's US Bluegrass Pipeline project, which will connect supply from the Marcellus and Utica shale-gas areas in the...

Statoil launches new security unit after terrorist attack at In Amenas gas plant
25 June 2013 Norwegian energy company Statoil has launched a security and emergency preparedness unit in response to the January attack by Islamist militants on its In Amenas gas plant in...

Rosneft sign LNG supply deal with SODECO, Marubeni
25 June 2013 Russian state-controlled oil company Rosneft has signed an agreement with Japan-based Sakhalin Oil and Gas Development (SODECO) related to the sale and purchase of liquefied natural gas...

Enbridge shuts down crude oil pipeline in Alberta after leak
24 June 2013 Canada-based Enbridge Pipelines has shut down its Line 37 pipeline in the north of Cheecham in Alberta, due to a leakage of light synthetic...

Rosneft plans to sign $60bn oil deal with China
24 June 2013 Russian state-controlled oil company Rosneft is planning to sign a deal to supply oil to China. The deal is worth approximately $60bn, according to Russian President Vladimir...

Crimson Exploration announces first Buda formation oil discovery
21 June 2013 US-based Crimson Exploration has announced the successful completion of the Beeler #2H well in Dimmit County in Texas, US, at the rate of 859 barrels of oil equivalent per day...

Crestwood Holdings completes acquisition of Inergy
21 June 2013 US-based Crestwood Holdings has acquired Inergy for $80m in cash, as part of a previously announced agreement worth approximately...

Iraqi Kurdistan to build new oil pipeline to Turkey
20 June 2013 Iraqi Kurdistan is planning to construct a new oil pipeline by the end of September, capable of transporting to Turkey approximately 300,000 barrels per day...

Tethys Petroleum plans to drill exploration wells in Doris field, Kazakhstan
20 June 2013 Tethys Petroleum has announced plans to spud the AKD08 exploration well to the south-west of the Doris field in Kazakhstan in early...

EP Energy will sell US gas assets for $1.3bn
19 June 2013 US-based company EP Energy has signed three separate purchase and sale agreements to sell natural gas properties in the country for an estimated...

Tethys Petroleum completes farm-out deal in Bokhtar PSC in Tajikistan
19 June 2013 Tethys Petroleum has completed the farm-out agreement it announced last December with subsidiaries of Total Exploration and Production and China National Petroleum (CNPC) in...

Par Petroleum signs agreement to acquire Tesoro Hawaii
18 June 2013 US-based Par Petroleum has signed an agreement with Tesoro to acquire Tesoro Hawaii for $75m in...

Chevron subsidiary begins LNG production at Angola project
18 June 2013 Cabinda Gulf Oil Company, a subsidiary of energy corporation Chevron, has commenced liquefied natural gas (LNG) production at the Angola LNG...

Centrica buys 25% stake in Bowland exploration licence in England
17 June 2013 UK-based energy utility Centrica has acquired a 25% interest in the PEDL165 or Bowland exploration licence in Lancashire, England, from Cuadrilla Resources and AJ Lucas for £40m in...

Constitution Pipeline seeks approval to build natural gas pipeline in northeastern Pennsylvania
17 June 2013 Constitution Pipeline Company has filed an application with the Federal Energy Regulatory Commission (FERC) for approval to construct a 122-mile pipeline in northeastern Pennsylvania,...

Libya, Tunisia sign oil and gas supply agreement
14 June 2013 Libya has signed an agreement with Tunisia to supply about 450,000 barrels of oil a month until the end of 2013 and 650,000 barrels per month during 2014, at special...

RockBridge Resources to acquire Avatar Energy’s oil and gas assets in Alberta, Canada
14 June 2013 RockBridge Energy Alberta, a wholly-owned subsidiary of Canada-based RockBridge Resources, has signed a purchase and sale agreement with Avatar Energy to acquire its certain oil and gas...

Statoil to acquire PetroFrontier’s interest in Southern Georgina acreage, Australia
13 June 2013 Norway-based energy company Statoil has signed an agreement with PetroFrontier (PFC) to acquire 80% of PFC's working interest in the Southern Georgina play in Northern Territory,...

Petronas plans to invest $20bn in LNG project in Canada
13 June 2013 Petronas is planning to invest around $20bn in its liquefied natural gas export project in west...

GE to supply Waukesha gas engines to Howard Midstream Energy Partners
12 June 2013 US-based multinational conglomerate GE has said that it will deliver three of its ecomagination qualified Waukesha 16-V 275GL+ gas engines to Howard Midstream Energy...

Americas Petrogas discovers new production areas in Medanito Sur block, Argentina
12 June 2013 Canada-based Americas Petrogas has discovered four new production areas in three regions of the Medanito Sur block in...

Atlas Resource Partners to acquire gas reserves from EP Energy
11 June 2013 US-based Atlas Energy said that its E&P subsidiary Atlas Resource Partners (ARP) has signed an acquisition agreement worth about $733m, with EP Energy E&P Company, a wholly-owned subsidiary of...

Bengal Energy commissions Cuisinier to Cook pipeline in Cooper Basin, Australia
11 June 2013 Canada-based oil and gas company Bengal Energy has commissioned the Cuisinier to Cook liquids pipeline, located on the Barta sub-block of Authority to Prospect (ATP) 752P in the...

Centrica plans to acquire a stake in Bowland shale from Cuadrilla Resources
10 June 2013 British Gas owner, Centrica, is in ongoing negotiations with Cuadrilla Resources about acquiring stakes in the Bowland shale in the north-west of...

Pacific Connector files application to build gas pipeline system in Oregon, US
10 June 2013 US-based Pacific Connector Gas Pipeline has filed an application with the Federal Energy Regulatory Commission (FERC) for an approval to construct, own and operate a natural gas...

Larsen Toubro Arabia secures engineering, construction contract from Saudi Aramco
07 June 2013 Larsen Toubro Arabia has secured an engineering, procurement and construction (EPC) contract from Saudi Aramco worth...

Australia holds vast shale gas prospect, lacks proper infrastructure, says report
07 June 2013 A new report from Australian Council of Learned Academies (ACOLA) has stated that Australia contains around 1,000 trillion cubic feet of untapped shale gas, but requires effective...

BP, ExxonMobil and ConocoPhillips to make additional investments in Alaska, US
06 June 2013 BP, ExxonMobil and ConocoPhillips are planning to invest an additional $1bn in the next five years on the North Slope of Alaska, after being encouraged by Alaska's new industrial oil tax...

Petrofac JV secures engineering and construction contract to develop Bab Field in UAE
06 June 2013 UK-based Petrofac has announced that its joint venture (JV) with Mubadala Petroleum, Petrofac Emirates, has secured an onshore engineering, procurement and construction (EPC) contract worth...

Contact Exploration signs agreement to supply LNG to E.ON
05 June 2013 Pieridae Energy has signed a long-term sales agreement with E.ON Global Commodities SE (E.ON), a subsidiary of...

Total plans to partner with Exxon Mobil and Kufpec to explore oil in South Sudan
05 June 2013 France-based oil company Total plans to establish partnership with US-based Exxon Mobil and Kuwait-based Kufpec to explore oil in Jonglei state in South...

Freeport-McMoRan Copper & Gold acquires Plains Exploration & Production for $16.3bn
04 June 2013 US-based Freeport-McMoRan Copper & Gold (FCX) has completed the acquisition of Plains Exploration & Production Company (PXP) for about...

Tesoro acquires BP’s Carson refinery, related assets in US for $2.4bn
04 June 2013 BP has completed the sale of its Carson refinery and related logistics and marketing assets in California, US, to Tesoro for about...

MarkWest Utica EMG develops Utica Shale midstream system in US
03 June 2013 US-based MarkWest Utica EMG, a joint venture of MarkWest Energy Partners and The Energy and Minerals Group (EMG), has announced plans to expand its large-scale midstream system in the southern...

Pioneer Natural Resources sells interest in Wolfcamp Shale assets
03 June 2013 US-based Pioneer Natural Resources has completed the divestment of its 40% interest in the horizontal Wolfcamp Shale play in the southern portion of the Spraberry Trend Area Field for about...

May 2013

Top

MasTec buys Big Country Energy Services in Canada
31 May 2013 US-based MasTec has acquired Canada-based oil and gas pipeline and facility construction services company Big Country Energy Services and its affiliated operating firms for about...

WBI Energy plans new natural gas pipeline in US
31 May 2013 US-based WBI Energy, a subsidiary of MDU Resources Group, is planning to build a new natural gas pipeline from western North Dakota to western Minnesota, at an investment of between $650m and...

Williams, Boardwalk Pipeline Partners sign agreement to develop Bluegrass Pipeline in US
30 May 2013 US-based Williams and Boardwalk Pipeline Partners have signed a joint venture (JV) agreement to develop Bluegrass Pipeline in the...

TECO Energy to buy New Mexico Gas for $950m
30 May 2013 US-based TECO Energy has signed a stock purchase agreement with Continental Energy Systems and its subsidiary New Mexico Gas Intermediate (NMGI) to acquire New Mexico Gas Company (NMGC) for...

Rosneft plans to acquire Itera gas firm for $3bn
29 May 2013 Russia-based state-controlled oil company Rosneft is planning to acquire local gas firm Itera for $3bn in a bid to strengthen its presence and challenge Gazprom's industry...

GE to invest billions to improve fracking
29 May 2013 US-based multinational conglomerate GE is planning to invest billions of dollars to improve...

Rampart Energy signs agreement to explore in Alaskan North Slope in US
28 May 2013 Australia-based Rampart Energy has signed an agreement with US-based Royale Energy to conduct petroleum exploration in the onshore North Slope of...

Beach Energy begins second fracture stimulation programme in Cooper basin, Australia
28 May 2013 Australia-based Beach Energy has drilled the Boston-2 vertical well in PEL 218, located in Cooper Basin, to a total depth of 3,803m, as part of its onshore gas exploration...

Gazprom Neft to upgrade Moscow oil refinery in Russia for $1.5bn
24 May 2013 Russian oil producer Gazprom Neft said that it will invest RUB50bn ($1.5bn) to upgrade its Moscow oil refinery between 2013 and...

Caballo Energy commences production at Carmen gas processing plant in the US
24 May 2013 US-based midstream services company Caballo Energy has commissioned the Carmen gas processing plant in Alfalfa County, Oklahoma,...

Puralube Holding to build waste oil recycling plant in Germany
23 May 2013 Puralube Holding plans to invest €40m to build a waste oil recycling plant at Zeitz Chemical and Industrial Park in...

Pioneer Natural Resources begins production at Wolfcamp Shale well in Texas, US
23 May 2013 US-based oil and gas company Pioneer Natural Resources has commenced production at the rate of 1,572 barrels oil equivalent per day (BOEPD) in the Mabee K #1H well at the Wolfcamp Shale in...

US Government approves $10bn LNG export facility in Texas
22 May 2013 The US government has given its approval to the $10bn liquefied natural gas (LNG) export facility in Texas, to export LNG to countries which do not have free trade agreement (FTA) with the...

Tesoro Logistics amends agreement with Chevron for Northwest Products System
22 May 2013 US-based Tesoro Logistics (TLLP) has amended the purchase agreement of Chevron Pipe Line’s Northwest Products System from $400m to...

OMV Petrom to redevelop Oprisenesti oil reservoir in Romania
21 May 2013 OMV Petrom said that it will invest €90m to redevelop the Oprisenesti oil reservoir, located in the Braila County in...

Petrominerales secures onshore blocks in Bahia, Brazil
21 May 2013 Petrominerales has secured three blocks, including Block REC-T 106 and Block REC-T 107 in the Recôncavo Basin and Block TUC-T 177 in the Tucano Basin of Bahia state, onshore...

Severn Glocon secures LNG contract in Australia
20 May 2013 UK-based control valve specialist Severn Glocon has secured a contract to supply 536 engineered control valves for the processing plant on the Ichthys project onshore LNG facilities in...

Tethys Petroleum signs agreement to explore Bayterek block in Uzbekistan
20 May 2013 Tethys Petroleum (TPL) has signed a protocol of intent (POI) with Uzbekistan-based national holding company Uzbekneftegaz (UNG), to carry out exploration work on the Bayterek block in the...

TransCanada to divest stake in GTN and Bison pipelines for $1bn
17 May 2013 TransCanada has signed an agreement with TC PipeLines to sell a 45% interest in both the Gas Transmission North-West (GTN) pipeline and the Bison Pipeline for...

UK indicates support for EU to import Canadian tar sands
17 May 2013 Leaked reports seen by The Guardian show that the UK has rejected a proposal in European Union (EU) negotiations to classify oil from tar sands as highly polluting, giving a strong indication...

Qatar Petroleum plans to extend oil and gas deal with Centrica in North America
16 May 2013 Qatar Petroleum International (QPI) is planning to extend its new deal with UK-based Centrica, by buying more gas or tight oil resources across North...

Turkey to participate with Exxon Mobil in oil exploration in northern Iraq
16 May 2013 A Turkish firm will form a partnership with the Kurdistan Regional Government (KRG) and Exxon Mobil to carryout oil exploration in northern...

Neste Jacobs and Global Oil Shale sign agreement to collaborate on oil shale development
15 May 2013 Finland-based Neste Jacobs and Global Oil Shale Group (GOS) have signed an oil shale development and engineering...

Chevron completes first stage farm-in deal with Beach Energy in Australia
15 May 2013 Australia-based Beach Energy and Beach group subsidiaries have signed an agreement with Chevron Australia Exploration and Chevron Australia Holdings for Chevron to farm-in to its joint ventures...

Turkey to support Iraq in building new oil and gas pipelines
14 May 2013 The government of Turkey has said it is willing to help Iraq build more pipelines, which it needs to export its crude to world markets as it prepares to ramp up production....

Kairiki Energy signs agreement to acquire onshore oilfields in northern China
13 May 2013 Australia-based Kairiki Energy has signed a memorandum of understanding (MOU) with Beijing Junlun Runzhong Science & Technology and Hefei Xinxin Petrochemical to acquire two onshore oilfields...

Exxon Mobil, Qatar Petroleum sign agreement to transport LNG to UK
13 May 2013 US-based Exxon Mobil and Qatar Petroleum have signed an agreement to transport liquefied natural gas (LNG) to...

Armada Oil begins production enhancement programme in Louisiana, US
10 May 2013 US-based oil and gas company Armada Oil has commenced a programme to increase current production in its fields located in Plaquemines and Lafourche Parishes in Louisiana,...

MarkWest Energy acquires midstream assets in Anadarko Basin
10 May 2013 US-based MarkWest Energy Partners has signed an agreement with Chesapeake Energy to acquire certain midstream assets in the Anadarko Basin in the US for...

Apache begins production at wells in Western Desert, Egypt
09 May 2013 US-based Apache has begun production at a combined rate of 1,625 barrels of oil and 18.7m cubic ft (MMcf) of natural gas per day in the NRQ 3151-1X well, from two intervals of Jurassic Lower...

San Leon Energy agrees to provide fracturing services in Baltic Basin, Poland
09 May 2013 Ireland-based San Leon Energy has signed an agreement with United Oilfield Services (UOS) to provide hydraulic well fracturing services for its Baltic Basin wells in...

Eni discovers new gas at Kirthar Foldbelt field in Pakistan
08 May 2013 Eni has announced it has discovered new gas in the Sukhpur block at the Kirthar Foldbelt in...

Wood Group-CCC secures commissioning services contract from Shell Iraq Petroleum
08 May 2013 Wood Group-CCC (WGCCC), a subsidiary of Wood Group PSN (WGPSN) and Consolidated Contractors Company (CCC) has received a commissioning services contract from Shell Iraq Petroleum...

India to resume Peace pipeline discussions with Iran
07 May 2013 The Indian government has expressed its willingness to resume discussions over the extension of the Iran-Pakistan gas pipeline, also known as the Peace...

Blueknight Energy, Silverado Pipeline to jointly develop crude oil pipeline in Texas, US
07 May 2013 US-based Blueknight Energy Partners (BKEP) has announced that it will establish a joint venture (JV) with Silverado Pipeline to co-develop and reactivate a 200-mile crude oil pipeline...

TransCanada to build Heartland Pipeline and TC Terminals projects for $900m
03 May 2013 TransCanada has signed an agreement to build and operate the proposed Alberta-based Heartland Pipeline and TC Terminals projects for...

PetroBakken reports rise in first quarter production
03 May 2013 Canada-based oil and gas company PetroBakken has reported average production of 49,078 barrels of oil equivalent in the first quarter of 2013, a 4% rise compared to fourth quarter of...

Regency Energy completes acquisition of Southern Union Gathering for $1.5bn
02 May 2013 US-based Regency Energy Partners has completed the acquisition of Southern Union Gathering Company from Southern Union Company for about...

Kinder Morgan Energy buys Copano Energy for $5bn
02 May 2013 US-based Kinder Morgan Energy (KMP) has completed the acquisition of Copano Energy for about $5bn....

Santos to invest in drilling and appraisal programme in Mereenie field, Australia
01 May 2013 Australia-based Santos is planning to invest about $100m in a drilling and appraisal programme in the northern territory of onshore Mereenie field in Amadeus Basin, over the next 12...

Rosneft, Mitsui sign agreement to build petrochemical project in Japan
01 May 2013 Russia-based Rosneft and Japan-based Mitsui have signed a Memorandum of Understanding (MoU) to develop a petrochemical project called Far East Petrochemical Company...

April 2013

Top

BP’s earnings rise in first quarter; TNK-BP deal lifts profit
30 April 2013 UK-based oil and gas company BP has reported a $4.2bn profit in the first quarter of 2013, which is an increase compared to $3.9bn in the fourth quarter of last year, but a fall from the $4.7bn...

ExxonMobil commences production at Kearl oil sands project in Alberta, Canada
30 April 2013 US-based ExxonMobil has begun production of mined diluted bitumen from the first of three froth treatment trains at the Kearl oil sands project in Alberta,...

Kulczyk Oil Ventures sign deal to buy Winstar Resources
29 April 2013 Canada-based oil and gas company Kulczyk Oil Ventures (KOV) has signed an agreement to acquire Winstar Resources for...

DualEx Energy signs agreement to buy additional interest in PetroHungaria
29 April 2013 Canada-based oil and natural gas reserves company DualEx Energy International has signed an agreement to buy an additional 29.56% interest in its partially owned operating subsidiary in...

Cabot Oil & Gas begins production at Marcellus Shale in Pennsylvania, US
26 April 2013 US-based Cabot Oil & Gas has commenced gas production at the rate of 16.3 million cubic ft (Mmcf) per day with nine fracture stimulation (frac) stages at Marcellus Shale in northeast Pennsylvania,...

Jindal Petroleum finds crude oil in Georgia; plans to invest in block development
26 April 2013 India-based Jindal Petroleum, a subsidiary of Jindal Steel and Power (JSPL), has discovered crude oil in one of its blocks in Georgia and has announced plans to invest an additional $100m...

OCP Pipeline to transport crude oil from Colombia
25 April 2013 Colombia-based Vetra Exploracion y Produccion has signed an agreement with Ecuador-based pipeline operator Oleoducto de Crudos Pesados (OCP) to carry crude oil from southern...

Petroamerica begins oil production at Maracas-8 well in Colombia
25 April 2013 Petroamerica has begun oil production at the rate of 3,250 barrels per day in the Maracas-8 well on the Las Maracas Field, Los Ocarros Block in...

TAG Oil drills Ngapaeruru-1 exploration well in East Coast Basin, New Zealand
24 April 2013 Canada-based TAG Oil has commenced drilling at the Ngapaeruru-1 exploration well, located in the East Coast Basin of New...

EPA criticises State Department’s review of Keystone pipeline
24 April 2013 On Monday the US environment regulatory, the Environmental Protection Agency (EPA), criticised the State Department's environmental impact review of the Keystone XL pipeline, which will...

Valero implements Praxair’s CONOx technology at refinery in Ardmore, US
23 April 2013 Praxair and Valero have worked together to implement Praxair’s new CONOx emissions control technology at Valero’s refinery in Ardmore, Oklahoma,...

Petromanas Energy completes casing of Shpirag-2 Well in Albania
23 April 2013 Canada-based oil and gas company Petromanas Energy has completed casing of Shpirag-2 well to the top of the main objective carbonate reservoir at a depth of 5,164m in...

Genie Energy signs agreement to develop oil shale resources in Mongolia
22 April 2013 Genie Oil Shale Mongolia, a subsidiary of Genie Energy, has signed a five year agreement with the Petroleum Authority of Mongolia (PAM) to explore and evaluate the commercial potential of oil...

Drillsearch Energy to start Bauer-to-Lycium oil export pipeline in Australia
22 April 2013 Australia-based Drillsearch Energy has announced that Beach Energy will commission the Bauer-to-Lycium oil export pipeline in South...

GE introduces new LNG In A Box system for fuelling stations
19 April 2013 US-based GE Oil & Gas has introduced a small-scale, plug-and-play, re-deployable liquefied natural gas solution called LNG In a Box, which will allow the use of natural gas as a cost-effective...

Crimson Exploration begins production at Mosley Woodbine oil well in Texas, US
19 April 2013 US-based Crimson Exploration announced that it has commenced production at the Mosley B #1H Woodbine oil well, located in the Madison County, Texas,...

Asset Guardian Solutions secures software management tool contract from Stena Drilling
18 April 2013 UK-based Asset Guardian Solutions (ASGL) has received a contract from Stena Drilling for an undisclosed...

Global Partners secures approval to construct natural gas loading station in Bangor, US
18 April 2013 Global CNG, a subsidiary of US-based Global Partners, has obtained approval from the Bangor Planning Board, to construct and operate a compressed a natural gas (CNG) loading station in Bangor,...

Centrica, Qatar Petroleum sign deal to acquire gas and crude oil assets in Canada
17 April 2013 UK-based Centrica and Qatar Petroleum International (QPI), a wholly-owned subsidiary of Qatar Petroleum (QP), have signed an agreement, to acquire natural gas and crude oil assets and...

Atlas Pipeline Partners to buy Eagle Ford midstream business for $1bn
17 April 2013 US-based Atlas Pipeline Partners has signed an agreement to acquire 100% of equity interests in the Eagle Ford midstream business from TEAK Midstream, for $1bn in...

Uganda signs refinery and pipeline deal worth $12bn
16 April 2013 The Ugandan government has signed an agreement with Tullow Oil, Total and China National Offshore Oil (CNOOC) to construct an export pipeline and refinery at an investment worth...

Nigeria loses billions in revenue due to oil theft in the Niger Delta
16 April 2013 Royal Dutch Shell said that oil theft in the Niger Delta, Nigeria, is costing the country billions of dollars a year in lost revenue, as well as putting tremendous pressure on Shell Nigeria...

Williams Partners to provide gas gathering, processing services in two American states
15 April 2013 US-based Williams Partners has joined with Shell to provide gas gathering and gas processing services to various producers, including Shell, in wet-gas areas of Marcellus and the Utica Shale....

Greek parliament approves intergovernmental agreement on Trans Adriatic Pipeline
15 April 2013 The Greek Parliament has approved the Intergovernmental Agreement (IGA) between Albania, Italy and Greece, related to the construction and operation of the Trans Adriatic Pipeline (TAP)...

Petrofac consortium secures $3.7bn Upper Zakum field development contract in Abu Dhabi
12 April 2013 UK-based Petrofac has said that its joint venture company with Mubadala Petroleum, Petrofac Emirates, has received a contract worth $3.7bn from Zakum Development Company (ZADCO), for...

APA Group divests Moomba Adelaide pipeline system for $400m
12 April 2013 Australia-based APA Group has announced the divestment of its Moomba Adelaide Pipeline System (MAPS) to QIC Global Infrastructure (QIC) for...

Aventa Systems receives contracts from Talisman, Dana Petroleum
11 April 2013 UK-based integrated production data solutions specialist Aventa Systems has secured two specialist contracts from Talisman Sinopec Energy and Dana Petroleum, worth about...

New research identifies fracking as ‘not significant’ cause for earthquakes
11 April 2013 A new research published in the Journal of Marine and Petroleum Geology has said that fracking is not an important cause for earthquakes that can be felt on the...

GE to buy Lufkin Industries for $3.3bn
10 April 2013 US-based GE has decided to acquire Lufkin Industries, a provider of artificial lift technologies for the oil and gas industry, for about...

Iraq, Jordan sign agreement to build new oil, natural gas pipeline
10 April 2013 The Iraqi ministry of oil said on Monday that Jordan and Iraq have signed an agreement to build a double pipeline that will supply the Kingdom with crude oil and natural...

NuVista Energy signs agreement to transport, process Wapiti Montney gas production
09 April 2013 Canada-based NuVista Energy has signed an agreement with Keyera to transport and process the Wapiti Montney condensate-rich natural gas...

Yamal-Europe 2 pipeline project could be complete by 2019
09 April 2013 The second branch of the gas route of Gazprom's Yamal-Europe 2 pipeline project could be completed by 2019 and requires investment worth...

TAG Oil completes Cheal infrastructure expansion project in New Zealand
08 April 2013 TAG Oil has completed the Cheal infrastructure expansion project in Taranaki, New...

UK launches consultation to review oil stocking system
08 April 2013 UK’s Department of Energy and Climate Change (DECC) has launched a new consultation to review the oil stocking system in the...

Exxon Mobil begins replacement of oiled lawns at Arkansas; pipeline still shut
05 April 2013 Exxon Mobil has commenced digging the oiled lawns at the Arkansas neighbourhood where a crude oil pipeline was ruptured on 29 March 2013, in order to replace them with fresh sod. The...

Shell to sell its Geelong refinery in Australia
05 April 2013 Shell has announced that it will sell its Geelong refinery in Australia, as part of its global strategy to focus investment on large-scale...

Midstates Petroleum to buy oil assets in the Anadarko Basin, US
05 April 2013 US-based Midstates Petroleum has signed an agreement with Panther Energy and its partners, Red Willow Mid-Continent and LINN Energy, to acquire oil producing assets in the Anadarko Basin in...

Crimson Exploration begins production at Woodbine formation in Texas, US
04 April 2013 US-based Crimson Exploration has commenced production at the Nevill-Mosley #1H well in Woodbine formation, Texas,...

Hess signs agreement with OAO LUKOIL to sell Samara-Nafta in Russia
03 April 2013 US-based energy company Hess has announced it has this week signed an agreement with OAO LUKOIL to sell its Russian subsidiary, Samara-Nafta, for...

Portland natural gas transmission system begins continent to coast pipeline expansion project
03 April 2013 US-based portland natural gas transmission system (PNGTS) has announced a 45-day binding open season for its continent to coast (C2C) expansion project, to increase capacity on its...

Chevron signs agreement with Chubu Electric Power to supply LNG
02 April 2013 US-based energy company Chevron said that its Australian subsidiaries have signed sales and purchase agreements with Chubu Electric Power, to supply liquefied natural gas (LNG) from the...

March 2013

Top

Shell receives approval for shale gas production sharing in China
28 March 2013 Royal Dutch Shell has said that it has received approval from the Chinese government for its first shale gas production sharing contract in the...

Hydrocracking capacity expansion to boost diesel output in US, says report
28 March 2013 The expansion of hydrocracking capacity in the US Gulf Coast (USGC) will increase diesel output and will fulfil Latin America’s diesel import requirement in 2013, according to Energy...

Albania approves tri-lateral agreement on Trans Adriatic Pipeline project
27 March 2013 The Albanian Parliament has approved the Intergovernmental Agreement (IGA) signed between Albania, Italy and Greece, related to the construction and operation of the Trans Adriatic Pipeline...

Pacific Rubiales Energy secures permission for Quifa exploration area in Colombia
27 March 2013 Canada-based Pacific Rubiales Energy has received environmental permits from the relevant Columbian authority to expand activities in the Quifa Hydrocarbon Exploitation Area in southern...

Bengal Energy begins drilling at exploration well in Cooper Basin, Australia
26 March 2013 Canada-based oil and gas company, Bengal Energy, has commenced drilling on the Cuisinier 7 appraisal well, located in the Barta sub-block of Authority to Prospect (ATP), Cooper Basin,...

Centrica signs agreement with Cheniere to buy LNG
26 March 2013 UK-based Centrica has signed a 20-year agreement with Cheniere Energy Partners to buy 91,250,000 mmbtu or 89 billion cubic ft of annual liquefied natural...

Rosneft, BP complete TNK-BP deal
25 March 2013 Russia-based Rosneft has paid $16.65bn to UK-based BP, as part of the sale and purchase agreement of TNK-BP, which was announced in October...

Interconnector restarts gas flow at Bacton Terminal in England
25 March 2013 UK-based Interconnector (IUK) has said that it has restored full flow of gas at the Bacton Terminal in...

TAG Oil starts new exploration drilling in Sidewinder field, New Zealand
22 March 2013 Canada-based TAG Oil announced that it has commenced drilling of Sidewinder-A5 and Sidewinder-A6 step-out wells in the Sidewinder oil and gas field in New...

Domtar launches commercial lignin production plant in US
22 March 2013 Canada-based Domtar has inaugurated a commercial-scale lignin separation plant at its North Carolina mill in Plymouth,...

GE Oil & Gas secures service contract for LNG plant in Australia
21 March 2013 US-based GE Oil & Gas has signed a 22-year contractual service agreement (CSA) with QGC, to provide advanced technology services to the Queensland Curtis LNG (QCLNG) plant located on the east...

UK introduces tax breaks in 2013 budget to encourage shale gas exploration
21 March 2013 The UK government in its 2103 budget has introduced a series of new tax breaks to encourage shale gas exploration in the...

Rangeland Energy acquires acreage to develop terminal facility in New Mexico
20 March 2013 US-based midstream company Rangeland Energy has acquired 770 acres near Loving in New Mexico, US, to develop a large terminal facility to handle crude oil, frac sand and...

Europa Oil & Gas begins 2D seismic analysis on PEDL licence in England
20 March 2013 Europa Oil & Gas announced that it has commenced acquisition of 78km line of 2D seismic on PEDL 181 licence, located in east Lincolnshire,...

DNV KEMA launches new multiphase flow laboratory in the Netherlands
19 March 2013 Netherlands-based energy consulting and testing and certification company DNV KEMA has opened a new multiphase flow laboratory (MPFL) in Groningen, the...

New World Oil and Gas receives 25% interest in Danica Resources project, Denmark
19 March 2013 New World Oil and Gas has announced that the Danish Energy Authority has approved its 25% working interest in Licence 1/08 of the Danica Resources project in Denmark, to its wholly-owned...

Spectra Energy completes acquisition of Express-Platte Pipeline System
18 March 2013 US-based Spectra Energy has announced that it has completed the acquisition of the Express-Platte Pipeline System, for...

Petromanas to conduct flow test at Shpirag-2 well in Albania
18 March 2013 Canada-based oil and gas company Petromanas Energy has announced that it has taken additional steps to reduce instability in the lower flysch shale zone above the target carbonate reservoir in...

Eni JV begins production on Junín-5 oil field in Venezuela
15 March 2013 Italy-based oil and gas company Eni announced that PetroJunín has commenced production on the Junín-5 giant heavy oil field, located in the Faja del Orinoco block in...

Northcote to begin fracture stimulation on exploration wells in Horizon Project, US
15 March 2013 Northcote has announced it will commence fracture stimulation at the Big Hill #1 well in Horizon Project, Osage County, US, from 18 March...

Lockheed Martin to develop liquefied natural gas tanks in Louisiana, US
14 March 2013 US-based Lockheed Martin said that it will use its know-how in manufacturing space shuttle external tanks to develop liquefied natural gas (LNG) tanks, for storage and transportation at...

Crestwood Midstream Partners to provide gas compression services in Antero, US
14 March 2013 US-based Crestwood Midstream Partners has announced that it has signed an agreement with Antero Resources Appalachian, to provide natural gas compression services on gas acreage in...

Ryder, Eagle Distributing sign first gas lease agreement in Louisiana, US
13 March 2013 Ryder System has announced that it has signed a full-service lease agreement with Eagle Distributing of Shreveport for 23 compressed natural gas (CNG)...

Construction begins on Iran, Pakistan gas pipeline project
13 March 2013 Iran and Pakistan have officially inaugurated the construction phase of a gas pipeline project, which will bring Iran’s gas reserves to...

Linde wins gas receiving facility construction contract from Gassco
12 March 2013 Norway-based Gassco has awarded an engineering, procurement and construction (EPC) contract to Linde Engineering Dresden, to build a new gas receiving facility in Emden,...

Titan Energy to drill Warradarge-1 exploration well in Australia
12 March 2013 Australia-based oil and gas company Titan Energy said that it has received final approval to drill the Warradarge-1 exploration well, located in the North Perth Basin licence DR11, in...

Repsol and Alliance Oil commence gas production at Syskonsyninskoye field, Russia
11 March 2013 Repsol and Alliance Oil have commenced commercial gas production on the Syskonsyninskoye (SK) field in the Khanty-Mansiysk region,...

New World Oil and Gas secures additional working interest in Danica Jutland project, Denmark
11 March 2013 New World Oil and Gas said that the Danish Energy Authority, has approved an additional 12.5% working interest in licences 1/09 and 2/09 of the Danica Jutland project, to the company’s...

Zeta Petroleum tests Jimbolia-100 well in Romania
08 March 2013 Zeta Petroleum said that log results from the Jimbolia-100 appraisal well, located on the Jimbolia oil concession in Romania, has showed presence of hydrocarbons in multiple...

Dana Gas begins gas production on Allium-1 fields in Egypt
08 March 2013 UAE-based natural gas company Dana Gas has commenced gas production on the West Sama-1 and Allium-1 fields in...

GE Oil & Gas secures service contract extension for Sakhalin-2 LNG project in Russia
07 March 2013 US-based GE Oil & Gas has secured a 16-year service contract extension, worth $333m, for the Sakhalin-2 liquefied natural gas (LNG) plant in Sakhalin Island,...

GE to provide electric motors for bitumen refinery in Canada
07 March 2013 US-based GE’s Power Conversion business will supply electric motors for a bitumen refinery in Canada, which is a joint venture between North West Redwater Partnership and Canadian Natural...

Shell to build liquefaction units for LNG transport corridors in North America
06 March 2013 Netherlands-based Shell and its affiliates plan to build two small-scale liquefaction units, which will supply liquefied natural gas (LNG) fuel to marine and heavy-duty on-road customers in...

Essar Energy obtains environmental consent for Raniganj gas field, India
06 March 2013 Mauritius-based and India-focused integrated energy company Essar Energy has received phase III environmental permission for its coal bed methane (CBM) gas field at Raniganj, in the Indian state...

Max Petroleum to receive approval for appraisal extension licence in Kazakhstan
05 March 2013 Max Petroleum has said that the Ministry of Oil and Gas of the Republic of Kazakhstan (MOG) will clear various regulatory approvals for the block's appraisal extension (A&E) licence in...

New World Oil and Gas begins drilling at Rio Bravo well in north-west Belize
05 March 2013 New World Oil and Gas has announced it has commenced drilling on Rio Bravo 1 well at the Blue Creek Project in north-west...

Kinder Morgan Energy completes acquisition of 50% stake in El Paso Natural Gas Company
04 March 2013 Kinder Morgan Energy Partners (KMP) has announced that it has completed the acquisition of a 50% stake in El Paso Natural Gas Company (EPNG) and a 50% interest in former El Paso midstream assets...

Imperial Oil acquires a 50% stake in Celtic Exploration
04 March 2013 Imperial Oil, a Canadian subsidiary of ExxonMobil Canada, has acquired a 50% stake in Celtic Exploration for CAD1.6bn...

US crude output hit a 20-year high in 2012, says EIA
01 March 2013 A rise in shale oil production boosted US crude oil output to a 20-year high in 2012, a report from the The Energy Information Administration (EIA) has revealed....

Santa Maria begins drilling at Calacho Well in Colombia
01 March 2013 Canada-based oil and gas company Santa Maria Petroleum announced that Omega Energy, the operator of Llanos 21 block, has commenced drilling at Calacho No. 1 well in Llanos basin in...

February 2013

Top

Energy Innovation Centre announces funding for innovative ideas in electricity and gas market
28 February 2013 UK-based Energy Innovation Centre (EIC) has announced that it will provide funding in 2013 totalling over £36m, to innovators with unique ideas for the electricity and gas...

New World Oil and Gas acquires 75% interest in Blue Creek project in Belize
28 February 2013 New World Oil and Gas announced that it has received a 75% working interest in the Blue Creek project, located in the Petén Basin in north-west...

Americas Petrogas finds light oil in exploration well in Argentina
27 February 2013 Americas Petrogas has said that it has found light oil in the LHo.x-1 well of Totoral block, located in the south-western region of the Neuquen Basin, Argentina....

OptaSense receives security contract to protect Bijwasan pipeline in India
27 February 2013 UK-based subsidiary of QinetiQ, OptaSense, has received a contract from Bharat Petroleum Corporation (BPCL) to protect the Bijwasan pipeline in...

Rolls-Royce secures contract to supply equipment for Turkmenistan-China gas pipeline project
26 February 2013 US-based global power systems company Rolls-Royce has received a $40m contract to supply equipment and related services for the Uzbekistan section of the Turkmenistan-China natural gas...

NET Midstream to construct natural gas pipeline system to Mexico
26 February 2013 US-based NET Midstream, a wholly-owned subsidiary of NET Holdings Management said that it will construct a 124-mile and 42in diameter Net Mexico natural gas pipeline system on the Texas /...

Titan Energy drills exploration well on dome oil field in Texas, US
25 February 2013 Australia-based oil and gas company Titan Energy has drilled the JT Reese #S1 well on the Allen Dome salt dome oil field in Texas,...

Gran Tierra Energy begins production at exploration well in Peru
25 February 2013 Canada-based oil and gas company Gran Tierra Energy has completed initial testing at the Vivian Formation sandstone reservoir in the Bretaña Norte 95-2-1XD exploration well in...

Safety and recruitment challenges receive priority at Australasian Oil and Gas Exhibition
22 February 2013 Safety, resourcing and recruitment challenges are some of the important topics that gained priority on the second day of the Australasian Oil & Gas Exhibition & Conference (AOG) in Perth,...

GE launches technology and learning centre in Australia for oil and gas industry
22 February 2013 US-based General Electric (GE) announced that it has opened a technology and learning centre in Jandakot, Western...

Australia's multi-billion dollar projects boost Asia Pacific oil and gas industry: report
21 February 2013 Multi-billion projects in Australia have boosted the oil and gas industry in the Asia Pacific region, despite slowdown in the global economy, according to a new report released by GL Noble Denton....

Northcote Energy to conduct fracture stimulation on horizontal wells in Oklahoma, US
21 February 2013 US-based oil and gas company Northcote Energy said it plans to drill the Burkhart # 1 well on the Horizon project in Osage County, Oklahoma, US, to target the proven Mississippi Lime, Wilcox...

Dejour Energy begins oil production at Woodrush facility, Colorado, US
20 February 2013 Canada-based oil and gas company Dejour Energy has commenced oil production at an average rate of 350 barrels of oil per day at its Woodrush oil production facility in northern BC,...

Salamander Energy's Bualuang oil field in Gulf of Thailand begins production
20 February 2013 UK-based Salamander Energy said the first four wells of the sixteen-well development drilling programme have commenced production at the Bualuang oil field in the Gulf of...

Qatar Petroleum, Total and Q Analytica to conduct joint research programme on petroleum profiling
19 February 2013 Qatar Petroleum (QP), Total E&P Qatar and Q Analytica, have signed a joint research and development agreement on petroleum profiling, a technology that can be used to identify the...

MarkWest and Rex Energy to jointly develop midstream infrastructure in Utica Shale
19 February 2013 US-based MarkWest Utica, a joint venture of MarkWest Energy Partners and The Energy and Minerals Group (EMG), has signed an agreement with Rex Energy to provide gathering, processing,...

Beach Energy's Halifax-1 well in Queensland flows gas
18 February 2013 Australia-based oil and gas company Beach Energy has said that its Halifax-1 unconventional vertical well in ATP 855P in Queensland is currently flowing back...

EXCO Resources completes oil, natural gas partnership with Harbinger Group
18 February 2013 US-based oil and gas company EXCO Resources has announced that it has completed a conventional oil and natural gas partnership agreement with Harbinger Group, and received net proceeds of $725m....

Foster Wheeler signs agreement with Shell to provide engineering services
15 February 2013 Switzerland-based engineering and construction company Foster Wheeler has signed a global enterprise framework agreement (EFA) with Shell Global Solutions...

Buccaneer Energy begins gas production at Kenai Loop well in Alaska, US
15 February 2013 Australia-based Buccaneer Energy said its Kenai Loop #4 well in Alaska, US, has commenced production at an initial rate of two million cubic feet of gas per...

Greece, Italy, Albania sign agreement to support Trans Adriatic Pipeline project
14 February 2013 Greece, Italy and Albania have signed a tri-lateral intergovernmental agreement (IGA) with the aim of providing full support for the Trans Adriatic Pipeline (TAP)...

Tethys Oil finds oil in exploration well in Oman
14 February 2013 Sweden-based energy company Tethys Oil has drilled the onshore block 4 exploration well 4 (B4EW4) in Oman to a total depth of 3,030m, and has encountered oil in four separate...

Gazprom reports drop in net profits in 2012; aims for export rise in 2013
13 February 2013 Russia-based global energy company Gazprom said that its revenues and net profits dropped in 2012, as the company tried to manage its oil-indexed pricing formula with a need to be more...

Petromanas to drill carbonate reservoir zone in Shpirag-2 well in Albania
13 February 2013 Canada-based oil and gas company Petromanas Energy said it has drilled the Shpirag-2 well in Albania to a depth of about...

Fossil Oil discovers two new oil and gas wells in Texas, US
12 February 2013 US-based oil and gas company Fossil Oil has discovered two new wells in Texas, US; Bandit #1 Well in Cook Mountain in Liberty county, and Gary Bryant #1H Well in Brazos...

Gran Tierra Energy discovers oil in Bretaña exploration well in Peru
12 February 2013 Canada-based oil and gas company Gran Tierra Energy has announced that it has drilled and obtained well-log results from the Bretaña Norte 95-2-1XD exploration well in...

Summit Power, Linde Group to capture CO2 from oilfields
11 February 2013 US-based Summit Power Group and The Linde Group have joined forces to develop commercial-scale natural gas-fired power plants, to capture CO2 in depleting...

PetroNeft completes testing of Arbuzovskoye well in Tomsk Oblast, Russia
11 February 2013 PetroNeft Resources has said that it has successfully tested Arbuzovskoye well 112 at an initial rate of 140 barrels of oil per day on licence 61 in the Tomsk Oblast,...

Senex Energy begins well fracture stimulation programme in Cooper Basin, Australia
08 February 2013 Australia-based Senex Energy has begun a large-scale fracture stimulation programme on its unconventional gas exploration wells in the Cooper Basin, South...

Talos Energy completes Energy Resource Technology acquisition
08 February 2013 US-based oil and gas company Talos Energy said its wholly-owned subsidiary, Talos Production, has completed the acquisition of Helix Energy Solutions Group's oil and gas subsidiary, Energy...

Samchully buys 34% stake in Neptune gas processing plant in US
07 February 2013 Samchully Asset Management (Samchully AMC), a subsidiary of Samchully group, has said that one of its funds has acquired a 34% stake in the Neptune gas processing plant (Neptune) from Marathon...

North American Oil and Gas completes testing of 77-20 well in Tejon prospect, US
07 February 2013 North American Oil and Gas (NAMG) has said it has completed initial production testing at its 77-20 well in the Tejon Extension prospect in the San Joaquin Basin of California, US....

Matador Resources announces rise in total oil and gas reserves in 2012
06 February 2013 US-based energy company Matador Resources has said its Eagle Ford shale play in south Texas, US, has total proved 10.5 million barrels of oil and 80 billion cubic feet of natural gas, or...

Neste Oil to build isomerisation unit at Porvoo refinery in Finland
06 February 2013 Global refining and marketing company Neste Oil has announced that it will build an isomerisation unit at its Porvoo refinery in Finland, to increase production of high-octane gasoline and...

BP divests Texas City refinery to Marathon Petroleum for $2.4bn
05 February 2013 Global oil and gas giant BP has announced that it has completed the sale of its Texas refinery and a portion of its retail and logistics network in the south-east US to Marathon Petroleum, for...

Construction of crude stabiliser unit at Iraq’s Khurmala oilfield nears completion
05 February 2013 Construction of the Khurmala crude stabiliser unit for Iraqi oil and gas company KAR Group’s Khurmala oilfield is nearing completion, announced the US-based Ventech Engineers, who are executing...

Pioneer to sell 40% interest in Wolfcamp Shale assets in the US for $1.7bn
04 February 2013 US-based Pioneer Natural Resources has signed an agreement with Sinochem Petroleum, a subsidiary of Sinochem Group, to sell its 40% interest in about 207,000 net acres in the horizontal...

New World Oil and Gas drills Blue Creek well in north-west Belize
04 February 2013 New World Oil and Gas has drilled the Blue Creek 2A ST well to a depth of 11,650ft in the Petén Basin, north-west...

Huge explosion rocks Pemex headquarters in Mexico; kills 25 people
01 February 2013 A huge and deadly explosion has rocked the headquarters of Petroleos Mexicanos (Pemex) in Mexico on Thursday, which has reportedly killed 25 people and injured more than 100...

Tethys Petroleum increases gas price in Kazakhstan
01 February 2013 British Isles-based oil and gas exploration and production company Tethys Petroleum said it has doubled the net selling price of gas in Kazakhstan....

January 2013

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John Crane develops high-temperature fiberod fiberglass sucker rod for upstream oil production
31 January 2013 US-based John Crane Production Solutions (JCPS), a subsidiary of John Crane, has introduced a new high-temperature Fiberod Fiberglass Sucker Rod for use in upstream oil production in shale...

Leni Gas and Oil achieves production target at Goudron field, Trinidad
31 January 2013 UK-based Leni Gas and Oil (LGO) has announced that its Goudron and Icacos Fields in Trinidad have averaged about 170 barrels of oil per day, while production reached about 201 barrels of oil per...

AltaGas, Idemitsu Kosan sign agreement to form JV
30 January 2013 Canada-based AltaGas and Japan's Idemitsu Kosan have signed an agreement to form a joint venture (JV) company called AltaGas Idemitsu joint venture limited partnership....

GE Oil & Gas signs agreement to sell proprietary electromagnetic telemetry technology
30 January 2013 GE Oil & Gas has signed an agreement with Sharewell Energy Services that will give GE exclusive worldwide rights to sell Sharewell's proprietary electromagnetic telemetry (EM)...

Shell, Kinder Morgan to develop liquefaction plant in Georgia, US
29 January 2013 Shell US Gas & Power, a subsidiary of Royal Dutch Shell, and Southern Liquefaction Company, a Kinder Morgan affiliate and unit of El Paso Pipeline Partners (EPB), have announced that they plan...

Canacol Energy discovers oil in Mono Arana 1 well in Colombia
29 January 2013 Canacol Energy has announced that its Mono Arana 1 exploration well has been drilled and cased to a depth of 9,942ft measured depth within the Cretaceous La Luna Formation located in the...

Petroamerica begins drilling of Las Maracas-7 appraisal well in Colombia
28 January 2013 Petroamerica has announced that it has commenced tests and drilling activities in the Las Maracas-7 appraisal well on the Las Maracas field in Los Ocarros Block in...

Cisco Energy announces significant flow rates in Mississippi Lime formation, Oklahoma, US
28 January 2013 Cisco Energy has said that it has resumed strong flow rates in the four operated wells located in the Mississippi Lime formation of the Grant and Garfield county line in northern Oklahoma, US....

Zeta Petroleum to increase gas production at Suceava Concession in Romania
25 January 2013 Zeta Petroleum has announced that its Climauti gas field, located in Suceava gas concession in Romania, is currently producing at 15,500m³/day from Sarmatian sands, at a depth of about...

Jacobs Engineering awarded Pipeline Safety Enhancement Program contract by SoCalGas
25 January 2013 US-based Jacobs Engineering Group has been awarded a project management services contract by Southern California Gas (SoCalGas) for the Pipeline Safety Enhancement Program in...

Caza Oil & Gas begins drilling of 2H horizontal well in Lennox prospect in US
24 January 2013 US-based Caza Oil & Gas has begun drilling of unit 32 No. 2H horizontal well at the Lennox prospect in Lea County, New Mexico,...

WPX Energy discovers shale gas in Niobrara formation in Colorado, US
24 January 2013 US-based WPX Energy has announced that it has discovered shale gas at an initial rate of 16 million cubic feet per day at a flowing pressure of 7,300 pounds per square inch at the Niobrara...

Eni, PetroVietnam sign MoU to develop business prospect in Vietnam
23 January 2013 Italy-based oil and gas company Eni and Vietnam's state oil firm PetroVietnam have signed a memorandum of understanding (MoU) to develop business potential in Vietnam and abroad....

Rise in unconventional oil and gas exploration boosted US economy in 2012, says report
23 January 2013 The rise in unconventional oil and gas exploration added $62bn to the US federal and state treasury in 2012 and created nearly 1.7 million jobs, according to a new study published by...

Upstream mergers and acquisitions activity hit $232bn in 2012, says study
22 January 2013 Scotland-based energy and mining research consultancy group Wood Mackenzie has said that a record $232bn was spent on upstream mergers and acquisitions (M&A) activity in...

DNV, Korea Gas sign agreement for feasibility study on LNG bunkering infrastructure in Korea
22 January 2013 Norway-based DNV has signed an agreement with Korea Gas (KOGAS) to jointly conduct a feasibility study to set up an LNG bunkering infrastructure in Korea. ...

Algerian gas field hostage toll rises
21 January 2013 The death toll of the four-day siege at the In Amenas gas field in Algeria is now said to be about 80 people, making it one of the worst international hostage crises in...

Galp Energia begins production at hydrocracking complex Sines refinery in Portugal
21 January 2013 Galp Energia has annnounced that the hydrocracking complex installed at its Sines refinery in Portugal has started commercial...

Hostage crisis at In Amenas gas field worsens after Algerian forces storm facility
18 January 2013 The hostage crisis in In Amenas gas field in Algeria has taken a bloody turn after Algerian military entered the complex and began an operation to free hundreds of hostages held by...

NRI launches Energy Technology forum on LinkedIn
18 January 2013 NRI digital has launched a LinkedIn group to unite professionals across all energy sectors for the opportunity to network and discuss today's most important energy technologies and issues....

Rolls-Royce to supply equipment for PetroChina's West-East Pipeline Project in China
18 January 2013 UK-based power systems company Rolls-Royce has been awarded a $75m contract by PetroChina to deliver equipment and related services to power the flow of natural gas through Line 3 of the...

Militants attack In Amenas gas field in Algeria, seize foreign hostages
17 January 2013 Islamist militants attacked the In Amenas gas field in Algeria yesterday, killing one Briton and an Algerian, and holding at least twenty western contractors hostage. ...

JP Energy Development to build interstate crude oil pipeline in Kansas, US
17 January 2013 US-based crude oil midstream company JP Energy Development, a subsidiary of JP Energy Partners, has signed a 15-year agreement with Tug Hill Operating to develop the new interstate crude...

Dana Gas attains added value from NGL plant in Ras Shukheir, Egypt
16 January 2013 UAE-based Dana Gas said that it has processed a combined 12,340t of propane (10,500t) and Butane (1,840t) in the first three months at its Egyptian Bahrain Gas Derivatives (EBGDCo) natural...

Miller Energy completes drilling, tests oil at CPP-H-1 well in Tennessee, US
16 January 2013 US-based Miller Energy has completed drilling and tested water-free oil production at its CPP-H-1 well in the Mississippian Age Fort Payne formation in Tennessee,...

Kodiak to operate seven rigs in Williston Basin in North Dakota, US
15 January 2013 US-based Kodiak Oil & Gas has announced it will continue with its plan to operate seven rigs in 2013, three rigs of which are currently located in the Polar project area in southern...

Iran to build natural gas pipeline across Iraq and Syria border
15 January 2013 Iran is planning to build a new pipeline across the Iraq-Syria border in order to provide gas to three gas-burning power plants in neighbouring...

Comet Ridge drills Mira 5 well in Bowen Basin in Queensland, Australia
14 January 2013 Australia-based coal seam gas explorer Comet Ridge has drilled the Mira 5 well at its ATP 337P Mahalo asset in Bowen Basin, Queensland,...

Halliburton develops new dual-fuel technology to power fracturing treatments
14 January 2013 US-based Halliburton, along with partners Apache and Caterpillar, has developed a new dual-fuel technology to power pumping equipment deployed in fracturing treatments using a combination...

Santos awards Jacobs development study contract in Cooper Basin, Australia
11 January 2013 US-based Jacobs Engineering Group has secured a contract from Australia-based domestic gas producer Santos, to provide the concept development study for its Cooper gas growth (CGG)...

Paramount Resources confirms oil reserves at Grand Rapids formation in Canada
11 January 2013 Cavalier Energy has confirmed oil reserves at the Grand Rapids formation in its 100% owned in-situ oil sands leases in the Hoole area of Alberta, Canada, through independent...

Trelleborg secures three contracts for LNG projects in Australia
10 January 2013 Sweden-based Trelleborg has received three contracts to provide docking and mooring equipment and monitoring software to major LNG projects on on Curtis Island, Queensland,...

Atlas Resources Partners to increase oil and gas production in Fort Worth Basin, US
10 January 2013 US-based Atlas Resource Partners (ARP) will increase oil and gas net production in 2013 by 50% compared to the annualised third quarter net production in...

FES International secures contract for Ichthys LNG Project in Australia
09 January 2013 UK-based FES International has been awarded a contract by McDermott for the Ichthys LNG Project in...

Gran Tierra Energy completes oil flow tests in Moqueta-7 well in Colombia
09 January 2013 Canada-based oil and gas company Gran Tierra Energy has completed oil flow testing of the Moqueta-7 well in Putumayo Basin,...

Primary Petroleum completes phase I exploration in southern Alberta basin, US
08 January 2013 Canada-based oil and gas company Primary Petroleum has completed its phase I exploration programme in the southern Alberta Basin Fairway in NW Montana, US, at an investment of...

Green Field Energy Services and GE signs natural gas powered equipment agreement
08 January 2013 US-based Green Field Energy Services and GE Oil & Gas have signed an agreement to provide low-cost and cleaner burning power generation solutions to the oil and gas...

Torchlight to acquire interest in Finney County acreage in Kansas from Redhawk
07 January 2013 US-based oil and gas company Torchlight Energy has signed an agreement with Redhawk Resources to acquire a working interest in its 15,000 gross acres located in Finney County, Kansas in...

InterOil undertakes wireline logging at Antelope-3 well in Papua New Guinea
07 January 2013 InterOil has said that it is currently undertaking wireline logging at the Antelope-3 well in Papua New Guinea, which has also attained its total depth....

Forest Oil to sell oil and gas assets in Texas for $325m
04 January 2013 US-based Forest Oil has signed an agreement to divest all of its oil and gas properties in south Texas, excluding Eagle Ford Shale oil properties, for...

Zeta Petroleum drills Jimbolia-100 well in Romania
04 January 2013 Zeta Petroleum has announced that it has started drilling the Jimbolia-100 appraisal well, located on the Jimbolia oil concession in...

Petromanas abandons drilling of Juban-1 well in Albania
03 January 2013 Canada-based oil and gas company Petromanas Energy has decided to abandon the Juban-1 well due to the insignificant amounts of hydrocarbons...

QR Energy buys oil properties in Florida's Gulf coast area, US
03 January 2013 US-based QR Energy (QRE) has bought oil properties in the Jay field in the Florida Gulf Coast area, US, from its sponsor Quantum Resources Fund, for...

Resolute Energy buys oil assets in the Permian Basin, Texas, US
02 January 2013 US-based oil and gas company Resolute Energy has signed an agreement to buy a 32% working interest in oil assets, which include existing production and undeveloped acreage in the Permian Basin...

Ramba Energy discovers oil at Lemang Block, onshore Sumatra
02 January 2013 Singapore-based oil and gas exploration and production company Ramba Energy has announced the discovery of 222ft of gross pay at the Lemang Block, onshore Sumatra, Indonesia....

December 2012

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EQT to sell natural gas distribution business for $720m
21 December 2012 US-based EQT has signed an agreement with Peoples Natural Gas to sell its natural gas distribution business, Equitable Gas Company, for...

Senex Energy spuds Panning-2 well in northern Cooper Basin, Australia
21 December 2012 Australia-based Senex Energy has begun drilling of Panning-2 unconventional gas exploration well in northern Cooper Basin permit PEL 90, Australia....

Holly Energy Partners begins initial evaluation of two new proposed pipelines in US
20 December 2012 US-based Holly Energy Partners (HEP) has entrusted URS to undertake the initial round of engineering, routing and cost assessment of two new proposed pipelines in...

Statoil acquires major acreage in Marcellus area, US
20 December 2012 Norway-based oil and gas company Statoil has acquired 70,000 operated net acres in central Marcellus area in Ohio, US, for...

Mesa Energy Holdings begins drilling in Mississippian lime in Oklahoma, US
19 December 2012 US-based oil and gas company Mesa Energy Holdings has commenced drilling of Thomas Unit 6H in its Turkey Creek project in Garfield County, Oklahoma,...

Artek Exploration drills two wells at Inga, British Colombia
19 December 2012 Canada-based oil and gas company Artek Exploration has completed drilling of its sixth and seventh horizontal wells at A13-33-88-23W6 in the Inga area, British...

NFR Energy acquires assets in Anadarko Basin and Eagle Ford shale for $736m
18 December 2012 US-based NFR Energy has completed the acquisition of producing and unused oil and gas properties in the Anadarko Basin and the Eagle Ford shale, for about...

OptaSense expands fracking monitoring operation centres
18 December 2012 UK-based OptaSense, a QinetiQ company, has opened real time operations centres (RTOC) which will deliver advanced fracking monitoring services to customers in the oil and gas industry....

Falcon and Chevron join up to explore Karoo Basin in South Africa
17 December 2012 Ireland-based Falcon Oil & Gas has signed an agreement with Chevron Business Development South Africa to jointly explore Karoo Basin in South Africa....

Gran Tierra Energy allocates $363m for exploration and development operations in 2013
17 December 2012 Canada-based oil exploration company Gran Tierra Energy will spend $363m on exploration and production operations in Colombia, Brazil, Peru and Argentina, in...

Angle Energy to sell gas assets in Alberta, Canada
14 December 2012 Canadian oil and gas company Angle Energy has signed an agreement to sell its non-core natural gas-weighted properties in the Edson area of Alberta, Canada, for $74m. ...

Access Midstream Partners signs agreement to acquire Chesapeake Energy business
14 December 2012 US-based Access Midstream Partners has signed an agreement with Chesapeake Energy to buy Chesapeake Midstream Operating, a wholly-owned subsidiary of Chesapeake Midstream Development, for...

UK gives go-ahead to shale gas fracking, announces new controls
13 December 2012 The UK government has today lifted ban on the use of hydraulic fracking method for shale gas exploration in the country, and also imposed new controls to reduce the risks of seismic...

Oil production begins at Maersk Oil's Dunga Phase II project in Kazakhstan
13 December 2012 Denmark-based oil and gas company Maersk Oil has announced that oil production has begun at its Dunga Phase II project in Kazakhstan, while two additional wells from this project are ready to...

InterOil confirms productive reservoir in Antelope-3 well in Papua New Guinea
12 December 2012 US-based InterOil has conducted a drill stem test in the Antelope-3 well in Papua New Guinea, which confirmed the presence of a productive reservoir with tested natural gas...

Lynden to sell oil and gas assets in Wolfberry Project wells
12 December 2012 Lynden Energy’s subsidiary Lynden USA has signed an agreement with BreitBurn Energy Partners to sell oil and gas assets in the Wolfberry...

400 Iranian firms to be part of South Pars gas field project
11 December 2012 Around 400 Iranian companies will be taking part in the development of the South Pars gas field by delivering equipment to related...

National Iranian Oil Company to deploy eight drilling rigs in Iran
11 December 2012 National Iranian Oil Company (NIOC) has said that it will deploy eight drilling rigs across the country in 2013, as part of its plan to expand exploration...

Eco-Trade to acquire South Bakken Prospect in Montana, US
10 December 2012 US-based oil and gas company Eco-Trade has signed an agreement to acquire the South Bakken Prospect in Montana, US, for an undisclosed...

Kulczyk Oil discovers seven gas zones in Makeevskoye-16 well in Ukraine
10 December 2012 Canada-based oil and gas company Kulczyk Oil Ventures (KOV) has completed casing of the Makeevskoye-16 (M-16) well in Ukraine to a total depth (TD) of 4,300m, and discovered seven gas-bearing...

Argent Energy Trust business acquires oil properties in Texas, US
07 December 2012 Canada-based Argent Energy (US) Holdings, a wholly-owned subsidiary of Argent Energy Trust, has signed an agreement to acquire petroleum producing properties in Texas, US, from Wapiti Oil & Gas...

Rosneft and ExxonMobil sign agreement to explore oil reserves in Western Siberia
07 December 2012 Russia-based Rosneft has signed an agreement with ExxonMobil to explore the possibility of commercial production of tight oil fields in Western Siberia,...

Kuwait National Petroleum Company offers $528m oil refinery contract to AMEC
06 December 2012 UK-based engineering and project management company AMEC has secured a $528m project management consultancy (PMC) contract from Kuwait National Petroleum Company (KNPC), for a new oil refinery...

PTTEP encounters new oil field in Algeria
06 December 2012 Thailand-based oil and gas exploration company PTT Exploration and Production (PTTEP) has discovered a new oil field from the sixth exploration well in Mouia Aissa-1 (MAS-1), in Hassi Bir...

Strata-X Energy acquires huge acreage in Maverick Oil Project, Texas
05 December 2012 US-based oil and gas company Strata-X Energy has acquired 100% of the exploration rights for leases covering a total of 8,846 net acres in the Maverick Oil Project, Maverick County, Texas,...

Atlas Pipeline Partners to acquire Cardinal Midstream’s operating assets for $600m
05 December 2012 US-based Atlas Pipeline Partners (APL) has announced that it is purchasing all of the operating assets of Cardinal Midstream, a privately-owned midstream operator, for $600m in...

Petromanas spuds Juban-1 well in Albania
04 December 2012 Canada-based oil and gas company Petromanas Energy has initiated drilling of the Juban-1 well on Block A onshore Albania and completed surface casing....

Sulzer to supply pumps for Guangxi Refinery project in China
04 December 2012 Switzerland-based Sulzer Pumps has secured an order to deliver 40 pumps to PetroChina's Guangxi Oil Refinery Project in the Guangxi Province of Southern...

LRR Energy to acquire oil and gas assets from Lime Rock Resources
03 December 2012 US-based LRR Energy (LRE) will buy oil and natural gas assets from Lime Rock Resources in the Mid-Continent region of Oklahoma, US, for...

Rosneft, RusHydro sign oil and gas products supply agreement
03 December 2012 Rosneft has signed an agreement with RusHydro Group to deliver oil and gas products to energy facilities in the Far East Federal District of...

November 2012

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Imperial Oil to acquire 50% interest in Celtic Exploration for $1.5bn
30 November 2012 Canada-based Imperial Oil will aquire a 50% interest in Celtic Exploration from ExxonMobil Canada for...

Athabasca Oil invests $536m to develop Hangingstone project 1
30 November 2012 Canada-based Athabasca Oil has announced that it has approved a budget of $536m to develop the Hangingstone project 1, and will supply a further $27m for setting up supporting...

Big Sky Petroleum acquires interest in Wolfberry Texas assets
29 November 2012 US-based oil and gas exploration and production company Big Sky Petroleum has bought a 90% working interest in about 2,300 acres located in Wolfcamp/Wolfberry block, in southern Midland Basin...

GE’s gas engines to power first LNG drilling rigs in Pennsylvania, US
29 November 2012 US-based energy developer Seneca Resources and Ensign Drilling have set up two GE Jenbacher gas engines to power the first liquefied natural gas (LNG)-fuelled drilling rigs in the Marcellus...

New Zealand gives go-ahead to hydraulic fracking
28 November 2012 New Zealand’s minerals and mining industry body Straterra has welcomed the implementation of hydraulic fracking in an interim report, drafted by Parliamentary Commissioner for the Environment...

OptaSense receives pipeline security contract in Iraq
28 November 2012 UK-based OptaSense has received a pipeline security contract in Iraq, to provide protection to a new 180km pipeline corridor, which is owned and run by the State Company for Oil Projects Iraq...

Linde to build LNG import terminal for Skangass in Sweden
27 November 2012 Germany-based gas and engineering company The Linde Group will build a mid-scale liquefied natural gas (LNG) import terminal for Norway-based Skangass in Lysekil, on the west coast of...

LNG carrier Ob River to become first vessel to cross Arctic in winter
27 November 2012 The Ob River, a large tanker carrying liquified natural gas (LNG), will become the first oil tanker to sail across the Arctic from Europe to...

BreitBurn Energy to buy Belridge Field oil assets in US
26 November 2012 US-based BreitBurn Energy Partners is acquiring key oil assets located in Belridge Field in Kern County, California, US, for about $40m in...

PetroNeft Resources begins production at Arbuzovskoye well 109
26 November 2012 Russia-based PetroNeft Resources has successfully completed drilling of the Arbuzovskoye well 109 at its Arbuzovskoye oil field in the Tomsk Oblast, and has now begun...

Shoreline Energy acquires royalty interest in DJ Basin light oil project in Colorado
23 November 2012 US-based Shoreline Energy has acquired royalty interests in the Wattenberg Colorado light oil project located in the Denver-Julesberg Basin (DJ Basin) for $12.5m, from a private company based...

Statoil signs gas supply agreement with Wintershall
23 November 2012 Norway-based Statoil has signed a ten-year gas sales agreement with Wintershall to supply a total of 45 billion cubic meters of gas to markets in Germany and north-west Europe....

Vanguard Energy posts 13% value rise in proven oil reserves
22 November 2012 US-based Vanguard Energy’s proven oil reserves value has increased to $35.8m based on a PV-10 calculation as of 30 September, a 13% rise compared to the same period last...

Iran drills first development well at South Pars phases 22-24
22 November 2012 Iran has begun drilling of the first development well for the South Pars gas field phases 22-24....

TransCanada acquires BP’s Crossfield gas storage facility in Canada
21 November 2012 TransCanada will buy BP’s 40% share in the Crossfield gas storage facility in Alberta, Canada, for...

Magellan Midstream, Occidental Petroleum to construct BridgeTex pipeline
21 November 2012 Magellan Midstream Partners and Occidental Petroleum have joined forces to construct the BridgeTex Pipeline, a project that will transport Permian Basin crude oil from Colorado City, Texas, US,...

Canuc to begin second well drilling on Walker Buckler Ranch in Texas
20 November 2012 Canuc Resources has announced that it will begin drilling a second well on the Walker Buckler Ranch, located in Shackleford County in north-central Texas,...

Atlas Resource Partners to acquire DTE Gas Resources
20 November 2012 US-based Atlas Resource Partners (ARP) will acquire DTE Gas Resources, a subsidiary of DTE Energy Company, for...

Milagro reports 66% fall in revenues in Q3
19 November 2012 US-based independent energy company Milagro Oil & Gas has posted a net loss of $21.5m for the third quarter, compared to net income of $25m for the same period last...

Turkmenistan to start production at Galkynysh gas field in 2013
19 November 2012 Turkmenistan is planning to start gas production at the Galkynysh field in 2013, which will introduce new US-backed supply routes to Europe and...

Industry poll suggests Iraq can dominate Middle Eastern energy output by 2030
16 November 2012 Iraq has the potential to dominate energy production in the Middle East within 18 years by rapidly developing its oil and gas infrastructure, according to a poll of oil and gas...

Fortescue Metals to invest in shale gas exploration
16 November 2012 Australia-based iron ore company Fortescue Metals is planning to invest $14m in shale gas exploration, in the onshore Canning Basin of Western...

Clough AMEC wins contract extension from Chevron in Western Australia
15 November 2012 US-based Chevron has awarded an extended contract to Clough AMEC, a joint venture of Clough and AMEC, to provide engineering services at oil facilities in Barrow and Thevenard Islands,...

Industry poll suggests UAE adequately investing to become energy self-sufficient
15 November 2012 The United Arab Emirates (UAE) is making adequate investments in asset integrity to become energy self-sufficient, according to a poll of oil and gas professionals conducted at the...

Tethys Petroleum suspends testing of AKD07 well in Kazakhstan
14 November 2012 Tethys Petroleum has decided to temporarily halt testing of the AKD07 well in the Jurassic carbonate in Kazakhstan until options further options have been...

Murphy Oil acquires Shell's assets in Canada
14 November 2012 US-based Murphy Oil, a subsidiary of Murphy Oil Corporation, has signed a deal with Shell Canada Energy to acquire Shell's assets in the Seal Lake area of Alberta,...

Total plans to sell assets in Nigeria to Sinopec
13 November 2012 French oil and gas company Total is considering selling its oil and gas assets in Nigeria to Chinese refining company Sinopec for...

Algeria to increase shale gas production to meet local demand
13 November 2012 Algeria will increase its shale gas production to meet growing demand in the domestic...

Armada Oil signs drilling agreement with Anadarko Petroleum
12 November 2012 US-based oil and gas company Armada Oil has signed a drilling agreement with a subsidiary of Anadarko Petroleum Corporation, covering 8,200 acres in the Niobrara project, southern Wyoming,...

Polar Petroleum introduced in North Slope of Alaska, US
12 November 2012 US-based oil and gas investors Daniel K Donkel and Dr Samuel H Cade have introduced Polar Petroleum, a new independent oil and gas exploration and production entity, in the North Slope of Alaska,...

Legacy Reserves acquires Permian Basin properties for $520m
09 November 2012 US-based oil and gas company Legacy Reserves has acquired Permian Basin oil and natural gas properties from Concho Resources for $520m in...

Fastnet to acquire 50% interest in Morocco’s Merada project
09 November 2012 UK-based Fastnet Oil and Gas has acquired over 50% participating interest in the Merada project onshore...

Magnolia commences drilling on two Jake wells in US
08 November 2012 US-based oil and gas production company Magnolia Petroleum has commenced drilling at the Jake 2-11 1H and the Jake 2-11 TFH wells in Bakken and Three Forks Sanish formations, North Dakota,...

NOVATEK acquires a 49% stake in Nortgas
08 November 2012 Russia-based natural gas producer NOVATEK has acquired a 49% equity stake in ZAO Nortgas from R.E.D.I. HOLDINGS for $1.375m....

Caza begins production at Ridge Bone Spring Test well
07 November 2012 US-based Caza Oil & Gas has begun the production on its Caza Ridge14 State No. 3H horizontal Bone Spring well in New Mexico,...

Pembina to expand NGL and crude capacity on its Peace and Northern pipeline systems
07 November 2012 US-based transportation and midstream service provider Pembina Pipeline intends to expand the natural gas liquids (NGL) and crude and condensate pipeline throughput capacity on its Peace...

Simba Energy finds potential hydrocarbon leads in Kenya
06 November 2012 Pan-African onshore oil and gas explorer, Simba Energy, has found sizeable hydrocarbon leads in its Block 2A, Kenya....

Drillsearch Energy strikes oil at Bauer North-1
06 November 2012 Australia-based Drillsearch Energy has made a new oil discovery at the Bauer North-1 well....

Cosmo Oil intends to restart Chiba operations in January
05 November 2012 Cosmo Oil has announced that it intends to resume operations at its Chiba refinery, located east of Tokyo, Japan, in January 2013....

TransCanada to build $1bn natural gas pipeline in Mexico
05 November 2012 TransCanada's Mexico-based subsidiary, Transportadora de Gas Natural del Noroeste, has won a contract to build a $1bn natural gas pipeline in Mexico starting in El Encino, Chihuahua,...

Intetech andTullow Oil to present paper on well integrity at Abu Dhabi conference
02 November 2012 Intetech will partner with Tullow Oil to present a joint paper examining the tubing life-extension project at Tullow Oil’s Bangora Field in...

Gunvor Group closes borrowing credit facility for Belgian Refinery
02 November 2012 Switzerland-based Gunvor Group has completed an oversubscribed borrowing base credit facility worth $625m with the support of European and international banks in order to carry operations at...

KazTransOil to raise funds through IPO
01 November 2012 KazTransOil has unveiled plans to raise $186m in funds by launching an initial public offering (IPO) to attract private investment....

Spectra Energy to acquire minority interest in Sand Hills and Southern Hills pipelines
01 November 2012 Spectra Energy has reached an agreement to purchase a one-third interest in the Sand Hills and Southern Hills pipelines that are currently under construction in the...

October 2012

Top

Carnarvon, Sun Resources ink farm out deal with Siam Moeco
31 October 2012 Carnarvon Petroleum and its joint venture (JV) partner Sun Resources has farmed out 100% of the L20/50 concession to Siam Moeco...

US East Coast refineries hit by Hurricane Sandy
31 October 2012 Phillips 66's 238,000 barrel per day plant in Bayway, New Jersey, US, has been shut due to flooding in low-lying areas as a result of Hurricane Sandy. There are no immediate plans to restart...

TransCanada forms JV to develop Grand Rapids pipeline system in Canada
30 October 2012 TransCanada has formed a joint venture with Phoenix Energy Holdings to develop the $3bn Grand Rapids pipeline project in Northern Alberta,...

Breitling Oil and Gas drills Breitling-Diego #1 well in US
30 October 2012 Breitling Oil and Gas has drilled the Breitling-Diego #1well in Duval County, Texas,...

Tethys Petroleum unit signs MoU for Bokhtar production sharing contract
29 October 2012 Kulob Petroleum, a subsidiary of Tethys Petroleum has signed a memorandum of understanding (MoU) with an unnamed international oil and gas...

Prometheus Energy signs LNG services agreement with Seneca Resources
29 October 2012 Prometheus Energy Group has entered into a long-term master agreement with Seneca Resources to supply LNG and related equipment and...

Carrizo Oil & Gas forms JV with Haimo Oil & Gas
26 October 2012 Carrizo Oil & Gas has entered into an agreement with Haimo Oil & Gas to form a new joint venture (JV) in the Niobrara play, located in North Dakota,...

Duma Energy confirms presence of crude oil in Owambo Basin
26 October 2012 Duma Energy has announced that a geologic field survey has been undertaken by Hydrocarb Energy in the Owambo Basin in...

Vanguard Energy completes drilling on Batson Dome Field, US
25 October 2012 Vanguard Energy has completed drilling of three new oil wells on the Batson Dome field in south-east Texas, US....

Ceylon Petroleum to shut refinery in Sri Lanka
25 October 2012 Ceylon Petroleum is expected to shut its 50,000 barrels per day oil refinery in Sri Lanka from Friday, for two...

Sempra to construct $1bn pipeline network in Mexico
24 October 2012 Sempra International has announced that its Mexican company, Sempra Mexico, has been awarded two contracts to construct a pipeline network connecting the north-western states of Sonora and...

Quest Petroleum NL given the go-ahead for Indonesian Komering Basin drilling
24 October 2012 Indonesia Energy Regulator has approved plans for drilling of the Kayumanis 1 well in the Indonesian Komering Basin by Quest Petroleum....

Halcón Resources to acquire Williston Basin assets for $1.45bn
23 October 2012 Halcón Resources will acquire producing and undeveloped oil and gas assets in the Williston Basin from Petro-Hunt for a total consideration of...

BP signs agreement with Rosneft for TNK-BP stake sale for $17.1bn
23 October 2012 BP has agreed a heads of terms deal with Rosneft to sell the company its 50% stake in TNK-BP for a total consideration of $17.1bn and 12.4% of shares in...

Exxon Mobil to leave $50bn West Qurna-1 project in Iraq
22 October 2012 US-based Exxon Mobil may leave the $50bn West Qurna-1 project located in southern Iraq over possibility of slim profits from the...

TNK-BP official detained over bribe charges
22 October 2012 Igor Korneev, head of government relations department at TNK-BP Holding, has been detained by the Russian government on suspicion of seeking $6m in bribes to secure government...

South Sudan to restart oil production
19 October 2012 The South Sudanese government has asked oil companies to restart oil production, which will end a nine-month shutdown over a dispute with Sudan over borders and...

Ukraine’s petrol production drops by 40.1% in 2012
19 October 2012 The Ukrainian Energy and Coal Industry Ministry has announced the nations oil refineries and Shebelynka gas processing plant has reduced petrol production by 40.1% or 866,200t in...

ExxonMobil subsidiary to acquire Celtic Exploration
18 October 2012 An subsidiary of ExxonMobil Canada will acquire Celtic Exploration for a total consideration of $3.1bn....

OSO Group plans to build $4.8bn refinery in Indonesia
18 October 2012 OSO Group has unveiled plans to partner with the State Oil Company of the Azerbaijani Republic (SOCAR) to build a $4.8bn oil refinery next to Batam Island in Indonesia....

China National Petroleum begins construction on $19.7bn gas pipeline
17 October 2012 China National Petroleum Corporation (CNPC) has begun construction of a third pipeline to transmit natural gas from the nation's resource-rich western regions to the energy-starved eastern...

New World Oil and Gas plans to reach target depth at Blue Creek Project
17 October 2012 New World Oil and Gas expects to reach the target depth (TD) of 7,000ft at the Blue Creek #2 well on or before 15 November 2012, at the Blue Creek Project in the Petén Basin, north-west Belize....

Longwei Petroleum begins storage depot operations in China
16 October 2012 Longwei Petroleum Investment Holding has announced the commencement of operations at its Huajie fuel storage depot in northern Shanxi Province in...

Tethys Petroleum finds gas pay at Akkulka Block in Kazakhstan
16 October 2012 Initial drilling and electric log results at Tethys Petroleum’s AKD07 exploration / appraisal well in the Akkulka Block, Kazakhstan, has revealed potential...

Gibson Energy to acquire OMNI Energy Services's parent company
15 October 2012 Gibson Energy will acquire all of the issued and outstanding common stock of the parent holding company of US-based OMNI Energy Services, a provider of environmental and production services, for...

Petrobras encounters hydrocarbons in Sergipe-Alagoas Basin
15 October 2012 Petrobras has announced that it has encountered light hydrocarbons in block SEAL-M-426, located in ultradeep waters of the Sergipe-Alagoas...

SemGroup and Gavilon each acquire a 25% stake in Glass Mountain Pipeline
12 October 2012 SemGroup and Gavilon have each acquired a 25% stake in Glass Mountain Pipeline which was previously owned by an affiliate of Chesapeake Energy....

Porto Energy to reach drilling target at Alcobaça-1 well in Portugal
12 October 2012 Porto Energy has said that drilling operations at its Alcobaça-1 (ALC-1) presalt well in Portugal will take another two weeks to reach total...

Gazprom commissions second Nord Stream pipeline link
11 October 2012 One of the world's largest extractors of gas, Gazprom, has put into operation the second string of its Nord Stream gas pipeline in the Portovaya Bay, the Baltic coast of...

Sinopec to build oil storage terminal in Indonesia
11 October 2012 China-based Sinopec will begin building a new oil storage terminal at the Batam free trade zone in...

Questerre Energy to begin fracture stimulation at second Montney well in Canada
10 October 2012 Questerre Energy has unveiled plans to begin multi-stage fracture stimulation at the second Montney well in Alberta, Canada, following completion of...

New World Oil and Gas raises finance for Blue Creek project in Belize
10 October 2012 New World Oil and Gas has raised £8.6m to finance the drilling of a third well at the company’s Blue Creek project in the Petén Basin in north-west Belize....

Russia expects tax breaks for East Siberian licence holders
10 October 2012 The Russian government has introduced a new incentives package designed to boost oil output by 1.4 million to 2 million barrels of oil equivalent per...

Pertamina to build 267km oil pipeline in South Sumatra
09 October 2012 State energy company Pertamina has unveiled plans to invest up to $90m to replace an existing oil pipeline it operates in South...

UK to lift suspension on shale gas exploration
09 October 2012 The head of the UK Department of Energy and Climate Change (DECC) has said the UK may lift restrictions that were imposed on shale gas exploration in...

Braskem Idesa awards $2.7bn contract for pet-chem project in Mexico
08 October 2012 A joint venture formed by Odebrecht, Technip and ICA Fluor has received an engineering, procurement and construction (EPC) contract worth $2.7bn from Braskem Idesa to build a petrochemical...

Oil Basins wins approval for East Blina-1 well in Western Australia
08 October 2012 Oil Basins has secured interim approval from the Department of Mines and Petroleum (DMP) for work related to the East Blina-1 petroleum exploration well within L6 block in the Canning...

Simba Energy to recover strategic oil reserves in Kenya
05 October 2012 Canada-based oil and gas firm Simba Energy announced the completion of passive seismic research at block 2A in Wajir, Kenya, which has indicated large potential of oil...

Russia’s Saratov refinery fire extinguished
05 October 2012 Management at TNK-BP has said that a fire, which occurred at 1100 GMT at the Saratov refinery in Russia has now been...

Atlas Pipeline Partners cryogenic processing plant comes online in US
04 October 2012 Atlas Pipeline Partners new Waynoka II plant located on WestOK gathering and processing system in north-west Oklahoma and southern Kansas has begun operations....

Marathon Oil to acquire 20% stake in South Omo concession, Ethiopia
04 October 2012 Marathon Oil subsidiary Marathon Ethiopia will acquire a 20% stake in South Omo concession in Ethiopia, effective 17 August 2012....

Gobi Energy Partners plugs Ger Chuluu D1 well in Mongolia
03 October 2012 Manas Petroleum subsidiary Gobi Energy Partners has plugged and abandoned the Ger Chuluu D1 well located in the Ger Chuluu sub-basin,...

Africa Oil spuds Paipai-1 well in Kenya
03 October 2012 Canada-based Africa Oil has announced the spudding of the of the Paipai-1 exploration well located in onshore block 10A in...

PetroShale announces initial test results of Mondak field in the US
02 October 2012 PetroShale has announced initial results from drilling activities in its Mondak field which extends from Richland County, Montana, to McKenzie County in North Dakota,...

Sinopec shuts processing unit in China for safety checks
02 October 2012 China-based Sinopec has announced plans by Sinopec Guangzhou Petrochemical plant to shut down a processing unit at the facility, located in Guangzhou...

Oil and gas wells not inspected by regulators, says report by Earthworks
01 October 2012 More than 66,000 active wells weren't inspected by the Pennsylvania Department of Environmental Protection (DEP) in 2011, according to a new report by Earthworks, a non-profit...

Trans Adriatic Pipeline project secures support for commercial activity in Italy
01 October 2012 Switzerland-based Trans Adriatic Pipeline (TAP) announced the signing of a memorandum of understanding (MoU) by the governments of Italy, Greece and Albania confirming their political support...

September 2012

Top

Chevron employees arrested on corruption charges in Indonesia
28 September 2012 Four employees of US oil and gas group Chevron have been detained by government authorities over alleged corruption concerning an environmental remediation project in Sumatra,...

US Bureau of Land Management to hold oil and gas lease sale in Alaska
28 September 2012 US Secretary of the Interior, Ken Salazar, said the Bureau of Land Management (BLM) will hold its second oil and gas lease sale on 7 November 2012 in Anchorage,...

NYTEX Petroleum completes drilling of first vertical well in US
27 September 2012 NYTEX Petroleum, a unit of NYTEX Energy, has announced the completion of its first vertical well located in Jack County, Texas, US, which has been drilled into the Marble Falls formation at a...

Huge shale gas reserves could change Britain’s fortunes, says report
27 September 2012 Britain has a huge untapped shale gas potential that could help the region reduce carbon emissions, bring down energy prices and increase employment, finds a new survey by the Institute...

Soco’s exploration plans in Congo’s national park face opposition from Britain
26 September 2012 London-based Soco International's plans to explore oil in the Democratic Republic of Congo's Virunga National Park are facing stiff opposition by the British...

Atlas Resource Partners acquires assets in Mississippi Lime play, US
26 September 2012 Equal Energy has entered into an agreement to divest its assets located in the Mississippi Lime play in north-western Oklahoma, US, for a total consideration of...

Molopo Energy wins onshore gas production right in South Africa
25 September 2012 Molopo Energy subsidiary Molopo South Africa Exploration has been awarded a production right over an area of approximately 200,000ha in South Africa’s Free State...

DNV launches recommended practice for shale gas extraction
25 September 2012 Det Norske Veritas (DNV), a global provider of services for managing risk, has launched a recommended practice to protect workers and the environment during all stages of shale gas...

Shell fails to make progress on oil spill cleanup in Niger delta
25 September 2012 Shell Petroleum Development Company of Nigeria has not yet made any progress on cleanup efforts following two large crude oil spills from its rusting pipelines near the Ogoni village of Bodo in...

Wood Group to acquire Mitchell's Oil Field Services
24 September 2012 US-based Wood Group will purchase Mitchell's Oil Field Services for an initial consideration of $135m, subject to anti-trust approvals....

Beach Energy begins drilling programme at Cooper / Eromanga basin
24 September 2012 Beach Energy has commenced a ten well drilling programme at its PEL 92 tenement located at the Cooper / Eromanga basin in South Australia....

Foster Wheeler wins contract for PDVSA refinery in Venezuela
21 September 2012 A subsidiary of Foster Wheeler’s Global Engineering and Construction Group has secured a contract for phase I (hydroskimming section) of the new Batalla Santa Ines refinery to be built in...

Exxon Mobil to acquire Bakken assets for $1.6bn
21 September 2012 Exxon Mobil and its wholly owned subsidiary XTO Energy have entered into an agreement to acquire Bakken assets in North Dakota and Montana in the US from Denbury Resources for a total...

Petroleos de Venezuela reports fire at El Palito refinery, Venezuela
20 September 2012 State oil company Petroleos de Venezuela (PDVSA) has been working to put out a fire at its El Palito oil refinery located in Carabobo, Venezuela....

Tethys Oil discovers oil in Oman
20 September 2012 Tethys Oil has discovered a 36m gross oil column at exploration well B4EW3 on Block 4 in...

Caballo Energy to build cryogenic processing plant in US
19 September 2012 Caballo Energy has unveiled plans to build a new cryogenic processing plant near Carmen, Oklahoma, in the...

26 killed in Pemex gas pipeline fire
19 September 2012 Mexico’s state-owned oil company, Petroleos Mexicanos (Pemex) reported 26 deaths as a big fire erupted at a natural gas pipeline distribution center near Mexico’s border with the...

Atlantic Operating closes finance from Natural Gas Partners
18 September 2012 Atlantic Operating has completed a $150m commitment of equity capital from Natural Gas Partners (NGP) through its recently closed fund, NGP Natural Resources...

BowLeven to begin oil exploration in Kenya
18 September 2012 UK-based oil explorer BowLeven has unveiled plans to begin oil exploration in Kenya, after acquiring a 50% stake in onshore exploration block 11b from Adamantine...

ShaMaran Petroleum reports positive oil pay at Atrush-2 well
17 September 2012 ShaMaran Petroleum has announced positive test results from the Atrush-2 appraisal well located in the Kurdistan Region of...

Yemen invites foreign companies to bid for exploration and development rights
17 September 2012 Yemen is seeking bids from international oil companies to participate in the bidding process to explore and develop five oil blocks across the country....

Cutbank Operating to receive funding for drilling programme in US
14 September 2012 X-Change subsidiary, Cutbank Operating, has executed a letter of intent (LOI) with a private oil and gas fund to secure funding for its drilling operations in Daniels County, Montana,...

EnerJex Resources expands Rantoul Project acreage in US
14 September 2012 EnerJex Resources has expanded its Rantoul Project acreage by 6,700 acres in Texas,...

Chesapeake Energy to sell Permian basin assets for $6.9bn
13 September 2012 Chesapeake Energy has signed multiple agreements to sell all of its midstream assets and certain noncore leasehold located in the US Permian basin for a total consideration of...

UOP technology selected for pet-chem production in China
13 September 2012 China-based Heilongjiang Anruijia Petrochemical (HAP) has selected Honeywell's UOP technology for production of components for fuels, synthetic rubber and plastics....

New World Oil and Gas to commence drilling on Blue Creek Project in Belize
12 September 2012 New World Oil and Gas will commence drilling operations at one of three drill-ready prospects identified on the Blue Creek Project located in the Petén Basin in Northwest...

NuVista Energy divests natural gas assets in Canada
12 September 2012 NuVista Energy has divested three natural gas properties located in Wapiti area in Alberta’s Deep Basin for approximately...

FieldPoint Petroleum completes East Lusk well in US
11 September 2012 FieldPoint Petroleum has announced the completion of East Lusk Federal 15 well #2, part of the Lusk Field in Lea County, New Mexico,...

Continental Refining Co. to resume operations in 2012
11 September 2012 Production is set to resume this year at Continental Refining Co., located in Somerset in Kentucky, US....

GAIL India unveils first phase of LNG pipeline
10 September 2012 GAIL India has unveiled the first phase of the 43km pipeline for distribution of re-gasified liquified natural gas (RLNG) across Indian...

BP unveils laboratory for fuel testing in Australia
10 September 2012 BP has unveiled a new $11m laboratory complex equipped with fuel testing facilities at the Kwinana refinery near Perth in...

Rosneft, Transneft to jointly construct pipeline offshoot in Russia
07 September 2012 An agreement has been signed between Rosneft and Transneft to jointly develop an offshoot of the Eastern Siberia - Pacific Ocean (ESPO) trunk pipeline in...

Orca Exploration abandons La Tosca-1 well in Italy
07 September 2012 Tanzania-based Orca Exploration Group has plugged and abandoned the La Tosca-1 exploration well located in the Eastern Po Valley basin, Italy....

Heavy Earth Resources reports drill-ready prospect inventory for Colombia’s Morichito Block
06 September 2012 Heavy Earth Resources has reported new drill-ready prospects from the recently completed 3-D seismic survey of the Morichito Block in the Eastern Llanos Basin of...

TransCanada submits environmental report for Keystone XL Pipeline
06 September 2012 A supplemental environmental report (SER) has been to the Nebraska Department of Environmental Quality (NDEQ) for the preferred alternative route for the Keystone XL Pipeline in Nebraska, US....

Sonde Resources encounters gas pay at Montney well in Canada
05 September 2012 Sonde Resources has encountered high permeability of gas at the 4-19-67-26W5 HZ well in the Ante Creek North area in western Canada....

DTE Energy signs MoU to develop NEXUS gas transmission system
05 September 2012 DTE Energy announced the execution of a memorandum of understanding (MoU) to develop the NEXUS Gas Transmission (NGT) system in US, in partnership with Enbridge and Spectra...

Shell divests stake in Nigerian oil asset
04 September 2012 Shell Petroleum Development Company of Nigeria has completed the divestment of its 30% interest in oil mining lease OML40 located in the Niger Delta....

La Cortez Energy transfers rights in Putumayo-4 block
04 September 2012 La Cortez Energy Colombia, a unit of La Cortez Energy, has transferred its 50% participation right in the Putumayo-4 Block under a joint operating agreement (JOA) to Petroleos del...

Empire Oil & Gas farms out 15% stake in Perth Basin permit
03 September 2012 Empire Oil & Gas has announced the farm out of a 15% interest in exploration permit EP 437 located on the onshore Perth Basin in Australia to Caracal...

Porto Energy begins drilling of Alcobaça-1 well in Portugal
03 September 2012 Porto Energy has begun drilling of the Alcobaça-1 (ALC-1) well located in the Aljubarrota-3 concession onshore Portugal....

August 2012

Top

Cosmo Oil to close refinery in Japan
31 August 2012 Cosmo Oil has unveiled plans to shut down its refinery in Sakaide, Kagawa Prefecture in Japan in July...

NIS to invest in refinery expansion in Serbia
31 August 2012 NIS unveiled plans to invest $100m in its refinery located in the Serbian city of Novi...

Fairborne Energy to divest natural gas assets in Canada
30 August 2012 Fairborne Energy has entered into agreements to divest two dry natural gas assets located in Alberta, Canada, for a total consideration of...

Nostra Terra to acquire Ward Petroleum’s stake in Chisholm Trail Prospect
30 August 2012 Nostra Terra Oil and Gas has signed an agreement with Ward Petroleum to acquire a 20% working interest in the Chisholm Trail Prospect located in Oklahoma,...

Resource Environmental Solutions awards ecological offsets for Keystone Pipeline
29 August 2012 Resource Environmental Solutions (RES) has awarded ecological offsets to TransCanada Keystone for the proposed Keystone Pipeline Gulf Coast project in the...

US Seismic Systems wins order for sensor system
29 August 2012 US Seismic Systems, an Acorn Energy company, has received a $1m order to supply an ultra-high sensitivity fibre optic based sensor system to an unnamed customer....

Crestwood Midstream Partners completes acquisition of midstream assets from Devon Energy
28 August 2012 Crestwood Midstream Partners has completed acquisition of midstream assets from Devon Energy subsidiaries for a cash consideration of...

Elenilto wins bid to operate XIH Oil Block in Georgia
28 August 2012 Elenilto, a global exploration and mining company, has won an international competitive tender conducted by the government of Georgia to operate an oil and gas block in the...

Morgan Stanley Infrastructure takes complete ownership of Southern Star Central
27 August 2012 Morgan Stanley Infrastructure has announced that it has increased its ownership stake to 100% of the common equity of Southern Star Central Corp, parent company of Southern Star Central...

Venezuela’s Amuay plant still burning, fire kills 39
27 August 2012 The deadly fire at the Amuay refinery located west of Caracas in Venezuela, that resulted in the death of 39 people and injured several others, continues into the third...

Emerald Energy begins drilling operations at Maranta Block, Columbia
24 August 2012 Emerald Energy has become drilling operator at Agapanto-1 exploratory well located on the Maranta Block in southwest...

Kinder Morgan Energy Partners to build crude pipeline in the US
24 August 2012 Kinder Morgan Energy Partners is set to invest $90m towards building a 27-mile lateral pipeline for the transportation of Eagle Ford crude and condensate to Phillips 66's Sweeny Refinery...

Simba Energy completes passive seismic survey onshore Kenya
23 August 2012 Pan-African oil and gas explorer Simba Energy has completed the first phase of a passive seismic survey on Block 2A onshore Kenya....

New Standard Energy spuds Nicolay #1 well in Australia’s Canning Basin.
23 August 2012 New Standard Energy has announced the spudding of Nicolay #1 well, part of the Goldwyer Project in Australia's Canning...

Africa Oil spuds Twiga South-1 well in Kenya
22 August 2012 Canada-based oil and gas company Africa Oil announced the spudding of the Twiga South-1 exploration well, located in onshore Block 13T in...

Kinder Morgan Energy Partners to divest assets in $3.3bn deal
22 August 2012 Kinder Morgan Energy Partners has announced the sale of its assets to Tallgrass Energy Partners in a deal worth $3.3bn, following a purchase and sale...

Petroamerica Oil announces drill results of Los Ocarros Block in Colombia
21 August 2012 Petroamerica Oil has announced that its drilling of Las Maracas-4 well on the Los Ocarros Block in Llanos Basin, Colombia, reached a total of 12,522ft measured depth...

Shell to acquire Chevron’s stake in Australian Browse LNG project
21 August 2012 Shell Development has entered into a binding agreement with Chevron to acquire a stake in the Browse LNG project at James Price Point, 60km north of Broome in Western...

Pacific Rubiales receives approval to increase production at Cajua field
20 August 2012 Pacific Rubiales Energy has announced that it has received approval from the Quifa Association Executive Committee to increase production on a portion of the Quifa North block located in Colombia....

Anatolia Energy begins drilling Guvenir-1 well in Turkey
20 August 2012 Anatolia Energy has begun drilling operations at the Guvenir-1 well located on the Antep Licence in...

PEMEX approves use of Chimera Energy shale oil extraction technology
17 August 2012 Mexican state-owned petroleum company PEMEX has approved the use of Chimera Energy's new non-hydraulic shale oil extraction...

Lighthouse Petroleum to begin drilling at Project 1 in US
17 August 2012 The Lighthouse Petroleum’s management has approved budget to begin work for 'Project 1', located in Haskell County, Texas, US, by mid-September 2012....

Arcis Seismic Solutions begins 3D multi-client surveys onshore Canada
16 August 2012 Arcis Seismic Solutions, a wholly-owned subsidiary of TGS, has begun two 3D multi-client surveys onshore...

BCM Energy buys production assets in North Louisiana
16 August 2012 BCM Energy Partners has purchased certain oil and gas leases in Caddo Parish, located in the US state of...

Oando Energy Resources announces drilling results at Ebendo Marginal field
15 August 2012 Oando Energy Resources has announced the initial drilling results from the fourth well drilled at the Ebendo Marginal Field located in Ebendo,...

Sintana Energy begins seismic programme on Bayovar Block, Peru
15 August 2012 Sintana Energy has begun a seismic programme on Bayovar Block XXVII located in the Sechura Basin,...

Trans-Northern Pipelines to employ IFS applications for enterprise asset management
14 August 2012 IFS has been selected by Trans-Northern Pipelines (TNP) to deploy its applications across its portfolio of operations spread across...

BP to sell Carson refinery and assets to Tesoro for $2.5bn
14 August 2012 BP will sell its refinery and related logistics and marketing assets located in California, US, to Tesoro Corporation for $2.5bn, following an agreement between the two...

PetroFrontier Corp to complete drilling operations at Owen-3 well in Australia
13 August 2012 PetroFrontier Corp announced that drilling operations at Owen-3 horizontal well located in Northern Territory, Australia, will be completed in August...

Drillsearch Energy begins production testing at Coolawang Wet Gas Discovery in Australia
13 August 2012 Drillsearch Energy has begun extended production testing (EPT) at the Coolawang wet gas discovery in PEL 106B, located in Australia’s Cooper...

Trans Adriatic Pipeline signs funding agreement with Shah Deniz Consortium
10 August 2012 The Trans Adriatic Pipeline (TAP) has reached an agreement with members of the Shah Deniz Consortium to secure funding for the TAP pipeline...

Bechtel to construct $5.6bn liquefaction trains for Sabine Pass project in the US
10 August 2012 Bechtel has received a full notice to proceed from Cheniere Energy Partners to build two liquefaction trains of the Sabine Pass liquefaction project located in the US....

Parkmead acquires onshore assets from Dyas
09 August 2012 Parkmead has completed the acquisition of a portfolio of onshore assets located in Netherlands from Dyas for a total purchase price of...

AMEC wins remediation contract in Kuwait
09 August 2012 AMEC has received a contract from Kuwait Oil Company (KOC) to provide remediation services for an oil field in...

Explosion shuts Iraqi oil pipeline
08 August 2012 A pipeline carrying oil from Iraq to world markets has been shut by authorities due to an explosion in...

CYGAM Energy reports flow test results of TT-16 well in Tunisia
08 August 2012 CYGAM’s wholly-owned subsidiary CYGAM Energy has announced the flow test results of the TT-16 horizontal well, located in the TT Field in the Bir Ben Tartar (BBT) concession in...

Kulczyk Oil cases Makeevskoye-20 gas well in Ukraine
07 August 2012 Kulczyk Oil Ventures (KOV), a subsidiary of KUB-Gas, has cased the Makeevskoye-20 (M-20) well in the Ukraine to a total depth of 2,000m as a gas well, pending completion for commercial gas...

Kinder Morgan Energy Partners to acquire two natural gas pipelines for $6.22bn
07 August 2012 Kinder Morgan Energy Partners (KMP) will acquire a 100% stake of the Tennessee Gas Pipeline (TGP), as well as a 50% stake in the El Paso Natural Gas (EPNG) pipeline from Kinder Morgan (KMI)...

CNOOC to invest $1.56bn in coal bed methane exploration in China
06 August 2012 China National Offshore Oil Corporation (CNOOC) has signed a contract with China United Coalbed Methane Corporation (CUCMC) to spend $1.56bn in coal bed methane exploration in...

Yemeni refinery resumes oil operations
06 August 2012 Aden Oil Refinery has restarted operations from its main oil refinery located in the port city of Aden, following nine months of suspension due to attacks on the pipeline in the province of Mareb....

Sumitomo to invest $1.4bn in Devon Energy’s assets in the US
03 August 2012 Sumitomo Corporation will invest $1.4bn to acquire a 30% stake in Devon Energy assets located in the US, pursuant to an agreement between the two companies....

Saudi Aramco extends bidding deadline for refinery in Saudi Arabia
03 August 2012 Oil major Saudi Aramco has extended by one month the bidding deadline for the construction of a new refinery in Jizan province of Saudi...

New World Oil inks farm-out agreement with ThermaSource International
02 August 2012 New World Oil and Gas has signed a farm-out agreement (FOA) with ThermaSource International for its Blue Creek Project in north-west...

NNPC acquires onshore block in Nigeria
02 August 2012 State oil company Nigerian National Petroleum Corp (NNPC) has acquired a 55% stake in OML 34, an onshore oil block in Nigeria, from Shell Petroleum Development Corporation, a unit of Royal...

Marathon Oil and Total close agreements for Kurdistan blocks
01 August 2012 Marathon Oil subsidiary Marathon Oil KDV BV has completed farm out agreements with subsidiaries of...

Norwest Energy’s Perth Basin well flows gas
01 August 2012 Norwest Energy is currently flowing gas to surface after the successful hydraulic fracture stimulation of Arrowsmith-2 well in the onshore Perth Basin in...

July 2012

Top

TransCanada and Exxon to seek customer interest in Alaska pipeline project
31 July 2012 TransCanada and Exxon Mobil Corporation have announced that they will seek customer interest in securing capacity on a proposed pipeline to transport natural gas in the US state of...

Comet Ridge signs Australia's Galilee Basin farm-in
31 July 2012 Comet Ridge has signed a farm-in agreement with Queensland Energy Resources (QER) to earn up to a 75% stake in the Lake Galilee farm-in area located in the south-east of permit ATP...

Samsung named preferred bidder for Jamaican LNG project
30 July 2012 Samsung affiliate, Samsung C&T, has been declared the preferred bidder for the development of the liquefied natural gas (LNG) floating storage and regasification terminal in...

TransCanada wins final nod for Gulf Coast Project
30 July 2012 TransCanada Corporation has secured the final approval required to commence construction of its 780km oil pipeline in the coming...

Crosstex Energy completes agreements for Cajun-Sibon expansion project, US
27 July 2012 Crosstex Energy said it has completed long-term supply commitments to begin with the construction of the first phase of its Cajun Sibon natural gas liquids (NGL) pipeline expansion project...

Dart Enery completes Liuling compressed natural gas plant
27 July 2012 Dart Energy and Fortune Oil have said that construction of the independently-owned compressed natural gas (CNG) facility at Liulin, China, has been completed and is now awaiting final...

Total to develop $1.9bn Tempa Rossa oil and gas project
26 July 2012 French oil giant Total has revealed plans to begin development of an onshore oil and gas field in southern Italy estimated to cost €1.6bn...

Nighthawk Energy sees recovery in production at Jolly Ranch
26 July 2012 US-based shale oil company Nighthawk said there was a steady improvement in production during the second quarter of 2012 from its 75% owned and operated onshore project at Jolly Ranch in...

Marathon Oil and Tullow to aquire stakes in Kenyan blocks
25 July 2012 Marathon Oil has said it will acquire an interest in two Kenyan onshore exploration blocks covering more than 11 million gross...

Pacific Rubiales to acquire stake in Colombian exploration block
25 July 2012 Pacific Rubiales Energy Corporation will acquire a 40% participating interest in an onshore exploration block in southern Colombia from Petrolera Monterrico S.A. Sucursal Colombia (Petromont)....

Tanzania starts construction work on natural gas pipeline
24 July 2012 Tanzania has begun construction work on a 532km natural gas pipeline between Mnazi Bay in Mtwara and Dar es...

Drillsearch and Beach Energy strike oil at Bauer oilfield
24 July 2012 Drillsearch Energy and Beach Energy have made a new oil discovery at the Bauer-5 development well location in PEL 91 in South Australia's onshore Cooper...

Comet Ridge encounters gas pay at Mahalo 3 well in Australia
23 July 2012 Comet Ridge has reported positive test results from its Maholo 3 well in the Bowen Basin of Queensland,...

Afren reports additional oil discovery at Kurdistan well
23 July 2012 Independent oil and gas company Afren has reported additional oil flows and positive test results from the Simrit-2 exploration well in the Kurdistan region of...

Gulf Keystone upgrades Iraqi discovery oil estimates
20 July 2012 Gulf Keystone Petroleum Ltd. has announced a major upgrade of the gross oil-in-place volumes at the Shaikan field in the Kurdistan Region of...

Venezuela awards refinery expansion contract
20 July 2012 Venezuela's state-owned oil company Petróleos de Venezuela (PDVSA) has awarded a engineering and construction management for the El Palito Refinery expansion...

Armour Energy reports first McArthur Basin gas reserves in Australia
19 July 2012 Armour Energy has reported its first mean prospective resource for the Greater Cow Lagoon Structure in the onshore McArthur basin in Northern Territory,...

Ambassador to drill second oil well in Australia’s Cooper basin
19 July 2012 Ambassador Oil and Gas has unveiled plans to commence drilling at its second oil well in the Mudlalee block, located in Australia's Cooper...

Senex Energy discovers new oilfield in Australia’s Cooper Basin
18 July 2012 Senex Energy has discovered a new oil field on the western flank of South Australia’s Cooper...

Neon Energy discovers more oil and gas at California basin
18 July 2012 Neon Energy has discovered oil and gas shows in the Paloma Deep-2 well in the San Joaquin Basin, onshore California,...

Shell drops Cove Energy takeover bid
17 July 2012 Shell has dropped out of its takeover bid for Mozambique-focused explorer Cove Energy, paving the way for Thailand’s only listed gas explorer PTT Exploration & Production to acquire...

Burleson Energy confirms hydrocarbons at Texas development well
17 July 2012 Burleson Energy said the vertical section of the Truchard #2H horizontal development well in Texas, US has indicated encouraging results, with a hydrocarbon charged reservoir...

Cheniere Partners secures $3.4bn for Sabine Pass LNG export terminal
16 July 2012 Cheniere Energy Partners, an affiliate of Cheniere Energy, has received financial commitments of about $3.4bn to fund the construction of its proposed Sabine Pass LNG liquefaction project in the...

UAE opens $4.2bn Habshan-Fujairah pipeline
16 July 2012 The United Arab Emirates has opened the new $4.2bn Habshan-Fujairah pipeline which will allow Abu Dhabi to export crude oil directly from Fujairah and has loaded the first tanker for...

Noble Energy to sell midstream assets to Unit Petroleum
13 July 2012 Noble Energy has agreed to sell certain oil and natural gas assets in western Oklahoma and the Texas Panhandle to Unit Petroleum Company for $617m in...

Magellan Midstream and Occidental extend open season for BridgeTex pipeline
13 July 2012 Magellan Midstream Partners and Occidental Petroleum Corporation have extended their binding open season by one week to seek potential customers for their proposed BridgeTex Pipeline project...

Voyager Oil & Gas in Emerald Oil deal
12 July 2012 Voyager Oil & Gas has acquired Emerald Oil, a subsidiary of Emerald Oil & Gas, to create a US-based oil and gas company that will focus on select oil and gas basins in the Rocky Mountain region....

Shell to take over Norway's Gasnor
12 July 2012 Royal Dutch Shell has acquired a 95.9% stake in Norwegian liquefied natural gas (LNG) supplier Gasnor for...

Beach Energy flows shale gas from Australian Cooper Basin well
11 July 2012 Beach Energy said its Encounter-1 shale gas well in Australia’s Cooper Basin has flowed gas at a combined rate of over two million cubic feet per...

Williams Partners funds joint venture to develop midstream infrastructure
11 July 2012 Williams Partners has announced that it is funding a joint venture with Caiman Energy II to develop pipelines and processing infrastructure, serving producers in Ohio and other potential shale...

NiSource and Hilcorp form Utica shale joint venture
10 July 2012 NiSource Gas Transmission and Storage and its subsidiaries have entered into an agreement with Hilcorp Energy Company, to form a joint venture to develop the hydrocarbon potential in...

New Zealand Energy begins production from Taranaki Basin well
10 July 2012 New Zealand Energy Corporation (NZEC) has said that production has begun from its Copper Moki-3 well on its 100%-owned Eltham permit in the Taranaki Basin of New Zealand's North...

Burleson Energy farms out stake in Texas development well
09 July 2012 Burleson Energy (BUR) has agreed to farmout a 30% stake in the Truchard #2H (horizontal) development well and Truchard Unit in Texas, US, to Mogal Holdings. ...

Buru Energy spuds Canning Basin well
09 July 2012 Buru Energy has begun drilling operations at the Ungani North-1 in EP 391 in the onshore Canning Basin, Western...

Cooper Energy strikes oil at Christies field
06 July 2012 Cooper Energy and its joint venture partner Beach Energy have encountered oil at the Christies-7 location in the PEL 92 exploration licence in Australia’s Cooper...

Norway’s DNO eyes Calvalley Petroleum aquisition
06 July 2012 Norwegian oil and gas company DNO International said it plans to offer C$215m ($212m) in cash to acquire Canada's Calvalley...

Magnolia Petroleum to spud three wells in Oklahoma
05 July 2012 Magnolia Petroleum has revealed that it is participating in three additional wells as part of a drilling programme in proven onshore oil plays in Oklahoma,...

Atlas Copco wins order for Ichthys gas project in Australia
05 July 2012 Atlas Copco has secured an order to deliver turbocompressors at an onshore LNG plant facility for the Ichthys LNG Project located in the Browse Basin, Western...

Solo Oil reports strong results from Tanzania well programme
04 July 2012 Solo Oil has announced the results of the first independent evaluation of the Ruvuma PSA, an under-explored portion of the Ruvuma Basin, southern...

Drill stem test fails at Senex Cooper Basin well
04 July 2012 Senex Energy has announced that a mechanical failure has prevented a valid result from a drill stem test at the Shocking-1 exploration well in Australia's Cooper Basin....

Sunoco and Carlyle partner to save Philadelphia refinery
03 July 2012 Sunoco and private-equity firm the Carlyle Group have agreed to form a joint venture, Philadelphia Energy Solutions, in order to keep the company's Philadelphia refinery in...

Zeta Petroleum to recommence Bobocu drilling programme in Romania
03 July 2012 Australia's Zeta Petroleum has unveiled plans to spud the Bobocu 310 appraisal well in Romania later this...

Xtract Energy and Global Oil Shale to develop Queensland oil shale play
02 July 2012 Xtract Energy has announced that Global Oil Shale (GOS) Group has agreed to develop its oil shale play at Julia Creek in Queensland,...

Spectra Energy to proceed with natural gas pipeline expansion in New York
02 July 2012 Spectra Energy Corporation has received final approval from the Federal Energy Regulatory Commission (FERC) to commence work on the $1.2bn New Jersey-New York Expansion...

June 2012

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Petrom completes Petrobrazi refinery upgrade
29 June 2012 Oil and gas producer Petrom has commissioned the modernised crude vacuum distillation unit at its Petrobrazi refinery in...

Providence Resources suspends drilling of Singleton well in the UK
29 June 2012 Irish oil and gas firm Providence Resources has suspended the X12 development well on its Singleton oilfield in Weald Basin, onshore...

Wison and Hyundai win $2bn Puerto la Cruz oil refinery project contract in Venezuela
28 June 2012 China’s Wison Engineering, in consortium with Hyundai Engineering and Construction Company and Hyundai Engineering Company, has been awarded a contract by PDVSA Petroleo, Venezuela's state-run...

Middle East joint venture to build $6bn oil refinery in Oman
28 June 2012 Oman Oil Company (OOC) and International Petroleum Investment Company (IPIC) owned by the Government of Abu Dhabi, have established a joint venture company to own and develop a refinery...

Exoma Energy awarded Queensland oil and shale exploration permits
27 June 2012 Exoma Energy and its partner CNOOC Gas & Power (CNOOC) have secured four new exploration blocks in the Eromanga and Galilee basins in Central Queensland, Australia....

Buru Energy makes u-turn on Paradise well abandonment plans
27 June 2012 Buru Energy said it will continue operations at the Paradise-1 well in Western Australia’s onshore Canning Basin after recovering live oil to surface during abandonment...

Atlas Pipeline Partners completes Velma expansion programme in the US
26 June 2012 Atlas Pipeline Partners (APL) has opened a new 60 million cubic feet per day cryogenic facility at Velma in Oklahoma, US, following an expansion programme....

BP to sell US gas assets for $1bn
26 June 2012 BP has agreed to sell its interests in the Jonah and Pinedale upstream operations in the Green River Basin of south-west Wyoming, US, to LINN Energy for $1bn in...

Heritage Oil starts drilling appraisal programme in Iraq
25 June 2012 Heritage Oil has commenced drilling the Miran West-4 appraisal well on the Miran Block in the Kurdistan region of Iraq....

ADX Energy reveals negative test results in Tunisian oil well
25 June 2012 ADX Energy said its Sidi Dhaher-1 well in Chorbane licence in onshore Tunisia failed to show hydrocarbons in well test...

OMV in first upstream pact with Wintershall to appraise Abu Dhabi gas play
22 June 2012 Wintershall Middle East, a Wintershall Holding unit, and Austrian energy group OMV have signed an agreement with the Abu Dhabi National Oil Company (ADNOC) to appraise the sour gas and...

Mart Resources to develop second pipeline Nigerian oilfield
22 June 2012 Mart Resources and its co-venturers, Midwestern Oil and Gas Company and SunTrust Oil Company, have inked a deal to develop a second export pipeline for the onshore Umusadege oil field in...

ENOC secures $100m fund for petroleum terminal in Dubai
21 June 2012 Horizon Terminals, a subsidiary of Emirates National Oil Company (ENOC), has secured a $100m loan to partly finance the development of a new bulk liquid petroleum terminal in Dubai,...

Neon Energy proves oil and gas resource at California acreage
21 June 2012 Neon Energy has proven the presence of producible oil, gas and condensate during production testing at its Paloma Deep-1 well, in California,...

US Bureau of Land Management approves Gasco Energy’s Uinta basin project
20 June 2012 The US Bureau of Land Management (BLM) has approved a natural gas project in the Uinta Basin field in Utah that would allow Gasco Energy to drill nearly 1,300 new oil and gas wells for a period...

CenterPoint Energy to purchase natural gas assets in Texas
20 June 2012 CenterPoint Energy has announced that its subsidiary, CenterPoint Energy Field Services (CEFS), has entered into two deals to purchase gathering and processing assets in a liquids-rich area...

DMT secures deal for 3D-seismic exploration in Austrian Alps
19 June 2012 Germany-based DMT's exploration and geosurvey division has won a contract for a 3D-seismic project to explore for oil in the Austrian...

Ambassador to commence first drill programme at Australia’s Cooper basin
19 June 2012 Ambassador Oil and Gas has unveiled plans to drill two wells with a recoverable oil potential of 630,000 barrels in South Australia’s Cooper basin, marking the company’s first ever oil...

Po Valley inks farm-in agreement with Petrorep for Italian gas prospects
18 June 2012 Po Valley Energy (PVE) has executed a farm-in agreement with Petrorep Italiana for two onshore gas exploration licences located in the Po Valley in northern Italy....

Canacol Energy begins drilling in Colombian Caguan
18 June 2012 Canacol Energy has started its heavy oil exploration drilling programme on its Portofino and Cedrela exploration and production (E&P) contracts located in the onshore Caguan – Putumayo basin...

New World Oil and Gas amends Blue Creek farm-out deal in Belize
15 June 2012 New World Oil and Gas has unveiled amendments to the Blue Creek farm-out agreement (FOA) entered in 2011 with its joint venture partner, Blue Creek Exploration...

Egypt secures $3.7bn fund for Mostorod oil refinery project
15 June 2012 Egyptian Refining Company (ERC) has secured $3.7bn for the redevelopment of a refinery at Mostorod, near...

Buru Energy reports exploration update at Western Australia's Canning basin
14 June 2012 Buru Energy has reported an update on deepening operations at its Paradise-1 well in Western Australia's Canning...

Advance Energy to acquire Ukraine oil and gas prospect
14 June 2012 Australia's Advance Energy has agreed to acquire an operating stake in the Ortynytska subsoil license in Western...

Rangeland Energy's crude oil loading terminal enters service in the US
13 June 2012 Rangeland Energy has completed and opened the company’s COLT terminal in Bakken Shale, North Dakota,...

New World Oil and Gas unveils positive assessment of Danish project
13 June 2012 New World Oil and Gas said a latest assessment of its Danica Jutland Project in the Jutland onshore area in south western Denmark has surpassed...

Magellan Midstream and Occidental launch open season for BridgeTex pipeline
13 June 2012 Magellan Midstream Partners and Occidental Petroleum Corporation have launched an open season to seek potential customers for their proposed BridgeTex Pipeline project from Colorado City, Texas...

Golden Valley Mines confirms drill ready targets in Canada
12 June 2012 Golden Valley Mines has said it has identified several drill ready prospects in the Abitibi Greenstone Belt located in Quebec and Ontario, Canada....

Kea Petroleum strikes light oil at Puka-1 well in New Zealand
12 June 2012 Kea Petroleum has completed swabbing operations at its 100% owned Puka-1 well in New Zealand's Taranaki...

Chesapeake Energy to sell midstream assets for $4bn
11 June 2012 Chesapeake Energy Corporation has announced the sale of its midstream assets in three separate transactions totaling more than $4bn....

Jupiter Energy wins exploration extension for Kazakh block
11 June 2012 Jupiter Energy has been awarded the first two-year extention for the Block 31 exploration licence located in...

Acer Energy identifies potential pay zones in Australian prospect
08 June 2012 Acer Energy has discovered additional potential pay zones at its 100% owned Flax field in Australia’s Cooper...

SAFT begins second phase of construction on oil products terminal, Fujairah
08 June 2012 SOCAR Aurora Fujairah Terminal (SAFT) has commenced construction work on the second phase of an oil products terminal in Fujairah,...

Amerisur Resources strikes oil in Colombian oilfield
07 June 2012 Amerisur Resources has encountered oil on the Platanillo-3 well in the onshore Platanillo field in...

Shell selects TransCanada to build natural gas pipeline in Canada
07 June 2012 TransCanada has been selected by Shell Canada and its partners to build and operate an estimated $4bn natural gas pipeline in British...

Senex Energy strikes gas flows at South Australian Cooper Basin permit
06 June 2012 Senex Energy has revealed that formation gas was recorded at surface during initial flowback at Sasanof-1 well from its 100% operated PEL 516 in South Australian Cooper Basin...

MarkWest Utica finalises agreements to develop natural gas infrastructure in US
06 June 2012 MarkWest Utica, a joint venture between MarkWest Energy Partners and The Energy and Minerals Group (EMG), has finalised agreements to construct and operate midstream infrastructure related...

Senex Energy fracking at Australian well
01 June 2012 Senex Energy has announced that it has completed a multi-zone hydraulic fracture stimulation programme at the Sasanof-1 unconventional gas exploration well in the Cooper Basin, South...

BP to sell stake in Russia's TNK-BP
01 June 2012 BP has revealed plans to sell its 50% stake in Russian oil company TNK-BP and has received unsolicited indications of interest for the...

May 2012

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Armour Energy secures tenderer status for Queensland oil and gas exploration
31 May 2012 Armour Energy said it has been awarded preferred tenderer status for the exploration permit ATP 1107 in Queensland,...

Cenovus Energy wins approval for oil sands project
31 May 2012 Cenovus Energy has received approval from the Alberta Energy Resources Conservation Board (ERCB) to proceed with its proposed Narrows Lake oil sands project near Christina Lake in northern...

Oil Basins makes oil discovery in Canning basin
30 May 2012 Oil Basins (OBL) has identified oil within the Gumhole formation during production testing of the Backreef-1 well in the onshore Canning basin, Western...

Jubilant Energy wins exploration block in Myanmar
30 May 2012 UK-listed explorer Jubilant Energy has won an onshore exploration block in the Republic of The Union of Myanmar, South East...

Senex Energy commences seismic survey on Australian oil and gas prospect
29 May 2012 Senex Energy has announced that a 3D seismic survey for three conventional oil and gas prospects has commenced in the onshore Cooper Basin, South...

Horizon Terminals begins work on petroleum terminal in Dubai
29 May 2012 Horizon Terminals, a subsidiary of Emirates National Oil Company (ENOC), has begun work on its new $142m bulk liquid petroleum terminal in Jebel Ali Free Zone, Dubai,...

Gulf Keystone Petroleum begins at Iraqi prospect
28 May 2012 Gulf Keystone Petroleum has announced that it has begun drilling of the Sheikh Adi-2 exploration well on the Sheikh Adi block in the Kurdistan region of Iraq....

Tullow Oil makes another oil discovery in Kenya
28 May 2012 Tullow Oil has announced that it has made another oil discovery at its Ngamia-1 exploration well in...

India, Pakistan sign $7.6bn pipeline pact with Turkmenistan
25 May 2012 GAIL (India) and Pakistan's Inter State Gas System have signed Gas Sales and Purchase Agreements with Turkmenistan's state gas company Turkmengaz for a proposed $7.6bn pipeline which will...

Australia Pacific LNG secures $8.5bn in project funding
25 May 2012 Australia Pacific LNG, a joint venture company between Origin Energy, ConocoPhillips and China Petrochemical Corp, has recieved $8.5bn in project finance from domestic and international...

Austria's RAG inks farm-in deal for Romanian oil and gas permit
24 May 2012 Austria's Rohoelaufsuchungsgesellschaft (RAG) has inked a farm in deal with Australia-based ADX Energy for its Parta licence in the onshore southern Pannonian basin area of western...

Pacific Rubiales, InterOil encounter gas flows in Papua New Guinea licence
24 May 2012 Pacific Rubiales Energy Corporation and its partner InterOil Corporation have completed a drill stem test (DST) on the Triceratops-2 appraisal well in the Petroleum Prospective License...

PetroSA and Sinopec join forces for refinery project in South Africa
23 May 2012 PetroSA, South Africa’s National Oil Company, has entered into a joint study agreement (JSA) with the China Petrochemical Corporation, known as Sinopec Group, for the new Mthombo...

Spectra Energy wins approval for natural gas pipeline expansion in New York
23 May 2012 Spectra Energy Corporation has received approval from the Federal Energy Regulatory Commission (FERC) for its proposed New Jersey-New York (NJ-NY) expansion project, which will transport...

Leni Gas & Oil mobilises rig for redevelopment of Trinidad oilfield
22 May 2012 Leni Gas & Oil (LGO) has mobilised a workover rig to commence the re-development of the onshore Goudron oilfield in south-eastern Trinidad....

MDU Resources unit acquires stake in midstream assets
22 May 2012 Bitter Creek Pipelines, a subsidiary of MDU Resources Group, has acquired a 50% stake in natural gas and oil midstream assets near Belfield in North Dakota,...

Heritage Oil confirms gas flows at Iraq well
21 May 2012 Heritage Oil said it has successfully tested the Miran West-3 well in the Kurdistan Region of Iraq and encountered wet gas at a flow rate of 22 million cubic feet per day....

Beach Energy makes coal seams discovery at South Australian prospect
21 May 2012 Beach Energy has announced the discovery of 110m of net coal at the Davenport 1 unconventional evaluation well in the Cooper Basin, South...

Inpex begins construction work on Ichthys LNG project in Australia
18 May 2012 Japan’s Inpex Corporation has started preliminary construction work on the Ichthys liquefied natural gas (LNG) Project at Blaydin Point in Darwin, Australia....

Enbridge unveils $3.2bn pipeline expansion plan in US and Canada
18 May 2012 Enbridge has unveiled plans for a $3.2bn expansion programme of its pipeline system in the US and Canada after recieving commercial...

Shell partners with Asian energy firms for Canadian LNG project
17 May 2012 Shell Canada has formed a partnership with three Asian global energy firms to develop a proposed liquefied natural gas (LNG) export facility near Kitimat in British Columbia,...

UK University discovers new method to measure gas bubbles in pipelines
17 May 2012 The University of Southampton in the UK has discovered a new method to measure gas bubbles in pipelines, a technique crucial to preventing a major oil...

Kuokuang to invest in Malaysia's $120bn oil refinery and petrochemical project
16 May 2012 Taiwan’s Kuokuang Petrochemical Technology is in discussions with the government to take part in the $120bn oil refinery and petrochemical project proposed by Malaysia’s state oil...

Oman Gas awards engineering study contract to Isolux Corsan unit
15 May 2012 Oman Gas Company (OGC) has awarded a contract to TECNA, an engineering unit of the Isolux Corsán Group, to develop the conceptual engineering for the extraction of liquified petroleum gas...

InterOil encounters natural gas and condensate in Papua New Guinea
15 May 2012 InterOil Corporation has encountered natural gas and condensate at a flow rate of 17.6 million cubic feet of gas per day in the Triceratops-2 well in Papua New...

Oleoducto Bicentenario secures loan for $4.2bn Colombian oil pipeline
15 May 2012 Petrominerales, Ecopetrol and Pacific Rubiales Energy Corporation have rannounced that their joint venture company Oleoducto Bicentenario has secured loan worth about $1.2bn for the...

Concho Resources to acquire US oil and gas properties for $1bn
14 May 2012 Concho Resources said it has agreed to acquire all the oil and natural gas assets of Three Rivers Operating Company and certain affiliated entities for $1bn in cash....

Lakes Oil strikes gas at Australian prospect
14 May 2012 Lakes Oil has made a gas at its Moreys-1 well in the Otway Basin in Victoria,...

Siemens signs service pact for $16bn Santos LNG project in Australia
11 May 2012 Siemens Energy has signed a deal to provide long-term maintenance services for the $16bn Santos Gladstone LNG (GLNG) project in Queensland,...

US approves Anadarko’s $10bn Utah natural gas project
11 May 2012 The US Department of the Interior has given the go-ahead to Anadarko Petroleum to begin work on its $10bn natural gas project in the Uinta Basin in the state of...

Crosstex Energy companies to acquire Clearfield Energy
10 May 2012 US-based Crosstex Energy LP and Crosstex Energy Inc, have agreed to acquire privately-held Clearfield Energy for $210m in...

M Squared debuts hydrocarbon leak detection technology
10 May 2012 Scottish technology firm M Squared has launched a laser-based hydrocarbon detection and imaging system which helps in spotting leaks on production platforms, pipelines and processing plants from...

Drillsearch Energy encounters wet gas in Australian prospect
09 May 2012 Drillsearch Energy has discovered gas at the Southend-1 exploration well in Australia's onshore Cooper Basin, marking the completion of the Western Wet Gas Fairway exploration campaign....

SemGroup, Chesapeake and Gavilon to build oil pipeline in the US
09 May 2012 A subsidiary of SemGroup Corporation, an affiliate of Chesapeake Energy Corporation and commodity management firm Gavilon have formed a joint venture to build the 210 mile crude oil Glass...

US proposes new rules for hydraulic fracturing on public lands
08 May 2012 The US Interior Department has proposed new draft rules for hydraulic fracturing operations on public and Indian lands in order to address concerns related to groundwater...

MarkWest Energy Partners to acquire Keystone Midstream Services
08 May 2012 MarkWest Energy Partners has said it will acquire 100% of the ownership interests of Keystone Midstream Services for...

UGI Energy Services launches open season for $1bn natural gas pipeline
08 May 2012 UGI Energy Services and Capitol Energy Ventures Corporation have launched an open season seeking non-binding contracts from shippers to carry natural gas volumes on the proposed $1bn...

GDF SUEZ inks deal to develop $6bn liquefaction facility in US
04 May 2012 GDF SUEZ has inked a commercial development agreement with Cameron LNG, a unit of Sempra Energy, to develop the third liquefaction train planned at the site of the latter’s existing import...

Petronet LNG to build Gangavaram Port terminal in India
04 May 2012 Petronet LNG has inked a deal to develop a land-based liquefied natural gas (LNG) terminal at Gangavaram Port in Andhra Pradesh,...

Abu Dhabi gets approval for gas storage development in the Netherlands
03 May 2012 Abu Dhabi National Energy Company (TAQA) has won approval from the Dutch Council of State for the development of the Bergermeer Gas Storage facility in the...

Origin to deliver gas for Australian joint venture project
03 May 2012 Origin Energy has agreed to deliver gas to the Santos-led joint venture for the planned Gladstone Liquified Natural Gas (GLNG) plant in Queensland,...

Energy Transfer Partners to acquire Sunoco for $5.3bn
02 May 2012 Energy Transfer Partners (ETP) has announced that it will acquire Sunoco, a US-based manufacturer of petroleum and petrochemical products, for...

Gujarat State Petronet executes $2.4bn deal for pipeline projects in India
02 May 2012 India’s natural gas transmission company Gujarat State Petronet (GSPL) and three oil companies, have inked a joint venture deal to build three cross-country natural gas transmission pipeline...

Gulf Keystone reports oil finds in Iraqi prospect
01 May 2012 Gulf Keystone has announced exploration updates from its ongoing exploration and appraisal programme in the Kurdistan Region of...

Woodside begins LNG production in Australia
01 May 2012 Woodside Petroleum has begun production from its A$14.9bn ($15.56bn) Pluto LNG project near Karratha, in Western...

April 2012

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HPCL-Mittal Energy opens $4bn oil refinery in India
30 April 2012 HPCL-Mittal Energy (HMEL), a joint venture of Hindustan Petroleum Corporation (HPCL) and Singapore's Mittal Energy, has opened the $4bn Guru Gobind Singh Refinery (GGSR) at Bathinda in Punjab,...

Beach Energy announces gas discovery in South Australian Cooper Basin
30 April 2012 Beach Energy has announced that gas is flowing from the Encounter-1 well in the South Australian Cooper Basin, at a rate in excess of 500,000 cubic feet a...

New Zealand oil refinery expansion approved
27 April 2012 Refining New Zealand shareholders have voted in favour of the $365m expansion of Marsden Point oil refinery near Whangarei in Northland, New...

New Standard Energy decides on drilling locations for Goldwyer phase one
27 April 2012 New Standard Energy and ConocoPhillips have agreed on three drilling locations for phase one of the Goldwyer project in Western Australia's onshore Canning...

Kinder Morgan to buy midstream assets from Kohlberg Kravis Roberts
26 April 2012 Kinder Morgan Energy Partners (KMP) has agreed to acquire a 50% stake in midstream developments held by investment firm Kohlberg Kravis Roberts & Co....

Constitution Pipeline Co executes precedent agreements for interstate pipeline
26 April 2012 Constitution Pipeline Company, a joint development between Williams Partners and Cabot Oil & Gas Corporation, has executed precedent agreements for a proposed 121-mile pipeline designed to...

Report suggests safe fracking method
25 April 2012 New research led by UK-based Durham University suggests that a minimum distance of 0.6km from sensitive rock strata is required to undertake safe fracking...

Tap Oil expands focus on unconventional plays with Australian deal
25 April 2012 Tap Oil has entered into a deal with Rusa Resources to participate in the exploration of a large acreage position in the onshore Carnarvon Basin, Western...

Kinder Morgan seeks shipper to carry light condensate to Alberta
24 April 2012 Kinder Morgan Energy Partners (KMP) has launched an open season seeking binding contracts from shippers to carry light condensate from Kankakee County in Illinois, US, to existing...

Gulf Keystone discovers oil at Iraqi prospect
24 April 2012 Gulf Keystone Petroleum has achieved 24,000 barrels of oil per day (bopd) of aggregate flow rates from the Shaikan-4 deep appraisal well, in a testing programme completed at the prospect in...

Egypt cancels natural gas deal with Israel
23 April 2012 Egypt's state-run gas companies have cancelled a 20-year deal to deliver natural gas to Israel, after the cross-border pipeline suffered numerous clashes throughout 2011 and 2012, cutting...

Theiss wins contract for Chevron’s Wheatstone project
23 April 2012 Thiess, a Leighton Holdings subsidiary, and Bechtel Oil & Gas Chemicals have received a A$450m ($465.8m) contract to deliver site preparation works at the Chevron-operated Wheatstone project...

TransCanada submits alternative routes for Keystone XL pipeline
20 April 2012 TransCanada has submitted a report to the Nebraska Department of Environmental Quality (NDEQ) to assess alternative routing corridors for the proposed $7bn Keystone XL oil...

Kvaerner wins $1bn onshore services contract from Shell
20 April 2012 Norwegian firm Kvaerner has secured a contract worth 6bn NOK ($1bn) from Royal Dutch Shell to provide engineering, procurement, construction and management (EPCM) services at Ormen Lange /...

US issues first air pollution rules for natural gas fracking
19 April 2012 The US Environmental Protection Agency (EPA) has released new standards to address air pollution from the fracking technique used to drill natural...

New World completes farm-out deal in Denmark
19 April 2012 New World Oil and Gas has completed its farm-out agreement with Danica Resources to acquire an 80% interest in an oil and gas concession in...

UK government backs shale gas fracking under strict measures
18 April 2012 The UK Government has given the green light for shale gas fracking to resume in the UK, under a firm set of...

Cheniere secures US approval for $10bn LNG export terminal
18 April 2012 Cheniere Energy Partners has won authorisation from the Federal Energy Regulatory Commission to construct and operate facilities for the liquefaction and export of natural gas, at the Sabine...

PetroMagdalena expects rise in oil reserves at Columbian prospect
17 April 2012 Canada-based PetroMagdalena Energy Corporation said that it expects to see an increase in oil shows at the Copa field in the Llanos Basin, located in...

Japanese firms to supply line pipe for Chevron’s gas project
17 April 2012 Japan's JFE Steel Corporation and Marubeni-Itochu Steel have secured an order to supply 150,000 tons of line pipes for Chevron's Wheatstone Project, in Western...

Lakes Oil and Armour Energy to drill Australian gas well
16 April 2012 Lakes Oil (LKO) and its new partner Armour Energy are set to commence drilling at the Moreys 1 gas well in PEP 169, in the Otway Basin, onshore Victoria,...

DNO International and Genel to test Kurdistan well
16 April 2012 Genel Energy and its joint venture partner DNO International are preparing to test observed oil shows at the Peshkabir-1 exploration well, located on the Tawke license in the Kurdistan Region of...

Kinder Morgan to proceed with $5bn Trans Mountain pipeline expansion
13 April 2012 Kinder Morgan Energy Partners said it will proceed with proposed plans for a $5bn expansion of its existing 1,150km Trans Mountain pipeline system in the...

Singapore's Trafigura to invest in Indian refinery
13 April 2012 Singapore-based oil trader Trafigura said that it will buy a 24% stake in Nagarjuna Oil Corporation's new oil refinery, planned to be built in the Indian state of Tamil Nadu for...

Senex Energy discovers gas pay at Australian permit
12 April 2012 Senex Energy has confirmed the presence of liquid-rich gas during drilling and coring of the Sasanof-1 exploration well in South Australian permit PEL...

Penn Virginia Resource acquires Chief Gathering for $1bn
12 April 2012 Penn Virginia Resource (PVR) Partners said it will acquire Chief Gathering, a Chief E&D Holdings subsidiary, for...

ONEOK Partners to build crude oil pipeline for $1.8bn
11 April 2012 ONEOK Partners has unveiled plans to invest up to $1.8bn to build the Bakken Crude Express Pipeline between the Bakken Shale in North Dakota, US to Cushing,...

Vitol bags $3.4bn LNG supply contract with Korea Midland Power
11 April 2012 Switzerland's Vitol has inked a long-term $3.4bn deal with Korea Midland Power of South Korea (KOMIPO) for the annual supply of 400,000 tonnes of liquefied natural gas...

Redline moves to next phase of Omani wireless oil field project
10 April 2012 Redline Communications Group, a broadband wireless solutions provider, has launched the second phase of a major wireless oil field project for Shell Oil joint venture Petroleum Development Oman...

Phase 1 of Fujairah oil terminal to commence operations in October
10 April 2012 The first phase of the Gulf Petrochem Group’s oil storage terminal project in Fujairah, the UAE is close to completion and set to begin operations in October this year....

Feasibility study for $6bn Oman refinery expected in two months
05 April 2012 Oman Oil Company and the International Petroleum Investment Company (IPIC) of Abu Dhabi are finalising a feasibility study to determine the capacity of their planned refinery and...

Oneok to build natural gas gathering system in Bakken Shale
05 April 2012 Oneok Partners has unveiled plans to spend $140m to $160m to develop a 270-mile natural gas gathering system and related infrastructure in North Dakota, US....

KKR Natural Resources acquires US shale assets from WPX Energy
04 April 2012 KKR Natural Resources (KNR) has agreed to acquire holdings in Texas’ Barnett Shale and Arkoma Basin in Oklahoma, US from WPX Energy for $306m. ...

LINN Energy partners with Anadarko for Salt Creek oilfield development
04 April 2012 LINN Energy has signed a joint-venture deal with an affiliate of Anadarko Petroleum Corporation for the CO2 enhanced oil recovery development of the Salt Creek field in the Powder River Basin...

Petron subsidiary acquires Malaysian downstream oil units
03 April 2012 Petron Corporation's Malaysian subsidiary, Petron Oil and Gas International (POGI) has completed the acquisition of a 65% stake in Esso Malaysia, and shares in two downstream oil subsidiaries...

Philippine National Oil Company eyes $2.1bn Batangas pipeline project
03 April 2012 State-owned Philippine National Oil Company (PNOC) plans to establish a new subsidiary, PNOC Pipeline Corporation (PNOC-PC) to undertake development works at the $2.1bn Batangas-Manila (BatMan...

Venezuela-Colombia oil pipeline requires $8bn investment
02 April 2012 Petroleos de Venezuela (PdVSA) has revealed that a proposed pipeline between Venezuela and Colombia to handle 600,000 barrels of oil a day would require an investment of about $8bn....

Ukraine to build LNG terminal at Port Yuzhnyi
02 April 2012 Ukraine plans to build a €846m liquefied natural gas (LNG) terminal at the port of Yuzhnyi in Odesa...

March 2012

Top

Coastal Energy encounters hydrocarbons shows at Thai prospect
30 March 2012 Coastal Energy Company has reported exploration results from its Bua Ban South wells in Thailand....

LNG Energy completes seismic programme on Papua New Guinea licence
30 March 2012 LNG Energy has completed the 2011 "Sling" 2D seismic programme on the entire western section of PPL 319 licence, onshore Papua New Guinea, and identified the Tuyuwopi...

Pacific Rubiales signs deal for Colombian floating LNG vessel
29 March 2012 Pacific Rubiales Energy through its subsidiary Pacific Stratus Energy Colombia Corporation (PSE) has entered into deal with Belgium-based Exmar to build, operate and maintain a...

Kinder Morgan expands storage at Canadian Edmonton terminal
29 March 2012 Kinder Morgan Canada Terminals has inked a deal to add an additional 1.2 million barrels of merchant oil storage capacity at Trans Mountain pipeline's Edmonton terminal in Strathcona County,...

Tullow makes first oil discovery in Kenya
28 March 2012 Tullow Oil has become the first company to discover oil in Kenya, President Mwai Kibaki has...

VTT Vasiliko and J&P Group ink deal for Cyprus oil terminal project
28 March 2012 VTT Vasiliko and J&P Group have entered into an agreement to construct a €220m oil storage terminal in Vasilikos Port,...

Apache Corporation tests for shale at Argentinean prospect
27 March 2012 Apache Corportation has begun testing for shale in the western region of Argentina's Neuquén...

Crestwood JV acquires Antero’s US shale gathering assets
27 March 2012 Crestwood Marcellus Midstream has completed the acquisition of Antero Resources Appalachian Corporation’s Marcellus Shale gathering system assets in West Virginia, US for...

India to complete first phase of Kochi-Mangalore pipeline
26 March 2012 The Gas Authority of India (GAIL) said it will commission the first phase of the INR37bn ($722.6m) Kochi-Mangalore pipeline project by next month....

Mitsubishi lands order for Ichthys LNG project in Australia
26 March 2012 Mitsubishi Heavy Industries Compressor Corporation (MCO) has secured an order to supply nine compressors and seven motors for the $34bn Ichthys LNG Project located in Browse Basin,...

Tethys Petroleum posts increase in Kazakhstan oil and gas reserves
23 March 2012 Tethys Petroleum has unveiled a major increase in its proved and probable reserves in...

MENA Hydrocarbons begins operations in Egypt prospect
23 March 2012 MENA Hydrocarbons has formed a joint venture company with the Egyptian Petroleum Company (EGPC) to assume operations in the Lagia oil field development in Egypt. ...

Korea National joins consortium to buy EP Energy for $7.15bn
22 March 2012 South Korean state-run Korea National Oil Corporation (KNOC) has joined a consortium led by Apollo Global Management to buy exploration-and-production business, EP Energy from Kinder Morgan...

DNO International confirms oil at Iraq well
22 March 2012 DNO International has completed drilling at the Tawke-16 well in the Kurdistan Region of Iraq which tested 25,000 barrels of oil per day....

AWE plans gas fracking programme in West Australia
21 March 2012 Australian oil and gas firm AWE will commence a hydraulic fracture stimulation programme at shale wells in the onshore North Perth Basin in Western Australia in June, this...

Roxi Petroleum sells BNG project stake to Korean firm
21 March 2012 Kazakhstan-based Roxi Petroleum has agreed to sell a 35% interest in the BNG Contract Area license to Bakmura, a subsidiary of the Korean National Oil...

Valero Energy to close refining operations in Aruba
20 March 2012 Valero Energy Corporation has said it will suspend refining operations at its 235,000 barrel-per-day oil refinery in...

Williams Partners to acquire Caiman Energy unit for $2.5bn
20 March 2012 US-based gas company Williams Partners has unveiled plans to acquire Caiman Energy's subsidiary, Caiman Eastern Midstream for a total consideration of...

Iraq unveils contingency plan to deal with Hormuz strait crisis
19 March 2012 The Iraqi government has unveiled a contingency plan that aims to build a pipeline to ship oil from southern fields to Ceyhan in Turkey and add capacity from its northern oil...

GE acquires stake in Texas natural gas pipeline operator
19 March 2012 GE Energy Financial Services has acquired a 30.6% stake in Howard Energy Partners, the owner of 280 miles of natural gas pipelines in the Eagle Ford Shale of South Texas, for an undisclosed amount....

RusPetro announces operational updates at West Siberian basin
16 March 2012 UK-based RusPetro has announced that its latest exploration well, located in Krasnoleninsk oilfield in the Khanty-Mansyisk region of the West Siberian basin in Russia, is expected to reach...

Magellan Midstream to expand Texas crude oil pipeline
16 March 2012 Magellan Midstream Partners has unveiled plans to expand the capacity of its crude oil pipeline from Crane, Texas to its East Houston, Texas terminal in the US to 225,000 barrels per day....

AusTex Oil begins drilling Mississippi Lime prospect
15 March 2012 AusTex Oil (AOK) has commenced drilling operations at the Balder #1-30N horizontal development well located in Northern Oklahoma,...

Australian construction JV wins onshore work for Ichthys gas project
15 March 2012 Australian construction companies Macmahon Holdings and John Holland have received a $340m contract to build onshore facilities for the proposed Ichthys LNG project in Darwin,...

Beach Energy begins first oil production from North Shadwan concession
14 March 2012 Australia's Beach Energy has confirmed first oil production from the NS377 oilfield in its North Shadwan concession in the Gulf of Suez,...

Senex Energy encounters gas pay at Queensland prospect
14 March 2012 Senex Energy has encountered gas flows at its Kato-2 coal seam gas (CSG) exploration well located in Queensland Surat Basin in Australia....

Petsec spuds initial well at Canadian shale oil project
13 March 2012 Petsec Energy has spudded the initial commitment well at a shale oil project in Alberta, Canada to determine the site's...

Sundance Energy discovers oil and gas shows at Saskatchewan Lands
13 March 2012 Sundance Energy Corporation has found oil and gas shows at two wells within its 100% owned southeast Saskatchewan Lands in Canada and confirmed hydrocarbons have migrated further north...

Titan Energy to acquire ownership stake in Illinois oil project
12 March 2012 Australian oil and gas company Titan Energy has inked an agreement to earn up to an 81% interest in a ready-to-drill hydrocarbon producing prospect in Illinois, the US. ...

Thailand exploration company discovers oil and gas at Algerian prospect
12 March 2012 Thailand's PTT Exploration and Production Public Company (PTTEP), in association with association with Algerian National Oil and Gas Company Sonatrach and China National Offshore Corporation,...

Heritage Oil begins drilling at Iraqi Kurdistan well
09 March 2012 Heritage Oil has begun drilling at the Miran East-1 exploration well in the Kurdistan Region of...

ExxonMobil, Oil Search acquire New Guinea petroleum licence
09 March 2012 Esso PNG Exploration, a subsidiary of ExxonMobil Corporation, and Oil Search (OSH) has inked a deal with New Guinea Energy (NGE) to acquire interest in petroleum prospecting licence 277 in...

Strata-Xwins permit to explore Canning Basin assets in Western Australia
08 March 2012 US-based Strata-X has secured the provincial government’s approval to explore 1.4 million acres of the onshore Canning Basin in Western...

TAG allocates funds to expand drilling operations in New Zealand
08 March 2012 Canada-based TAG Oil has unveiled a $66m capital expenditure programme at its Cheal and Sidewinder fields in the Taranaki Basin, New Zealand....

Forent Energy completes Canadian well drilling programme
07 March 2012 Forent Energy has completed the drilling and logging of its exploration well Alton #1 near the town of Stewiacke in Nova Scotia,...

Enbridge and Anadarko get 15-year commitments from shippers
07 March 2012 Enterprise Products Partners (EPP) and its joint venture partners Enbridge Energy Partners, and Anadarko Petroleum Corporation have announced that shippers have entered into long-term contracts...

TAG Oil encounters oil and gas at NZ Taranaki Basin well
06 March 2012 Canada-based production and exploration company TAG Oil has flow tested the Cheal-B7 discovery well located in the Taranaki Basin of New...

Heritage Oil drilling programme behind schedule in Iraq
06 March 2012 Heritage Oil has revealed that the drilling programme of the Miran West-3 well in the Kurdistan region of Iraq is taking longer than expected and is behind...

Kuwait Energy strikes oil in Egypt’s Western Desert
05 March 2012 Kuwait Energy and its partner, the Egyptian General Petroleum Corporation (EGPC), have made a new oil discovery in the Abu Sennan concession in the Western Desert, Egypt. ...

TransCanada launches open season for Keystone oil terminal
05 March 2012 TransCanada Corporation has launched an open season to gain bidding commitments from interested firms for the proposed Keystone Hardisty Terminal to be located in Alberta, Canada....

Capitol Energy Ventures, UGI Energy partner for new $1bn natural gas pipeline
02 March 2012 WGL Holdings subsidiary, Capitol Energy Ventures Corporation has partnered with UGI Energy Services and Inergy Midstream to jointly build and market a 200-mile interstate pipeline in the US...

ADX Energy to test Sidi Dhaher oil discovery in Tunisia
02 March 2012 ADX Energy is set to test its Sidi Dhaher-1 well in the Chorbane Exploration Permit onshore central Tunisia....

Indian consortium to bid for Cove Energy
01 March 2012 A consortium consisting of India based Oil and Natural Gas Corporation (ONGC) and GAIL are preparing to place a bid for UK-based Cove...

Jubilant Energy spuds sixth well at Kharsang oil field in India
01 March 2012 Jubilant Energy has completed the spudding of KPL-E, the sixth of seven development wells of the Phase-III drilling programme in the Kharsang Field, Arunachal Pradesh,...

February 2012

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Enbridge launches open season for Bakken, Sanish pipelines
29 February 2012 Enbridge Energy Partners (EEP) and Enbridge Income Fund have launched a second open season for the Bakken expansion programme in conjunction with an open season for its Sanish Pipeline in...

Aminex, Solo Oil discover gas pay at Tanzania Ruvuma well
29 February 2012 Joint venture partners Aminex and Solo Oil have made a gas discovery at the Ntorya-1 exploration well in the Ruvuma Basin, onshore...

Gazprom picks Petrofac for first phase of Badra project in Iraq
28 February 2012 Gazprom Neft has awarded a $329m engineering, procurement and construction (EPC) contract to Petrofac for the first phase of the Badra oilfield development project in the Wasit province of...

TransCanada to reapply for Keystone XL pipeline permit
28 February 2012 TransCanada Corporation has submitted its plans to the US Department of State to file a presidential permit application for the Keystone XL project on the US/Canada...

TransCanada to extend Tamazunchale pipeline in Mexico
27 February 2012 TransCanada Corporation said it will invest $500m to extend the Tamazunchale Pipeline in...

Salamander reports successful appraisal in Thailand
27 February 2012 UK-based oil and gas exploration company Salamander Energy has reported the successful appraisal of Block L27/43 at the Dong Mun discovery in Northeast...

Petronas extends gas supply deal with Gas Malaysia for $26.4bn
24 February 2012 Malaysian national petroleum corporation Petroliam National (Petronas) has entered into a deal worth over $26.4bn to supply 492 million standard cubic feet per day (MMScfd) of natural gas to...

Talisman Energy, Mitsubishi form natural gas JV in Papua New Guinea
24 February 2012 Talisman Energy and Mitsubishi Corporation have entered into a joint venture deal to aggregate natural gas in Papua New...

The UK and Australia cooperate on LNG projects
23 February 2012 The UK and Australia are collaborating to encourage more UK companies to do business in Australia's rapidly expanding liquid natural gas industry through the Northern Australia Gas High...

TEAK Midstream to develop 200-mile natural gas pipeline in the US
23 February 2012 TEAK Midstream has unveiled plans to build a 200-mile natural gas gathering and residue delivery pipeline in south Texas, the...

Shell extends gas contract with Wood Group PSN
22 February 2012 Royal Dutch Shell has extended its contract with UK oil services company Wood Group PSN to deliver midstream engineering and construction...

NZRC to invest in NZ refinery upgrade
22 February 2012 The New Zealand Refining Company (NZRC) has unveiled plans to invest NZ$425m ($357m) to expand and update its ageing petroleum processing unit at Marsden Point near Whangarei, New...

Oman to award new onshore blocks in 2012
21 February 2012 Oman is set to award at least three new hydrocarbon blocks to international oil companies later this...

Mitsubishi and Encana Corp to invest in Canadian gas development project
21 February 2012 Japan's Mitsubishi Corporation has signed a deal with Encana Corporation to invest approximately C$2.9bn ($2.92bn) in a natural gas development project in British Columbia,...

Magnum Hunter unit acquires Utica Shale assets in the US
20 February 2012 Triad Hunter, a unit of Magnum Hunter Resources, has acquired leasehold mineral interests in the Utica Shale in Ohio, US, for...

Forest Oil acquires Permian Basin acreage in the US
20 February 2012 US based Forest Oil Corporation has acquired 68,500 gross acres in the Permian Basin, prospective for the Wolfbone oil play in Pecos and Reeves Counties,...

DCP Midstream to build new gas processing plant in the US
17 February 2012 DCP Midstream, a joint venture between Spectra Energy and ConocoPhillips, will build a new natural gas processing plant and associated low-pressure gathering system in Texas,...

Energy Transfer to expand Eagle Ford shale infrastructure
17 February 2012 Energy Transfer Partners will spend $210m to further expand its Rich Eagle Ford Mainline (REM) pipeline, serving the Eagle Ford shale region, and will build another new cryogenic...

Magnolia Petroleum acquires Oklahoma acreage
16 February 2012 Oil and gas explorer and producer Magnolia Petroleum has acquired 480 gross acres in the oil-producing Mississippi Lime formation in Oklahoma,...

Skolkovo Foundation approves UNIHEAT project in Russia
16 February 2012 The Skolkovo Foundation in Russia has approved the establishment of a Center of Applied Research on Energy Efficient Heat Exchange and Catalysis (UNIHEAT) aimed at making oil refining in...

San Leon discovers potential unconventional gas play in Poland
15 February 2012 Oil and gas explorer San Leon Energy has discovered a new potential unconventional gas play while drilling its Siciny-2 well in the SW Carboniferous basin of...

GeoPark acquires two Colombian exploration companies
15 February 2012 Oil and natural gas company GeoPark Holdings has made its entry into Colombia by acquiring two exploration and production companies operating in the country for $30m in...

Enterprise to expand storage capacity at US crude oil terminal
14 February 2012 Enterprise Products Partners, a provider of midstream energy services, will increase storage capacity at a crude oil terminal currently under construction in the US state of...

Circle Oil commissions new pipeline in Morocco
14 February 2012 UK-based oil and gas explorer and producer Circle Oil has pressure tested, certified and commissioned a new pipeline and associated infrastructure for its Rharb Basin permits in...

Energen to acquire Permian Basin properties in the US
13 February 2012 Energen Resources, the oil and gas exploration and production subsidiary of Energen Corporation, has entered into an agreement to buy properties in the Permian Basin's Wolfberry play in the US...

Petromanas signs farm-out deal for Albanian blocks
13 February 2012 Oil and gas company Petromanas Energy has entered into a definitive farm-out deal with a wholly-owned subsidiary of Royal Dutch Shell for two onshore exploration blocks in...

BG Group reports 19% rise in 2011 operating profits
10 February 2012 BG Group has reported a 19% rise in its full-year operating profits to $8.2bn in 2011 and said it is well set to deliver its global growth...

Copano Energy to extend Eagle Ford shale pipeline
10 February 2012 US-based Copano Energy will spend around $120m on the extension of its wholly-owned 96-mile DK Pipeline in the Eagle Ford shale...

Transcorp and partners agree on revised terms of Nigerian licence farm-in
09 February 2012 Transnational Corporation of Nigeria (Transcorp), upstream oil and gas company SacOil and Energy Equity Resources have agreed on revised terms for their partnership in the oil processing...

Total to sell stake in Colombian assets to Sinochem
09 February 2012 French oil company Total has entered into an agreement with Chinese state-run Sinochem to sell interests in oil field and pipeline assets in...

Indian Oil Corporation to invest $1.5bn to expand pipeline network
08 February 2012 Indian Oil Corporation (IOC) has unveiled plans to invest $1.57bn by 2015 to expand its pipeline...

Southcross expands capacity to serve Eagle Ford shale producers
08 February 2012 Southcross Energy has commenced construction of a fractionator and natural gas liquids (NGLs) and residue pipeline outlets in South Texas to better serve producers operating in the Eagle Ford...

EnerJex begins well drilling programme in Kansas
07 February 2012 US-based domestic onshore oil company EnerJex Resources has started drilling the first well on its recently-acquired acreage in its Mississippian Project located in Southeast...

Senex Energy discovers new oil at Cooper Basin well
07 February 2012 Senex Energy has announced the discovery of new oil on the western flank of the South Australian Cooper...

Petroceltic divests stake in Algerian production sharing contract
06 February 2012 Upstream oil and gas explorer and producer Petroceltic International has completed a deal to sell an 18.375% stake in the Isarene production sharing contract (PSC) in Algeria to Enel...

Wentworth starts drilling at fifth well in Mnazi Bay, Tanzania
06 February 2012 Independent oil and gas company Wentworth Resources has started drilling at the onshore Ziwani-1 exploration well in the Mnazi Bay concession area, Ruvuma Basin,...

Shell targets aggressive long-term growth
03 February 2012 Royal Dutch Shell has set out a strategic plan to deliver sustainable growth in the coming years with higher exploration investments and start-up of new...

Rosneft to acquire 35.3% stake in Taas-Yuryakh Neftegazodobycha
03 February 2012 Russian state-controlled oil company Rosneft has entered into a tentative agreement with Sberbank to acquire a 35.3% interest in Taas-Yuryakh Neftegazodobycha for...

New World Oil and Gas to increase stake in Belize project
02 February 2012 New World Oil and Gas has entered into an agreement with Blue Creek Exploration to amend the terms of a farm-out deal to increase its working interest in the Blue Creek project in northwest...

ERG sells 20% stake in Italian refinery to Lukoil
02 February 2012 Italy-based refiner ERG has announced it will sell a 20% stake in the ISAB refinery in Sicily to Russian oil company Lukoil in a deal worth...

MarkWest Energy to expand natural gas and liquids processing
01 February 2012 MarkWest Energy Partners has unveiled plans for the expansion of its capacity to process natural gas and liquids produced in the Utica and Marcellus shale plays in the...

Cheniere Energy signs 20-year LNG sale deal with KOGAS
01 February 2012 Cheniere Energy Partners has signed a deal with Korea Gas (KOGAS) for the sale of 3.5 million tonnes of liquefied natural gas (LNG) from the Sabine Pass terminal in Louisiana, US, a unit of...

January 2012

Top

Tethys Petroleum opens oil terminal in Kazakhstan
31 January 2012 Tethys Petroleum has officially opened its Aral Oil Terminal, a new oil storage and rail loading terminal in Kazakhstan for oil shipments from the company's Doris oil field into the Kazakh...

Plains Gas Solutions to build gas processing plant in North Dakota
31 January 2012 Plains Gas Solutions (PGS), a unit of Plains All American Pipeline, plans to build a cryogenic gas processing plant at its multi-product Ross Complex near Ross in the US state of North...

Motherwell Bridge and PROjEN form tank servicing alliance
30 January 2012 UK-based tank storage provider Motherwell Bridge has teamed up with project management company PROjEN to offer a complete suite of tank storage services from concept to...

BG Group increases LNG volumes in the US
30 January 2012 UK-based energy company BG Group has entered into an agreement to buy an additional two million tonnes of liquefied natural gas (LNG) per year, over a 20-year period from the Sabine Pass...

Range Resources and Leni to jointly develop onshore fields in Trinidad
27 January 2012 Range Resources and Leni Gas & Oil have entered into a partnership to jointly develop the Goudron and Beach Marcelle oil fields in the Eastern Fields Area of southern...

UOP to provide process technology for refinery project in Pakistan
27 January 2012 UOP, a wholly owned subsidiary of Honeywell International, has been selected by National Refinery Limited (NRL) to provide process technology for a refinery expansion in...

Sonangol Starfish starts drilling Reconcavo Basin
26 January 2012 Sonangol Starfish Oil & Gas, a unit of Angola's state-owned oil company Sonangol, has started drilling operations on an exploration well in the Reconcavo Basin in...

ADB approves $400m for Uzbek petrochemical plant
26 January 2012 The Asian Development Bank (ADB) has approved a $400m loan and political risk guarantee for the construction of a petrochemical plant in the Karakalpakstan region of...

Bulgaria bans shale fracking
25 January 2012 The Bulgarian Government has banned exploratory drilling for shale gas using the hydraulic fracturing extraction technique because of concerns over environmental...

Vermilion Energy acquires French oil-producing assets
25 January 2012 Canada-based Vermilion Energy has completed its acquisition of working interests in six French oil-producing fields from Total E&P...

Petrobras deploys AGR drilling system in Brazil
24 January 2012 Petrobras has completed the drilling of two wells in the Rio Grande do Norte region of Brazil using AGR's Enhanced Drilling...

PEDCO signs merger deal with Blast Energy Services
24 January 2012 Oil and natural gas company Pacific Energy Development Corp (PEDCO) has entered an agreement to merge with a wholly owned subsidiary of US-based Blast Energy...

Sinopec to increase interest in Australian LNG project
23 January 2012 China Petrochemical Corporation (Sinopec) has entered an agreement to acquire an additional 10% interest in the Australia Pacific LNG project on Curtis Island, near Gladstone, in...

Europa to relinquish stake in Romanian concession
23 January 2012 Europa Oil & Gas is to relinquish its 28.75% working interest in the EIII-1 Brodina concession in northern...

Halliburton to build new sand terminal in the US
20 January 2012 Oilfield services provider Halliburton is to build a major sand terminal for the oil and gas industry within the Great Western Industrial Park, in the US state of...

Strike Oil to embark on Cooper Basin drilling programme
20 January 2012 Strike Oil is to go ahead with its Cooper Basin drilling programme in Australia to evaluate unconventional potential oil and gas in two of the area's...

Obama rejects TransCanada plan to build Keystone XL pipeline
19 January 2012 TransCanada's plan to build and operate the Keystone XL pipeline has been rejected by US President Barrack Obama's administration, one month before a decision on the project was...

ADNOC to tender UAE onshore oilfield concessions
19 January 2012 The United Arab Emirates' state-owned oil company Abu Dhabi National Oil Company is preparing to open a tender for onshore oilfield...

Foster Wheeler wins Philippines refinery upgrade contract
18 January 2012 Switzerland-based Foster Wheeler has secured an engineering and procurement contract from Petron Corporation for a refinery upgrade project in the...

Essar Oil commissions hydrogen manufacturing unit at Indian refinery
18 January 2012 Essar Oil, a unit of Essar Energy, has commissioned a hydrogen manufacturing unit at its Vadinar refinery in the Indian state of...

Longford Energy to divest stake in Kurdistan block
17 January 2012 Oil and gas explorer and producer Longford Energy has entered an agreement to sell its 40% stake in the Chia Surkh exploration block in the Kurdistan region of Iraq to Genel Energy for...

Sinopec, Saudi Aramco to build oil refinery
17 January 2012 China-based Sinopec Group and Saudi Arabian state-owned oil company Saudi Aramco have entered into an agreement to build an oil refinery on the west coast of Saudi...

Pembina Pipeline to acquire Provident Energy
16 January 2012 Pembina Pipeline Corporation has agreed to acquire Canada-based Provident Energy, which owns an NGL infrastructure and logistics...

Japan to reduce oil dependency on Iran
16 January 2012 The Japanese Government is to gradually cut its dependency on oil imports from Iran....

Hoover Energy Partners acquires US midstream assets
13 January 2012 Hoover Energy Partners has bought midstream assets from Eagle Oil & Gas in Reeves County in the US state of Texas....

Denbury Resources to sell non-core assets for $155m
13 January 2012 Oil and natural gas firm Denbury Resources has entered a definitive agreement to sell non-core assets in the US to Petro Harvester Oil and Gas for $155m....

Ivanhoe unit to sell stake in Chinese natural gas block
12 January 2012 Sunwing Zitong Energy, a subsidiary of Ivanhoe Energy, has signed a binding memorandum of understanding to sell its stake in the Zitong natural gas block in China to a unit of Royal Dutch...

Marathon Oil plans accelerated drilling programme for Eagle Ford field
12 January 2012 Marathon Oil Corporation is to start an accelerated drilling programme for the Sugarloaf project, an Eagle Ford shale liquids-rich producing field in Texas,...

ONEOK completes North Dakota natural gas processing facility
11 January 2012 ONEOK Partners has begun operations at its new Garden Creek natural gas processing facility in the US state of North...

Essar Energy commissions Indian refinery amine regeneration unit
11 January 2012 Essar Oil, a subsidiary of Essar Energy, has commissioned an amine regeneration unit at its Vadinar refinery in the Indian state of...

Energy Solutions sells gas gathering and processing assets for $200m
10 January 2012 Energy Solutions Holdings, a portfolio company of Prospect Capital Corporation, has sold its gas gathering and processing assets for...

Circle Oil completes construction of new pipeline in Morocco
10 January 2012 Oil and natural gas explorer and producer Circle Oil has completed the construction of a new gas pipeline and associated infrastructure in...

Honeywell unit to provide technology for US petrochemical plant
09 January 2012 UOP, a subsidiary of Honeywell International, has been selected by The Dow Chemical Company to provide technology to convert shale gas-derived propane into propylene at a petrochemical facility...

Saudi Aramco, Sinopec to sign deal to build refinery in Saudi Arabia
09 January 2012 Saudi Arabian state-owned oil company Saudi Aramco is to sign an agreement with China-based Sinopec Group to build an oil refinery in Yanbu, Saudi...

Changfeng gets green light for Chinese natural gas utilisation project
06 January 2012 Changfeng Energy has obtained approval from the Xiangtan Municipal Development and Reform Commission of China for a proposed gas utilisation project in the Hunan province of...

KBR to provide construction services for ExxonMobil facility
06 January 2012 KBR has secured a contract from Technip USA to provide construction services for a new synthetics lubricant base stock facility in the US state of...

Aurelian secures two new Polish licences
05 January 2012 Aurelian Oil & Gas, a UK-based exploration and production company, has been awarded two new licences by Poland's Ministry of...

HollyFrontier to expand capacity at Woods Cross refinery
05 January 2012 Petroleum refiner and marketer HollyFrontier Corporation is to spend approximately $225m on expanding the capacity of its Woods Cross refinery in the US state of...

Enterprise Products Partners to build ethane pipeline in the US
04 January 2012 Enterprise Products Partners is to move ahead with the construction of the planned 1,230-mile Appalachia to Texas pipeline (ATEX Express) in the...

Total E&P USA completes $2.32bn Utica shale joint venture deal
04 January 2012 Total E&P USA, a unit of French oil company Total, has completed a $2.32bn deal to enter into a joint venture with Chesapeake Exploration and affiliates of EnerVest in the Utica shale,...

Petroplus to shut down three European refineries
03 January 2012 Oil refiner Petroplus Holdings will suspend operations at three of its refineries over the coming weeks due to limited credit availability and the economic climate in...

December 2011

Top

STWA inks LOI to commercialise oil pipeline technology in China
23 December 2011 STWA has signed a letter of intent with the Beijing Heng He Xing Ye Technology Development (Beijing TDC) to license STWA's Applied Oil Technology (AOT) for the Chinese...

New World Oil is operator of Danica project
22 December 2011 New World Oil and Gas has been named as the operator of licences 1/09 and 2/09 located in the productive Jutland onshore area in South Western...

Crimson Exploration begins production at Eagle Ford shale wells
22 December 2011 Crimson Exploration has begun production from two wells located in Texas, US, following completion of drilling...

Gulf Keystone spuds Shaikan-6 appraisal well
21 December 2011 Gulf Keystone has spudded the Shaikan-6 appraisal well in the Kurdistan Region of...

APICORP awards loan to build oil terminal in the UAE
21 December 2011 The Arab Petroleum Investments Corporation (APICORP), a multilateral development bank, has signed an agreement to provide a $61m loan to fund the construction of the Socar Aurora Fujairah...

Exoma Energy confirms shale oil play at Australian block
20 December 2011 Exoma Energy has received independent laboratory analyses for the Bessies-1 well, located in central Queensland,...

Europa Oil & Gas suspends production at UK prospect
20 December 2011 Europa Oil & Gas has temporarily suspended production at the West Firsby 7 well in Lincolnshire,...

Blugrass Energy signs letters of intent to buy US assets
19 December 2011 Blugrass Energy has signed letters of intent with multiple parties to buy oil and gas-producing properties in the Mississippian play in Oklahoma,...

Tethys discovers oil on Omani block
19 December 2011 Tethys Oil has discovered another oil-bearing fault block after drilling the Farha South-17 (FS-17) well, onshore block 3 in the Sultanate of...

Kinder Morgan to build new US condensate processing facility
16 December 2011 Kinder Morgan Energy Partners has approximately $130m to build, own and operate a new petroleum condensate processing facility in Houston, Texas,...

Western Gas Partners to acquire Anadarko US midstream assets
16 December 2011 Western Gas Partners has entered an agreement to purchase midstream energy assets from Anadarko Petroleum for...

Kazakhstan to acquire 10% stake in Karachaganak project
15 December 2011 The Republic of Kazakhstan has entered an agreement to acquire a 10% stake in the Karachaganak gas-condensate field in north-west...

Shaw to conduct feasibility study for Iraqi refinery
15 December 2011 The Shaw Group has received a contract from the South Refineries Company to conduct a feasibility study for the rehabilitation of a refinery in...

Magnum Hunter, Stone Energy sign joint exploration deal
14 December 2011 Magnum Hunter Resources has entered into a joint development and joint operating deal with Stone Energy, covering an existing mineral leasehold position owned by both companies in the US state...

Crestwood to build natural gas gathering system in the US
14 December 2011 Crestwood Midstream Partners has signed a memorandum of understanding with Mountaineer Keystone to build a natural gas gathering system in West Virginia in the...

Cheniere unit signs LNG supply deal with GAIL (India)
13 December 2011 Sabine Pass Liquefaction, a unit of US-based Cheniere Energy Partners, has signed an agreemant with GAIL (India) to supply liquefied natural gas for 20...

MarkWest to buy EMG stake in midstream joint venture
13 December 2011 MarkWest Energy Partners has signed a letter of intent (LOI) to acquire Energy & Minerals Group's (EMG's) 49% stake in MarkWest Liberty Midstream & Resources, a joint venture engaged in the...

Vedanta acquires majority stake in Cairn India
12 December 2011 Mining company Vedanta Resources has completed the acquisition of a majority stake in Indian oil and gas explorer Cairn India for...

Direct Energy to acquire natural gas assets in Canada
12 December 2011 Direct Energy, a subsidiary of UK-based energy company Centrica, has signed a deal with the Encana Corporation to buy natural gas assets in the Carrot Creek region of west central Alberta,...

Encana to sell Canadian natural gas processing plants
09 December 2011 Encana Corporation will sell two natural gas processing plants in Canada to energy infrastructure company Veresen for C$920m...

Fortress Energy to acquire Alvorada Petroleo
09 December 2011 Canada-based Fortress Energy has signed a letter of intent to buy Brazilian oil and gas company Alvorada Petroleo for...

Enbridge to expand North Dakota crude oil system
08 December 2011 Enbridge Energy Partners will spend $145m on expanding the capacity of its Berthold crude oil system in North Dakota,...

Roxi Petroleum to begin pilot production at Kazakh field
08 December 2011 Oil and gas company Roxi Petroleum has obtained final regulatory approval to start pilot production at its South Yelemes field in...

Comstock Resources to acquire Eagle acreage in Texas
07 December 2011 Comstock Resources has signed a deal to buy acreage in Texas, US, from Eagle Oil & Gas and other parties for...

Centrica, Qatar Petroleum to pursue energy investments
07 December 2011 UK-based energy company Centrica has signed a memorandum of understanding with a unit of Qatar Petroleum to pursue joint investments in oil and gas...

Shell sells stake in Nigerian oil mining leases
06 December 2011 Royal Dutch Shell has sold its 30% interest in two oil mining leases and related facilities in the Niger Delta for...

FMC Technologies, Anadarko sign global alliance deal
06 December 2011 FMC Technologies has entered a global alliance agreement with Anadarko Petroleum to provide subsea systems and...

IREN secures EIB loan for Italian regasification plant
05 December 2011 IREN has obtained a €240m loan from the European Investment Bank for the completion of a regasification plant in Livorno,...

BP to sell Canadian natural gas liquids business for $1.67bn
05 December 2011 BP has agreed to sell its Canadian natural gas liquids business to a unit of US-based Plains All American Pipeline for...

Kinder Morgan to expand storage capacity at Canadian terminal
02 December 2011 Kinder Morgan Energy Partners will build seven storage tanks for crude oil and condensate at its Edmonton terminal in Strathcona County in the Canadian province of...

ExxonMobil introduces online industrial lubricant selector
02 December 2011 ExxonMobil Lubricants & Specialties has launched a new online industrial lubricant...

TAG Oil receives drilling approval for New Zealand oil and gas field
01 December 2011 TAG Oil has received approval to drill 18 new wells in its Cheal oil and gas field in Taranaki, New...

Nexen, Inpex to develop British Columbia assets
01 December 2011 Nexen is to enter a strategic partnership with a consortium led by Japanese firm Inpex to develop shale gas assets in Horn River and the Cordova and Liard basins in north-east British...

November 2011

Top

Drillsearch signs gas sale agreement with SACB
30 November 2011 Drillsearch Energy has signed a gas sale agreement with the South Australian Cooper Basin (SACB) Joint Venture for the commercialisation of the Middleton and Brownlow gas discoveries in...

CNOOC completes acquisition of OPTI Canada for $2.1bn
30 November 2011 CNOOC subsidiary CNOOC Luxembourg has finalised the acquisition of Canadian firm OPTI Canada for a total value of...

Ascent Resources encounters high gas flows at Slovenian well
29 November 2011 Ascent Resources has encountered high gas flows from the fracture stimulation completed on the Pg-10 well, which is located at the Petišovci project,...

Mitsubishi, Shell, SGC, form Iraq natural gas joint venture
29 November 2011 Mitsubishi, Shell and South Gas (SGC) have signed a joint venture agreement with Iraq's Ministry of Oil to capture associated gas in the southern region of the...

PetroMagdalena acquires additional stake in Colombian block
28 November 2011 PetroMagdalena Energy has executed a conditional assignment agreement with Pacific Stratus Energy Colombia to acquire an additional stake in the Arrendajo block in the Llanos Basin,...

Max Petroleum discovers oil at Kazakh well
28 November 2011 Max Petroleum has discovered oil at well ZMA-A19 in the Zhana Makat field,...

Foster Wheeler wins US gas storage facility contract
25 November 2011 Peregrine Midstream Partners subsidiary Ryckman Creek Resources has awarded a project management contract to Foster Wheeler for the Ryckman Creek natural gas capacity storage project in Wyoming,...

Lucas Energy completes acquisition of Texas oil and gas leases
25 November 2011 Lucas Energy has completed the acquisition of Nordic Oil USA's interest in oil and gas leases in the Wilson, Gonzales and Karnes counties of Texas, US, for...

Mogul Energy completes Stafford well drilling
24 November 2011 Mogul Energy International has completed the drilling and testing of Stafford Well #2, which is located in the La Ward NE field area of Jackson County, Texas,...

Porto Energy to evaluate Portugal’s tight oil potential
24 November 2011 Porto Energy has signed a memorandum of understanding (MoU) with the Netherland's Sorgenia International and Austria's Rohöl-Aufsuchungs Aktiengesellschaft to evaluate Portugal's tight oil...

ACOR to acquire onshore assets in Australia
23 November 2011 Australian-Canadian Oil Royalties (ACOR) has signed agreements with two private Australian companies and a private Canadian company to acquire onshore assets in the Surat Basin in...

SAIC wins contract for US refineries
23 November 2011 Science Applications International Corporation (SAIC) has received a $38m contract from Holly Refining & Marketing -...

Solimar Energy confirms oil reserves at California project
22 November 2011 Solimar Energy has confirmed large oil reserves through an independent evaluation of its Kreyenhagen project in the San Joaquin Basin in California,...

Guinea to build $2bn oil refinery
22 November 2011 The Guinea Government has approved a plan for the construction of a $2bn oil...

Enbridge to acquire SCPS for $1.15bn
21 November 2011 Enbridge has entered an agreement with ConocoPhillips to acquire a 50% interest in the Seaway Crude pipeline system (SCPS) for...

Alamo, Northdown to develop UK onshore licences
21 November 2011 Alamo Energy has entered an agreement with Northdown Energy for the development of its UK onshore...

BHP to invest $4.5bn on US shale gas operations
18 November 2011 BHP Billiton is to spend $4.5bn next year on developing shale gas in the...

Atlas Pipeline to build cryogenic processing plant at Texas facilities
18 November 2011 Atlas Pipeline Partners is to build a new 200 million cubic feet per day (mmcfd) cryogenic processing plant at its West Texas facility for...

USI to acquire Bossier-Haynesville Shale natural gas gathering system
17 November 2011 US Infrastructure Holdings (USI) is to purchase the Wildcat Sabine natural gas gathering system in the Bossier-Haynesville Shale, which is located along the Texas-Louisiana border,...

Legacy Reserves completes acquisition of Permian Basin assets
17 November 2011 Legacy Reserves LP has bought Permian Basin properties located in the Lea, Eddy and Chaves counties of New Mexico for $18m in cash and 278,396 Legacy...

Oil & Gas Development discovers hydrocarbons at Nashpa well
16 November 2011 Pakistan-based Oil & Gas Development has discovered hydrocarbons at the Nashpa 02 appraisal well in the Karak District of...

Kodiak to acquire additional acreages in Williston Basin
16 November 2011 Kodiak Oil & Gas has entered definitive purchase and sale agreements with a private oil and gas firm and its financial partners to acquire additional acreages in Williston Basin in North...

HRT discovers oil and gas at Brazilian well
15 November 2011 HRT Participações em Petróleo has discovered oil and gas in the 1-HRT-4-AM well, located in the SOL-T-194 block, Solimões Basin,...

San Leon begins drilling Polish well
15 November 2011 San Leon Energy has started drilling the Siciny-2 well, which is located in the south-west Carboniferous Basin,...

Pembina to expand Canadian NGL capacity
14 November 2011 Pembina Pipeline is to increase the throughput capacity on its Peace and Northern pipelines in Canada by 55,000 barrels per day, as part of its natural gas liquids...

Sound Oil acquires Italian oil and gas permits
14 November 2011 Sound Oil has acquired Celtique Energie's 50% interest in three Italian oil and gas permits for...

Holly Energy completes acquisition of HollyFrontier's assets
11 November 2011 Holly Energy Partners has completed acquisition of HollyFrontier's assets for...

Austin Exploration starts drilling at Eagle Ford Shale project
11 November 2011 Austin Exploration has commenced drilling on the Krueger #1 well located on the Eagle Ford Shale project at the Birch Prospect in Burleson County,...

Gulf Keystone increases Shaikan oil reserves estimates
10 November 2011 Gulf Keystone Petroleum has upgraded the oil-in-place volumes of the Shaikan discovery in the Kurdistan Region of...

Victory Energy commences drilling at Jones County prospect
10 November 2011 Victory Energy has begun drilling the Rosenquist #1 well, which is located in the Jones County prospect in north-central Texas,...

BNK subsidiary acquires Spanish oil and gas concessions
09 November 2011 BNK Petroleum subsidiary Trofagas Hidrocarburos has won the Sedano oil and gas concession in...

Petro-Hunter starts North Oklahoma Mississippi Lime production
09 November 2011 US E&P firm Petro-Hunter has started oil and gas production from its second horizontal well, NOW-2H, at the North Oklahoma Mississippi Lime project in the...

CHK to divest Utica Shale assets for $3.4bn
08 November 2011 Chesapeake Energy (CHK) has entered two transactions to divest a portion of its 6,070km² area in the Utica Shale play in eastern Ohio, US, for...

LINN to acquire Plains oil and gas assets
08 November 2011 LINN Energy has signed a definitive purchase agreement to acquire the oil and gas assets of Plains Exploration & Production for...

Encana to divest North Texas natural gas assets
07 November 2011 Encana Oil & Gas is to divest its North Texas natural gas-producing properties to partnerships managed by EnerVest for...

3P to acquire stake in KUB-Gas
07 November 2011 3P International Energy has entered a letter of intent with Gastek and its shareholder Parma to acquire Gastek's indirect 30% interest in...

Enbridge to acquire additional stake in Canadian gas plant
04 November 2011 Enbridge has made an agreement with Encana to acquire an additional 13.3% stake in the Cabin Gas plant development in British Columbia,...

Origin, Sasol to develop Botswana CSG licences
04 November 2011 Origin Energy and Sasol have formed a joint venture to explore coal seam gas (CSG) in...

Enterprise Products to expand Texan NGL infrastructure
03 November 2011 Enterprise Products Partners is to expand its natural gas and natural gas liquids infrastructure in South Texas, US, to accommodate production growth from the Eagle Ford Shale...

Legacy Reserves to acquire Permian Basin and Wyoming assets
03 November 2011 Legacy Reserves has entered two agreements to acquire oil and natural gas properties in the Permian Basin and Wyoming, US, for a total value of...

Eagle Rock to build gas processing plant in Texas
02 November 2011 Eagle Rock Energy is planning to invest $100m for a new 125 MMcf/d high efficiency cryogenic processing plant in Wheeler County, Texas,...

Antares to receive debt facility Permian Basin assets
02 November 2011 Antares Energy has executed a committed letter of offer for a debt facility of A$188.5m ($200m) from Macquarie Bank for the development of oil and gas assets in the Permian Basin, West Texas,...

Pemex to start Salamanca refinery upgrade in 2012
01 November 2011 Mexican oil firm Pemex is to start upgrading its Salamanca refinery in 2012 to cut Mexico's petrol...

Kodiak completes acquisition of Williston Basin assets
01 November 2011 Kodiak Oil & Gas has completed its acquisition of oil and gas producing properties and an undeveloped leasehold in Williston Basin, North Dakota,...

October 2011

Top

Kenya selects IBM software for refinery operations
31 October 2011 Kenya Petroleum Refineries has selected IBM’s new solution to increase the productivity and efficiency of its refinery operations in East...

Arsenal Energy to acquire oil assets in Alberta
31 October 2011 Arsenal Energy has entered into an agreement to acquire certain oil-producing properties in eastern Alberta, Canada, for...

WGPC completes Texan gas processing facility expansion
28 October 2011 Martin Midstream Partners joint venture Waskom Gas Processing (WGPC) has completed an expansion project at the Waskom gas processing and natural gas liquids fractionation facility in Texas, US....

Americas Petrogas discovers oil in Argentina
28 October 2011 Americas Petrogas has made three conventional oil discoveries on the Rinconada Norte block located in La Pampa Province in the Neuquén Basin of...

Kinder Morgan to acquire SouthTex Treaters
27 October 2011 Kinder Morgan Energy has signed a purchase and sale agreement to acquire SouthTex Treaters for...

PetroMagdalena discovers light oil at Colombian well
27 October 2011 PetroMagdalena Energy has made a new light oilfield discovery at the Copa A Sur-1 exploration well located in the Cubiro block of the Llanos Basin,...

Key Petroleum to acquire Gulliver Productions
26 October 2011 Key Petroleum has signed an agreement with Empire Oil & Gas to acquire 100% of Gulliver Productions, a subsidiary of Empire Oil &...

Blacksands Pacific, OGTF to develop US oil and gas leases
26 October 2011 The Blacksands Pacific Group has entered a joint venture agreement with Oil and Gas Technology Fund for the development of oil and gas leases in California and Nevada,...

Golden Gate discovers oil and gas in Texas well
25 October 2011 Golden Gate Petroleum has discovered significant oil and gas at the SRH-C # 6H well located in Reagan County, Texas,...

UGIES to expand Auburn gathering system in Pennsylvania
25 October 2011 UGI subsidiary UGI Energy Services (UGIES) is to spend $150m on extending its Auburn gathering system in Pennsylvania,...

ETP to build gas gathering pipeline and processing plant
24 October 2011 Energy Transfer partners (ETP) has entered an agreement with ExxonMobil subsidiary XTO Energy to provide natural gas gathering, processing and transportation services from the Woodford and...

Primary Petroleum to sell stake in Western Montana oil assets
24 October 2011 Primary Petroleum has signed sale and joint venture agreement with a US-based industry partner to sell its 32.5% interest in a 1,177km² area in Western Montana, US, for...

SMOE wins contract for Australian LNG facility
21 October 2011 SMOE, a subsidiary of Sembcorp Marine, has received a contract from Bechtel Overseas for the module assembly of Australia Pacific LNG's liquefied natural gas plant on Curtis Island,...

Spectra to provide natural gas services to Progress Energy
21 October 2011 Spectra Energy and Progress Energy Resources have executed multi-year agreements to provide 370MMcf/d of natural gas gathering and processing...

Aurelian discovers gas at Polish gas field
20 October 2011 UK-based Aurelian Oil & Gas has discovered gas at the Krzesinki-1 exploration well in block 207 on the Siekierki tight gas field in...

ETP to sell propane operations to AmeriGas for $2.9bn
20 October 2011 Energy Transfer Partners (ETP) has entered an agreement to sell its propane operations, which include Heritage Operating and Titan Energy, to AmeriGas Partners for...

Kinder Morgan to acquire El Paso for $38bn
19 October 2011 Kinder Morgan (KMI) has entered a definitive agreement to acquire all of the outstanding shares of El Paso, including the assumption of debt outstanding at El Paso and El Paso Pipeline...

Statoil to acquire Brigham Exploration for $4.4bn
19 October 2011 Statoil is to acquire all issued and outstanding shares of Brigham Exploration for $36.50 per share for a total value of...

Encana to expand capacity of Canadian gas processing plant
18 October 2011 Encana and Pembina Pipeline have entered an agreement to expand the processing and liquids extraction capacity of the Resthaven natural gas processing plant in west-central Alberta, Canada,...

Repsol-YPF to invest $3bn in Peruvian operations
18 October 2011 Spain-based oil firm Repsol-YPF is to invest up to $3bn in its Peru operations over the next five...

Gulfmark Energy to co-develop Eagleford Shale assets
17 October 2011 Gulfmark Energy Group has signed a non-binding $55m letter of intent with Notre-Dame Capital to assist with the development of the Eagleford Shale assets in Texas,...

PRE, GE to acquire US oil and gas assets
17 October 2011 PRE Resources is to form a partnership with GE Energy Financial Services to acquire over 100 producing wells and undeveloped acreage across 29 fields in the US states of Wyoming and...

Ramboll awarded $11m contract for German gas terminal
14 October 2011 Danish firm Ramboll Oil & Gas has received a pre-engineering update contract from Norway-based Gassco to upgrade the Norsea gas terminal in northern...

First Reserve, Energy Corporation form joint venture
14 October 2011 First Reserve has entered an agreement with Energy Corporation of America to form a joint venture for gas gathering...

Summit Midstream to acquire Encana's Piceance Basin assets
13 October 2011 Summit Midstream Partners has entered a purchase and sale agreement with Encana Oil & Gas to acquire natural gas midstream assets in the Piceance Basin, Colorado, US, for...

Jacobs Engineering awarded $1.4bn contracts for Alberta Oil Sands projects
13 October 2011 Jacobs Engineering Group has won new contracts worth over $1.4bn from seven clients operating in the Alberta Oil Sands to support their steam-assisted gravity drainage and bitumen...

Maurel & Prom discovers oil at Colombian licence
12 October 2011 Maurel & Prom has discovered oil at its stratigraphic well Sab-Strat 1A, which was drilled on the Sabanero licence in...

Sinopec to acquire Daylight Energy for $2.1bn
12 October 2011 Sinopec International Petroleum Exploration and Production has entered an agreement to acquire all the shares of Daylight Energy for C$2.2bn...

Enbridge to acquire stake in Encana's Canadian gas plant
11 October 2011 Encana has reached an agreement with Enbridge to sell its interest in the Cabin gas plant in the Horn River Basin, British Columbia, Canada, for C$220m...

AER Energy to form joint venture with Eric Johnson and Riverton Energy
11 October 2011 AER Energy Resources has signed an agreement with Eric Johnson and Riverton Energy to form a joint venture to acquire oil and gas leases in South Central Louisiana,...

Flour wins FEED contract for Canadian refinery
10 October 2011 Fluor has received a front-end engineering and design (FEED) services contract from North West Redwater Partnership for its new refinery project in Alberta,...

East West Petroleum acquires Moroccan block
10 October 2011 East West Petroleum has signed a petroleum agreement with Office National des Hydrocarbures et des Mines (ONHM) to acquire the Doukkala exploration block,...

Eureka Hunter, Triad Hunter sign deal with Mark West Liberty
07 October 2011 Eureka Hunter Pipeline and Triad Hunter have signed definitive services agreements with MarkWest Liberty Midstream & Resources for long-term midstream processing and related services in the...

Baron Energy acquires stake in Texas oil assets
07 October 2011 Baron Energy has bought a 20% interest in an oil-producing property located in Texas, US, for an undisclosed...

American Energy Development begins drilling at Dansville prospect
06 October 2011 American Energy Development (AED) has started drilling at the Brown #2-12 well in the Dansville prospect in Michigan, US, targeting Niagaran oil...

Panhandle to acquire gas assets in Fayetteville Shale
06 October 2011 Panhandle Oil and Gas has agreed to buy interests in 193 non-operated natural gas wells and a 6km² area in Arkansas, US, for $17.5m from a private...

Heritage Oil buys 51% stake in Sahara Oil Services
05 October 2011 UK-based oil and gas exploration and production company Heritage Oil has acquired a 51% interest in Libya-based Sahara Oil Services for...

Enbridge, EEP to expand crude oil pipelines
05 October 2011 Enbridge and Enbridge Energy Partners (EEP) are to spend $120m expanding two pipelines in order to provide increased access to refineries in the US and...

Carrizo, Avista to develop Utica Shale acreage
04 October 2011 Carrizo Oil & Gas and Avista Capital Partners have entered a joint venture agreement to acquire and develop acreage in the Utica Shale unit of the Appalachian...

New Standard Energy, ConocoPhillips to develop Australian project
04 October 2011 New Standard Energy has signed a binding farm-out agreement with ConocoPhillips to explore and evaluate the shale gas potential of the Goldwyer project in Canning Basin, Western...

Enterprise Products, Enbridge to build US crude oil pipeline
03 October 2011 Enterprise Products Partners will work in collaboration with Enbridge to design, construct and operate a new pipeline to transport crude oil from Cushing, Oklahoma, to the Texas Gulf Coast...

EnerJex to acquire additional acreage in Mississippian oil play
03 October 2011 EnerJex Resources has been granted an option to acquire a 90% working interest in 1,920 oil-producing acres adjacent to its Black Oaks project in Mississippi,...

September 2011

Top

Flint Energy awarded $430m contract for SAGD oil sands project
30 September 2011 Flint Energy Services has won a construction contract for a steam-assisted gravity drainage (SAGD) oil sands project in the Wood Buffalo region in Alberta,...

Kodiak Oil to acquire Williston Basin assets
30 September 2011 Kodiak Oil & Gas has entered a definitive purchase and sale agreement with a private oil and gas firm to acquire additional producing properties and an undeveloped leasehold in the Williston...

ConocoPhillips to sell Trainer refinery
29 September 2011 ConocoPhillips is to sell its refinery in Trainer, Pennsylvania, US, along with associated pipelines and...

SandRidge to sell East Texas gas assets to NFR
29 September 2011 SandRidge Energy has signed a purchase and sales agreement with NFR Energy to sell its East Texas natural gas properties in Gregg, Harrison, Rusk and Panola counties for $231m.....

PDCM to acquire Seneca-Upshur assets
28 September 2011 PDC Mountaineer (PDCM) has executed a definitive agreement to acquire the interests of Seneca-Upshur for $152.5m....

Consol Energy to sell Marcellus Shale assets to Antero Resources
28 September 2011 Consol Energy will sell part of its overriding royalty interests (ORI) in Marcellus Shale assets, to Antero Resources Appalachian for...

PAA begins US terminal expansion
27 September 2011 Plains All American Pipeline (PAA) has started its phase IV expansion of the St James terminal facility in Louisiana,...

Fluxys G to acquire Eni gas pipeline assets
27 September 2011 Fluxys G has signed a purchase agreement to acquire a stake in Eni's gas pipeline assets in Switzerland and Germany for more than...

L&T wins $140m contract for Oman gas field development project
26 September 2011 Indian firm L&T Hydrocarbon has been awarded a Rs.7bn ($140m) contract from Petroleum Development Oman to set up a greenfield project to treat three million cubic metres of gas per...

Caudrilla Resources discovers huge shale gas reserves in the UK
26 September 2011 Cuadrilla Resources has discovered huge shale gas reserves in Lancashire, north-west...

Equitrans gets FERC go-ahead to build US gas pipeline system
23 September 2011 EQT Corporation subsidiary Equitrans has received approval from the Federal Energy Regulatory Commission for the construction of a new natural gas pipeline in Pennsylvania and West, US, as part...

Saipem wins EPC contract for Canadian oil sands project
23 September 2011 Saipem has won a new engineering, procurement and construction contract from Canadian Natural Resources for its Horizon oil sands project in...

American Energy to purchase Reservoir Resources
22 September 2011 American Energy Development has entered into an agreement to acquire Ireland-based Reservoir Resources, a company focused on the exploration of oil and gas basins in the...

Sundance Energy completes drilling at Canadian property
22 September 2011 Sundance Energy has completed drilling of the first in its S.E. Saskatchewan drilling...

Sasol signs agreement for Uzbekistan GTL project
21 September 2011 Sasol and its partners Uzbekneftegaz and Petronas have signed an investment agreement with the Government of Uzbekistan for the development and implementation of a gas-to-liquids (GTL) project...

IGas Energy to acquire Star Energy Group
21 September 2011 IGas Energy has signed a sale and purchase agreement to acquire Star Energy Group from Petronas International for...

Aker Solutions to relocate pipeline operations to Norway
20 September 2011 Aker Solutions is moving its process and pipeline business operations from Aberdeen, Scotland, to a new 10,000ft² location in Stavanger, Norway. The company will provide its...

Chevron to supply LNG to Japanese firm
20 September 2011 Chevron's Australian subsidiaries have signed a sales and purchase agreement with Japan-based Kyushu Electric Power for the delivery of liquefied natural gas (LNG) from the Wheatstone project...

TAP submits INGS application to Greek Authority
19 September 2011 The Trans Adriatic Pipeline (TAP) has submitted its application for the construction of an independent natural gas system (INGS) to the Greek Regulatory Authority for Energy. The Greek...

CDJV wins contract for Australian GLNG project
19 September 2011 Fluor has awarded Clough Downer Joint Venture a $600m contract for the construction of pipelines, compression facilities and associated infrastructure relating to the Fairview component of...

KMP to build new pipeline in the US
16 September 2011 Kinder Morgan Energy Partners (KMP) is to build and operate a new 136 mile, 16 inch pipeline for the transportation of petroleum products in the US. KMP will partner Valero Energy in a...

UOP, Foster win contract to expand Oman refinery
16 September 2011 Oman Refineries and Petrochemicals has awarded a contract to Foster Wheeler and Honeywell's UOP for the expansion of the Sohar refinery in Oman. Under the contract, UOP and Foster Wheeler...

Sasol to build GTL facility in Louisiana
15 September 2011 South African firm Sasol is to build a gas-to-liquids (GTL) facility in the south-western region of Louisiana, US, to produce GTL transportation fuel and other products. Sasol will carry out...

Enbridge to invest $1.2bn in new line for Athabasca pipeline
15 September 2011 Enbridge is to add a new line to the southern section of its Athabasca pipeline from Kirby Lake to the Hardisty crude oil hub in Alberta, Canada, at an estimated cost of $1.2bn. The new...

Americas Petrogas discovers oil in Argentinean block
14 September 2011 Americas Petrogas and its co-venturer Gran Tierra Energy have made a significant new oil discovery at the RN x-1004 well on the Rinconada Norte block in Neuquen Basin, Argentina. The well...

EGPI, Paradigm to form joint venture for T-EOR technology
14 September 2011 EGPI Firecreek and Paradigm Oil and Gas have signed a letter of intent to form a joint venture partnership to recover oil using Paradigm's transportable enhanced oil recovery (T-EOR)...

Kenyan pipeline explosion kills 75 people
13 September 2011 At least 75 people were killed and more than 100 injured in a pipeline explosion in Kenya yesterday. The blast took place in Kenyan capital Nairobi, in an industrial area between Jomo...

BIS to acquire 100% interest in Alpha
13 September 2011 The Bilfinger Berger Industrial Services Group (BIS Group) will acquire a 100% interest in German firm Alpha Mess-Steuer-Regeltechnik from Funkwerk for an undisclosed amount. Alpha...

TAP submits authorisation application for gas pipeline in Italy
12 September 2011 Trans Adriatic Pipeline (TAP) has submitted a single authorisation application to the Ministry of Economic Development in Italy. TAP submitted the application to obtain the final permits...

HPCL to build $9.5bn refinery in India
12 September 2011 Indian firm Hindustan Petroleum (HPCL) is to set up an 18 million tonnes per year refinery in Maharashtra, India, with expected costs of $9.5bn. The firm will construct the refinery in...

CONSOL, Hess to explore and develop Utica Shale in Ohio
09 September 2011 CONSOL Energy has entered an agreement with Hess Corporation for the joint exploration and development of CONSOL Energy's 809km² Utica Shale play in Ohio, US. Hess will pay a...

Encana to sell Colorado natural gas midstream assets
09 September 2011 Encana Oil & Gas has agreed to sell a portion of its Piceance natural gas midstream assets in Colorado, US, to a private midstream firm for $590m. The Piceance basin midstream assets...

Enterprise, Enbridge and Anadarko to build NGL pipeline in Texas
08 September 2011 Enterprise Products Partners, Enbridge Energy Partners and Anadarko Petroleum have entered an agreement to design and construct a new natural gas liquids (NGL) pipeline in Texas, US. The...

Sunoco to exit refining business
08 September 2011 Sunoco has unveiled plans to sell its oil refineries in Philadelphia and Marcus Hook in Pennsylvania, US. The firm is conducting a comprehensive strategic review and plans to focus on its...

DNO International to merge with RAK Petroleum
07 September 2011 DNO International and RAK Petroleum have signed definitive documents to merge RAK Petroleum's oil and gas operating companies into DNO International in exchange for DNO International...

Circle Oil receives exploration extension for Oman oil and gas block
07 September 2011 Circle Oil has obtained an extension of the exploration period from Oman's Ministry of Oil and Gas for onshore Block 49, Oman. Block 49 covers an area of 15,438km² and lies 700km...

Foster Wheeler wins design contract for Kazakhstan refinery
06 September 2011 Foster Wheeler is to provide a basic engineering design for a new hydrogen production unit to be built at the KazMunayGas Atyrau refinery in Kazakhstan. Foster Wheeler received the contract...

Apache to develop TAG Oil's New Zealand oil and gas permits
06 September 2011 TAG Oil has entered a farm-out agreement with Apache Corporation to explore and develop oil and natural gas resources in the East Coast Basin of New Zealand. Under the terms of the...

Williams Partners receives approval for gas pipeline expansion in US
05 September 2011 Williams Partners has received approval from the Federal Energy Regulatory Commission to expand its 10,000 mile Transco natural gas pipeline in the US. The expansion is estimated to cost...

Murphy Oil to sell US refinery to Valero Energy
05 September 2011 Murphy Oil Corporation has agreed to sell its oil refinery and related assets in Louisiana, US, to a subsidiary of Valero Energy Corporation. The deal has a total consideration of...

HPCL-Mittal Energy begins crude oil processing at Indian refinery
02 September 2011 The HPCL-Mittal Energy joint venture has started processing crude oil at its Rs160bn ($3.4bn) Guru Gobind Singh refinery in Punjab, India. The joint venture received the first consignment...

Foster Wheeler wins contract for gas processing plants in Norway
02 September 2011 Foster Wheeler, through a subsidiary of its Global Engineering and Construction Group, has received a contract from Aibel for the provision of detailed design engineering services for its...

Beach Energy secures drill rigs for Cooper Basin exploration
01 September 2011 Beach Energy has contracted two drill rigs from Ensign Australia for its unconventional shale gas appraisal programme, which will begin in Cooper Basin, Australia. Beach Energy will use...

DCP to buy Atlas's Mid-Continent NGL
01 September 2011 DCP Midstream subsidiary DCP NGL Services has signed agreements to purchase natural gas liquid (NGL) production from Atlas Pipeline Partners (APP)'s processing facilities in Oklahoma and Texas,...

August 2011

Top

San Miguel to upgrade Malaysian oil refinery
31 August 2011 Philippines-based San Miguel is to invest $1bn in upgrading the Port Dickson refinery in Malaysia. The investment will be used to increase the refinery's production capacity from 50,000...

Maersk Oil buys interest in HKN Energy
31 August 2011 Maersk Oil has acquired a 20% stake in Hillwood International Energy's subsidiary HKN Energy. HKN Energy holds a 75% interest in and operatorship of the Sarsang licence area in...

Transfield Services awarded Cooper, Eromanga contract from Santos
30 August 2011 Transfield Services has received a A$100m ($106m) contract from Santos to provide construction and maintenance services at its operations in the Cooper and Eromanga basins in central Australia. ...

PetroMagdelana to sell stake in Colombian oil block
30 August 2011 PetroMagdalena Energy has signed a letter of intent to farm out 30% of the Santa Cruz block in Colombia, in which it holds a 100% interest. Under the contract, the company will carry 60% of...

Ascent Resources completes drilling at Slovenian prospect
26 August 2011 Ascent Resources has completed the drilling of the Pg-10 well at the Petisovci project in Slovenia. The company drilled the well to a total depth of 3,545m and confirmed the presence of 123m...

Foster Wheeler wins EPCM contract for South African refinery
26 August 2011 Foster Wheeler has received an engineering, procurement and construction management services (EPCM) contract from Engen Petroleum for its refinery in South Africa. Under the contract,...

Exoma Energy starts drilling Australia's Katherine well
25 August 2011 Exoma Energy has begun drilling the Katherine-1 well, which is located in the Eromanga Basin, Queensland, Australia. This is the fifth well to be drilled under the 2011 exploration...

Encore Energy makes oil and gas deals in the US
25 August 2011 Encore Energy has completed the acquisition of producing oil and natural gas assets in the Permian Basin of West Texas, US, for $14.8m from a private seller. The assets have estimated total...

Petro Matad discovers hydrocarbons at Mongolian well
24 August 2011 Petro Matad has encountered hydrocarbons at the Davsan Tolgoi-9 (DT-9) well, which is located on block XX in Mongolia. The well was drilled to a total depth of 1,766m and penetrated the top...

KBR Wins pre-FEED contract for Mozambique LNG plant
24 August 2011 Anadarko has awarded a contract to KBR to perform a pre-front end engineering and design (pre-FEED) study for an LNG plant in Mozambique. KBR received the contract following recent natural...

Petrofac wins contract to develop Mexican oil blocks
23 August 2011 Petrofac has received two integrated services contracts from Petroleos Mexicanos (PEMEX) to develop the Magallanes and Santuario blocks in Tabasco, central Mexico. Under a 25-year...

Sunridge Energy expands Canadian oil acreage
23 August 2011 Sunridge Energy has acquired a 2.5km² area at its oil prospect in North Central Alberta, Canada, increasing its land ownership to 5.8km². The firm will conduct an exploration...

American Petro-Hunter starts drilling second well in US project
22 August 2011 American Petro-Hunter has started drilling operations for the second horizontal oil well at the North Oklahoma Mississippi project in the US. The NOW-2H well is a direct offset to the...

Noble Energy to invest $3.4bn in Marcellus Shale development
22 August 2011 Noble Energy has signed definitive agreements with Consol Energy to create a joint venture for the development of Marcellus Shale properties in south-west Pennsylvania and north-west West...

Sintana Energy to acquire stake in Colombian oil block
19 August 2011 Sintana Energy, a subsidiary of Drift Lake Resources, has entered an agreement with Petrodorado Energy to farm-in for an undivided 30% interest in the Talora block, which is located in...

Origin Energy farms into Empire's Australian exploration permits
19 August 2011 Empire Oil & Gas has executed a conditional farm-in letter agreement with Origin Energy Developments, which will aid in progressing assessment of the North Erregulla prospect. Under...

Ivanhoe, Sunwing Begin Drilling Mongolian Well
18 August 2011 Ivanhoe Energy and Sunwing Energy have started drilling the N16-1E-1A exploration well in Nyalga block XVI in Mongolia. The well, which is located on a 32km² structure, will be drilled to...

Plains Midstream Gets Approval to Restart Pipeline Operations
18 August 2011 The Energy Resources Conservation Board (ERCB) has given conditional approval to Plains Midstream Canada to resume operations of the NPS 20 Rainbow Pipeline in Alberta, Canada. The...

CB&I Joint Venture Secures Australian LNG Plant Contract
17 August 2011 Engineering and construction firm CB&I , through its joint venture with Japan's Chiyoda and Italy's oil and gas company Saipem, has been awarded the preparation and supply of the...

Invensys to Provide Refinery Solution to Saudi Aramco
17 August 2011 Invensys Operations Management has signed a contract to implement a refinery information system for Saudi Aramco Total Refining & Petrochemical Company. Invensys will work in...

Beach Energy Discovers Oil at Elliston Well
16 August 2011 Beach Energy has made an oil discovery at the Elliston-1 well in Cooper Basin, Australia. The firm encountered an oil column with a 3m net pay in the Namur Sandstone section of the well,...

Next Generation Energy to Acquire Oil and Gas Assets in Kentucky
16 August 2011 Next Generation Energy has agreed to acquire a 31km² area of natural gas and oil in the prolific Devonian Shale region of Southeast Kentucky, US. The assets include 39 tracks located...

Loreto, Eagleford Energy to Develop Texas Oil Leases
15 August 2011 Loreto Resources has signed a non-binding letter of intent with Eagleford Energy to jointly develop Loreto's formations in Zavala County, Texas, US. Under the terms of the agreement,...

TAG Oil Completes Tests on Tarankai Basin Wells
15 August 2011 TAG Oil has completed testing of the new oil and gas discoveries at the Sidewinder-2 well and the Cheal-C1 well, located in the Taranaki Basin, New Zealand. At Sidewinder-2, TAG...

UOP / Foster Wheeler Technology to be Used in Orpic Refinery Expansion
12 August 2011 Oman Oil Refineries and Petroleum Industries (Orpic) has selected Honeywell's UOP / Foster Wheeler Solvent Deasphalting (SDA) process technology to convert heavy crude to...

Parnon Gathering to Build Crude Oil Pipeline in US
12 August 2011 Parnon Gathering is to construct a pipeline to transport crude oil from central and western Oklahoma, US, and interconnect with Parnon's crude oil tanks at Cushing. The Great Salt...

Tethys Opens Kazakhstani Oil Production Facilities
11 August 2011 Tethys Petroleum has begun operations of its Doris oil production facilities in Kazakhstan. Oil from the location, which is being transported at a rate of 1,500 barrels per day, will...

Foster Wheeler Wins Colombian Oil Refinery Upgrade Contract
11 August 2011 Ecopetrol has awarded a contract to Foster Wheeler for the second phase of the modernisation of the Barrancabermeja oil refinery in Santander, Colombia. The scope of work includes...

Enbridge Energy to Build Texan Gas Processing Plant
10 August 2011 Enbridge Energy Partners is to construct a cryogenic natural gas processing plant to support its Anadarko gas gathering system in Texas, US, with an investment of $230m. The plant will have...

Baker Hughes Wins Contract for Iraqi Oilfields
10 August 2011 US-based Baker Hughes has received a contract from Lukoil to provide full drilling and completion services for its 23 wells in the West Qurna field in south-east Iraq. Under the...

SandRidge Energy to Form Joint Venture with Atinum Partners
09 August 2011 SandRidge Energy has entered an agreement with an Atinum Partners affiliate to form a joint venture. Under the terms of agreement, SandRidge will transfer its 13.2% working interest...

Dominion to Build US Gas Processing Plant
09 August 2011 US-based energy company Dominion is to start construction of a new natural gas processing and fractionation plant along the Ohio River in Natrium, West Virginia, US. Under the first phase...

Couch Oil Acquires Texan Oil Assets
08 August 2011 Couch Oil and Gas has acquired undeveloped productive oil zones within existing oilfields located in West Texas, US. The firm will drill the nine new horizontal oil and gas wells using...

Kulczyk Begins Drilling Ukraine Gas Field
08 August 2011 Kulczyk Oil Ventures has started drilling the O-12 well, which is located on the Olgovskoye licence in the Ukraine. Kulczyk will drill the well to a depth of 2,650m to test...

PetroFrontier Begins Drilling Georgina Basin
05 August 2011 PetroFrontier has started drilling the Baldwin-2 well at block EP 103, which is located in the Southern Georgina Basin, Northern Territory, Australia. The firm will drill the Baldwin-2 well...

Petronas Acquires Stake in Canadian Gas Assets
05 August 2011 Petronas has acquired a 50% working interest in Progress Energy's Altares, Lily and Kahta gas properties, known collectively as the North Montney joint venture, in Canada for C$1.07bn...

Brenham Acquires Permian Basin Oilfield
04 August 2011 Brenham Oil & Gas, a subsidiary of American International Industries, has bought an oilfield with 20 wells located in the Permian Basin in Texas, US, for $20m. The field contains...

InterOil, Pacific LNG Sign Heads of Agreement for LNG Sale
04 August 2011 InterOil Corporation and Pacific LNG Operations have signed an agreement with Noble Clean Fuels to supply LNG from the Gulf LNG project in Papua New Guinea. Under the terms of the agreement,...

Essar Energy Acquires Oil Refinery from Shell UK
03 August 2011 Essar Energy has completed the acquisition of the Stanlow oil refinery and other associated assets from Shell UK for $350m. The Stanlow refinery is located near Ellesmere Port in the...

Beach Energy Discovers Oil at Bauer-1 well
03 August 2011 Beach Energy has discovered new oil at Bauer-1 well in PEL 91, and at Rincon-1 well in PEL 92, located in the Cooper Basin, Australia. The Bauer-1 well has encountered a gross oil column of...

Archer to Acquire Great White Energy
02 August 2011 Oilfield services company Archer has signed a definitive purchase and sale agreement to acquire all the operating companies of Great White Energy Services for $742m. The transaction, which...

Formosa Halts Crude Oil Export from Taipei Refinery
02 August 2011 Formosa Petrochemical has stopped exports of oil products from its refineries at the Mailiao petrochemical complex in Taipei following a fire. The complex, which was shut down for...

Hess, Petroceltic Sign PSC for Iraqi Exploration Blocks
01 August 2011 Hess Corporation and Petroceltic International have signed production sharing contracts (PSCs) with the Kurdistan Regional Government of Iraq for the Dinarta and Shakrok exploration blocks. ...

ConocoPhillips to Acquire Lario Oil Assets
01 August 2011 ConocoPhillips has entered an agreement with Lario Oil & Gas to acquire oil assets in the Niobrara exploration and development play in the US. The assets cover a 186km² area in...

July 2011

Top

BreitBurn Energy to Acquire Wyoming Oil and Gas Assets
29 July 2011 BreitBurn Energy Partners has signed a definitive agreement with an undisclosed seller to acquire natural gas and oil assets in Wyoming, US, for $285m in cash. The assets are located in...

Gevo to Build Hydrocarbon Processing Plant in Texas
29 July 2011 Biofuels firm Gevo will work in collaboration with Arabian American Development's subsidiary South Hampton Resources to build a hydrocarbon processing demonstration plant in Texas, US. The...

Chevron to Supply LNG to TEPCO
28 July 2011 Chevron's Australian subsidiaries have signed binding sales and purchase agreements with Tokyo Electric Power Company (TEPCO) to supply liquefied natural gas (LNG) from the Wheatstone natural...

Saipem Wins Onshore South America, West Africa Contracts
28 July 2011 Saipem has secured onshore engineering and construction contracts worth $800m in South America and West Africa. The company will expand the Tout Lui Faut refinery located in Suriname,...

Calumet to Acquire US Refinery from Murphy Oil
27 July 2011 Calumet Specialty Products Partners has signed a definitive agreement with Murphy Oil to acquire the Superior refinery in Wisconsin, US, and its associated operating assets and inventories...

Drillsearch Energy Begins Drilling Fourth PEL91 Well
27 July 2011 Drillsearch Energy has started drilling the Bauer-1 oil well, the fourth well under the five well programme in PEL 91 in Cooper Basin, Southern Australia. The Bauer-1 well is located 5km...

Qatargas to Supply LNG to Malaysia
26 July 2011 Qatargas has signed a heads of agreement with Petronas subsidiary Petronas LNG to supply liquefied natural gas to Malaysia. According to the agreement, Qatargas will deliver one and half...

RKC to Build $6.5bn Oil Refinery in Iraq
26 July 2011 Refinery of Karbala (RKC) has signed an agreement with the Iraq Ministry of Oil for the construction of a $6.5bn refinery in Karbala, Iraq. The refinery will have a daily capacity of...

Petro-Hunter to Acquire Stake in South Oklahoma Project
25 July 2011 American Petro-Hunter has executed a purchase and sale agreement to acquire a 40% working interest in a minimum 12.14km² of land in Oklahoma, US. American Petro-Hunter identified five...

Pembina Shuts Down Canadian Pipeline
25 July 2011 Pembina Pipeline Corporation has shut down its Moosehorn gathering pipeline, which lies 3km north of its Swan Hills Terminal and Pump Station in Canada, due to an oil spill. According to...

Ensign to Acquire Rowan's Land Drilling Division
22 July 2011 Ensign Energy Services has entered a definitive agreement to acquire the land drilling division of Rowan Companies for $510m. Currently, Rowan Land Drilling owns and operates 30 deeper...

CNOOC to Acquire OPTI Canada for $2.1bn
22 July 2011 CNOOC Luxembourg is to acquire all the outstanding shares of OPTI Canada for $2.1bn. OPTI's primary assets consist of a 35% working interest in the Long Lake project and three projects in...

TNK-BP to Take Stake in Brazilian Oil and Gas Blocks
21 July 2011 TNK-BP has signed a farm-out agreement with Petra Energia to acquire a 45% stake in 21 blocks of the Solimoes Basin in Brazil. Most of the oil and gas blocks, which cover a 194km²...

Endeavour to Acquire Marcellus Shale Assets in Pennsylvania
21 July 2011 Endeavour International is to buy Marcellus Shale assets in north-central Pennsylvania, US, along with a pipeline and related facilities owned by SM Energy and its partners for $110m. ...

Tesoro to Supply Crude Oil to Washington Refinery
20 July 2011 Tesoro Corporation is to supply crude oil from the Bakken Shale / Williston Basin area in North Dakota to its refinery in Washington, US. The project will consist of loading and...

Santos to Acquire Eastern Star Gas
20 July 2011 Santos is to buy all of the remaining issued and outstanding ordinary shares of Eastern Star Gas (ESG) that are not already held by Santos and TRUenergy Holdings. Santos will...

BHP Billiton to Acquire Petrohawk Energy for $12.5bn
19 July 2011 BHP Billiton has agreed to buy Petrohawk Energy for a total value of $12.5bn. Under the terms of the agreement, BHP will acquire all issued and outstanding shares of Petrohawk for $38.75...

Foster Wheeler, SOCAR to Form Joint Venture in Azerbaijan
19 July 2011 Foster Wheeler has signed a memorandum of understanding with the State Oil Company of Azerbaijan Republic (SOCAR) to form a joint venture. The companies will prepare a joint action plan for...

Halliburton Wins Polish Shale Gas Exploration Contract
18 July 2011 Halliburton has been awarded a contract from Chevron to provide integrated services for shale natural gas exploration in Poland. Under the three-year contract, Halliburton's contract...

Meritage to Build Rich Gas Pipeline in Texas
15 July 2011 Meritage Midstream Services is to build a new rich gas gathering system in Webb County, Texas, US. The Cuervo Creek Pipeline will be built from Encinal to Laredo, and will include...

Bill Barrett to Acquire Denver-Julesburg Basin Oil Assets
15 July 2011 Bill Barrett Corporation has signed a sale and purchase agreement with a Texas American Resources subsidiary to acquire oil assets in the Denver-Julesburg Basin in Colorado, US, for a total...

CB&I to Build $300m Gas Processing Plant
15 July 2011 CB&I has won a $300m contract for a new natural gas processing plant in Florida, US. The scope of work will include the engineering, procurement and construction of a 200 million cubic...

GL Noble to Provide Verification Services for Australian LNG Project
14 July 2011 GL Noble Denton has been selected by QGC to provide verification services for the development of the Queensland Curtis liquefied natural gas (LNG) project in Australia. The company will...

William Partners Receives FERC Approval for Pipeline Expansion
14 July 2011 Williams Partners has received Federal Energy Regulatory Commission (FERC) approval to expand its Transco natural gas pipeline, which extends from South Texas to New York, US. The...

Westmont to Acquire Pennsylvanian Oil and Gas Assets
13 July 2011 Westmont Resources has signed a memorandum of understanding to acquire oil and gas assets located in the south-west tier of Pennsylvania, US, for an undisclosed sum. The assets cover...

Enka to Build Production Facilities at Iraqi Oilfield
13 July 2011 Turkey-based Enka has won a $60m contract from Iraq, Royal Dutch Shell and Petronas to install and operate two production facilities at the Majnoon oilfield, Iraq. The production facilities...

Primoris Subsidiaries Awarded US Pipeline Contracts
12 July 2011 Primoris Services subsidiaries Rockford Corporation and Alaska Continental Pipeline have received contracts worth $50m for the construction of pipelines in the US states of Pennsylvania,...

Petrom Makes Romanian Gas Discovery
12 July 2011 Petrom has made a significant onshore gas discovery at exploration well 4539 Totea, which is located in the Oltenia region of south-west Romania. The firm drilled the well to a depth of...

ERHC Signs PSC for Chad Oil Blocks
11 July 2011 ERHC Energy has signed a production sharing contract on three oil blocks near the Doba Basin oilfield awarded by the Republic of Chad. ERHC owns a 100% interest in the BDS 2008 and Manga...

IGas Energy to Begin Drilling at Doe Green
11 July 2011 IGas Energy has started construction of a third well at Doe Green (DG-3), near Warrington, UK, as part of the firm's accelerated programme to convert its resources into reserves and...

Saudi Aramco Awards FEED Contract to Foster Wheeler SOFCON
08 July 2011 Saudi Arabian Oil (Saudi Aramco) has awarded a front-end engineering design (FEED) and project management services contract to Foster Wheeler SOFCON for a clean transportation fuels project at...

ETE to Acquire Southern Union for $8.9bn
08 July 2011 Energy Transfer Equity (ETE) has entered an amended merger agreement to acquire Southern Union for $8.9bn, including $5.1bn in cash and ETE common units. ETE secured $3.3bn from Credit...

Western Gas to Buy Anadarko's Powder River Basin Assets
07 July 2011 Western Gas Partners will acquire the Bison gas treating facility and all related assets in the Powder River Basin from Anadarko Petroleum Corporation for $130m. Western Gas will acquire a...

Foster Wheeler Wins FEED Contract for Venezuelan Oil Refinery
07 July 2011 Petroleos de Venezuela (PDVSA) has awarded Foster Wheeler a process design and front-end engineering design (FEED) contract for the Batalla Santa Ines Refinery Phase I Hydroskimming section to...

Advantage Oil to Expand Glacier Gas Plant in Canada
06 July 2011 The board of Advantage Oil and Gas has approved a capital and operating budget of $216m for a 12-month period ending June 2012. The firm allocated $200m for phase IV of the...

PetroChina Invests $1bn for Joint Ventures with INEOS
06 July 2011 PetroChina International and INEOS Investments have completed a deal to form trading and refining joint ventures for its operations in Europe. PetroChina paid $1bn cash for its shares of...

SPC Approves $14.5bn Kuwait Refinery
05 July 2011 Kuwait's Supreme Petroleum Council has given approval for the construction of the 615,000bpd Al-Zour refinery in Kuwait. The refinery will be developed in two phases, processing...

Eagle Ford Gathering Signs Service Agreements for Texas Project
05 July 2011 Eagle Ford Gathering has executed two long-term agreements with Petrohawk Energy and Rosetta Resources to provide transportation, processing and fractionation services in the Eagle Ford Shale...

Beach Energy Discovers Oil at Parsons Well
04 July 2011 Beach Energy has discovered a 6m oil column at the Parsons-5 well, located in the Parsons field at PEL 92, Cooper Basin, Australia. The oil was encountered in Parsons-5 well's Namur...

SM Energy Sells Non-Operated Eagle Ford Assets
04 July 2011 SM Energy has entered an agreement to sell a 12.5% working interest in its non-operated Eagle Ford shale position to a Mitsui subsidiary for $680m. On completion of the transaction, SM...

Samsung Engineering Wins HDPE Plant Contract
01 July 2011 South Korean firm Samsung Engineering has a received contract from ONGC Petro Additions, a subsidiary of India-based Oil & Natural Gas Corporation, for a high-density polyethylene plant...

Petrofac, CPECC Receive Iraqi Oilfield Contract
01 July 2011 BP Iraq NV has awarded an inspection, maintenance and repair contract worth $90m to Petrofac and its joint venture partner China Petroleum Engineering & Construction (CPECC), for the...

June 2011

Top

Denbury to Acquire Working Interests in Riley Ridge Federal Unit
30 June 2011 Denbury Resources is to acquire stakes in mineral leases in Wyoming, US, for a total value of $191m. The company will acquire the 57.5% working interest it does not own in the Riley...

Salamander, Persero Sign Gas Sale Agreement
30 June 2011 Salamander Energy has signed a purchase agreement with Indonesia's Persero for the sale of gas from its Kerendan gas field Bangkanai PSC, onshore Kalimantan, Indonesia. Under the terms of...

NuStar, Velocity to Build Oil Pipeline for Eagle Ford Shale Transportation
29 June 2011 NuStar Logistics and Velocity Midstream Partners are to develop a joint oil pipeline solution to transport Eagle Ford Shale condensate from Velocity's Gardendale Hub to NuStar's terminal...

ITT to Provide Oil and Gas Services to Saudi Aramco
29 June 2011 ITT Corporation has signed a seven-year strategic partnership agreement with Saudi Arabian Oil (Saudi Aramco) to provide products and services for oil, gas and petrochemical...

Samson to Acquire US Oil and Gas Leases
28 June 2011 Samson Oil & Gas will acquire up to 364 square kilometres of oil and gas leases in the Fort Peck Indian Reservation in Montana, US, from Fort Peck Energy for an undisclosed sum. Samson...

President Petroleum Acquires Stake in Argentina Licence
28 June 2011 President Petroleum has entered a farm-in agreement to acquire a 50% working interest in the CNO-8 Puesto Guardian licence in Salta Province, Argentina. The acquisition will increase the...

Praxair to Supply Hydrogen to US Refinery
27 June 2011 Industrial gases company Praxair has signed an agreement with Motiva Enterprises to supply hydrogen to Motiva's refinery in Louisiana, US. The company will extend its existing...

Inpex to Sell Ichthys LNG Output
27 June 2011 Inpex Corp will sell the entire LNG output of its 8.4 million tonnes per year from the $20bn Ichthys project in Australia. The Ichthys project is a joint venture between Inpex, which owns a...

Next Generation Energy Buys Stake in Louisiana Natural Gas Well
24 June 2011 Next Generation Energy has acquired a royalty interest in a natural gas well in Louisiana, US, for an undisclosed sum. The prolific natural gas well, known as the Hainesville Shale...

Alliance Pipeline Plans Natural Gas Pipeline in US
24 June 2011 Natural gas transmission system Alliance Pipeline is to develop a pipeline and associated facilities in North Dakota, US. The pipeline, which is expected to transport liquids-rich natural...

Aden Refinery Commences Trial Production
23 June 2011 Yemen's Aden refinery has begun its trial production after receiving 600,000 barrels of crude from Saudi Arabia. The 150,000bpd refinery was shut for nearly two months following a blast...

Petrominerales to Acquire Stake in Colombian Pipeline
23 June 2011 Petrominerales has entered an agreement to acquire a 5% stake in the Oleoducto Central (Ocensa) crude oil pipeline from Total E&P for $281m. The 830km Ocensa pipeline begins onshore at...

TransCanada Completes Guadalajara Pipeline
22 June 2011 TransCanada has completed the construction of the $360m Guadalajara Pipeline in Mexico. The 192 mile, 30in-diameter pipeline connects to an LNG regasification facility located near...

Qatargas, Gasal Sign Gas Supply Deal
22 June 2011 Qatargas and Gasal have signed an agreement for the supply of gaseous nitrogen through Gasal's pipeline in Ras Laffan Industrial City, Qatar. The gas will be pass through a 5km pipeline...

Dodsal Awarded 73km Iraq Oil Pipeline Contract
21 June 2011 South Oil Company of Iraq, Royal Dutch Shell and Malaysia's Petronas have awarded a $106m contract to Dubai-based Dodsal Group to build a pipeline in Iraq. The 73km pipeline will be connected...

Sinopec Plans $15.4bn Refining Facility in China
21 June 2011 China Petroleum & Chemical Corp (Sinopec) plans to build a refining complex with an annual capacity to process 32 million tons in Jiangsu, China. The project, with an investment of...

ETE to Acquire Southern Union for $7.9bn
20 June 2011 Energy Transfer Equity (ETE) has entered into a definitive merger agreement to acquire Southern Union (SUG) for total value of $7.9bn, including about $3.7bn of existing SUG debt. The...

Eagle Ford Gathering to Process Gas at Texas Plant
20 June 2011 Kinder Morgan Energy and Copano Energy's joint venture, Eagle Ford Gathering, has entered into a long-term agreement with Williams Partners to process Eagle Ford Shale production at the...

Southcross to Build Gas Processing Plant in US
17 June 2011 Southcross Energy is planning to construct a new natural gas processing plant with a capacity of 200MMcf/d in Refugio County, Texas, US, to expand its capability to process liquids-rich natural...

Foster Wheeler Bags Swedish Oil Refinery Contract
17 June 2011 Preem AB has awarded a contract to Foster Wheeler to provide the basic engineering design and front-end engineering design (FEED) at its Preemraff Lysekil oil refinery, located north of...

Senex Discovers New Oil Field at Copper Basin Permit
16 June 2011 Senex Energy has discovered a new oil field at the Vintage Crop-1 exploration well in Copper Basin permit PEL 516 in South Australia. Senex has encountered a gross oil column of 10m with a 3m...

JX Holdings to Restart Sendai Refinery in 2012
16 June 2011 Japanese firm JX Holdings is planning to restart its Sendai oil refinery in Japan, which produces 145,000 barrels of oil a day, by May 2012. The Sendai refinery is the only facility that has...

Kinder Morgan Acquires Petcoke Terminal in Texas
15 June 2011 Kinder Morgan Energy Partners has acquired a newly constructed petroleum coke (petcoke) terminal in Port Arthur, Texas, from TGS Development Group for about $67m. The facility handles...

SM Energy to Sell Eagle Ford Assets in Texas
15 June 2011 SM Energy has entered into an agreement with undisclosed buyers to sell a portion of its Eagle Ford shale assets in Texas, US, for $225m. The assets, which cover a total area of...

Egypt-Israel Pipeline Resumes Gas Supply
14 June 2011 The gas pipeline between Egypt and Israel that was shut down for six weeks has resumed the commercial supply of gas following two days of testing. The gas supplies were halted in April after...

Vietnam Refinery Capacity to Reach 10mtpa by 2017
14 June 2011 Binh Son Refining and Petrochemical will expand the capacity of its $2.2bn Dung Quat oil refinery in Vietnam from 6.5 million tonnes per year to 10 million tonnes per year by 2017. Binh...

Russia and China to Maintain Oil Price for ESPO Pipeline
13 June 2011 Russia and China have decided to maintain the oil price formula for Russian crude oil supplies to China through the East Siberia-Pacific Ocean (ESPO) oil pipeline, which has been built...

Exxon Acquires Phillips Resources and TWP for $1.69bn
13 June 2011 Exxon Mobil has acquired Phillips Resources and TWP for $1.69bn, gaining access to 317,000 acres in the Marcellus Shale that stretches to New York, Pennsylvania and West Virginia states of the US....

Petrobras and PDVSA Finance Joint Refinery in Brazil
10 June 2011 Petroleos de Venezuela (PDVSA) and Petrobras have agreed to finance a joint refinery project in Brazil. The state-controlled companies will build a 230,000bpd refinery at Abreu e Lima in the...

Pertamina to Build $200m Gas Pipeline in Jakarta
10 June 2011 Pertamina Gas, a subsidiary of PT Pertamina plans to build a 140km gas pipeline between Cirebon and Muara Karang in Jakarta, India. The pipeline network will be divided into two sections — a...

Indian Petroleum Firm to Expand Domestic Refining Capacities
09 June 2011 Bharat Petroleum Corporation plans to add 170,000bpd refining capacity by expanding its Kochi and Bina plants in India. The refining capacity at Kochi in southern India will be expanded...

Iraq to Expand Oil Production Capacity by 2017
09 June 2011 Iraq plans to expand its export facilities by increasing oil production to 12 million barrels a day (bpd) by 2017 and has signed deals with major foreign oil companies to achieve this goal. ...

Iraq to Build Oil Refinery by 2015
08 June 2011 Iraq hopes to build a new 140,000bpd oil refinery in Kerbala, with construction expected to begin this year, the country's Deputy Prime Minister Hussain Al-Shahristani has said. The refinery...

Statoil to Divest 24.1% Stake in Gassled to Solveig
08 June 2011 Statoil will sell a 24.1% stake in Gassled joint venture for $3.2bn to Solveig Gas Norway. Post transaction is expected to streamline Statoil's portfolio and increase capital...

TransCanada Restoring Keystone Pipeline Operations
07 June 2011 TransCanada has started restoring operations along the Keystone crude oil pipeline, following a one-week shutdown caused by a leak at the Kansas Pumping Station in the US. The...

China to Expand $6bn Cuban Refinery
07 June 2011 China has signed a letter of intent to expand a refinery at Cienfuegos, Cuba, which is estimated to cost $6bn. The letter of intent was signed by Cuvenpetrol, a joint venture between Cuba...

Gazprom and Petronet Sign LNG Supply Deal
06 June 2011 Gazprom has signed a 25-year memorandum of understanding with India's Petronet LNG to supply to 2.5 million tonnes of liquefied natural gas (LNG) a year to India. The contract, estimated to...

Naftohaz Ukrainy and Statoil to Sign Black Sea Exploration Agreement
06 June 2011 State-owned Naftohaz Ukrainy is to sign a cooperation agreement with Statoil to explore and mine hydrocarbons on the Black Sea shelf. The agreement, which also calls for the development...

Adelaide Energy Discovers Hydrocarbons at Killanoola Well
03 June 2011 Adelaide Energy will case and suspend the Killanoola South East 1 well in PRL 13 onshore tenement in the Otway Basin of South Australia, following the discovery of producible hydrocarbons. ...

Central Valley Begins Construction of Gas Storage Facility
03 June 2011 Central Valley Gas Storage has started building its natural gas storage facilities in California, US. Under the construction phase, the firm will install compressor units and build 15 miles of...

UK Refinery Explosion Kills Four
03 June 2011 Four contractors have been killed and another seriously injured in an explosion at Chevron's Pembrokeshire oil refinery in South Wales, UK. The explosion occurred in a 730m³ storage...

Los Alamos to Acquire Californian Oil Leases
02 June 2011 Australian Oil subsidiary Los Alamos Oil (LOA) has entered into a farm-in agreement for a leased area measuring 12.5km² in California, US. Under the terms of agreement, LOA will pay 75%...

International Petroleum Discovers Oil in Siberian Wells
02 June 2011 International Petroleum has discovered oil at Well No.2 in the Krasnoleninskiy Project, Western Siberia. The preliminary investigations taken from the well so far have indicated that 23m of...

Exoma Energy Spuds Saltern Well in Galilee Basin
01 June 2011 Exoma Energy has spudded Saltern-1, the first well of 12 in its Australian exploration programme. Using the Atlas No.1 rig, the firm spudded the well in its ATP 1008P permit in the...

Beach Energy Discovers New Cooper Basin Oilfield
01 June 2011 Beach Energy has discovered a new oilfield at the Hanson-1 exploration well in PEL 91 on the Cooper Basin Western Flank, Australia. The firm encountered a gross oil column of 7m, with 5m of...

May 2011

Top

EWP, NIS to Explore Romanian Onshore Blocks
31 May 2011 East West Petroleum (EWP) and Naftna Industrija Srbije (NIS) have entered into an agreement for the development of four onshore blocks - EX-2, EX-3, EX-7 and EX-8 - in Romania. The...

Explortex Energy, Mesa Resources to Develop Bridges Lease
31 May 2011 Explortex Energy has entered into an agreement with Mesa Resources to participate in the development of the Mesa Resources Bridges lease in Texas, US. The Bridges lease located in Palo...

Mustang to Expand Hess Tioga Gas Plant
27 May 2011 Hess Corporation has awarded a detailed design and procurement services contract to Mustang for the expansion of its Tioga natural gas plant in the Bakken oil play in North Dakota, US. The...

Momentum to Acquire Fashing Oil and Gas Assets
27 May 2011 Momentum Oil & Gas has entered into a purchase and sale agreement with Newfield Exploration to acquire oil and gas assets in Fashing Field, Texas, US, for an undisclosed amount. ...

Hitachi, Mayekawa to Form Joint Venture in Brazil
26 May 2011 Hitachi Plant Technologies and Mayekawa Manufacturing have agreed to form a joint venture to cooperate in the field of compressors for oil, gas and chemical plants. The joint venture will set...

Kodiak to Acquire Oil Assets in Williston Basin
26 May 2011 Kodiak Oil & Gas has entered into a definitive purchase and sale agreement with a private oil and gas firm to acquire the Bakken / Three Forks oil leasehold and producing properties in...

Drillsearch Energy Commences Drilling at Hanson Well
25 May 2011 Drillsearch Energy has spudded the Hanson-1 well, which is located in the PEL 91 block, Cooper Basin, Australia, under the Western Flank Oil Fairway drilling programme. The well will target...

LG International to Acquire Stake in Chilean Oil Blocks
25 May 2011 LG International and Geopark have agreed to exchange a stake in their respective oil blocks in Chile. Under the agreement, LG International will acquire 10% stake in all oil blocks owned...

Beach Energy to Begin Flow Stimulation of Cooper Basin Wells
24 May 2011 Beach Energy will start flow stimulation of its Holdfast-1 shale well located in PEL 218, Cooper Basin, South Australia, in early June, followed by flow stimulation of the Encounter-1 shale well. ...

XnE to Start Phase I of Doshier Project
24 May 2011 XnE and PEMCO have approved the work plan for phase I of the Doshier project, which is located in Nowata County, Oklahoma, US. The scope of work under phase I will...

Velocity Signs Shell Western Services Agreement
23 May 2011 Velocity Midstream Partners has entered a long-term agreement with Shell Western E&P for transportation and terminal services for Shell's light oil and condensate production from the...

Eternal Energy Spuds First Bakken Well
23 May 2011 Eternal Energy has spudded its first horizontal Bakken development well in the Hardy field, which is located in south-east Saskatchewan, Canada. The new well, which is located near the...

BP to Sell UK Oil Assets to Perenco for $610m
20 May 2011 BP has agreed to sell its interests in the Wytch Farm, Wareham, Beacon and Kimmeridge fields, which are located in the UK, to Perenco for $610m cash. As part of the transaction, BP...

PAAP to Construct Texan Crude Oil Pipeline
20 May 2011 Plains All American Pipeline (PAAP) is to construct a new 130-mile crude oil and condensate pipeline, a marine terminal facility and 1.5 million barrels of storage capacity to service growing...

Ecopetrol Discovers Crude Oil in Colombia
19 May 2011 Ecopetrol has discovered crude oil in the Mito-1 exploratory well, in the Meta province of Colombia. The well, which is located in the Cano Sur block, was drilled vertically to a depth...

Foster Wheeler Wins FEED Contract for Thailand Refinery
19 May 2011 Foster Wheeler has received a front end engineering design (FEED) contract from Star Petroleum Refining (SPRC) for the residue fluidised catalytic cracking unit (RFCCU) revamp turnaround...

Total, ExxonMobil to Develop Polish Gas Concessions
18 May 2011 Total has entered into agreement with ExxonMobil to form a partnership operated by ExxonMobil to develop the Chelm and Werbkowice gas exploration concessions. According to the agreement,...

Eni Starts Slurry Technology Project at Italian Refinery
18 May 2011 Eni has started works for the industrial application of the Eni Slurry Technology at its refining plant of Sannazzaro de' Burgondi, near Pavia, Italy. Eni has provided over...

Total Discovers Gas at Bolivian Aquio Block
17 May 2011 Total subsidiary Total E&P Bolivie (TEPBo) has encountered gas and condensate at its AQI-X1001 exploration well in the Aquio block in Bolivia. The well has confirmed the northern...

Petronas to Build Oil Refinery in Malaysia
17 May 2011 Petronas is to build a new oil refinery and petrochemicals complex known as the Refinery and Petrochemicals Integrated Development (RAPID) in Southern Johor, Malaysia, with an estimated...

W&T Offshore Completes $366m Permian Basin Acquisition
16 May 2011 W&T Offshore has completed the acquisition of 1,500 net acres in the Permian Basin located in West Texas, US, from private sellers for $366m. The company estimates the area has...

Spectra Energy to Acquire Big Sandy Pipeline for $390m
16 May 2011 Spectra Energy Partners has entered into a definitive agreement with EQT Corporation to acquire all of the ownership interests of the Big Sandy Pipeline for $390m in cash. The 70 miles-long...

Foster Wheeler to Provide EPCM Services to Thai Oil Refinery
13 May 2011 Foster Wheeler has received a contract from Thai Oil for the basic design engineering package and engineering, procurement and construction management (EPCM) services for its refinery in...

DCP to Build $270m Gas Plant in the US
13 May 2011 DCP Midstream is to build a new 110 million cubic feet per day natural gas processing plant and high-pressure gathering system in Colorado, US. The new $270m LaSalle plant will increase...

ExxonMobil Begins Drilling at Texas Fields
12 May 2011 ExxonMobil Production has commenced drilling and construction on an enhanced oil recovery project at the Means Field in Andrews County, Texas, US. The new project will apply technology...

Chevron Australia to Supply LNG to JX Nippon
12 May 2011 Chevron Corporation's Australian subsidiary has signed a sales and purchase agreement with JX Nippon Oil and Energy for a portion of Chevron's offtake of liquefied natural gas (LNG) from the...

American Eagle to Explore Bakken Play
11 May 2011 American Eagle Energy and partner Big Sky Operating have entered into joint participation agreement with FX Energy to expand and exploit the Bakken source system play in the Southern Alberta...

Cooper Energy Abandons Parham-1 Well
11 May 2011 Cooper Energy has plugged and abandoned the Parham-1 well, which is located in PEL 92, Butlers oilfield, Australia, due to the absence of hydrocarbons. The firm spudded the Parham-1 well...

TAG Makes Oil and Gas Discovery in New Zealand
10 May 2011 TAG Oil has discovered light oil and gas in the Sidewinder-4 exploration well, which is located in exploration permit 38748, Taranaki Basin, New Zealand. The well indicated that the...

LINN Energy to Acquire Texas Oil and Gas Assets
10 May 2011 LINN Energy has signed a definitive purchase agreement with Panther Energy and Red Willow Mid-Continent to acquire 40% of their oil and natural gas properties located in Texas and Ellis County,...

Kinder Morgan Acquires Petrohawk Energy Assets
09 May 2011 Kinder Morgan Energy Partners has entered into a definitive agreement to pay about $855m to Petrohawk Energy Corporation for Petrohawk's 50% interest in KinderHawk Field Services. The...

Dejour Acquires Oil and Gas Leases in British Columbia
09 May 2011 Dejour Energy has purchased three additional sections of oil and gas leases in north-east British Columbia, Canada. The acquisition covers about10km² adjacent to its current...

Chevron to Acquire Marcellus Shale Assets in Pennsylvania
06 May 2011 Chevron Corporation will acquire oil and gas assets in the Marcellus Shale in Pennsylvania, US, from Chief Oil & Gas and Tug Hill. The 228,000 net leasehold acres, located in...

Cooper Energy Starts Drilling at Parham Well
06 May 2011 Cooper Energy has started drilling on the Parham-1 exploration well in PEL92 in Butlers oil field in Australia, as part of its current drilling programme. The firm has drilled the surface...

Eagle Oil to Restart Oil Wells in Texas field
05 May 2011 Eagle Oil Holding has executed a second 'farm out' agreement with Natural Springs Resources to provide funding for additional operations on its Woodbine oil field in East Texas, US. According...

Enterprise to Extend Crude Oil Pipeline System
05 May 2011 Enterprise Products is planning to extend the Eagle Ford Shale crude oil pipeline system in Texas, US, as part of a long-term transportation agreement with Chesapeake Energy. As part of...

Northwest to Acquire Stake in Encana's US Assets
04 May 2011 Encana Oil & Gas has completed an upstream joint-venture development agreement with Portland-based Northwest Natural Gas. Under the terms of agreement, Northwest Natural will spend $250m...

Falcon Signs Beetaloo Deal with Hess Australia
04 May 2011 Falcon Oil & Gas Australia, a subsidiary of Falcon Oil & Gas, has signed a participation agreement with Hess Australia to acquire an interest in onshore exploration permits 76, 98 and...

Central Valley Begins Construction of Gas Storage Facility
03 May 2011 Central Valley Gas Storage has begun the construction phase of its planned natural gas storage facilities in California, US. Under the construction phase, the firm will install compressor...

Adelaide Energy Discovers Hydrocarbons at Killanoola Well
03 May 2011 Adelaide Energy will case and suspend the Killanoola South East 1 well in the PRL 13 onshore tenement in the Otway Basin of South Australia following the discovery of producible...

April 2011

Top

Enterprise Products, Energy Transfer to Build Crude Oil Pipeline
28 April 2011 Enterprise Products Partners and Energy Transfer Partners are to form a 50 / 50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma, to Houston, Texas, US. ...

HRT Spuds Well in Solimoes Basin
28 April 2011 HRT Participacoes em Petroleo's subsidiary HRT O&G has spudded its first exploration well, located in the north-east portion of block SOL-T-170 in the Solimoes Basin, Brazil. The firm...

Energy Transfer to Expand Eagle Ford Shale Assets
27 April 2011 Energy Transfer Partners (ETP) has entered into long-term, fee-based agreements to provide natural gas gathering, processing and liquids services from the prolific Eagle Ford Shale in South...

Ecopetrol Finds Hydrocarbons in Angola
27 April 2011 Ecopetrol has discovered the presence of hydrocarbons in the Nunda-1 well, which is located in the municipality of Tello in Huila, Angola. Preliminary testing on the Honda formation showed...

Fidelity to Invest $2.1bn to Develop its Assets
26 April 2011 Fidelity Exploration & Production is planning to invest $2.1bn over the next five years, including $306m in 2011, to develop its existing reserves in the US. Fidelity has moved the...

Gas Natural Acquires US Pipeline Assets
26 April 2011 Gas Natural subsidiary Spelman Pipeline Holdings has acquired pipeline assets in Ohio and Kentucky, US, from Marathon Petroleum. The Ohio assets include more than 140 miles of pipeline from...

Otto Energy Begins Drilling Onshore the Philippines
21 April 2011 Otto Energy has begun drilling on the Duhat-1 well located in Service Contract 51, San Isidro, the Philippines. The company will drill to a target depth of 100m in about 27 days with the...

Technip Receives EPC Contract for Brazilian Refinery
21 April 2011 A consortium of Technip and Tome Engenharia has been awarded a turnkey engineering, procurement and construction (EPC) for five of Petrobas's new units at the Presidente Bernardes Refinery...

Heritage Oil to Drill Miran Block in Iraq
20 April 2011 Heritage Oil has signed a contract with DaQing International to supply the DQ037 2000HP rig to start a multi-well exploration and appraisal drilling programme on the Miran block in the...

LUKOIL, ANK Banshneft to Develop Russian Oilfields
20 April 2011 LUKOIL and ANK Bashneft have signed an agreement to establish a joint venture and develop the Roman Trebs and Anatoly Titov oilfields in Russia. Under the terms of the agreement, LUKOIL...

Chesapeake to Acquire Bronco for $315m
19 April 2011 Chesapeake Energy has entered into a definitive agreement with Bronco Drilling to acquire all the outstanding shares of Bronco, including debt, net working capital and outstanding warrants, for...

Salamander Suspends Dao Ruang-2 Well Onshore Thailand
19 April 2011 Salamander Energy has temporarily suspended the Dao Ruang-2 well in block L15/50, onshore north-east Thailand. The company has taken this step as the well failed to achieve flows at...

Statoil Awards Pre-FEED Contract to Foster Wheeler
18 April 2011 Statoil Petroleum has awarded a contract to Foster Wheeler to perform pre-front end engineering for the Snohvit future development project at Statoil's LNG facility on Melkoya Island,...

EGPI and Whitt to Develop Texan Wells
18 April 2011 EGPI Firecreek has formed a joint venture with Whitt Oil and Gas to conduct a series of rehabilitations on three oil and gas wells in Texas, US, which are jointly owned by EGPI Firecreek Whitt. ...

Blackstone, Alta Partner for North American Assets
15 April 2011 Blackstone Capital and Alta Resources have entered into partnership to invest up to $1bn in acquiring and developing unconventional oil and gas assets in North America. Both firms have...

Foster Wheeler to Conduct Feasibility Study on Bahrain LPG Facilities
15 April 2011 Bahrain National Gas Company has awarded a contract to Foster Wheeler to conduct a feasibility study for its liquefied petroleum gas projects, which are set for expansion. The expansion...

Statoil, BP, Sonatrach Sign $1bn EPC Contract with Petrofac
14 April 2011 Statoil, BP and Sonatrach have signed a $1.15bn engineering, procurement and construction (EPC) contract with Petrofac International for the execution of the In Salah Southern Fields...

Transerv Begins Drilling Warro Gas Field
14 April 2011 Transerv Energy has commenced drilling the Warro-4 well at the onshore Warro gas field, located 200km north of Perth in the Perth Basin, Australia. The firm expects to drill to an...

ETC Signs Gas Service Agreement with SM Energy
13 April 2011 ETC Texas Pipeline has entered into long-term gas service agreement with SM Energy to gather, transport and process production of gas from SM Energy's Eagle Ford shale assets in South Texas, US. ...

Crimson Completes Drilling at Texas Wells
13 April 2011 Crimson Exploration has completed drilling at the Littlepage McBride #1 well, which is located in Karnes County, Texas, US. The company drilled the well to a total depth of...

Cooper Energy Begins Drilling at Butlers Field
12 April 2011 Cooper Energy has commenced drilling at the Butlers-2 well, which is located in the Butlers oilfield in PEL92, Cooper Basin, Australia. Bulters-2 is the first appraisal / development well...

KMG EP to Acquire Four Hydrocarbon Blocks
12 April 2011 KazMunaiGas Exploration Production (KMG EP) has signed an agreement with national company KazMunayGas to acquire four hydrocarbon exploration blocks worth $40m. KMG EP will buy the Temir...

Norwest Energy to Conduct Survey of Northern Perth Basin
11 April 2011 Norwest Energy has received a Special Prospecting Authority (SPA) to conduct an FTG survey in the Northern Perth Basin, West Australia, to assess the hydrocarbon potential of over 21...

Beach Energy Completes Holdfast-1 Well Drilling
11 April 2011 Beach Energy has completed drilling the Holdfast-1 well in the PEL 218 area of Cooper Basin, Australia, and has intersected the target zone at 353m. The firm conducted extensive coring...

Tethys Completes Drilling at SE-7 Well
08 April 2011 Tethys Oil has completed work on the SE-7 well, located onshore Oman, and encountered several intervals of heavy oil, but no flows were established. The well reached a total depth of...

Legacy to Acquire Permian Basin Natural Gas Properties
08 April 2011 Legacy Reserves is to buy Permian Basin natural gas properties for $67m in cash. The assets include 126 wells located in Eddy and Chaves Counties, in New Mexico, US, 100 of which are operated....

Marubeni to Acquire Stake in Marathon Oil Asset
07 April 2011 Marubeni Denver Julesburg is to acquire an interest in Marathon Oil's Niobrara shale play within the DJ Basin of south-east Wyoming and northern Colorado, US. According to the...

TAG Discovers Light Oil, Gas in New Zealand Permits
07 April 2011 TAG Oil has discovered light oil and gas in the Sidewinder-3 exploration well at the Petroleum Exploration Permit 38748 at the onshore Taranaki Basin, North Island, New Zealand. ...

Royal Dutch Shell, Total Halt Gabon Oil Production
06 April 2011 Royal Dutch Shell and Total have stopped oil production in Gabon following an indefinite strike by Gabon's National Organization of Oil Workers. The strike action was called on 31 March...

ExxonMobil Resumes Operation at US Refinery
06 April 2011 ExxonMobil has resumed normal operations at its Baton Rouge refinery in Louisiana, US, after completing a turnaround. The successful turnaround means that the plant can now process...

Petrofac to Develop Iraq Oil Field
05 April 2011 Shell Iraq Petroleum Development has awarded a $240m contract to Petrofac to develop the Majnoon Field in Southern Iraq. Under the contract, Petrofac will provide engineering,...

BP Oil Awards EPCm Contract to AMEC
05 April 2011 BP Oil UK has appointed AMEC to carry out the engineering, procurement and construction management of capital investment projects for existing facilities at its UK oil storage terminals in 2011. ...

Tullow Oil Signs $2.9bn Deal with CNOOC, Total
04 April 2011 Tullow Oil is to sell two-thirds of its interest in Exploration Areas 1, 2 and 3A in Uganda to CNOOC and Total for a total value of $2.9bn. Tullow will retain a one third interest in...

Hyundai Receives EPC Contract from OOCEP
04 April 2011 Hyundai Engineering has received a $480m engineering, procurement and construction (EPC) contract from Oman Oil Company Exploration and Production (OOCEP) for a gas-processing plant in...

Metso Signs Service Contract with Petrobras
01 April 2011 Metso has signed a service contract with Petrobras to supply spare parts and maintenance services for Metso's valves, actuators and positioners in 11 refineries in Brazil. Under the...

American Eagle Acquires Knapp US Oil Asset
01 April 2011 American Eagle Energy is to acquire a 2km² leasehold position owned by Knapp in Montana, US. The firm plans to conduct a 3D seismic survey on the prospect to define the prospect...

March 2011

Top

Corrib Gas Partners Receive Gas Pipeline Licence in Ireland
31 March 2011 Corrib Gas Partners have received a Foreshore Licence from the Department of Environment, Heritage and Local Government in Ireland for the Corrib Onshore Gas Pipeline. Corrib Gas...

C&C Energia to Acquire Colombian Oil and Gas Assets
31 March 2011 C&C Energia has signed a purchase and sale agreement with Ramshorn International to acquire Ramshorn's oil and gas properties in Colombia for $89m. C&C will acquire a 70%...

American Petro-Hunter Acquires Additional Land in US
30 March 2011 American Petro-Hunter has acquired a major working interest in an additional 8km² of land in Payne County, Oklahoma, US. The newly acquired 'Ripley Prospect' is located in a key area of...

Siemens to Supply Compressor Trains to APLNG
30 March 2011 Siemens Energy will supply up to ten compressor trains to Australia Pacific LNG (APLNG) in Queensland, Australia. The APLNG project includes the development of coal seam gas fields...

Gulf Keystone Begins Drilling in Iraq
29 March 2011 Gulf Keystone's Bekhme-1 Exploration Well has spudded on the Akri-Bijeel block in the Kurdistan Region of Iraq. The firm plans to drill the Bekhme-1 well to a depth of 300m and will...

Aurelian Begins Flow Rate Test on Polish Well
29 March 2011 Aurelian Oil & Gas has begun stabilised flow rate testing on the Trzek-2 well on the Siekierki project in Poland, after a two-week delay. The delay was thought to have been caused by...

San Leon Energy Venture to Develop Iraqi Oilfields
28 March 2011 San Leon Energy and Al Meinaa Oil Services, its joint venture partner in Iraq, have signed a joint participation agreement with the Governorate Council of Karbala in Central Iraq. Under...

ETP, Regency to Acquire LDH Energy for $1.9bn
28 March 2011 Energy Transfer Partners (ETP) and Regency Energy Partners have formed a joint venture to buy LDH Energy Asset Holdings from Louis Dreyfus Highbridge Energy for $1.9bn in cash. LDH owns...

Enterprise Signs Texas Crude Oil Transportation Agreement
25 March 2011 Enterprise Products Partners is to provide firm crude oil transportation and marketing services to two producers in the Eagle Ford Shale play of South Texas, US. Under a ten-year agreement,...

MarkWest to Deliver Ethane to Canadian Markets
25 March 2011 MarkWest Liberty Midstream & Resources is developing a pipeline project to deliver Marcellus shale ethane from its processing and fractionation facilities in Houston and Pennsylvania, US,...

Buckeye to Acquire BP Assets for $225m
24 March 2011 Buckeye Partners has made an agreement with BP Products North America to buy some of BP's US fuel storage and pipeline assets for a total cash value of $225m. Under the terms of agreement,...

Yamal LNG Selects CBI for FEED Services
24 March 2011 Yamal LNG has selected Chicago Bridge & Iron (CBI) to provide front-end engineering and design (FEED) services for the Yamal LNG project in Russia. The Yamal LNG project involves...

UK Oil Production Tax to Increase by 32%
24 March 2011 The supplementary charge for North Sea oil and gas will increase by 32% from midnight tonight, a move that could cost oil giants £2bn, according to the UK Government. Speaking on Budget...

Capstone Turbine Sells Microturbines to Natural Gas Producer
23 March 2011 Capstone Turbine Corporation has sold six C65 microturbines to a natural gas producer. The six new C65s, to be installed in June 2011, will expand the producer's minigrid system in New...

Encana to Acquire Stake in Kitimat LNG Export Terminal
23 March 2011 Encana Corporation will acquire a 30% interest in the planned Kitimat liquefied natural gas (LNG) export terminal and the associated natural gas pipeline on the west coast of central...

EGPI Discovers New Oil and Gas Reserves in Texas
22 March 2011 EGPI Firecreek has discovered significant oil and gas reserves at its recently acquired Tubb Leasehold Estate in the AMOCO / CRAWAR Field in Ward County, Texas, US. The firm is planning...

Samsung Signs EPC Contract for Saudi Aramco Projects
22 March 2011 Samsung Engineering will perform the engineering, procurement and construction (EPC) work for Saudi Aramco’s Shaybah natural gas liquids (NGL) programme. Work under four lump sum turnkey...

Salamander Reaches Total Depth at Thailand Well
21 March 2011 Salamander Energy has drilled the Dao Ruang-2 well to a total vertical depth of 1,915m in block L15 / 50 onshore north-east Thailand. While drilling, Dao Ruang-2 well penetrated a number...

Valero Energy to Expand McKee Refinery
21 March 2011 Valero Energy is to expand the crude unit capacity of its McKee refinery in Texas by 25,000 barrels per day over the next three years. To increase the charge rate, the refinery will...

South Korea to Develop Oilfields in UAE
18 March 2011 South Korea has signed a deal with Abu Dhabi to develop oilfields in the United Arab Emirates. According to the deal with Abu Dhabi National Oil Company, Korean National Oil Corp will...

Cooper Energy Begins Production at Indonesian Project
18 March 2011 Cooper Energy has begun its first international production of oil from the Bunian-1 well in the Sukananti Production Area in South Sumatra, Indonesia. Bunian-1's production increased to...

ExxonMobil to Restart Japan Oil Refineries
17 March 2011 ExxonMobil's Japan refineries, which were shut down following the earthquake of 11 March 2011, are to restart as soon as possible. The firm will restart its 335,000bpd Kawasaki refining...

TAG Oil Discovers Hydrocarbons in New Zealand
17 March 2011 TAG Oil has made a multizone, light oil and gas discovery at the Sidewinder-2 well within the Mt Messenger Formation on petroleum exploration permit 38748 onshore Taranaki Basin in New...

Strategic American Completes Initial Well Drilling at Fisher's Reef
16 March 2011 Strategic American Oil Corporation (SGCA) has recompleted and put into production its initial Fisher's Reef G2-3A well in Chambers County, Texas, US. The Fisher's Reef G2-3A well is...

Japan Closes Its Oil Refineries
16 March 2011 Oil refineries in Japan were shut down following the massive earthquake that occurred near the city of Sendai on 11 March 2011. Cosmo Oil shut its refinery in the city of Chiba after a...

Glen Rose to Drill Deeper in Texas Wells
15 March 2011 Glen Rose Petroleum is to drill and deepen five wells on the Wardlaw and Adamson leases in Edwards County, Texas, over the next three weeks. The firm will drill three new wells to a depth...

Clough AMEC Forms Joint Venture with Beca
15 March 2011 Clough and AMEC's joint venture Clough AMEC has formed a strategic joint venture with New Zealand-based engineering company Beca to provide integrated engineering, operations and...

Sasol Acquires Stake in Talisman Energy's Cypress Asset
14 March 2011 South African alternative fuels and chemicals company Sasol is to acquire a 50% stake in Talisman Energy's Cypress A shale gas asset in the Montney basin of British Columbia, Canada, for...

Cooper Energy Sells Worrior Assets to GB Energy
14 March 2011 Cooper Energy has sold all of its shares in Worrior (PPL 207) to GB Energy (GBX) for A$16m ($16.07m) and A$500,000 ($500,000) in GBX shares. The Worrior assets include 30% of the...

Southcross Energy to Provide Support Services to Swift Energy
11 March 2011 Southcross Energy will provide natural gas-gathering, transportation and processing services to Swift Energy for production at its acreage in McMullen County, Texas, US. As part of...

MarkWest to Provide Midstream Services to Statoil
11 March 2011 MarkWest Liberty Midstream & Resources will provide additional natural gas midstream services for Statoil Natural Gas's Marcellus acreage in northern West Virginia, US. MarkWest...

KBR Awarded FEED Contract for Kitimat LNG
10 March 2011 KBR has received a front end engineering and design (FEED) contract for a new natural gas liquefaction and export facility near Kitimat, British Columbia, Canada. Apache Canada and...

Beach Energy Begins Drilling at Cooper Basin
10 March 2011 Beach Energy has initiated a major oil drilling programme for up to 26 wells located on the western flank of Cooper Basin, Australia. The firm will conduct exploration and development for...

TAG Discovers Light Oil in New Zealand
09 March 2011 TAG Oil has discovered multizone light oil in the Cheal-B4ST well in Petroleum Mining Permit 38156 (PMP 38156) in the Taranaki Basin, New Zealand. The well, which was drilled to a total...

Legend Natural to Acquire $1bn Oil, Gas Assets
09 March 2011 Legend Natural Gas IV has signed two definitive purchase agreements to acquire oil and gas-producing assets in the US for a total combined value of about $1bn. Legend Natural will...

Total Signs Agreements with Novatek
08 March 2011 Total has signed two memorandums of cooperation with Russian independent natural gas producer Novatek for a total value of $4bn. According to the memorandums, Total will acquire a 20%...

Foster Wheeler to Conduct Study for ZADCO Processing Unit
08 March 2011 Foster Wheeler will perform an availability and reliability study for expanding the Zirku oil processing facilities in Abu Dhabi, UAE, for Zakum Development Company (ZADCO). ZADCO is...

Range Resources to Sell Barnett Shale Properties
07 March 2011 Range Resources has signed a definitive agreement with a private firm to sell its Barnett Shale properties in the Fort Worth Basin, US, for $900m. The properties include 390 producing...

Caspian to Commence Drilling in Central Asia
07 March 2011 Caspian Oil & Gas is to drill the West Mailisu #2 well in the West Mailisu licence in the Kyrgyz Republic, Central Asia, between May and June 2011. The firm has completed...

Camcon Oil Selects Ultra CEMS to Develop New Gas Lifting System
04 March 2011 Camcon Oil has selected Ultra Electronics, Manufacturing & Card Systems (Ultra CEMS) to manufacture a new artificial gas lifting system. Designed by Camcon, the new Apollo system...

Enterprise Acquires Trinity's Texas Pipeline
04 March 2011 Enterprise Products Partners has bought a 39-mile CO2 pipeline from Trinity Pipeline, which will be converted to crude oil service in order to expand the firm's gathering system in the...

PPG and Gastar to Develop Marcellus Shale Gas in US
03 March 2011 PPG Industries and Gastar Exploration have signed an agreement to develop Marcellus shale natural gas resources at PPG's Natrium chemicals site in West Virginia, US. As part of the...

Kinder Morgan Forms Joint Venture with Deeprock and Mercuria
03 March 2011 Kinder Morgan Energy Partners (KMP) has formed a crude oil joint venture with Deeprock Energy Resources and Mercuria Energy. KMP will invest $25m to acquire a 50% stake in an existing crude...

Mogul Energy Begins Drilling at Stafford Lease in the US
02 March 2011 Mogul Energy International has begun drilling at Stafford Well #1 at the Stafford lease in Jackson County, Texas, US. The well is permitted to a total depth of 7,400ft will test...

NW Natural and Encana to Develop Gas Reserves in US
02 March 2011 NW Natural will invest in a joint venture to develop gas reserves from the Jonah Field in Wyoming, US, under a 30-year agreement with Encana Oil and Gas. NW Natural will pay $250m for...

Murphy Oil Begins Operations at Canadian Gas Plant
01 March 2011 Murphy Oil has begun operations at the Tupper West natural gas processing facility in north-eastern British Columbia, in Canada. The Tupper West gas plant is located 39km from the Tupper...

Australia Pacific to Supply LNG to Sinopec
01 March 2011 Australia Pacific LNG will supply up to 4.3 million tons of LNG per annum to Sinopec, under a new heads of agreement deal that will last 20 years. Under the terms of agreement, Sinopec...

February 2011

Top

BHP Acquires Chesapeake US Assets
28 February 2011 BHP Billiton has agreed to acquire all of Chesapeake Energy's interests in the Fayetteville Shale, US, including the midstream pipeline system, for $4.75bn. The assets include...

American Eagle Energy to Merge with Eternal Energy
28 February 2011 Eternal Energy will form a wholly owned subsidiary into which American Eagle Energy will merge, under a new letter of intent with the firm. Eternal Energy expects the merger to reduce...

Clough Joint Venture Wins Papua New Guinea LNG Project Orders
25 February 2011 The Clough Curtain Joint Venture (CCJV) has received work orders worth A$209m ($210.5m) for the PNG LNG upstream infrastructure contract in Papua New Guinea. The contract includes...

Shell to Divest Stakes in African Downstream Businesses
25 February 2011 Shell has signed agreements with Vitol Group and Helios Investment Partners to divest its majority stakes in its African downstream businesses for $1bn. Shell will continue to hold equity in...

BP to Suspend Libyan Operations
24 February 2011 BP is suspending its operations in Libya as violence continues to increase in the country, pushing oil prices to a two-year high. The firm is evacuating 40 of its personnel and their...

Kirby Acquires United Holdings for $270m
24 February 2011 Kirby Corporation has signed an agreement to purchase United Holdings for $270m, including a three-year earnout provision for an additional payment of up to $50m payable in 2014. ...

Iran Discovers New Gas Field
23 February 2011 A new natural gas field has been discovered near Assaluyeh in the Iranian province of Bushehr, with reserves worth at least $50bn, according to Iranian oil minister Masoud Mir Kazemi. ...

Essar Makes $1.3bn Offer for Shell Refinery
23 February 2011 Essar Energy has made a $1.3bn offer to buy Shell's 272,000bpd Stanlow refinery and associated local marketing businesses in the UK. Based on the offer, the two firms signed an...

Emerald to Acquire New Frontier Energy's Green River Basin Assets
22 February 2011 Emerald Oil and Gas will acquire New Frontier Energy's 45% interest in the Green River Basin joint venture in the US under a new Memorandum of Understanding (MoU). Emerald will pay...

PVR Begins Operation of Gas Gathering System
22 February 2011 Penn Virginia Resource (PVR) has commenced commercial operations of the first section of its new natural gas gathering system in Lycoming County, Pennsylvania, US. The Lycoming pipeline...

CNOOC Acquires Stake in Chesapeake's US assets
21 February 2011 CNOOC International has acquired a 33.3% undivided interest in Chesapeake Energy's 800,000 net oil and natural gas leasehold acres, which are located in the Denver-Julesburg and Powder...

Cooper Energy to Begin Drilling at Cooper Basin
21 February 2011 Cooper Energy is to commence drilling at PEL92, which is located in the Cooper Basin, Australia, within the next week, with 11 wells planned for drilling. As part of the drilling programme,...

American Standard Energy Acquires 36 Wells in US
18 February 2011 American Standard Energy has signed an agreement with Geronimo Holding Corporation for the acquisition of 36 gross wells in the US states of Texas, Oklahoma and Arkansas. The acquisition...

Repsol to Supply LNG to South Korea
18 February 2011 Repsol has signed an agreement with South Korea's state-owned Korea Gas Corporation to supply liquefied natural gas (LNG) to the country. Under the 15-month agreement, Repsol will ship...

Total’s Bolivian Gas Field Starts Production
17 February 2011 Total E&P Bolivie has started production from the Itau gas and condensate field located on block XX (Tarija Oeste), 400km south of Santa Cruz, Bolivia. The company's the first phase...

Rosneft Unveils Siberian Oil and Gas Fields
17 February 2011 Rosneft has discovered two new oil and gas fields at the Sanarsky and Preobrazhensky licence areas located in the Katangsky district of Irkutsk in Eastern Siberia. The company said that...

Po Valley Begins Seismic Campaigns on Italian Gas Projects
16 February 2011 Po Valley Energy has begun new seismic campaigns on two of its gas projects to progress exploration and development near Bologna, Italy. The firm has begun acquisition of a 2D land...

IOG Gets Approval to Drill New Californian Well
16 February 2011 Incremental Oil and Gas (IOG) has been granted approval to drill a new well on its Round Mountain lease in California, US, from the state's Division of Oil, Gas and Geothermal Resources. ...

Wood Group Sells Well Support Division
15 February 2011 Wood Group has entered into a conditional agreement to sell its Well Support Division to GE Oil & Gas for a cash consideration of $2.8bn. Following the disposal, Wood Group will return...

Bashneft Receives Licence to Develop Russian Oilfields
15 February 2011 Sistema's oil subsidiary ANK Bashneft has received a licence to develop the Trebs and Titov oilfields in Russia. Russian Prime Minister Vladimir Putin signed Decree No 152-r, granting...

Tri-Valley to Expand US Operations
14 February 2011 Tri-Valley Corporation is to expand oil production at its Claflin project in the Edison Oil Field, near Bakersfield, California, US. The first phase of the expansion includes the acquisition...

PetroChina to Acquire Share of Encana's Canadian Assets
14 February 2011 PetroChina has signed a cooperation agreement with Encana Corporation to acquire a 50% interest in Encana's Cutbank Ridge business assets in British Columbia and Alberta, Canada, for...

Kulczyk Oil to Begin Phase II Exploration at Brunei Block M
11 February 2011 Kulczyk Oil Ventures and its joint-venture partners will commence a phase II exploration programme on block M in Brunei Darussalam. Under phase II, the company will acquire and process no...

Plains to Construct Shafter Expansion Project
11 February 2011 Plains All American Pipeline is to construct its Shafter Expansion project in the US for $50m, under a five-year transportation agreement with a subsidiary of Occidental Petroleum. The...

Pacific Northern to Sell Stake in PTP
10 February 2011 Pacific Northern Gas (PNG) is to sell its 50% stake in the Pacific Trail Pipelines Limited Partnership (PTP) to Apache Canada and EOG Resources for a total of $50m. PTP is developer of...

Ecopetrol Discovers Hydrocarbons in Colombian Project
10 February 2011 Ecopetrol has discovered the presence of hydrocarbons at exploratory well Tinkhana-1, which is located in the Western Area block in Putumayo, Colombia. The well is part of exploratory...

Circle Oil Discovers Moroccan Gas Reserves
09 February 2011 Circle Oil has discovered gas in the Base Guebbas target at the DRJ-6 exploration well located in the Sebou Permit of Rharb Basin, Morocco, at a sustained rate of 5.363mmscf per day on a 26 /...

Exillon Makes Siberian Oil Discovery
09 February 2011 Exillon Energy has discovered oil in two of its wells, EWS-16 and EWS-391, located in West Siberia. EWS-16, drilled on a northern extension of the EWS I field, flowed water-free oil at a...

Marion's Clear Creek Project Begins Natural Gas Production
08 February 2011 Marion Energy's Utah Fuels #2 well, located at the Clear Creek project, has commenced natural gas production. The well has responded to the electrical submersible pump installed a few...

Range Resources to Augment Production of Texan Wells
08 February 2011 Australia's Range Resources is to conduct fracture stimulation to augment hydrocarbon flow rates on the Russell Bevly well at the North Chapman Ranch project in Texas, US. The operation will...

Tag Oil to Begin Drilling at Second Taranaki Basin Well
07 February 2011 Tag Oil will commence drilling operations this month at the Sidewinder-2 well, which is located in Taranaki Basin, New Zealand. Sidewinder-2 is the first of several appraisal and...

Gazprom to Begin Badra Oilfield FEED Development
07 February 2011 Gazprom Neft has awarded the front-end engineering and design (FEED) contract for the Badra oilfield in Iraq to Technip. Under the framework, Arabian Gulf Mine Action Company will perform...

EWC, InterOil to Construct LNG Plant in Papua New Guinea
04 February 2011 Energy World Corporation (EWC) has signed a project funding and construction agreement and shareholders agreement with InterOil Corporation and Liquid Niugini Gas to construct a three...

Marathon Oil Sets $5.2bn Budget for 2011
04 February 2011 Marathon Oil Corporation has announced its $5.26bn capital, investment and exploration budget for 2011. From the total capital, $3.7bn will be spent on upstream segments and $1.2bn...

Chevron to Construct $1.4bn US Lubricant Plant
03 February 2011 Chevron Lubricants is to build a lubricants manufacturing facility worth $1.4bn at its Pascagoula Base Oil Project located in Mississippi, US. The facility, which will manufacture...

Green Star, Petrolia to Develop California Creek Oilfield
03 February 2011 Green Star Energies has made an agreement with Petrolia Group to develop the California Creek Oilfield in Oklahoma, US. Under the agreement, Petrolia Group will provide development costs...

Molopo Energy Upgrades Queensland Acreage Reserves
02 February 2011 Molopo Energy has upgraded its major reserves for its Queensland, Australia, acreage held under ATPs 564P and 602P. These permits include the Mungi, Harcourt, Harcourt North, Lilyvale and...

ADX Receives Exploration Rights in Romania
02 February 2011 ADX Energy of Australia has signed a concession agreement with Agentia Nationala Pentru Resurse Minerale (NAMR) for exploration block EX-10 PARTA in Romania. The PARTA block, which covers...

Egdon Resources to Acquire UK Oil and Gas Assets
01 February 2011 Egdon Resources will acquire the entire interest of Valhalla Oil and Gas in two onshore UK petroleum exploration and development licences (PEDLs). Both firms signed an agreement for...

Caza Commences Drilling Texas Prospect
01 February 2011 Caza Oil & Gas has begun development drilling at the Caza 158 #2 well, located in the Windham prospect of Upton County, Texas, US. The 158 #2 well, which will be drilled to a...

January 2011

Top

Heritage Oil Discovers Major Gas in Iraq
31 January 2011 Heritage Oil has announced a major gas discovery at the Miran West-2 well in the Kurdistan Region of Iraq, following completion of its deepening and testing phase. Heritage estimates that...

Statoil Produces First Oil from Leismer Demonstration Project
31 January 2011 Statoil has announced first oil production from its Leismer Demonstration Project (LDP) in Canada, ahead of schedule after initiating steam injection in September 2010. The LDP is the...

Caiman Completes West Virginia Gas-Processing Plant
28 January 2011 Caiman Energy has completed construction of the Fort Beeler Processing Plant I, a cryogenic processing facility in the Marcellus Shale Formation, West Virginia, US. The plant will have...

Halliburton to Provide Services for Samson's Hawk Springs Project
28 January 2011 Halliburton Energy Services and its partner will evaluate and develop the Niobrara Formation and other conventional targets as part of Samson Oil & Gas' Hawk Springs project in Wyoming, US. ...

Ecopetrol, Talisman Acquire BP Unit for $1.75bn
27 January 2011 Ecopetrol and Talisman Colombia Holdco have completed the acquisition of BP Exploration (Colombia) for $1.75bn. Ecopetrol will have a 51% share and Talisman will hold the remaining...

Africa Oil JV Becomes Operator of Kenyan Project
27 January 2011 Africa Oil Corp and its joint venture partner Lion Energy have entered into the First Additional Exploration Phase under the Block 9 Production Sharing Contract Agreement (PSC) in Kenya. ...

Chevron Signs LNG Agreement with Kyushu
26 January 2011 Chevron Corporation's Australian subsidiary is to supply part of its offtake of liquefied natural gas (LNG) from the Gorgon Project, Australia, to Kyushu Electric Power. Under the sales...

Black Hawk Expands US Oil and Gas Leases
26 January 2011 Black Hawk Exploration has expanded its oil and gas lease holdings in Cowley County, Kansas, US, with the acquisition of an additional 1.7km². The Layton zone previously produced over...

Imperial to Develop Land in Texan County
25 January 2011 Imperial Resources subsidiary Imperial Oil & Gas has entered into an oil and gas lease agreement with the mineral owner of 35 acres and an existing wellbore in Montague County, Texas,...

Oneok to Invest in Williston Basin Projects
25 January 2011 Oneok Partners is to invest between $260m and $305m by the end of 2014 for additional projects in the Bakken Shale in Williston Basin, US. The investments include $135m-$150m for building...

Fluor Wins $3.5bn EPC Contract for GLNG Project
24 January 2011 Fluor Corporation will provide engineering, procurement and construction (EPC) services for Santos' Gladstone Liquefied Natural Gas (GLNG) project in Queensland, Australia. The EPC...

Strategic American Oil to Acquire Texas Assets
24 January 2011 Strategic American Oil is to acquire an unnamed private Texas oil and gas company, which owns and operates producing oil and natural gas properties and related facilities in Galveston Bay,...

Western Gas to Acquire Encana's Colorado Assets
21 January 2011 Western Gas Partners has announced that it will acquire midstream assets located in the DJ Basin of north-eastern Colorado, US, from Encana Oil & Gas for $303m. As part of the...

Petrofac to Develop In Salah Gas Fields
21 January 2011 Petrofac is to develop the southern fields of Algeria's In Salah development for In Salah Gas (ISG) under a $1.2bn contract. The fields to be developed include Garet el Befinat, Hassi...

Eaglewood to Reach Ubuntu-1 Total Depth in February
20 January 2011 Eaglewood Energy will reach a total depth of 3,600m in the Ubuntu-1 well in Papua New Guinea by next month, with drilling going ahead in an 8.5in hole at 2,600m. Ubuntu-1 is located...

Sunwing Energy Discovers Further Gas Reserves in China
20 January 2011 Ivanhoe Energy subsidiary Sunwing Energy has made another natural gas discovery in the Zitong exploration block in China's Sichuan province. The find is Sunwing's second deep discovery...

Saipem Wins $1bn EPC Contract for GLNG Project
19 January 2011 Italian oil and gas contractor Saipem has received an engineering, procurement and construction contract worth $1bn from Gladstone LNG Operations. Saipem will engineer, procure and construct...

Gran Tierra to Acquire Petrolifera Petroleum
19 January 2011 Gran Tierra Energy is to acquire Petrolifera Petroleum for $195m. Under the terms of the agreement, Petrolifera shareholders will receive a 0.12 Gran Tierra Energy share for every...

Baytex to Acquire Canadian Heavy Oil Assets
18 January 2011 Baytex Energy is to acquire heavy oil assets in the Seal area of northern Alberta and the Lloydminster area of western Saskatchewan, Canada, for $156m. The firm will acquire a 100%...

GLNG Partners Approve $16bn Queensland Project
18 January 2011 Santos, Petronas, Total and Kogas have taken the final investment decision for developing the $16bn Gladstone LNG (GLNG) project near Gladstone in Queensland, Australia. The approval paves...

ADX to Drill Tunisia's Sidi Dhaher Well
17 January 2011 ADX Energy will provide drilling rig services for Challenger on the Sidi Dhaher well in the Chorbane Exploration Permit, Tunisia. The Sidi Dhaher prospect, which is located in the 2.5...

Solimar Energy Secures US Suspended Well
17 January 2011 Australia's Solimar Energy has secured access to and ownership of the suspended Jack Hamar 1-24 well in the San Joaquin Basin, California, US. The well was drilled to 3,630ft in 2007 within...

Osyka Completes Una West Field Acquisition
14 January 2011 Osyka Permain, a subsidiary of Osyka Corporation, has completed its acquisition of the Una West field in Victoria County, Texas, US. Osyka founder and CEO Michael Harness said that the...

ROO Increases Production in Iraq Field
14 January 2011 Rumaila Operating Organisation (ROO) has increased its oil production by 10% to the 1.066 million barrels a day initial production rate agreed in December 2009 at the Rumaila oilfield...

Range Acquires Stake in Cotton Valley Project
13 January 2011 Range Resources has acquired an additional 8.2% working interest in its East Texas Cotton Valley project. The company's participating interest in the shallow oil project now...

LNG Energy Spuds Polish Shale Gas Well
13 January 2011 LNG Energy subsidiary Saponis Investments has spudded its first shale gas exploration well, Wytowno S-1, in Poland. Intermediate casing was landed at 1,205mKB with drilling operations about...

Red Emperor to Acquire Georgia Oil and Gas Blocks
12 January 2011 Red Emperor Resources will acquire a 20% interest in two oil and gas blocks in Georgia from Range Resources and Strait Oil & Gas. The two blocks, VIa and VIb, cover a contiguous area...

Burleson Energy Drills Heintschel #2 Well to Total Depth
12 January 2011 Burleson Energy has drilled the Heintschel #2 well in the Heintschel field, Texas, US, to a total depth of 11,900ft (3,627m). Gas shows were recorded in the primary reservoir section...

Salamander Energy to Begin Drilling in Thailand
11 January 2011 Salamander Energy will begin drilling at block L15 / 50 at the Dao Ruang Prospect in Western Khorat, onshore Thailand. The first of the two back-to-back appraisal wells is expected to spud...

Otto Energy Signs Rig Contract with DESCO
11 January 2011 Australia's Otto Energy subsidiary Norasian Energy Phils has signed a land rig contract with DESCO for exploration drilling in Service Contract 51 (SC51) in the Philippines. DESCO's Rig-1...

AWE Plans Drill Stem Test at Al Meashar-2 Well
10 January 2011 AWE has set tools into the hole at the Al Meashar-2 appraisal well in block 7, Yemen, in order to perform a drill stem test. The firm completed a clean-up of the well and made preparations...

Eaglewood to Reach Ubuntu-1 Well Total Depth by February
10 January 2011 Canada's Eaglewood Energy is drilling the Ubuntu-1 well in Papua New Guinea at 1,920m and expects to reach a total depth of 3,600m in early February 2011. The Ubuntu-1 well is located...

Groundstar Spuds First Well in West Kom Ombo Block
07 January 2011 Groundstar Resources, in concert with Energean Oil & Gas, has spudded the West Kom Ombo-1 exploration well on the West Kom Ombo block in Upper Egypt. West Kom Ombo-1 is the...

Sure Energy Tests 11-2 Redwater North Horizontal Well
07 January 2011 Sure Energy has tested the Viking formation in its 11-2 Redwater North horizontal well. The test continued for 50 hours and flowed a total of 569 barrels of clean light oil and 442mcf...

Transeuro Energy Begins Drilling in Ukraine
06 January 2011 Transeuro Energy has commenced drilling on the Karl-101 well at the Karlavskoye field, Western Crimea, Ukraine. The Karlavskoye field has nine wells that all produce gas and...

Petroamerica to Acquire Interests in Colombian Assets
06 January 2011 Petroamerica Oil is to acquire participating interests in four exploration blocks in the Llanos Basin of Colombia from Talisman (Colombia) Oil & Gas. As per the agreements...

ONGC, GAIL in Three-Year Natural Gas Deal
05 January 2011 ONGC and GAIL have partnered for business growth in the sectors of natural gas and petrochemicals. The firms will work together during the next three years for the exclusive sale of natural...

Mainland Reaches Total Depth at Burkley-Phillips Well
05 January 2011 Mainland Resources' drilling of its Burkley-Phillips#1 well in Jefferson County, Mississippi, US, has reached a total depth of 22,000ft. The well is being logged and interpreted by the...

Nordic Oil Confirms Hydrocarbon Presence in Saskatchewan
04 January 2011 Nordic Oil and Gas has completed the laboratory analysis of samples taken from the drilling of the firm's 4-11-35-4 W2 site in Endeavour, Saskatchewan, Canada. The analysis showed the...

Connacher to Sell Battrum Properties to Hyak Energy
04 January 2011 Connacher Oil is to sell its Battrum properties in south-west Saskatchewan, Canada, to Gas Hyak Energy for $57.5m under a purchase and sale agreement. At an approximate current production...

December 2010

Top

Ivanhoe Energy Discovers Gas in Zitong Block
24 December 2010 Ivanhoe Energy subsidiary Sunwing Energy has discovered a large amount of gas at Sunwing's Yixin-2 well on the Zitong block in Sichuan, China. Gas from the well flowed at rates of up to...

Season's Greetings
24 December 2010 hydrocarbons-technology.com will be taking a short break over the holiday season. Our full daily news service will return on 4 January 2011. Thank you for your support in 2010 and we wish you...

Williams Partners Acquires Cabot's Midstream Assets
24 December 2010 Williams Partners has acquired the midstream assets of Cabot Oil & Gas Corporation in Susquehanna County, Pennsylvania, US, for $150m. The assets include 75 miles of gathering pipelines...

Gastar Acquires Marcellus Property
23 December 2010 Gastar Exploration has completed the acquisition of a Marcellus property in the Marcellus Shale, West Virginia, US. The $29m assets consist of around 250 million square metres of leasehold...

Sasol to Acquire 50% of Talisman Energy's Farrek Creek Asset
23 December 2010 Sasol has signed an agreement with Talisman Energy to acquire a 50% stake in its Farrell Creek shale gas assets in the Montney basin, British Columbia, Canada. Under the $1bn agreement,...

Total, Suncor Form $1.7bn Alliance for Canada Oil Sands
22 December 2010 Total E&P Canada and Suncor have formed a $1.7bn strategic oil sands alliance covering three assets in Alberta, Canada. Total will acquire 19.2% of Suncor's interest in the Fort...

Saipem Awarded $1.2bn Kuwaiti Oil and Gas Contracts
22 December 2010 Saipem has won onshore oil and gas contracts worth over $1.2bn from Kharafi National and Dijla Petroleum. Kharafi National awarded Saipem the engineering, procurement and construction...

Total Acquires Interest in GLNG
21 December 2010 Total has signed an agreement to acquire an additional 7.5% interest in Santos's Gladstone LNG (GLNG) project in Australia for $281m. The integrated LNG project consists of extracting...

Alberta Star Drills Second Canadian Well
21 December 2010 Alberta Star Development has successfully drilled and cased a second well in its phase II drilling programme in Landrose, Saskatchewan, Canada. Phase II comprises three in-fill wells, with...

Range Resources Marcellus Shale Exceeds Target
20 December 2010 Range Resources Corporation's net production from the Marcellus Shale has exceeded its 2010 exit rate target of 200Mmcfe to 210Mmcfe a day. The firm said that production had averaged 212Mmcfe...

Unit Corporation Installs Gas Processing Plant in Texas, US
20 December 2010 Unit Corporation subsidiary Superior Pipeline Company has completed the installation and start-up of the Lone Tree Gas Processing Plant in Texas, US. The Lone Tree Plant is a turbo...

Repsol to Sell REFAP Stakes to Petrobras
17 December 2010 Repsol is to sell its 30% stake in the Alberto Pasqualini Refinery (REFAP) in the state of Rio Grande do Sul, Brazil, to Petrobras. Under the terms of the agreement, Repsol will receive...

Strategic American Oil to Drill Well in Texas
17 December 2010 Strategic American Oil Corporation has begun preparations for drilling at Koliba No 3 well in Texas, US, in which the company retained a 12.5% working interest. The combined leased acreage...

Shell to Sell South Texas Gas Fields to OXY
16 December 2010 Shell is to sell a group of gas fields in South Texas, US, to Occidental Petroleum subsidiary OXY USA for $1.8bn. The fields include all Shell's gas-producing properties and related assets...

Valero Aruba to Restart LNG Refinery Units
16 December 2010 Valero's Aruba Refinery has completed a plant-wide programme to restart refinery units within the next few days, following its July 2009 shutdown. To date the firm has spent over $90m for...

Milagro Buys North Texas Assets from RWG Energy
16 December 2010 Milagro has purchased North Texas assets from RWG Energy, a wholly owned subsidiary of RAM Energy Resources for $43m. The assets acquired include 118 producing wells in Jack and Wise...

Gran Tierra to Acquire Block 95 in Peru
15 December 2010 Gran Tierra Energy will acquire a 60% working interest in Global Energy Development's block 95 in Peru's Marañon Basin along with operatorship rights. Under the agreement, Gran Tierra...

Tethys Oil Tests Omani FS-5 Well
14 December 2010 Tethys Oil has completed testing of the Farha South-5 well (FS-5) on block 3 as part of the Oman onshore 2010 drilling programme. FS-5 flowed at a rate of over 1,500bopd from a...

Alberta Star Begins Phase II Drilling of Saskatchewan Wells
13 December 2010 Alberta Star Development has successfully drilled and cased its first well in its Phase II Drilling Program in Landrose, Saskatchewan in Canada. The firm's Phase II Program will consist...

Beach Energy Confirms Thicker Gas Show
13 December 2010 Beach Energy has determined that the shale interval in the Encounter-1 well in the Nappamerri Trough of the Cooper Basin, Australia, is thicker than anticipated. Logging data conducted...

Mainland Resources Captures Mississippi Shale Core
13 December 2010 Mainland Resources has captured the core of the Haynesville Shale at its Burkley-Phillips #1 well on the Buena Vista prospect in Jefferson County, Mississippi, US. The firm captured a...

Repsol YPF Discovers Huge Gas Find in Argentina
10 December 2010 Repsol YPF has discovered significant non-conventional gas in the Neuquen basin in Argentina. The gas find is expected to hold 127Bcm, equivalent to four years' gas consumption in...

Case, Nabobs to Commence Amazon Drilling Prospect
10 December 2010 Case Oil and Gas has executed a drilling contract with Nabobs Drilling to use the Nabobs Rig 4 for the Marian Baker #1 well on the Amazon prospect. A 4,876m exploration test of...

Petro-Reef Tests New Alexander Well
09 December 2010 Petro-Reef Resources has successfully tested a new follow-up oil development well in its core area of Alexander in Alberta, Canada. The new follow-up oil development well tested at...

Petrominerales Tests Yenac-2 Well
09 December 2010 Petrobank Energy and Resources' subsidiary Petrominerales has successfully tested its Yenac-2 well in the Casimena block of Central Llanos, Colombia. During the test, the well flowed at a...

Eni Boosts Production at Zubair Field
08 December 2010 Eni has increased its production rate at the Zubair field in Iraq under the Zubair technical service contract with Iraq's South Oil Company. Eni is the lead contractor of the consortium,...

FormCap to Conduct Seismic Survey at Mexican Prospect
08 December 2010 FormCap is to begin a seismic survey to confirm drill targets at its Weber City Prospect in New Mexico, US. To date, the firm has acquired 23.47 million cubic metres of oil and gas...

Twin Butte Acquires Canadian Heavy Oil Assets
07 December 2010 Twin Butte Energy has bought conventional heavy oil-producing assets primarily in the Frog Lake area of North Eastern Alberta, Canada, for $19.5m. The assets, which include wells and...

Ivanhoe Energy Drills Zitong Block Wells to Total Depth
07 December 2010 Ivanhoe Energy's Zitong-1 and Yixin-2 wells on the Zitong block in south-west China have been successfully drilled to their total depths. At Zitong-1, the upper Xu2 sandstone was encountered...

Ascent to Begin Drilling Pg-11 Evaluation Well in Slovenia
06 December 2010 Ascent Resources has announced that it plans to begin drilling operations at its Pg-11 evaluation well in the Petisovci-Lovaszi project area in Slovenia later in December. Drilling...

Conoco Ships QG3's LNG Cargo to Canada
06 December 2010 ConocoPhillips shipped the first cargo of liquefied natural gas (LNG) from the Qatargas 3 (QG3) joint venture to New Brunswick, Canada, on 25 November 2010, the company announced last week. ...

Strategic American Oil Begins Drilling on 3D Seismic Prospect
03 December 2010 Strategic American Oil Corporation has begun drilling operations on its KMF 64-1 No 1, 3D Seismic prospect in Kenedy County, South Texas, US. KMF 64-1 No 1 is located on a 4.2 million...

Nordic Production Receives Boost from CBM Wells
03 December 2010 Nordic Oil and Gas' production has exceeded 100 barrels of oil equivalent a day from its natural gas and coal bed methane (CBM) wells in Alberta, Canada, as two wells resume production. ...

Kodiak Completes Williston Basin Acquisition
02 December 2010 Kodiak Oil & Gas has closed its acquisition of Williston Basin oil and gas-producing properties and an undeveloped leasehold located in North Dakota, US. The $110m acquisition...

Carrizo Announces Initial Production for Texan Wells
02 December 2010 Carrizo Oil & Gas has drilled two Eagle Ford Shale wells from a common surface location in central La Salle County, Texas, US. The Mumme Ranch 10H, which was drilled with a...

CAMAC Discovers Gas in China's Zijinshan Gas Asset
01 December 2010 CAMAC Energy has discovered gas in the ZJS-02 well at the Zijinshan Gas Asset, which covers an area of 708 million square metres in the Ordos Basin in Shanxi Province, China. The well...

Black Hawk Buys US Oil and Gas Leases
01 December 2010 Black Hawk Exploration has purchased oil and gas leases covering approximately 10.3 million square metres of land in Cowley County, Kansas, US. The lease acquisition comprises a...

November 2010

Top

Petrobras Discovers New Oil in Brazil
30 November 2010 Petrobras has discovered a new accumulation of light oil (46°API) in Tefe, in the state of Amazonas, Brazil. The extended well test indicated that the well is capable of producing...

Indonesia Awards Oil and Gas Production Contract to BP
30 November 2010 BP has won a 100% interest in the North Arafura oil and gas production sharing contract (PSC), onshore Papua Province. The PSC was signed on Friday in Jakarta by representatives of...

Eni Signs Service Contract for Ecuador's Villano Oilfield
29 November 2010 Eni has signed a new service contract with the Government of Ecuador for the Villano oilfield in block 10 in the Oriente Basin, which is located in the country's eastern region. Eni...

Beach Energy, ITOCHU to Open Australian LNG Facility
29 November 2010 Beach Energy and ITOCHU have identified potential South Australian sites for a proposed mid-scale liquefied natural gas (LNG) facility. A memorandum of understanding between the companies...

Tap Energy Acquires Belait North 3D Seismic Survey
26 November 2010 Tap Oil subsidiary Tap Energy has acquired the Belait North 3D Seismic Survey, which covers about 136km² in the central part of Block M in onshore Brunei. The processing of 3D seismic...

OGX Maranhão Finds Gas in Brazil's Parnaiba Basin
26 November 2010 EBX Group unit OGX Maranhão has identified the presence of gas in the onshore basin of Parnaiba, Brazil. The gas accumulation has been identified in the lower devonian section of...

PTTEP NL to Acquire Interest in Canada Oil Sands
25 November 2010 PTTEP Netherland (PTTEP NL) will acquire a 40% interest in the Kai Kos Dehseh (KKD) oil sands project in Canada under an agreement with Statoil Canada and Statoil Canada Holdings. ...

Genesis Energy Acquires 50% Interest in Cameron Pipeline
25 November 2010 Genesis Energy has completed its acquisition of Valero Energy's indirect 50% equity interest in Cameron Highway Oil Pipeline Company for $330m. The acquisition, a joint venture that owns...

Flint Expands Presence into US Shale Gas Fields
24 November 2010 Flint Energy has acquired assets worth $36m including property and equipment in five locations in the US, with three in East Texas, one in Louisiana and one in Oklahoma. The acquisition...

Bangladesh to Double Gas Production by 2015
24 November 2010 Bangladesh Oil, Gas and Mineral Corporation Petrobangla will double its gas production by 2015 by extracting an additional 1.8 billion cubic feet per day. Petrobangla chairman Mohammad...

Energy XXI to Buy ExxonMobil Gulf of Mexico Assets
23 November 2010 Energy XXI is to acquire Gulf of Mexico shelf oil and natural gas interests from ExxonMobil under a $1.01bn purchase and sale agreement. The interests include nine fields located between...

NNPC to Modernise Nigeria's Biggest Refinery
23 November 2010 Nigerian National Petroleum Corporation (NNPC) is to upgrade and expand its Port Harcourt oil refinery. Port Harcourt is Nigeria's biggest refinery with a processing capacity of 210,000...

Williams Partners Expands Marcellus Shale Assets
22 November 2010 Williams Partners will acquire Cabot Oil & Gas Corporation's midstream assets in Susquehanna County, Pennsylvania, US, for $150m, which will increase its presence in the Marcellus Shale. ...

Osyka to Acquire Una West Oilfield
22 November 2010 Osyka has signed a letter of intent to acquire the Una West Field in Victoria County, Texas, US, from Viper SWD. The field has two working wells producing a combined 20 barrels of oil a day...

Denbury to Sell Encore Energy Interest
19 November 2010 Denbury Resources will sell its ownership interests in Encore Energy Partners (ENP) to Vanguard Natural Resources for $380m. Denbury's interest covers ownership of 100% of ENP's...

ExxonMobil to Pay for New York Oil Spill
19 November 2010 ExxonMobil will pay $25m as part of a settlement to clean up an oil spill in New York, US. The settlement requires ExxonMobil to conduct a comprehensive clean-up of its Greenpoint facility...

CNOOC to Buy Chesapeake's Eagle Ford Assets
18 November 2010 CNOOC will purchase a 33.3% undivided interest in Chesapeake Energy's 600,000 net oil and natural gas leasehold acres in the Eagle Ford Shale project in South Texas, US. Under the...

PAA to Acquire Bakken Oil Gathering and Transportation Assets
18 November 2010 Plains All American Pipeline (PAA) has signed an agreement with Nexen Holdings to buy entities holding Bakken crude oil gathering and transportation assets. The $210m deal includes $170m...

Repsol to Increase Peru Refinery Capacity
17 November 2010 Repsol is looking to increase the processing capacity of its 102,000bpd La Pampilla oil refinery to meet surging demand for petrol. The firm is considering an expansion to 213,000bpd in...

Oil Search Expands Papua New Guinea Portfolio
17 November 2010 Oil Search has agreed farm-in terms in four new exploration licences – PPL 276, PPL 338, PPL 339 and PPL 312 – in Papua New Guinea. PPL 276, located west of the Pandora and Pasca gas fields,...

KCA Deutag to Drill Shale Oil for Hess
16 November 2010 Hess Oil France has awarded a €6.5m ($8.8m) drilling contract to KCA Deutag. The contract comprises the drilling of six firm wells in the Paris Basin permits, with two further...

AMB-Hertel Wins Ruwais Refinery Expansion Contract
16 November 2010 AMB-Hertel has won an insulation and scaffolding contract from Samsung Engineering for the (Takreer) Ruwais refinery expansion project in Abu Dhabi, UAE. The $2.7bn, two-year contract...

Essar to Increase Indian Refinery Capacity
15 November 2010 Essar Oil will enhance the capacity of its refinery in Gujarat, India, by two million tonnes, bringing its total capacity to 20 million tonnes per year. Essar will increase the capacity...

GE, ZKMK to Produce Gas Turbine Production for Kazakhstan
15 November 2010 GE Oil & Gas and engineering and manufacturing company JSC ZKMK will form a technology transfer and licensing partnership to enable ZKMK to build GE-10 advanced technology gas turbines...

Total to Sell E&P Interest in Cameroon
12 November 2010 Total is to sell its 75.8% equity in its upstream affiliate Total E&P Cameroon to Perenco. At present, production from the mature fields operated by Total in Cameroon reaches 40,000 barrels...

Chevron to Acquire Atlas Energy
12 November 2010 Chevron will acquire Atlas Energy for $3.2bn and net debt of about $1.1bn, providing Chevron with an attractive natural gas resource position in southwestern Pennsylvania's Marcellus...

Cheniere to Sell Capacity to Morgan Stanley
11 November 2010 Morgan Stanley will acquire a 20% capacity share from Cheniere Energy Partners' proposed Sabine Pass LNG terminal in Louisiana, US. The terminal is expected to produces seven million...

East West Petroleum, Kuwait Energy to Collaborate
11 November 2010 Canada's East West Petroleum will use its unconventional oil and gas technology services on Kuwait Energy's concessions in the Middle East, North Africa and Eurasia regions under a new agreement. ...

Shell to Sell Woodside Petroleum Stake
10 November 2010 Shell subsidiary Shell Energy Holdings Australia (SEHAL) will sell 29.18% of its interest in Woodside Petroleum. The sale will include 78.34 million shares in Woodside and 10% of...

US Signs Shale Gas MoU with India
10 November 2010 The US has signed a memorandum of understanding (MoU) with India for cooperation in sourcing shale gas in the country. "The MoU will help India identify shale gas resource in the country...

Apache Closes Acquisition of BP Assets
09 November 2010 Apache has completed its $650m acquisition of BP's oil and gas operations in Egypt's Western Desert. The acquisition includes four development leases and one exploration concession...

Murphy to Hold Interest in New Kurdistan Acreage
09 November 2010 Murphy Central Dohuk Oil, a Murphy Oil subsidiary, has finalised an agreement with the Kurdistan Regional Government to acquire an interest in the Central Dohuk block. Murphy will operate...

Statoil Applies for Barents Sea, Norwegian Sea Licences
08 November 2010 Statoil has applied for new production licences in the Barents Sea and the Norwegian Sea in the 21st licensing round on the Norwegian Continental Shelf (NCS). A total of 51 blocks were...

Oceaneering to Supply Umbilicals for BC-10 Phase II
08 November 2010 Oceaneering International will supply umbilicals for the development of BC-10 Phase II in the Campos Basin, offshore Brazil, to the BC-10 Consortium, which is operated by Shell. The...

San Leon Expands Polish Shale Gas Conscession
05 November 2010 San Leon subsidiary Oculis Energy has expanded a concession for oil and gas reconnaissance and exploration, as well as its mining usufruct agreement, after submitting an application to the...

Sinopec to Increase Oil Refining Volume
05 November 2010 China Petroleum & Chemical Corp (Sinopec) will increase its daily oil processing to 583,000ta day, up 10% on the previous year and exceeding the October record by 5,900t a day. ...

Copano to Provide Fractionation Services to GeoSouthern
04 November 2010 Copano Energy will provide gathering, compression, processing and fractionation services to GeoSouthern Energy for its Eagle Ford Shale production from DeWitt County in Texas, US. Copano...

RAM Energy Sells North Texas Gas Assets
04 November 2010 RAM Energy Resources has divested its North Texas Barnett Shale and Boonsville properties to a private E&P company for $43.75m. The assets include RAM's interest in its shallow gas...

Americas Petrogas to Explore Argentine Shale Gas Block
03 November 2010 Americas Petrogas has signed an agreement with Apache Energia Argentina to explore the Huacalera block in the western region of Argentina's Neuquen Basin. The block contains conventional gas...

Geo Point Technologies Acquires Kazakh Refinery
03 November 2010 Geo Point Technologies has bought GSM Oil Holdings, a limited liability company in Cyprus, through a share exchange agreement. GSM recently acquired Sinur Oil, a limited liability...

BG Group Approves Queensland LNG project
02 November 2010 BG Group has approved the first phase of the Queensland Curtis Liquefied Natural Gas (QCLNG) project following Australian Federal and State Government environmental approvals. Phase I covers...

Terraseis Wins Lukoil 3D Sesmic Contract
02 November 2010 Russia's Lukoil has awarded Terraseis a 3D seismic contract for Iraq's West Qurna Phase 2 oilfield. Terraseis has performed seismic exploration in Iraq since 2005 and possesses...

Max Petroleum Drills Well in Kazakh Block
01 November 2010 Max Petroleum has drilled the UTS-1 exploration well on the Uytas prospect in block A in Kazakhstan to a total depth of 827m. The well data indicates potential pay zones in the well,...

Iran to Offer Bonds for South Pars Gas Field Development
01 November 2010 Iran will offer bonds worth a total of IRR238.9tn ($2.3bn) to the public to fund the phase II development of the South Pars gas field. Iran and Qatar are jointly developing the South Pars...

October 2010

Top

GeoPetro Spuds New Well
29 October 2010 GeoPetro Resources has successfully began drilling operations at the Lea 1 exploration well in the Cook Inlet of Alaska. The prospect was identified by GeoPetro after the firm reprocessed...

Petroamerica to Buy Interests in Llanos Basin Blocks
29 October 2010 Petroamerica Oil will acquire participating interests in four exploration blocks in the Llanos Basin of Colombia from Talisman Oil & Gas. Petroamerica will pay $18m to Talisman and...

Valero to Sell Cameron Highway Oil Pipeline Stake to Genesis
28 October 2010 Valero Energy will sell its 50% indirect equity interest in the Cameron Highway Oil Pipeline to Genesis Energy for $330m. The firm has owned its interest in Cameron Highway since the Gulf...

Berry Petroleum to Buy Wolfberry Oil Assets
28 October 2010 Berry Petroleum has signed agreements with a group of sellers to acquire their interests in properties on 9,300 net acres in the Wolfberry trend in West Texas, US, for a total value of...

PG&E to Upgrade Natural Gas Pipeline Network
27 October 2010 US-based Pacific Gas and Electric Company (PG&E) is assessing its transmission pipeline system and considering an upgrade of several hundred gas valves in case of an accidental gas...

Ausmon, Sakhalin to Build Refinery Project
27 October 2010 Ausmon Resources will collaborate with the Sakhalin Region of the Russian Federation to invest in the development of an oil refinery. Ausmon selected JSC Sakhalin Oil Refinery to build...

Gulfsands Hits Oil at Khurbet East-18 Well
26 October 2010 Gulfsands Petroleum has struck oil reservoirs in the Khurbet East-18 (KHE-18) vertical delineation well, 12m higher than expected. The top of the Cretaceous reservoir is at a 1,926m...

Santos to Supply Gas to GLNG
26 October 2010 Santos will supply 750 petajoules of gas from its eastern Australian gas portfolio to the GLNG project. The existing uncontracted Cooper Basin 2P reserves will be the primary supply...

CNOOC to Build New LNG Terminal
25 October 2010 China National Offshore Oil Corporation has begun building its fourth liquefied natural gas terminal in the Chinese city of Zhuhai to meet increasing demand. The terminal will receive...

GLNG Project Gets Environmental Approval
25 October 2010 The GLNG project has received environmental approval from Australia's federal government. The project is a joint venture between gas producer Santos and LNG firms Petronas and Total. ...

Marathon Gains Acreage in Iraqi Exploration Blocks
22 October 2010 Marathon Oil has acquired a position in four exploration blocks in the Kurdistan Region of Iraq. The firm signed production sharing contracts for operatorship and an 80% ownership in...

Novatek Arctic Gas Explosion Kills One, Injures 12
22 October 2010 A valve has exploded at a Novatek gas processing plant in Russia's Arctic Yamal-Nenets region, leaving one worker dead and 12 injured. The operations building was destroyed in the...

Foster Wheeler to Service Egyptian Petrochemical Unit
21 October 2010 Foster Wheeler will provide project management consultancy (PMC) services to Carbon Holdings for a petrochemical complex in Ain Sokhna, Egypt. The petrochemical unit has a capacity to...

Eagle Rock Starts Up Phoenix Plant
21 October 2010 Eagle Rock has begun commercial operations at the recently installed Phoenix processing plant in the Texas Panhandle, US. The firm also completed the acquisition of natural gas gathering...

Lake Oil, PetroChina to Study Australian Tight Gas
20 October 2010 Lakes Oil and PetroChina Company's subsidiary Research Institute of Petroleum Exploration and Development-Northwest (RIPED) have entered into a research agreement to study the development of...

Energy Transfer to Construct Texas Natural Gas Pipelines
20 October 2010 Energy Transfer Partners has entered into multiple long-term agreements with shippers to provide transportation services from Eagle Ford Shale in South Texas, US. The company will construct...

Iran Oil Production Unaffected by Sanctions
19 October 2010 Iran may increase its oil reserves and its hydrocarbons sector is not affected by international sanctions, according to the country's oil minister. Iran's Oil Minister Masoud Mirkazemi said...

Turkmenistan to Receive $4bn Foreign Energy Investment
19 October 2010 Turkmenistan expects to attract over $4bn in foreign energy investments this year, according to a government official. Turkmenistan's state agency for hydrocarbon resources representative...

Apache Completes BP Canada Asset Acquisition
18 October 2010 Apache Canada, a subsidiary of Apache Corporation, has completed its acquisition of all of BP's upstream natural gas assets in western Alberta and British Columbia, Canada. The assets have...

Poland Shortens Russian Natural Gas Contract
18 October 2010 Poland will not extend its contract to increase imports of natural gas from Russia until 2037. Both countries had agreed to increase annual gas deliveries from Russia by an average of...

Petrofac Wins UAE Gas Plant Deal
15 October 2010 The Sharjah Government, UAE, has awarded Petrofac a contract to take over the operations and facilities management of the Sajaa Gas Plant and its associated assets. Petrofac won the...

Gulf Coast Fractionators to Expand Liquids Facility
15 October 2010 Gulf Coast Fractionators is planning to expand the natural gas liquids fractionation capacity of its Mont Belvieu facility in Texas, US. The capacity will be expanded to 145,000 barrels per...

Qatargas to Supply LNG to Repsol
14 October 2010 Qatargas has signed an agreement with Repsol Energy Canada to supply liquefied natural gas (LNG). The agreement involves Q-Max deliveries from the Qatargas 3 project and the LNG will...

Iraq to Hold Gas Field Auction
14 October 2010 Iraq's Oil ministry will initiate its third energy auction to develop three gas fields on 20 October 2010. The fields will meet the country's growing need for natural gas to feed upcoming...

Petrobras Finds Natural Gas in Peru
13 October 2010 Petrobras has confirmed a new natural gas discovery in Peru. The discovery is the outcome of drilling conducted at its exploratory well Picha 2X at a depth of 4,400m and is the second...

CNOOC to Acquire Interest in Eagle Ford Shale Project
13 October 2010 CNOOC has signed an agreement with Chesapeake Energy Corporation to acquire a 33.3% stake in Chesapeake's 600,000 net oil and natural gas leasehold acres in the Eagle Ford Shale project...

GDF Signs Gas Supply Deal with CNOOC
12 October 2010 China National Offshore Oil Company subsidiary CNOOC Gas and Power Group has signed an agreement with GDF Suez SA to buy 2.6 million tonnes of liquefied natural gas (LNG). Under the...

Lebanon to Offer Bids for First LNG Pipeline
12 October 2010 Lebanon will offer bids next month to build its first liquified natural gas (LNG) pipeline. The project is part of the country's plan to link power stations along the coast, aiming to revamp...

ArcLight to Acquire Stake in OGE Energy Midstream Assets
11 October 2010 ArcLight Capital Partners will acquire a 9.9% equity stake in Enogex, an OGE Energy Resources midstream natural gas pipeline subsidiary. The $183m transaction will enable ArcLight to...

Plains to Acquire More Eagle Ford Assets
11 October 2010 Plains Exploration & Production Company (PXP) will acquire interests in about 60,000 net acres in the Eagle Ford oil and gas condensate windows in South Texas for $578m. The Eagle...

Anschutz to Sell-off Appalachian Oil and Gas Assets
08 October 2010 Anschutz Exploration Corporation (AEC) will sell-off the Appalachian portion of its oil and gas properties to an undisclosed buyer. The assets include producing oil and gas properties and...

Essar Energy Looks for Overseas Facilities
08 October 2010 Indian refiner Essar Energy may acquire storage facilities or an overseas refinery to support its fuel exports. The capacity addition at its Indian refinery Vadinar will enable it produce...

GE Oil & Gas, Allied Wireline to Partner for Wireline Logging
07 October 2010 GE Oil & Gas and Allied Wireline Services have signed a long-term partnership agreement to serve the global wireline logging industry. According to the agreement, Allied will buy a range...

Eagle Rock to Acquire Texas Complementary Gathering System
07 October 2010 Eagle Rock Energy Partners will acquire natural gas gathering systems in the counties of Wheeler and Hemphill, Texas, US, from Centerpoint Energy Field Services. The assets, in the...

Antero Resources to Sell Oklahoma Midstream Assets
06 October 2010 Antero Resources will sell its midstream assets in the Woodford Shale area of the Arkoma Basin of Oklahoma, US, to affiliates of Cardinal Midstream for $268m. Under the agreements Antero...

Chesapeake Energy Sells Barnett Shale Assets
06 October 2010 Chesapeake Energy has sold its producing assets in the Barnett Shale to an affiliate of Barclays Bank for $41.15bn. The assets include a five-year volumetric production payment (VPP) of...

Quad Energy to Acquire Luxur Resources
05 October 2010 Quad Energy will acquire a 50% working interest in Luxur Resources as part of a new deal. The working interest covers a total of 11,360 acres of long-term gas production in the...

Iraq's Proven Oil Reserves Rise
05 October 2010 Iraq has announced an increase in the official size of its proven oil reserves estimated at 143.1 billion barrels of oil from 115 billion barrels. Iraqi Oil Minister Hussein al-Shahristani...

GDF Suez to Supply LNG to Kogas
04 October 2010 GDF Suez has signed an agreement with South Korea's Kogas to deliver 41 cargoes of LNG to the firm. Under the medium-term agreement GDF will deliver a total volume of 2.5 million tonnes of LNG....

TAG Finds Light Oil in Taranaki Basin
04 October 2010 TAG Oil has made a new oil discovery in New Zealand's Taranaki Basin with the Sidewinder-1 exploration well in its Broadside exploration permit PEP 38748. The Sidewinder-1 well was drilled to...

Enbridge to Expand Canadian Oil Terminal
01 October 2010 Enbridge will expand the tankage of its mainline terminal at Edmonton, Alberta, Canada, by one million barrels, which is expected to cost about $260m. The expansion will enable the firm...

PBF to Acquire Valero's Paulsboro Refinery
01 October 2010 PBF Holding Company will acquire Valero Energy's refinery in Paulsboro, New Jersey, US, a connecting pipeline and related assets for $180m. Paulsboro is a high conversion, heavy crude...

September 2010

Top

Petroplus to Exit PBF Energy
30 September 2010 Petroplus Holdings, Blackstone Group and First Reserve will sell off Petroplus' 33% share of their joint venture PBF Energy. Petroplus chairman of the board of directors Thomas O'Malley...

Interoil, Energy World to Build LNG Plant
30 September 2010 InterOil, Liquid Niugini Gas and Pacific LNG Operations have signed an agreement with Energy World Corporation to build a liquefied natural gas (LNG) plant in Papua New Guinea. The...

OGX Completes Well Test in Campos Basin
29 September 2010 OGX has completed a well test at the Inga prospect in the shallow waters of the Campos Basin. The Cased Hole Drillstem Test in the 1OGX18RJS well, located in the BMC40 block, confirms...

Leni Spuds Oil in Spanish Well
29 September 2010 Leni Gas & Oil has encountered oil in the Hontomin-2 well in northern onshore Spain at 1,350m with oil flowing to the surface. The Hontomin extended well test programme aims to appraise...

Kulczyk Oil Spuds Brunei Exploration Well
28 September 2010 Kulczyk Oil Ventures has begun drilling the Markisa-1 well on block M in Brunei Darussalam. Markisa-1 is the second well to be drilled on block M during 2010 by Kulczyk Oil and its joint...

KNOC Acquires Majority Stake in Dana
28 September 2010 Korea National Oil Corporation (KNOC) has won control over Dana Petroleum in a £1.87bn ($2.9bn) hostile takeover. KNOC acquired control of 64.26% of Dana's stock with its 1,800...

ONGC Makes Indian Gas Discoveries
27 September 2010 India's Oil and Natural Gas Corporation (ONGC) has made two natural gas discoveries in the nominated PEL blocks in India. The first discovery is in the KG basin where a well was drilled to...

Enterprise to Supply Midstream Services to Andarko
27 September 2010 Enterprise Products Partners will supply natural gas services to Anadarko Petroleum for its natural gas production in Eagle Ford Shale, Texas, US. Enterprise will provide a comprehensive...

Excelerate Energy to Develop Argentinean LNG Terminal
24 September 2010 Excelerate Energy will develop a second liquefied natural gas (LNG) importation facility in partnership with a consortium of ENARSA and YPF in Escobar near Buenos Aires, Argentina. The...

Romania Extends Regal's Barlad Petroleum Licence
24 September 2010 The Romanian Government has extended Regal's licence for petroleum exploration, development and production in Barlad block EV-2 in north-east Romania for another two and a half years. ...

Russia, China to Build Oil Refinery
23 September 2010 OAO Rosneft, Russia's largest oil producer, and China National Petroleum will jointly build a $5bn refinery in China. A feasibility study for the refinery in Tianjin is expected to be ready...

Chubu Electric to Buy Indonesian LNG
23 September 2010 Japanese utility Chubu Electric Power will buy liquefied natural gas (LNG) from the Donggi-Senoro project in Sulawesi, Indonesia. Chubu intends to buy one million tonnes per year of LNG for...

Lukoil Issues Tenders for Iraq Oilfield
22 September 2010 Lukoil and its partners have issued four new tenders for construction and energy projects at Iraq's West Qurna Phase Two oilfield. The tenders are for the construction of an oil export...

Devon to Begin Third Phase of Jackfish Oil Sands Project
22 September 2010 Devon Energy will move forward with third development project on its Jackfish oil sands leases in Alberta following approvals from the firm's board. Devon plans to start work on facilities...

Miranda Gold, Ramelius to Work on Nevada Project
22 September 2010 Miranda Gold has signed an agreement to form a joint venture with Ramelius Resources for its Angel Wing project in Nevada, US. Under the terms of agreement Ramelius will initially fund $4m...

Iraq, Turkey Extend Oil Pipeline Deal
21 September 2010 Iraq and Turkey have signed an agreement to extend the operation of an oil pipeline that transports a major portion of Iraq's crude exports. The 970km Kirkuk-Ceyhan pipeline carries oil...

Gran Tierra to Expand Peru Operations
21 September 2010 Gran Tierra Energy will farm into three blocks operated by Burlington Resources Peru, a subsidiary of ConocoPhillips. Under the agreement Gran Tierra will acquire a 20% working interest...

GeoGlobal and Petro Caribbean to Jointly Explore Columbia
20 September 2010 GeoGlobal Resources said it has signed an agreement with Petro Caribbean Resources for jointly conducting oil and natural gas exploration and development activities in Colombia. The...

Tag Oil Acquires Onshore Discoveries in New Zealand
20 September 2010 Tag Oil has announced that it has acquired a petroleum mining permit, containing the Cardiff gas and condensate discoveries located in the Taranaki Basin, New Zealand. The Cardiff structure is...

Geopark Drills Oil Well in Chile
17 September 2010 GeoPark Holdings has successfully drilled and tested a new well in the Guanaco oil field on the Fell block in Chile. The firm drilled and completed the Guanaco 4 well to a total depth of...

Siemens to Supply Components for Chinese Gas Pipeline Projects
17 September 2010 Siemens will supply components for the Shanjing III Yangqu station in Shanxi province and the gas pipeline project Jining in East China for the China National Petroleum Corporation (CNPC). ...

Tap Oil Encounters Gas in Marwar-1 Oil Well
16 September 2010 Tap Oil has announced that gas has been encountered in Marwar-1 well in Block M, onshore Brunei Darussalam. The firm drilled the Mawar-1 well to its total depth of 1,292m and completed...

Athabasca to Acquire Excelsior Energy
16 September 2010 Athabasca Oil Sands (AOSC) will buy oil sands company Excelsior Energy for $144m. AOSC will acquire concentrated, high-quality oil sands leases at Hangingstone and West Surmont, and...

Willbros Awarded CB&I EPC Contract
15 September 2010 Willbros Group will provide engineering, procurement and construction (EPC) for 45 miles of export pipelines for a new gas processing plant to be owned and operated by Occidental of Elk...

Providence Starts Drilling at Singleton
15 September 2010 Providence Resources has started drilling operations as part of its 2010 drilling programme at the Singleton oilfield in UK. The Singleton field in the Weald Basin produces 800boepd from...

Carrizo, Reliance Close Marcellus Shale Joint Venture
14 September 2010 Carrizo Oil & Gas and Reliance Industries have closed a previously announced joint venture transaction in the Marcellus Shale. Under the transaction Reliance acquired a 20% interest...

Murphy Oil Acquires New Canadian Acreage
14 September 2010 Murphy Oil has entered into an agreement with Kainaiwa Resources to acquire 202 sections of prospective oil and gas properties within the Blood Tribe Reserve in southern Alberta, Canada. ...

Target Energy to Drill East Chalkley Field
13 September 2010 Target Energy plans to start drilling the Pine Pasture #3 development well at its East Chalkley oilfield in Cameron Parish, Louisiana, US. The firm will drill up to a total depth of...

Tethys, UNG to Study Uzbekistan Hydrocarbon Recovery
13 September 2010 Tethys and UNG have signed a deal to conduct joint studies to improve hydrocarbon recovery on long-term production fields in Uzbekistan. The contract will have a similar contractual...

Enbridge to Serve Sunrise Oil Sands Project
10 September 2010 Enbridge has won a contract worth $475m to provide pipeline and terminal services for the proposed Sunrise Oil Sands Project to be operated by Husky. Enbridge will build a new...

Inergy to Acquire Texan Natural Gas Storage Facility
10 September 2010 Inergy is to acquire Tres Palacios Gas Storage, which owns the Tres Palacios natural gas storage facility, for $725m in Texas, US. The facility is a salt dome natural gas storage unit with...

Central Petroleum Finds Oil at Johnstone West-1
09 September 2010 Central Petroleum has found significant oil shows in the Johnstone West-1 well (JW-1) in Australia. The firm also recorded oil shows from the interpreted Ordovician Larapinta Group over a...

Azerbaijan to Increase Natural Gas Supply to Russia
09 September 2010 The State Oil Company of Azerbaijan Republic (SOCAR) will increase the volume of natural gas that it supplies to Russia under a new addition to an existing contract with Gazprom. The two...

Halliburton to Service Eni Iraq field
08 September 2010 Eni has awarded Halliburton a contract to redevelop the Zubair field in southern Iraq. The firm will perform services such as wire-line logging, perforating, acidising and well testing on...

Petrom Sells Russian Exploration Assets
08 September 2010 Petrom has sold its 74.9% stake in Ring Oil to its minority partner Mineral and Bio Oil Fuels. Petrom executive board member Johann Pleininger said that the company decided to divest...

Takreer Awards Pipeline Project to GS Engineering
07 September 2010 Abu Dhabi Oil Refining Company (Takreer) has awarded a $623m contract to GS Engineering & Construction for an inter-refinery pipeline project. The pipeline network will connect...

Husky Energy Acquires Canadian Natural Gas Assets
07 September 2010 Husky Energy will acquire natural gas properties in west central Alberta, Canada, to increase its production and reserves to extend use of its Ram River Gas Plant. The acquisition will add...

Tullow Acquires Interest in African Oil Blocks
06 September 2010 Tullow Oil has acquired a 50% operated interest in six adjacent licences covering the East African Rift Basins of Kenya and Ethiopia, an area of 97,000km². In an agreement with...

Enterprise to Provide Midstream Services to EOG
06 September 2010 Enterprise Products Partners will provide midstream energy services for EOG's growing crude oil and associated liquids-rich natural gas production in Eagle Ford Shale in South Texas, US. As...

BP to Sell Malaysian Business to Petronas
03 September 2010 BP plans to sell its ethylene and polyethylene production interests in Malaysia to Petronas for $63m. BP holds a 15% interest in Ethylene Malaysia (EMSB) and a 60% interest...

Thunderbird to Farm Out Wyoming Oil Acreage
03 September 2010 Thunderbird Energy will farm out roughly 50% of its Wyoming oil project acreage in Weston County to Ascent Exploration. The project is located in a prolific oil and gas-producing area of...

Hardy Announces Fourth India Gas Discovery
02 September 2010 Hardy Oil and Gas has made its fourth successive gas discovery in the exploration block KG-DWN-2003 / 1 (D3) of NELP-V in the Krishna-Godavari basin, India. The fourth exploration well in...

Santos, Apache to Develop Halyard Gas Supplies
02 September 2010 Santos and Apache Energy are to provide new gas supplies for the Western Australian domestic market by developing and producing gas from the Halyard field. The two firms will complete and...

Russia Opens ESPO Pipeline Section
01 September 2010 Russia has opened its section of the Eastern Siberia-Pacific Ocean (ESPO) oil pipeline, which will boost oil exports to China from East Siberia. Russian Prime Minister Vladimir Putin said...

Gran Tierra to Acquire Interests in Brazil
01 September 2010 Gran Tierra Energy will receive a 70% working interest in blocks REC-T-129, 142, 155 and 224 in the onshore Reconcavo Basin, Brazil, under an agreement with Alvorada Petroleo. Gran...

August 2010

Top

KBR Wins Iraq Maissan Refinery Deal
31 August 2010 KBR has won two contracts from the Iraqi Ministry of Oil through the South Refineries Company for the country's Maissan Refinery. KBR will provide licensing and basic engineering services...

Kulczyk Begins Drilling Brunei Exploration Well
31 August 2010 Kulczyk Oil Ventures has started drilling the Mawar-1 well in block M in Brunei Darussalam. Mawar-1, the first well to be drilled in block M since 1988, has an initial target depth of...

Shell to Sell Heide Refinery to Klesch
27 August 2010 Shell is to sell its Heide refinery and associated chemicals, bitumen and distribution infrastructure in Germany to Klesch & Company. The refinery has a processing capacity of...

Enbridge to Expand Bakken Pipeline Capacity
27 August 2010 Enbridge plans to raise the capacity of its Bakken crude oil pipeline by 145,000 barrels a day with an investment of about $550m to deal with the oil-rich formation's growing production. ...

Peru to Limit LNG for Export
26 August 2010 Peru has signed a decree to earmark all natural gas from block 88 in the Camisea field for domestic use. The decree authorises the Peruvian Government to negotiate with the...

Peak Takes Sun Resources Interest in Thai Block
26 August 2010 Sun Resources has signed an agreement to subcontract a 20% working interest in block L20 / 50 in Thailand to Peak Oil & Gas. Peak will carry up to $3.43m of Sun Resources' share of...

Regal Drills Romanian Exploration Well
25 August 2010 Regal Petroleum has begun drilling the E-1 Sagna exploration well in its Barlad concession in Romania. E-1 Sagna is being drilled on the basis of an expanded network of 2D seismic profiles...

Rasgas Delivers First LNG to Portugal
25 August 2010 Qatar's Ras Laffan Liquefied Natural Gas has delivered its first cargo of LNG to Portugal. The cargo was delivered to Galp Energia SGPS at the Sines LNG terminal onboard Al Deebel, according...

Fenno Caledonian to Explore Block in Sudan
24 August 2010 Sudan has signed a $30m deal with Fenno Caledonian to explore block 10 in the north-east of the country for possible gas or crude oil. The Finnish firm will invest an initial $30m in...

Baird Gas Project Gets Approval
24 August 2010 The Baird Gas Storage Project, a joint venture between Centrica Storage and Perenco UK, has been granted onshore planning permission by North Norfolk District Council. The project, which...

AMEC to Expand EDF Gas Storage Facility
23 August 2010 AMEC will extend a gas storage facility for EDF Energy in Cheshire, UK, worth over £60m ($93.5m). For the Hill Top Farm facility AMEC will design, install and commission the filtration...

Cairn India to Sell Stake to Vedanta
23 August 2010 Cairn Energy has announced plans to sell off a 51% stake in its India business, Cairn India, to Vedanta for around $8.5bn. Cairn India, which discovers, develops and produces oil and...

CNPC to Store Gas in Tianjin Field
20 August 2010 China National Petroleum Corporation (CNPC) has approved a drilling plan for its gas storage station in the Tianjin Dagang Oil Field. The station, with a storage capacity of two billion...

Wood Group Business to Expand Ecopetrol's Pipeline Capacity
20 August 2010 Wood Group company Mustang will provide pipeline engineering and related services to Ecopetrol to optimise Colombia's oil and gas production capacity and safety. Initially, the firm will...

Saibu Gas Gets First Sakhalin II LNG Delivery
19 August 2010 Japan's Saibu Gas has received its first delivery of liquefied natural gas (LNG) from Russia's Sakhalin II export project. LNG carrier Sun Arrows, which was loaded with 8,500t of LNG,...

Kulczyk Oil Spuds Ukraine Exploration Well
19 August 2010 Kulczyk Oil Ventures has started drilling the M-19 well in Ukraine, the first to be drilled since its acquisition of a 70% interest in KUB-Gas in June 2010. The M-19 well, which is...

Nigerian State, NNPC Plan New Oil Refinery
18 August 2010 Nigeria's southern state of Imo and national oil company NNPC are planning to build a new oil refinery in the area. The Imo state government is to go into a strategic partnership with NNPC...

RAK Petroleum to Farm-out Oman Block to Repsol
18 August 2010 RAK Petroleum will farm-out a 50% interest in Block 47 onshore Oman to Repsol Exploracion, subject to Government approval. The two firms will drill the Zad prospect and spud a well in...

Expro Wins Algerian Well Test Deal
17 August 2010 Expro has won a well-testing contract in south-west Algeria from an undisclosed customer. The contract will see Expro provide specialist well-testing services and equipment on up to nine...

Noble Energy Sells Non-Core US Assets
17 August 2010 Noble Energy has announced the completion of the sale of some of its Mid-Continent and Illinois basin assets. The firm sold its onshore assets for $552m to Citation Oil & Gas. ...

Iberdrola to Deliver LNG to Dong Energy
16 August 2010 Iberdrola will deliver LNG equivalent to about one billion cubic metres of natural gas per year to renewables energy specialist Dong Energy under a new agreement. Iberdrola will supply LNG...

Apache Acquires BP's Permian Basin Assets
16 August 2010 Apache Corporation has completed the acquisition of BP's oil and gas operations, acreage and infrastructure in the Permian Basin of West Texas and New Mexico for $3.1bn. Apache has acquired...

ERC to Develop Cairo Refinery
13 August 2010 The Egyptian Refining Company (ERC) has signed a debt package of $2.6bn to finance the development of its $3.7bn second-stage oil refinery in the Greater Cairo area. Once complete, the...

Eni USA to Receive LNG Services from Barclays Capital
13 August 2010 Eni USA Gas Marketing and Barclays Capital have entered into a multi-year LNG supply, marketing and optimisation arrangement. Eni USA has significant capacity and storage rights at the...

Circle Oil Tests Al Amir Well for Production
12 August 2010 Circle Oil has successfully tested the Al Amir 1-ST2 well, originally drilled in 2008, for production. The Egyptian well's initial flow rate was 278bopd on a 128 / 6in choke. The...

Eni Sells Padana Energia to Gas Plus
11 August 2010 Eni has signed an agreement with Gas Plus to sell its 100% stake of Padana Energia for €175m to optimise its operating efficiencies in Italy. Padana Energia holds exploration...

Nabors to Buy Superior Well Services
11 August 2010 Nabors Industries will purchase Superior Well Services for $900m, which includes $735.6m in cash and the remaining covering assumed debt. Bermuda-based Nabors Industries plans to purchase...

Kuwait to Export Gas Oil to Egypt
10 August 2010 Kuwait Petroleum Corporation (KPC) will export gas oil to Egypt for a period of three years, the company announced. Abdulatif Al-Houti, KPC's managing director for international...

Sudan Signs Oil Exploration Deal with European Firms
10 August 2010 Sudan has signed a new onshore exploration deal for the 50,000km² block E with two European firms. Star Petroleum, based in Luxembourg, holds a 75% share in the block along...

Thai Oil Considers Refinery Expansion
09 August 2010 Thai Oil is studying a refining capacity expansion worth about $300m, according to CEO Surong Bulakul. The oil-refining arm of the energy firm plans to seek approval from its board for...

Reliance, Carrizo Enter Joint Venture
09 August 2010 Reliance Industries has signed definitive transaction agreements to enter into a Marcellus Shale joint venture with Carrizo Oil & Gas. Under the contract Reliance will acquire a...

Magnolia Petroleum Announces Drilling of North Dakota Wells
06 August 2010 Magnolia Petroleum has announced that all five wells located in North Dakota have successfully been drilled and completed by Marathon. The wells were recently farmed out to Hangtown...

Foster Wheeler Gets Uruguay's First LNG Receiving Terminal Contract
06 August 2010 Foster Wheeler has won an engineering contract for a new LNG receiving terminal in Montevideo, Uruguay from state-owned oil company, Administración Nacional de Combustibles, Alcohol y...

Beach Energy to Expand Presence in Egypt
05 August 2010 Beach Energy will acquire a stake in two highly prospective Egyptian onshore concessions, which will give it exposure to new oil exploration opportunities. Beach will gain a 22% stake in the...

Ecopetrol, Talisman to Buy BP's Colombian Oil and Gas Assets
05 August 2010 A consortium of Ecopetrol and Talisman will buy BP's oil and gas exploration, production and transportation business in Colombia for $1.9bn. The firms will pay BP for 100% of the shares in...

Delta Sells Oil and Gas Assets to Wapiti
04 August 2010 Delta Petroleum has completed the sale of its oil and gas exploration and development assets to Wapiti Oil and Gas for $130m. The non-core assets sold include Delta's 31% working interest in...

Chesapeake Energy Raises Production Outlook
04 August 2010 Chesapeake Energy has predicted natural gas production to rise 13% this year, up from its May forecast of 10%. The firm expects production to rise 18% in 2011, the high end of its...

Seplat Buys Nigerian Oil Mining Licences
03 August 2010 French company Seplat Petroleum Development Company has acquired a 45% stake in oil mining licences (OMLs) in Nigeria from Shell, Total and Agip. The firm is expecting a global production...

Enbridge to Acquire Atlas Elk IT System
03 August 2010 US-based Enbridge Energy Partners will acquire the Elk City gathering and processing system (ECOP) from Atlas Pipeline Partners for $682m. The ECOP comprises 800 miles of natural...

Samson to Sell Stake in Goshen County Project
02 August 2010 Samson Oil and Gas has signed an agreement with an undisclosed US partner to sell 24,166 acres of its 40,240-acre holdings in Goshen County in Wyoming, US, for up to $79m. The Goshen...

July 2010

Top

Petrofac to Build Kuwait Oil Pipeline
30 July 2010 Petrofac will build fuel gas and gas oil pipelines for Kuwait Oil Company under a KD116.39m ($400m) contract. The project, which will take almost two years to complete, will include...

Hess to Acquire American Oil & Gas
30 July 2010 Hess will acquire American Oil & Gas in an all-stock deal worth $450m to increase its holdings in the oilfields of North Dakota, US. The purchase will boost Hess' strategic acreage...

Oneok to Expand Sterling NGL Pipeline
29 July 2010 Oneok Partners plans to install seven additional pump stations for about $36m along its Sterling I natural gas liquids (NGL) distribution pipeline. The additions will increase its capacity...

KMG Increases Oil Output
29 July 2010 KazMunaiGas Exploration Production (KMG) increased its crude oil output by 11% year-on-year during the first half of 2010 after acquiring a stake in oil firm PetroKazakhstan. KMG...

Tullow Acquires Heritage Ugandan Assets
28 July 2010 Tullow Uganda has completed a $1.35bn acquisition of a 50% interest in blocks owned by Heritage Oil & Gas in Uganda. All assets were transferred to the firm following government...

Murphy Oil to Sell Refineries
28 July 2010 Murphy Oil's board of directors has approved plans to sell its US and UK refining businesses. The three refineries up for sale are at Superior, Wisconsin, Meraux, Louisiana, and Milford...

Delta Petroleum to Sell Assets
27 July 2010 US-based Delta Petroleum will sell some of its non-core assets to Wapiti Oil & Gas for $130m, under a new agreement. The sale will include Delta's 31% working interest in the...

Iran Unveils New Cross Country Gas Pipeline
27 July 2010 Iran's seventh cross country gas pipeline for the Iran-Pakistan-India (IPI) gas pipeline project is now in operation. The 902km pipeline is the first phase of the proposed IPI gas...

FERC Approves Pascagoula Expansion Project
26 July 2010 US-based Federal Energy Regulatory Commission has approved a proposal to connect Florida Gas Transmission Company (FGTC) and Transco natural gas pipeline systems with the new Gulf LNG Clean...

ConcocoPhillips Scraps Wilhelmshaven Refinery Upgrade
26 July 2010 ConocoPhillips has cancelled plans to upgrade the Wilhelmshaven refinery in Germany. The refinery, which is situated in northwest Germany, has a capacity of 15.1 million tonnes of crude feed...

Copano Energy Raises Funds for US Expansion
23 July 2010 Copano Energy has issued $300m of convertible preferred equity to an affiliate of TPG Capital, a leading global private investment firm to fund its expansion plans. Copano plans to use...

Elliott to Provide Compressors for Habshan 5 Plant
23 July 2010 Elliott Group will supply compressor trains for the Habshan 5 process plant, part of Abu Dhabi Gas Industries' integrated gas development project in Ruwais, Abu Dhabi, UAE. The contract for...

BP to Sell Upstream Assets to Apache
22 July 2010 BP plans to sell its upstream assets in Canada, Egypt and the US to Apache Corporation in several contracts totalling $7bn. The deals comprise BP's Permian Basin assets in Texas and...

Chevron, Kogas Sign Wheatstone LNG Deal
22 July 2010 Chevron is to deliver liquefied natural gas (LNG) to Korea Gas Corporation (Kogas) from its Wheatstone natural gas project in Australia under a new agreement. According to the Heads of...

Foster Wheeler to Service Norway's Kårstø Project
21 July 2010 Foster Wheeler will provide front-end engineering design (FEED) services to support the development of the Kårstø oil and gas processing plant in Norway through to 2013. The...

Occidental, Pertamina Mull Sonangol's Iraqi Oilfields
21 July 2010 Occidental Petroleum and Pertamina are contemplating taking stakes in Sonangol's two Iraqi oilfield projects. Sonongal is looking for international partners to help develop the fields. J...

Qatargas Delivers First Q-Max LNG to Japan
20 July 2010 Qatargas has delivered its first Q-Max cargo of liquefied natural gas (LNG) to Chubu Electric's Chita Terminal in Japan. The firm deployed one of its Q-Max LNG carriers, Mozah, for the...

Kuwait Petroleum to Invest in Java Refinery
20 July 2010 Kuwait Petroleum (KPC) will invest $8bn-$9bn on a new 300,000bpd oil refinery on Indonesia's Java island. Indonesian Industry Minister MS Hidayat told Reuters that KPC and Indonesia's...

Spectra Acquires Haddington's Bobcat Gas Storage
19 July 2010 Spectra Energy will buy the Bobcat Gas Storage assets and development project from Haddington Energy Partners III and GE Energy Financial Services for $540m. Spectra plans to spend an...

Foster Wheeler to Manage UAE Oilfield
19 July 2010 Global Engineering and Construction Group Forster Wheeler will provide project management consultancy services for the development of the Bida Al Qemzan oilfield in the UAE. Under the...

Questar, Applied LNG Technologies to Explore LNG Projects
16 July 2010 Questar Transportation Services (QTS) and Applied LNG Technologies (ALT) will jointly explore new market opportunities for Rockies liquefied natural gas (LNG) in the US. Under a memorandum...

Magellan to Buy BP Crude Oil Storage and Pipeline
16 July 2010 Magellan Midstream Partners will acquire 7.8 million barrels of crude oil storage and over 100 miles of active petroleum pipelines from BP Pipelines (North America) for $289m. The storage is...

Foster Wheeler to Manage Iraq Project
15 July 2010 Foster Wheeler is to provide project management consultancy (PMC) services for the Iraq Crude Oil Export Expansion Project of the South Oil Company (SOC). The PMC services will be onshore...

Petrochemical Prices Drop in 2010
15 July 2010 Petrochemical prices fell for the third consecutive month in June 2010, according to analysts at Platts, whose Global Petrochemical Index (PGPI) dropped to $1,051 per tonne on 30 June, the...

Bangladesh to Build Pipeline for Chevron Gas
14 July 2010 Bangladesh will build a 100km pipeline to carry natural gas from three Chevron-operated fields in the northeast of the country. Petrobangla chairman Mohammad Hussain Monsur told Reuters that...

Lukoil Close to Caspian Sea Tax Break Deal
14 July 2010 Russian private oil major Lukoil is close to winning tax breaks from the Russian Government for developing its Caspian Sea oilfields, according to Russian media. The tax breaks will allow...

Emerson Awarded Shell Automation Services Deal
13 July 2010 Emerson Process Management will provide automation services for Prelude LNG, Shell's floating liquefied natural gas (LNG) facility, under a contract with Technip-Samsung Consortium. Emerson...

Petrofac to Boost Production at Petrom Oil Concession
13 July 2010 Petrofac will provide production services to Petrom for the Ticleni oilfield and its eight satellite fields in southwest Romania. The mature onshore field Ticleni has been operating for 60...

Tag Oil Announces 450% Increase in Taranaki Reserves
12 July 2010 Canadian oil explorer Tag Oil announced a 450% increase in reserves at the Cheal Mining Permit, onshore Taranaki Basin, New Zealand. After an independent assessment, the firm assigned...

Sinopec Lowers Yangzi Crude Output
12 July 2010 China Petroleum & Chemical Corp (Sinopec) has brought down the crude output of its Yangzi oil refinery in the eastern Jiangsu province, China, to cut refining losses and cope with...

Southwest to Acquire Oklahoma Oil and Gas Leases
09 July 2010 Southwest Resources will acquire about 860 acres of oil leases in northeast Oklahoma, US, from RC Oil. The leases are made up of shallow oil wells that produce about 25 barrels of oil per day. ...

Elk Petroleum to Test Ash Creek Well
09 July 2010 Elk Petroleum plans to perform extended production tests at its Ash Creek Field Trusler 1 oil well in Wyoming, US. The last swab run at the well showed that oil flowed at a rate of...

Total to Acquire UTS for Canada Oil Sand Assets
08 July 2010 Total is to acquire UTS Corporation along with its main asset, a 20% interest in Fort Hills Project in Alberta, Canada, for C$1.15bn ($863m). Total exploration and production...

Shell to Supply LNG to Osaka Gas
08 July 2010 Shell Eastern Trading is to supply liquefied natural gas (LNG) to Osaka Gas under a long-term supply agreement. Under the sales and purchase agreement, Osaka Gas will receive up to 800,000t...

Beach Energy, Itochu to Explore LNG Project
07 July 2010 Beach Energy and trading company Itochu Corporation have entered a non-binding memorandum of understanding (MoU) to jointly explore a potential integrated LNG project. Under the MOU, the...

Schlumberger, Integra to Form Seismic JV
07 July 2010 WesternGeco, Schlumberger's seismic business segment, and Integra Group will form a joint venture, IG Seismic Services, under a new agreement. The joint venture will provide land...

LINN Energy to Acquire Texas Basin Assets
06 July 2010 LINN Energy will acquire oil and natural gas assets in the Permian Basin in Texas, US, for $90m. The assets in the basin will have a net production of about 950 barrels of oil equivalent per...

WestSide Acquires Stake in Dawson CBM Field
06 July 2010 WestSide has acquired a 51% stake in the Dawson coal-bed methane field in the Bowen Basin in Queensland, Australia, for A$26.8m ($22.6m). The firm bought the field with its joint...

Schlumberger Unveils Hydraulic Fracturing Technology
05 July 2010 Schlumberger has launched HiWAY, a flow-channel hydraulic fracturing technique to maximise production and hydrocarbon recovery. Schlumberger Well Services president Patrick Schorn said...

Russia, Belarus Sign Gas Transit Deal
05 July 2010 Russia's Gazprom and Beltransgaz have signed a supplementary gas transit agreement. Beltransgaz director-general Vladimir Mayorov told the Belta news agency that the firms have signed...

Total Acquires Interest in Yemeni Block
02 July 2010 Total has acquired a 36% interest in a production-sharing agreement in Yemen. Block 72, a 1,821km² licence in the southern part of Masila Basin, is operated by DNO Yemen. Total...

Siemens to Supply Equipment for Chinese LNG plant
02 July 2010 Siemens will supply a complete main refrigerant compressor train for a liquefied natural gas (LNG) plant in Dingbian City, Shaanxi Province, China. The firm will provide the solution to...

Sinopec to Increase Refinery Output to Meet Holiday Demand
01 July 2010 China Petroleum & Chemical (Sinopec) will increase the output from its Maoming oil refinery by 1.6% in July 2010 to meet rising holiday demand. Sinopec spokesperson Cai Zhan...

Samson to Sell 60% of Goshen County Project
01 July 2010 Samson Oil and Gas has signed an agreement with an undisclosed US partner to sell 24,166 acres of its 40,240 acre holdings in Goshen County in Wyoming, US, for a price between $61m and $79m. ...

June 2010

Top

China Resources, Tianjin Agree Natural Gas Supply Deal
30 June 2010 China Resources Gas Group and Tianjin Gas will set up a joint venture to supply natural gas to China's Tianjin region. The firms will make an investment of almost CNY5bn ($735.7m) in...

Queensland Approves Curtis LNG Project
30 June 2010 The Queensland Curtis Liquefied Natural Gas (QCLNG) project, on Curtis Island, near Gladstone, Australia, has been approved by the Queensland Government. Coordinator-General Colin...

Oil Heads for First Quarterly Drop Since 2008
30 June 2010 Oil prices edged towards $77 a barrel today, heading for its first quarterly drop since 2008. For August delivery, US crude dropped 12¢ to stand at $75.82 by 04.38 GMT, while ICE...

Oil Falls Below $77
29 June 2010 Oil prices dropped below $77 a barrel today aided by a strong dollar and news that tropical storm Alex will cause limited disruption to installations in the Gulf of Mexico's production...

Iraq Seeks Investments in New Refineries
29 June 2010 Iraq is seeking $20bn to build four new refineries so it can become a net exporter of petroleum products, according to Iraqi Oil Minister Hussain Al Shahristani. "Each one will cost...

Oil Reaches Eight-Week High
28 June 2010 The price of oil reached its highest point in eight weeks trading near $79 a barrel. For August delivery, US crude rose 52¢ before falling 9¢ to stand at $78.77 by 06.48 GMT,...

Reliance, Pioneer Partner on Eagle Ford Shale
28 June 2010 Reliance Industries and Pioneer Natural Resources have signed a joint venture agreement for the Eagle Ford Shale play in Texas. Under the agreement, Pioneer will sell a 45% interest in...

El Paso Completes Eagle Ford Test Wells
25 June 2010 El Paso Corporation has completed drilling at three Eagle Ford test wells in the US and has announced plans for future expansion. The company said all three wells have performed to or...

Beach Wins Tanzania Oil Concession
25 June 2010 Beach Petroleum has signed a production sharing agreement (PSA) with the Tanzanian Government for an oil concession in western Tanzania. Under the agreement, Beach acquired a 100%...

Oil Steady Above $76
24 June 2010 Oil prices remained steady above $76 a barrel today. For August delivery, US crude gained 3¢ to stand at $76.38 at 06.50 GMT, while London Brent crude rose 14¢ to $76.41 a...

Dominion Spuds Uganda Well
24 June 2010 Dominion Petroleum has successfully spudded a test well in block EA4B of the Lake Edward Basin in Uganda. The Ngaji-1 well will be drilled to a targeted depth of 2,000m and should be...

Sinopec Hits Natural Gas in China
24 June 2010 Sinopec has hit natural gas flows in an exploration well in Chongqing, southwest China. Tests showed that the Xinglong 1 well flowed high sulphur gas at a rate of 517,000m per day, according...

Gazprom, Siemens to Collaborate on LNG Technology
23 June 2010 Gazprom and technology provider Siemens have signed a deal to cooperate on liquefied natural gas (LNG) technology development. The two firms also plan to carry out a number of joint...

Oman Oil Seeks BG Oil and Gas Block
23 June 2010 State-run Oman Oil Company (OOC) is in talks with Oman's Ministry of Oil and Gas to take on an exploration block ceded by the UK's BG Group, a senior Omani oil official said. The Ministry of...

Acergy to Acquire Subsea 7
22 June 2010 Undersea oil contractor Acergy is to acquire rival Subsea 7 in an all-share deal for an estimated $3.4bn. In a joint statement, the companies said the $5.4bn combined entity will create a...

Oil Falls Below $77
22 June 2010 Oil prices fell below $77 a barrel today on speculation that a gradual appreciation of the yuan could have a limited impact on China's petroleum imports. For July delivery, US crude fell...

Realm Energy Gains Polish Gas Concessions
22 June 2010 Realm Energy has been awarded three natural gas concessions in Poland totalling an area of 464,918 acres. The concessions comprise the fully owned Gniew concession and two other...

Ivanhoe Begins Drilling for Gas in Zitong-1
21 June 2010 Ivanhoe Energy has started drilling the Zitong-1 well in Sichuan Province, China, for tight gas. The well is being spudded in a 659,840 acre gas exploration block operated by...

Gazprom, Gasunie to Work on European Gas Infrastructure
21 June 2010 Russia's Gazprom and Dutch company Gasunie have signed a deal to develop a gas infrastructure across Europe. The firms will cooperate in the areas of gas transmission infrastructure,...

Oil Gains Towards $79
21 June 2010 Oil prices gained 2.2% towards $79 a barrel today after China agreed to allow a flexible yuan exchange rate, raising expectations of higher petroleum imports by the country. For...

Oromin to Farm Out Interest in Santa Rosa Concession
18 June 2010 Oromin Exploration plans to farm out portions of its interest in the Santa Rosa oil and gas concession in Mendoza, Argentina. Data drilling the SREx-2001 well, limited seismic work and...

Boardwalk, Southcross to Upgrade US Gas Infrastructure
18 June 2010 Boardwalk Pipeline Partner (BWP) and Southcross Energy have teamed up to provide infrastructure for natural gas producers in the Eagle Ford Shale production area in South Texas, US. BWP...

Oil Falls Below $77
18 June 2010 Oil prices fell below $77 a barrel as investors raised concerns about the pace of demand growth by the top oil consumer the US. For July delivery, US crude fell 17¢ to stand at $76.62...

Valiant Drills Second Tybalt Exploration Well
18 June 2010 Valiant Petroleum said it has successfully drilled and tested the second Tybalt exploration well in the UK. The well had a peak rate flow of 5,400bopd and 4mscfd on a 56 / 64in...

Kinder Morgan Announces Open Season for Marcellus NGL
17 June 2010 Kinder Morgan Energy Partners (KMP) has announced a non-binding open season to gauge interest for its Marcellus lateral project in Canada. KMP said it will offer a new service for moving...

Oil Falls Towards $77
17 June 2010 Oil fell by 0.8% towards $77 today, slipping from its highest point since early May. For July delivery, US crude dropped 58¢ to stand at $77.09 a barrel at 05.07 GMT, while London...

Mitsubishi to Work on Buru Energy's Canning Basin Permits
16 June 2010 Technology giant Mitsubishi and Buru Energy plan to jointly explore and develop the Canning basin in Western Australia under a new agreement. Mitsubishi will farm-in into Buru's...

Reliance Spuds New Well in Cambay Basin
16 June 2010 Reliance Industries (RIL) has spudded a sixth oil well in a block in the Cambay Basin, Gujarat, India. Well CB10A-T1 was drilled to a depth of 1,500m to explore the play in the Miocene...

Spectra Energy to Build Canadian Processing Plant
15 June 2010 Spectra Energy will build a new 200 million cubic feet per day natural gas processing plant in west Dawson Creek, Canada. The Dawson processing plant will be built in two phases, with the...

Oil Steady Above $75
15 June 2010 Oil prices remained steady above $75 a barrel today as prospects for rising demand in emerging economies offset concerns about the impact of Europe's debt crisis. For July delivery, US...

Byco to Build Pakistan's Largest Oil Refinery
15 June 2010 Byco Petroleum Pakistan plans to operate the country's largest oil refinery in the province of Baluchistan by December 2010 in order to meet increasing demand. Byco CEO Amir Abbassciy...

Treaty Energy Finds Oil in Tennessee Field
14 June 2010 Treaty Energy (TECO) has made an oil discovery at a well drilled at its Tennessee leases in the US. The leases encompass 246 acres and include two shut-in wells of which the first spudded...

Oil Up Towards $75
14 June 2010 Oil prices climbed to $75 a barrel today aided by renewed optimism about a global economic recovery. For July delivery, US crude rose $1 to stand at $74.78 a barrel at 06.48 GMT, while...

Gazprom, DESFA Team up on South Stream Project
11 June 2010 Russia's Gazprom and Greek company DESFA have signed a charter to form a joint venture to work on the Greek section of the South Stream project. The South Stream Greece venture...

Pennsylvania Grounds EOG Gas Well Drilling Activities
11 June 2010 Pennsylvania's Department of Environmental Protection (DEP) has ordered EOG Resources to suspend its natural gas well drilling activities in the US state following a well blow-out on 3 June 2010. ...

China, Uzbekistan Sign Gas Deal
11 June 2010 China National Petroleum Corporation and Uzbekistan's Uzbekneftegaz have signed a framework agreement for the purchase and sale of natural gas in Uzbekistan. Under the agreement, Uzbekistan...

Sinopec to Raise Refining Capacity
10 June 2010 Chinese refiner Sinopec plans to increase its 2010 crude refining capacity by 10% compared with 2009 to meet increasing domestic demand. Sinopec refining business deputy director...

Technip to Expand Indian Refinery Unit
09 June 2010 Technip will undertake a phase III expansion project for an Indian refinery owned by Mangalore Refinery & Petrochemicals under new contracts. The expansion of the unit will increase...

Petronas to Expand Malacca Refinery
09 June 2010 Petronas is planning to expand its Malacca refinery in Malaysia. Petronas Corporate Strategic Planning vice president Md Arif Mahmood said that the company was undertaking a feasibility...

Mobil's Altona Refinery to be Put Under Strict Scrutiny
08 June 2010 Exxon Mobil's Altona oil refinery in Melbourne, Australia, will put under stricter scrutiny from the Environment Protection Authority (EPA). The EPA has cancelled Mobil's accredited...

Statoil Plan US Upstream Acquisitions
08 June 2010 Statoil plans to build up its presence in the Marcellus Shale formations in the eastern US along the same lines as its European business. Statoil chief executive Helge Lund told Bloomberg...

Sinopec Updates Xinchang Reserve Potential
07 June 2010 Sinopec has updated the gas reserve potential of its Xinchang gas field in south-western Sichuan province, China. The firm has added 121.12 billion cubic metres of proven geological natural...

Iraq Awards New Refinery Contract to Foster Wheeler
07 June 2010 The Iraqi Ministry of Oil has awarded a feasibility study and front-end engineering design contract to Foster Wheeler for a new refinery at Nassiriya, Iraq. The proposed refinery will have...

Energy Transfer Starts Work on Tiger Pipeline
04 June 2010 Energy Transfer Partners has begun work on a 175 mile interstate natural gas Tiger Pipeline to serve the Haynesville Shale and Bossier Sands regions in Louisiana and East Texas, US. ...

SSE Secures Stakes in Hess North Sea Assets
04 June 2010 Scottish & Southern Energy plans to buy almost 80% of the North Sea gas and infrastructure assets of Hess for $324m. The utility, which in April agreed an outline deal with Hess, said...

Argentine-Bolivian Group Wins Gas Supply Deal
03 June 2010 Bolivia, Paraguay and Uruguay have selected a consortium to carry out a pre-feasibility study to supply Bolivian gas to Paraguay and Uruguay. The Andean Development Corporation (CAF)...

TransGlobe Discovers Oil in Egyptian Desert
03 June 2010 TransGlobe Energy's Safwa NW-1 test well, which lies in Egypt's Western Desert, has spudded oil. Wire line logs across the Lower Bahariya Formation have confirmed a 30ft net...

Transneft Profit Rises 70%
02 June 2010 Russian oil pipeline monopoly Transneft has reported an almost 70% rise in its 2009 earnings to RUR121.8bn ($3.9bn) from RUR72.5bn a year ago. Profit attributable to shareholders...

EQT, DCP to Work on Appalachian Basin Shale Project
02 June 2010 EQT Corporation and DCP Midstream Partners LP (DCM) and its sponsor DCP Midstream LLC (together DCP) have announced a letter of intent to create a natural gas processing and related natural...

PetroVietnam to Operate Dung Quat Refinery
01 June 2010 French oil service company Technip has handed over the Dung Quat oil refinery, Vietnam, to PetroVietnam's Binh Son Refining Petrochemical Company, which will manage and operate the...

Shell to Buy East Resources for Shale Gas Play
01 June 2010 Shell will buy East Resources for $4.7bn as it continues to build its portfolio in the North American gas market. East Resources has 650,000 acres in the Marcellus field and 1.05 million...

May 2010

Top

Eastern Star Undertakes Australian LNG Plant Study
28 May 2010 Eastern Star has signed a deal to study a million-tonnes-a-year LNG plant at an Australian port, expected to be complete by 2014. Eastern Star managing director David Casey told The...

Shaw to Manage Marathon Clean Fuel Project
28 May 2010 The Shaw Group will provide construction management services for a benzene reduction project at a Marathon Oil Corporation refinery in Illinois, US. Under the contract, Shaw will...

Denham Sells Marcellus Shale Stake to Williams
27 May 2010 Denham Capital has sold its interest in the Marcellus shale in the US through the transfer of 42,000 net acres, acquired in partnership with Alta Resources, to Williams for $501m. The...

UIL to Acquire Iberdrola Gas Utilities
27 May 2010 UIL Holdings Corporation (UIL) will acquire three natural gas firms owned by Iberdrola US for $1.3bn. The firms to be bought include The Southern Connecticut Gas Company, Connecticut...

BHP, ExxonMobil Eye Western Australian LNG
26 May 2010 BHP Billiton and ExxonMobil are studying a new $18bn-$24bn liquefied natural gas development in Western Australia. BHP petroleum chief Michael Yeager told The Australian that BHP is in...

Peru Ica Natural Gas Pipeline Work Begins
26 May 2010 Consortium Congas has begun work on a natural gas distribution project in Peru's Ica region. Congas, comprising EEB and TGI, received a 30-year concession from the country's government in...

Iran to Fund Sri Lanka Refinery Expansion
25 May 2010 Sri Lanka hopes to fund a project to double the capacity of its only refinery with a $1.5bn loan from Iran. Sri Lankan Prime Minister Susil Premajayantha told Bloomberg that Iran may...

Williston to Expand Natural Gas Pipeline Capacity
25 May 2010 Williston Basin Interstate Pipeline Company plans to expand its natural gas pipeline capacity in the Bakken production area in North Dakota, US. The 33% increase in capacity will add up...

Oil Climb Towards $71
24 May 2010 Oil prices rose more than 1% towards $71 a barrel today. For July delivery, US crude gained 70¢ to $70.74 a barrel by 04.55 GMT, while London Brent crude rose 22¢ to $71.93...

E.ON Ruhrgas Acquires Stake in Trans Adriatic Pipeline
24 May 2010 E.ON Ruhrgas has acquired a 15% stake in the Trans Adriatic Pipeline project (TAP) divested by Statoil and EGL. After divestment, Statoil and EGL will each hold a 42.5% and E.ON...

Marathon to Sell-off Minnesota Assets
24 May 2010 US-based Marathon Oil is to sell most of its Minnesota downstream assets to ACON Investments, NTR Partners and TPG Capital for $800m. The assets include the 74,000 barrel per day St Paul...

Nexen to Sell Canadian Heavy Oil Assets to Northern Blizzard
21 May 2010 Canadian energy company Nexen plans to sell its heavy oil properties in Western Canada to Northern Blizzard Resources for $975m. In December 2009, the properties had proven reserves of...

SPDC Restarts Nigerian AGG Projects
21 May 2010 The Shell Petroleum Development Company of Nigeria (SPDC) has restarted work on a series of associated gas-gathering (AGG) projects in the Niger Delta. The $2bn-worth of projects cover 26...

EOG to Acquire Galveston Stake in Kitimat LNG Terminal
20 May 2010 EOG Resources plans to acquire shares of Galveston LNG, which owns a stake in the proposed liquefied natural gas (LNG) export terminal at Bish Cove, in British Columbia, Canada. The terminal...

BP Captures 40% of Gulf of Mexico Oil Leak
20 May 2010 BP said it has managed to siphon 40% of the Deepwater Horizon oil flowing into the Gulf of Mexico, more than double the oil it was able to capture on Monday. The riser insertion tube...

CNOOC, TPAO to Develop Iraqi Missan Oilfields
19 May 2010 CNOOC and Turkish Petroleum Corporation are to develop and produce oil from Iraq's Missan oilfields in a new deal. Under the 20-year technical services contract (TSC), CNOOC will increase...

Sinopec to Raise Funds for Refinery Upgrades
19 May 2010 China Petroleum & Chemical Corp (Sinopec) is considering selling about 43bn yuan ($6.3bn) of bonds to fund the upgrade of refineries and petrochemical plants. Sinopec senior...

Enterprise, Duncan Energy Expand Eagle Ford Facilities
18 May 2010 Enterprise Products and Duncan Energy will expand their jointly owned processing facilities in south Texas, US, to manage increasing natural gas production from the Eagle Ford Shale play. ...

NNPC and CSCEC to Build Nigerian Projects
17 May 2010 The Nigerian National Petroleum Corporation (NNPC) and China State Construction Engineering Corporation (CSCEC) will jointly seek Chinese funds to develop refineries and a petrochemical complex...

Santos, Fluor Team Up For Australian LNG Project
17 May 2010 Australia's Santos has selected Fluor to develop upstream facilities at the Gladstone liquefied natural gas (LNG) project in Queensland, Australia. Santos said it is planning to award the...

LNG Mergers Likely on Australian Tax
14 May 2010 A proposed resource tax in Australia could prompt Shell, ConocoPhillips, BG Group and Santos to merge about $70bn of gas projects in the country, targeting fuel shipments to China, Japan and...

Ivanhoe Plans Tamarack Project Boost
14 May 2010 Ivanhoe Energy expects to file an application to develop the Tamarack HTL facility, after having completed work on the 28-well drilling programme. Ivanhoe said it has invested $17.9m in...

Conoco, Karoon to Test Australia's Kronos-1
13 May 2010 ConocoPhillips and Karoon Gas Australia will conduct production tests at the Kronos-1 pay sands in the Browse basin in Western Australia. ConocoPhillips, operator of the WA-398-P well, will...

Chesapeake Energy to Invest in Expansion
12 May 2010 Chesapeake Energy plans to raise $5bn over the next two years to expand its investment in oil and natural gas liquids and to reduce debts. Out of the total amount, $3.5bn will used to pay...

Osaka Gas Buys Stake in Spanish LNG Terminal
12 May 2010 Osaka Gas will acquire a 20% interest in Endesa's Sagunto LNG receiving terminal in Valencia, Spain, under a new contract. The terminal has a liquefied natural gas (LNG) regasification capacity...

Reliance Looks to Accelerate Gas Production
11 May 2010 Reliance Industries may accelerate natural gas production after India's Supreme Court said the fuel should be sold at the government-approved price. Sanford C Bernstein analyst Neil...

Oil Prices Drop to $76
11 May 2010 Oil fell to $76 a barrel today as the dollar strengthened, but doubts over Europe's debt crisis remain. For June delivery, US crude fell 46¢ to $76.34 a barrel at 05.48 GMT, while ICE...

CB&I Awarded Yamal LNG Concept Development Deal
10 May 2010 CB&I Lummus will provide concept development services for the Yamal LNG Integrated Project in Siberia, Russia, under a contract with Yamal LNG. The project will cover production,...

Oil Rebounds Above $77
10 May 2010 Oil prices went above $77 after the EU agreed to protect the Eurozone's debt-stricken nations, boosting confidence that energy demand will continue to improve. For June delivery, US crude...

Oil Falls Below $77
07 May 2010 Oil prices fell below $77 a barrel today, marking a $10 fall in the dollar over the past week. For June delivery, US crude dropped 31¢ to $76.80 a barrel by 06.58 GMT, while London...

Sempra Acquires El Paso Gas Assets
07 May 2010 Sempra energy subsidiary Sempra Pipelines & Storage has acquired the Mexican pipeline and gas infrastructure assets of El Paso for $300m. Under the deal, Sempra acquired a seven-mile natural...

PDVSA Buys Stake in Dominican Republic Refinery
07 May 2010 Petróleos de Venezuela (PDVSA) has agreed to buy a 49% stake in the Dominican Republic's Refidomsa refinery. The Refidomsa has a refining capacity of 34,000 barrels of oil a...

CNOOC Inks Bridas Joint Venture Deal
06 May 2010 China National Offshore Oil Company has successfully concluded a joint venture deal with Bridas Energy Holdings to acquire a 50% stake in Bridas Corporation for $3.1bn. Bridas...

Oil Prices Fall by $1
06 May 2010 Oil prices fell by more than $1 to a six-week low of under $79 a barrel today. For June delivery, US crude dropped $1.10, around 1.3%, to $78.87 a barrel by 0702 GMT, while London...

PetroChina Starts Ningxia Refinery Expansion
05 May 2010 PetroChina has begun work to triple the capacity of its Ningxia refinery to meet rising fuel demand in north-western China. The capacity will be increased to five million metric tons a year...

Oil Prices Head Down To $82
05 May 2010 Oil prices dropped to $82 a barrel today on rising oil inventories and a strong dollar. For June delivery, US crude fell 23¢ to $82.51 a barrel by 06.40 GMT, while London Brent crude...

Petrobas Secures Portugal Exploration
04 May 2010 Petrobras has signed an agreement with the Government of Portugal for hydrocarbon exploration in deep waters in the Alentejo Basin. Under the agreement, Petrobras will own 50% stakes in the...

Mesa Energy to Focus on Marcellus Prospective Java Field
04 May 2010 Mesa energy said its Reisdorf Unit 1 well in the northern portion of the Java Field has been successfully plugged. The US well has been pulled back to a depth of 2,400ft and existing casing...

April 2010

Top

Oil Prices Near $86
30 April 2010 Oil prices rose on Friday, heading for a third straight monthly gain driven by expectations of global economic recovery. For June delivery, US crude gained 73¢ to $85.9 a barrel,...

Reliance Makes Fourth Oil Discovery in Cambay Basin
30 April 2010 Reliance Industries said it has made a "significant" fourth oil discovery in an exploratory block in the Cambay Basin, India. The CB10A-F1 well has been drilled to a depth of 1,605m in Part A...

Oil Prices Steady Above $83
29 April 2010 Oil prices remained steady above $83 today, despite credit rating downgrades for southern European countries encouraged by signs that US demand will improve this summer. For June delivery,...

ConocoPhillips Opts Out of Shah Field
29 April 2010 ConocoPhillips has decided to withdraw its participation in the Shah sour gas field project. In 2008, ConocoPhillips signed an interim deal with Adnoc to develop the natural gas...

BP Targets Terre de Grace Oil Sands
28 April 2010 BP said it will extract over one billion barrels of recoverable resources with its acquisition of Value Creation Inc's Terre de Grace oil-sands block in Canada. The firm paid $900m for a...

Shell to Supply LNG to Kuwait
28 April 2010 Shell will supply liquefied natural gas to Kuwait Petroleum Corporation under a new agreement. The firm will supply LNG to the country from 2010 to 2013, according to Kuwait News Agency. ...

Colombia to Double Oil Production
27 April 2010 Colombia is expected to double its oil production capacity in five years to 1.5 million bpd, according to the country's National Hydrocarbons Agency. The nation's oil production in 2009 stood...

Schlumberger Reports Q1 Revenue Fall
27 April 2010 Schlumberger has reported a 28% drop in its quarterly profit, which has signalled optimism in the energy exploration and production business. The oil services giant said its first...

Chevron to Fix Louisiana Oil Pipeline
26 April 2010 Chevron has been given approval by US government agencies to begin repair work on a damaged Louisiana oil line that leaked oil into a wildlife refuge. A Chevron spokesperson was quoted...

Petroplus Eyes Total's Lindsey Refinery
26 April 2010 Refiner Petroplus is seeking to purchase Total’s Lindsey oil refinery in the UK through bids, anticipating a recovery in fuel demand. Petroplus CEO Jean-Paul Vettier was quoted by Bloomberg...

India’s Essar Launches Oil and Power IPO
23 April 2010 India’s Essar Group is offering the public shares in its power and offshore divisions as part of a massive IPO — the largest of its kind in London for three years. In recent years Essar has...

Oil Steadies Near $84 as Demand Grows
23 April 2010 Oil prices remained steady near $84 a barrel today. For June delivery, US crude dropped 8 cents to $83.62 a barrel by 12:35am ET, while London Brent crude declined 17 cents to $85.50. OPEC...

BG Group, EXCO to Acquire Common Resources
22 April 2010 BG Group and EXCO Resources have joined forces to buy Common Resources, giving the companies a stake in a rich natural gas area on the Louisiana-Texas border. The firms will each acquire 50%...

Atlas-Reliance JV to Acquire Additional Marcellus Shale
22 April 2010 Atlas Energy and Reliance will acquire an additional 42,344 acres of Marcellus Shale area in Pennsylvania, US, for its joint venture. According to the company, 450 horizontal wells can be...

LNG Energy, Interoil To Work on Seismic Programme
20 April 2010 LNG Energy and Interoil have entered an agrement to work on a 2D seismic programme at LNG's working interest in Papua New Guinea (PNG). The seismic programme includes the acquisition...

Total Plans Lindsay Refinery Sale
20 April 2010 Total has announced the sale of its Lindsey Oil Refinery in the UK. The Lindsay refinery has a total capacity to generate 223,000bpd and is the UK's third largest refinery. The firm...

Pertamina Seeks Oil from Saudi Aramco
19 April 2010 PT Pertamina is in talks with Saudi Aramco to import 200,000bpd of crude oil. Pertamina president director Karen Agustiawan told Reuters that the firm plans the extra oil imports to expand...

Beach Buys Stake in Sundance Bakken Shale
19 April 2010 Australia's Beach Energy has acquired a stake in Sundance Energy's South Antelope oil prospect in the Bakken Shale of North Dakota, USA. A horizontal well is scheduled to be drilled in...

Indonesia Looks for Buyers of Excess LNG
15 April 2010 Indonesia's BPMIGAS is looking for buyers of its liquefied natural gas (LNG) next year. The company said it expects to have an excess supply of of 2.5-3 million tonnes when an existing...

Reliance to Acquire Stake in Atlas Shale
12 April 2010 Reliance will acquire a 40% interest in Atlas Energy's core Marcellus Shale acreage position in Pennsylvania, USA, for $1.7bn, under a new joint venture agreement. Entering a joint...

Northwest Energy Finds UK Oil Leads
12 April 2010 Northwest Energy said it has identified seven drilling sites in the south of the UK that could hold significant oil reserves. Norwest chief executive Peter Munachen said the resource...

Carrizo to Concentrate on Crude, Liquids Plays
09 April 2010 Carrizo Oil & Gas has announced a new strategy to significantly increase its crude oil and liquids production and reserves by early next year The firm plans to make acquisitions in...

China to Buy LNG from Icon Energy
09 April 2010 China Gas subsidiary SinoGas Group will purchase LNG from Australia's Icon Energy for a 20-year period, following a new deal. Icon will supply 40 million tonnes of LNG under the MoU...

HaiKe Ruilin Refinery Begins Production
07 April 2010 HaiKe Chemical Group's joint venture refinery, Dongying Hi-Tech Ruilin Chemical, is now complete and operations have begun. Ruilin, which has an annual production capacity of 2.7 million...

South Hook Phase 2 Complete
07 April 2010 The second phase of the South Hook LNG terminal in Pembroke, UK, has been completed. The terminal is now Europe's largest LNG terminal with a total processing capacity of 15.6mtpa,...

Shell Looks to Divest Downstream Businesses in Africa
06 April 2010 Shell Oil Products Africa is reviewing ownership options for its downstream businesses in 21 countries in Africa. The review will cover Shell’s retail, commercial fuels, lubricants,...

Yemen LNG's Second Train Comes Onstream
06 April 2010 Yemen LNG has started producing liquefied natural gas (LNG) from its second train a month earlier than scheduled. The firm’s LNG production is expected to reach design capacity of 6.7...

Saibu Gas to Build LNG Terminal in Japan
01 April 2010 Saibu Gas will build a large-scale liquefied natural gas (LNG) receiving terminal in Kitakyushu, western Japan, to pursue projected growth in demand from the industrial sector. The 70bn...

March 2010

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TAG Oil Confirms Oil Shale in NZ Basin
31 March 2010 TAG Oil has confirmed the presence of oil shale with the first of the three well spudded at its Waitangi Hill programme. The stratigraphic well, drilled to a total depth of 171m, encountered...

World's First Biopetrol Plant Starts Production
30 March 2010 The world's first biopetrol demonstration plant has begun producing petrol and petrol blend components by converting plant sugars. The US plant, a joint project between Shell and Virent...

ICA Fluor Wins $622m Pemex Contracts
29 March 2010 ICA Fluor said it will support two low-sulphur petrol projects in Mexico for Pemex Refining under EPC contracts worth $622m. ICA Fluor will be responsible for test and start-up...

Southwestern to Explore Canada Basin
29 March 2010 Southwestern Energy will undertake a $47m exploration programme in New Brunswick, Canada, after winning exploration bids. The three-year exploration will take place over an area...

Tokyo Gas to Raise LNG Purchase
26 March 2010 Tokyo Gas has announced plans to raise its liquefied natural gas (LNG) purchase in 2010-2011 in response to an anticipated increase in demand. The gas supplier plans to buy 1.4% more gas...

Marathon Louisiana Refinery Begins Full Capacity Operation
26 March 2010 Marathon Oil Corporation has annnounced plans to bring its expanded Louisiana refinery up to full production of about 20 million gallons of fuel a day, despite adverse market...

BG Group to Supply Coal Seam Gas to China
24 March 2010 BG Group will supply 3.6mtpa of liquefied natural gas (LNG) to China National Offshore Oil Corporation (CNOOC) under a new $40bn contract. According to the 20-year contract, BG Group will...

EnCore to Sell UK and French Assets to Egdon
24 March 2010 EnCore Oil is to sell its onshore assets in the UK and France and its interest in the Ceres gas field to Egdon Resources in a £5m deal ($7.50m). The sale will take place in return for...

Jupiter Energy Hits Oil in Kazakhstan
23 March 2010 Jupiter Energy has made an oil discovery in its J-50 well, which is being drilled on block 31 in the Mangistau Basin, Kazakhstan. The well at the top of the middle triassic reservoir...

TransCanada to Operate Keystone Pipeline by June
23 March 2010 TransCanada hopes to be operating its $5.2bn Keystone pipeline by the end of June 2010, according to the firm's chief operating officer, Russ Girling. Girling told Reuters that...

Qatar to Supply More LNG to India
22 March 2010 Qatar will supply India up to four million tonnes of additional LNG by 2014 to meet the country's growing energy needs. Qatar Energy Minister Abdullah al-Attiyah told the Press Trust of...

Arrow Agrees to Shell, Pretochina Takeover Bid
22 March 2010 Arrow Energy has agreed to Royal Dutch Shell and Petrochina's takeover bid at A$3.5bn ($3.2bn). Shell and PetroChina will provide A$4.70 ($3.29) a share in cash for Arrow's Australian...

OPaL Plans Dahej IPO in 2012
17 March 2010 An initial public offering (IPO) from ONGC Petro-additions Ltd (OPaL) is planned for 2012 for the proposed Rs12,440 crore ($2,733m) petrochemical complex in Dahej, Gujarat. OPaL is expected...

Flaring at ExxonMobil's Torrance Refinery
17 March 2010 Flaring has been reported by operator ExxonMobil at its Torrance refinery in California, USA, which is currently undergoing maintenance. The firm began the multi-unit overhaul of the...

Kea to Spud Wingrove-2 in April
17 March 2010 Kea Petroleum will drill the Wingrove-2 well in the Taranaki basin in New Zealand in April 2010. Wingrove-2 will be a deviated well, designed to test the updip potential of the good oil...

4Gas Cancels Rotterdam Project
16 March 2010 Dutch LNG terminal operator 4Gas said it will not go ahead with plans to build a regasification terminal in the Port of Rotterdam, after it has been unable to secure long-term supply contracts...

Oil Falls Below $81
15 March 2010 Oil prices dropped below $81 a barrel today aided by a stronger dollar and weak US consumer confidence data, which fanned worries about weaker demand in the world's top energy user. For...

OPEC February Production at 29.31mbpd
12 March 2010 OPEC crude oil production increased to 29.31mbpd in February, a gain of 60,000bpd from an estimated January level of 29.25mbpd, according to a recent Platts survey. The survey of OPEC and...

Skanska to Build Petrobras Unit
12 March 2010 Skanska is to build the first processing unit of an oil refinery in Brazil for Petrobras under a Skr1.8bn ($250m) contract. The crude and distillation unit, located at the...

Oilsands Quest Evaluates Axe Lake Potential
12 March 2010 Oilsands Quest (OQI) said it is assessing the potential to develop its Axe Lake oil sands discovery in northwestern Saskatchewan, Canada, through steam-assisted gravity drainage (SAGD) technology....

Oil Price Steadies Above $82
12 March 2010 Oil prices held strong above $82 a barrel today, with crude increasing 8¢ to $82.19 a barrel by 0430 GMT, and London ICE Brent gaining 11¢ to $80.39. This was despite efforts by...

Ormen Lange Returns to Full Power
12 March 2010 Shell Energy Europe's Ormen Lange power plant in Norway has returned to full strength after a shutdown. The 200MW power plant supplies the Shell's Ormen Lange gas field and processing...

SNC-Lavalin Wins Venezuela Junin Deal
11 March 2010 SNC-Lavalin has won a engineering services contract with PDVSA Engineering & Construction for the Empresa Mixta Petromacareo Project in the Orinoco Oil Belt, Venezuela. The firm will...

Algeria Expects LNG Demand to Pick Up
10 March 2010 The global fall in demand for LNG will recover in two to three years, according to Algerian Energy Minister Chakib Khelil. Khelil was quoted by Reuters as saying that in the long term the...

Circle Oil Completes Gemsa Production Test
10 March 2010 Circle Oil has completed production a test on the Al-Amir SE-5 appraisal well in the onshore North West Gemsa Concession in Egypt. The Kareem formation sandstones at the well flowed oil...

Total To Invest in EDF Dunkirk LNG Terminal
09 March 2010 Total has announced plans to invest in Électricité de France (EDF)'s proposed Dunkirk LNG terminal, following its decision to close its Flanders refinery. The firm will...

Sinopec Mulls ExxonMobil, Aramco Joint Venture
09 March 2010 Sinopec is considering a joint venture with ExxonMobil and Saudi Aramco to build an oil refinery with the capacity to process 12 million tonnes of crude per year. The project would...

Lukoil Bulgaria Refinery to Reopen
08 March 2010 Lukoil's Bulgarian refinery Neftochim Burgas will reopen after completing its planned maintenance. The 142,000bpd refinery at the Black Sea port of Burgas had been shut down for a...

Arrow Receives Takeover Bid
08 March 2010 Arrow Energy has received a takeover bid at a cash value of A$3.26bn ($2.97bn) from the Royal Dutch Shell and Petrochina joint venture. The offer results from an effort by international...

Poland Funds First LNG Terminal
05 March 2010 Poland LNG has arranged €950m ($1.3bn) to build the country's first LNG import terminal. The European Bank for Reconstruction and Development will provide €200m ($273m) along with...

Bridge-Paramax Drills Boise Basin
05 March 2010 Bridge Resources and Paramax Resources have started drilling the first of five exploratory wells in the Boise Basin, Idaho, USA. Bridge-Paramax ML Investments-1 well has a planned total depth...

Gas Natural to Increase Market Share in Italy
04 March 2010 Spain's Gas Natural has imported 280,000m² of LNG to Italy this winter and plans more deliveries to increase its market share, the firm announced. The deliveries to Eni's Panigaglia...

Enap Refinery to Restart After Quake
04 March 2010 Chile's Empresa Nacional del Petroleo (Enap) will bring its second refinery online next week, following the recent earthquake that has devastated the country. Refineria Aconcagua has a...

Mitsubishi to Part-fund Indonesian LNG Plant
03 March 2010 Mitsubishi is to fund up to $2.25bn to develop an Indonesian LNG plant, to be commissioned by the government. Under an initial agreement, Mitsubishi will own a 51% stake in PT Donggi...

Saudi Arabia to Double Crude Supply to India
03 March 2010 Saudi Arabia has agreed to almost double its supply of crude oil to India to 40 million tonnes a year, or 770,000 barrels a day, from the previous supply of 25.5 million tonnes a year. ...

Kuwait, China to Partner on Refinery
02 March 2010 Kuwait Petroleum expects the Chinese government to give the green light for a 300,000bpd refinery and petrochemical facilities by the end of the year. The $9bn refinery, along with...

KOGAS to Invest in Canadian Gas Fields
02 March 2010 South Korea's KOGAS plans to invest $41.1 billion over the next five years in the development of three Canadian gas fields with EnCana. The two firms will jointly explore and develop the...

Statoil Exits Krishna Godavari
01 March 2010 Statoil has pulled out of plans to participate in appraisal drilling in the deepwater Krishna Godavari Block off the Andra coast, India, leaving Oil and Natural Gas Corporation (ONGC) alone on...

Fluor Wins Singapore LNG Contract
01 March 2010 Services company Fluor Corporation has won an engineering contract to work on the Singapore LNG import terminal at Jurong Island. The terminal is being built for Singapore LNG Corporation...

February 2010

Top

Origin and Conoco to Supply Gas to BG LNG Project
26 February 2010 Origin Energy and partner ConocoPhillips will supply feed gas to BG Group's liquefied natural gas project, making it the first collaboration in the Australia's LNG sector. The partners...

Al Khaleej Gas-Phase 2 Begins Operation
25 February 2010 The Al Khaleej Gas-Phase 2 (AKG-2) project has started operations to meet rising local industrial demand in Qatar, announced Qatar Petroleum and Exxon Mobil. The AKG-2 with 1,250mcfd of...

Mejillones Refinery to Start Operation
25 February 2010 Chile's Mejillones liquefied natural gas terminal will start commercial operations in May 2010, supplying energy to key mines. The terminal has received its first tanker from Trinidad and...

Shell Awards Support Deal to KBR
25 February 2010 UK-based Shell Chemicals has awarded a contract to US firm KBR to provide instrument and electrical support services to its chemical plant in Deer Park, Texas, and its refining joint...

Reliance Ups Lyondell Bid to $14.5bn
25 February 2010 India's Reliance Industries said it has increased its offer to $14.5bn from $13.5bn for the debt-ridden chemicals group LyondellBasell. If accepted, the offer will help LyondellBasell out...

Qatar Ras Laffan 3 Starts Production
24 February 2010 The Ras Laffan Liquefied Natural Gas Company has begun production at the LNG Train 7 in Qatar. Ras Laffan 3 LNG train is a 7.8 million tonnes per year plant opened by the 70:30 joint venture...

NNPC Plans Three Refineries
24 February 2010 Nigerian National Petroleum Corporation (NNPC), Oando, African Petroleum and Mittal are planning to build two new oil refineries and a gas refinery in Nigeria. The crude oil refineries will...

Alliance Pipeline Begins Bakken Gas Transport
23 February 2010 Alliance Pipeline has begun transporting the first natural gas and natural gas liquids (NGL) from Bakken Shale in the Williston basin, Canada, to the market. The transport has been...

BP Urges South Africa to Consider New Refinery Alternatives
23 February 2010 BP has asked the South African Government to consider all options before building a new 400,000bpd oil refinery at Coega in the Eastern Cape. The government has already given licence...

Brasher-1 Oil Well Strikes Gas
22 February 2010 The Brasher-1 exploration well in Texas, US, has struck a gas column, New Standard Energy said. The company said it encountered a 14ft gas column in the Yegua formation where drilling...

Indonesia Focus on Domestic LNG Demand
22 February 2010 Indonesia will not be renewing LNG export contracts so it can instead concentrate on meeting domestic demand, according to the nation's Industry Minister MS Hidayat. Hidayat was quoted by...

Orlen to Sell Stake in Lithuanian Refinery
19 February 2010 Orlen could sell a stake in its Lithuanian Refinery, Orlen Lietuva. Orlen spokeswoman Beata Karpinska said the firm intends to enter into talks with Russian firms for the Mazeikiu refinery...

China to Increase LNG Imports
19 February 2010 China plans to import more liquefied natural gas (LNG) to meet growing demand in the country, according to the country's National Energy Administration Director Zhang Guobao. Zhang Guobao...

Silver Eagle Delays Utah Operations
18 February 2010 Silver Eagle Refining has delayed operations at the first crude unit of its Utah refinery, which was closed down following a fire in November 2009. The US Chemical Safety Board said the...

PDO Makes Oil and Gas Discoveries
18 February 2010 Petroleum Development Oman (PDO) has discovered three oil fields and a large gas field at Al Ghubar South. The oil discovery in Al Ghubar South that is expected to contain over 1 billion...

Showa Shell to Reduce Capacity
17 February 2010 Japanese refiner Showa Shell Sekiyu plans to close its 120,000bpd Ogimachi plant at the Keihin refinery complex in Kawasaki in the summer of 2011. The company also plans to reduce its...

Wood Group to Maintain Peru LNG Project
17 February 2010 Wood Group GTS will provide service and maintenance for the PERU LNG project for $150m over an 18-year period. The PERU LNG project, launched in 2007, is expected to be one of the most...

UK Grants Gas Storage Project
16 February 2010 The UK Government has provided licences for the expansion of gas storage in the Gateway Project, located in the East Irish Sea, under the new Energy Act. The Gateway Storage Company will...

BP Seeks Canadian Oil Sand Project
16 February 2010 British Petroleum is keen to acquire a majority stake in Value Creation, which holds large reserves of oil sands. The $1.2bn deal is expected to face opposition from environmentalists and...

Hindustan Petroleum to Build New Plant
15 February 2010 Hindustan Petroleum (HP) will build a Rs250bn ($5.4bn) crude oil processing plant in Mumbai that will generate 20 million tonnes a year of oil, according to HP refineries director K Murali. ...

Gazprom Unveils Russia's First CBM Unit
15 February 2010 Gazprom has opened Russia's first coal bed methane (CBM) production facility in the Taldinskoye coalfield, about 65km north of Novokuznetsk in southwestern Siberia. The facility will...

Chevron Wins PDVSA Oil Project
12 February 2010 Petróleos de Venezuela (PDVSA) has selected a Chevron-led consortium to negotiate a project comprising three blocks in the Orinoco Oil Belt of eastern Venezuela. The three blocks have...

New Zealand Opens Kahili Offer
12 February 2010 The New Zealand Energy and Resources Ministry has opened bids for the onshore Kahili gas field in Taranaki on the west of New Zealand. The 5.99km² block was discovered in 2002 and a...

CNPC, Recope to Upgrade Costa Rica Refinery
11 February 2010 China state oil company CNPC and Costa Rica's Recope plan to upgrade a refinery in the Central American country that is expected to cost up to $1bn. The upgrade would triple the size of...

KBR Awarded Design Study for Browse Development
11 February 2010 KBR will conduct a design study for Woodside's basis of its Browse liquefied natural gas (LNG) development. The study will focus on Woodside's onshore LNG facilities within the...

ONGC Plans MOL Ventures
10 February 2010 India's Oil and Natural Gas Corporation (ONGC) plans to partner with Hungary's MOL to pursue joint exploration and production ventures in Europe, the CIS countries and the Middle East. ...

New Iraq Firm to Oversee Oilfields
10 February 2010 Iraq's Oil Ministry has launched its fourth state company, Midland Oil, for overseeing development in recently auctioned fields. Iraq Oil Ministry spokesman Assem Jihad was quoted by AFP...

BP Shareholders Oppose Oil Sands Investment
09 February 2010 A coalition of BP shareholders have raised concerns over the firm's intention to invest in its Sunrise oil sands project in Canada, it has been revealed. BP's plan to invest $10m in...

Saipem to Build Pemex Refinery Units
09 February 2010 Saipem will build clean petrol units at two of Pemex's refineries under a new contract worth $345m. Saipem will build equipment at Pemex's Salamanca and Tula oil refineries to reduce the...

Essar in Talks to Acquire Shell Refineries
08 February 2010 India's Essar Group is in talks with Royal Dutch Shell to buy three refineries in Europe as part of its aim to expand its refining capacity. Essar aims to acquire Shell's Stanlow refinery in...

Zion to Resume Ma'anit Tests
08 February 2010 Zion Oil & Gas said it will resume production testing operations on the Ma'anit-Rehoboth number two well, in Israel, by mobilising its drilling rig from the Elijah number three well. ...

Canada Natural, NWU to Build Bitumen Refinery
05 February 2010 Canadian Natural Resources and North West Upgrading (NWU) together plan to construct and operate a bitumen refinery in Alberta, Canada. The refinery will upgrade bitumen from the...

Foster Wheeler Wins Ugandan Refinery Feasibility Study
05 February 2010 Foster Wheeler will undertake a feasibility study for the development of an oil refinery within Uganda. Under the contract awarded by Uganda's government, the firm will develop the location...

Enbridge to Pipe Bitumen from Leismer
05 February 2010 Enbridge's Waupisoo Pipeline will transport bitumen from Statoil's Leismer oilsands project to crude hubs in Alberta, Canada. Under the new contract, Waupisoo Pipeline will initially...

Shell’s Q4 Profits Collapse on Weak Demand
04 February 2010 Royal Dutch Shell has posted a 75% drop in its fourth-quarter profits to $1.18bn because of a lack of demand in the weak global economy. For the full year, Shell’s profit stood at...

China’s Myanmar Pipeline Onstream in 2012
04 February 2010 China's plan to build a gas pipeline with 12 billion cubic metres annual capacity to transport fuel from Myanmar's offshore oil deposits to south west China is due to come onstream in the next...

Eastman Completes Regalite Expansion
03 February 2010 Eastman Chemical Company has completed the expansion of the Regalite hydrogenated hydrocarbon resin facility in the Netherlands. The Regalite resins will meet the growing demand for...

Sinopec Northwest Ramps up Production
03 February 2010 Sinopec plans to produce 5.6% more crude oil in its northwest oil field in 2010. The field will produce 6.97 million tonnes (139,400bpd) of crude this year, compared with 6.6 million...

InterOil Plans Extension at Antelope 2
02 February 2010 InterOil plans to drill a horizontal extension at Antelope-2 well in Papua New Guinea, after reaching a vertical depth of 2,465m to intersect a hydrocarbon column. The firm reached the...

JGC to Cut Emissions at Sasref
02 February 2010 Japan's JGC has announced that it will improve performance and cut harmful emissions at its 305,000bpd Saudi Aramco Shell Refinery (Sasref). The firm will carry out engineering, procurement...

HPCL Plans New Refinery
01 February 2010 Hindustan Petroleum (HPCL) is planning to set up a new 15mtpa refinery on India's west coast. The $3.9bn refinery will be built to compensate for the space constraint faced by its...

Deer Park Refinery Restarts Units
01 February 2010 The Deer Park refinery, a joint venture of Shell Oil and Pemex, is to restart five units involved in producing motor fuel. The refinery is restarting the hydroprocessing unit, coker, gas...

January 2010

Top

Australia Pacific Seeks Environmental Approval for LNG Project
29 January 2010 Australia Pacific LNG has sought environmental clearance from the Queensland Government for its A$35bn ($31.3bn) LNG export project with US ConocoPhillips. The company has submitted a...

Triton Energy to Acquire Oil and Gas Assets in Alberta
29 January 2010 Canada-based petroleum and natural gas producer Triton Energy said it will acquire oil and gas properties in West Central Alberta for C$45m (US$42.2m). The company expects to produce...

Eni-Led Group to Redevelop Zubair
28 January 2010 Eni, Occidental Petroleum and Korea Gas will redevelop the Zubair oil field in southern Iraq under a technical service contract with the Iraqi state-owned South Oil Company and Missan Oil as...

Exxon to Sell Cepu Gas to Indonesia
28 January 2010 ExxonMobil said it will develop gas reserves in the Cepu block and sell the gas to Indonesian consumers, including PLN and PT Perusahaan Gas Negara (PGN). In 2009, Exxon signed a Memorandum...

Chevron, Kyushu Electric Strike LNG Deals
27 January 2010 Chevron and Kyushu Electric have signed multiple deals for the delivery of liquefied natural gas (LNG) from the Chevron-operated Gorgon and Wheatstone natural gas projects. Under the...

Gulfsands to Develop Syrian Oil Field
27 January 2010 Gulfsands Petroleum has received government approval to develop the Yousefieh oil field in Syria. The oil field in Block 26 northeast Syria currently has three wells and production will...

Adgas to Start Gas Supply in Q2
26 January 2010 Abu Dhabi Gas Liquefaction Company (Adgas) plans to commission approximately 211 million cubic feet per day of gas production in the second quarter of 2010. The development will...

Shell to Sniff Oilfeilds From the Sky
26 January 2010 Royal Dutch Shell is working on an instrument that can sniff molecular signatures of trapped hydrocarbons floating in the air at concentrations of just ten parts per trillion. The instrument...

Petrochina Takes Over Statia Terminal Lease
26 January 2010 Petrochina has taken over the lease of the 5 million bbl of oil storage capacity at the NuStar Energy Statia terminal on the Caribbean island of St Eustatius from Saudi Aramco. The facility is...

China Approves Joint Venture Refinery
25 January 2010 China's National Development & Reform Commission has given approval for a joint venture refinery between CNPC and Venezuela's PDVSA. The approval allows the firms to undertake...

Petrochina Takes Over Statia Terminal Lease
25 January 2010 Petrochina has taken over the lease of the 5 million bbl of oil storage capacity at the NuStar Energy Statia terminal on St. Eustatius island from Saudi Aramco. The facility is a...

SASREF Control Facilities go Onstream
18 January 2010 Saudi Aramco Shell Refinery (SASREF) has opened its Central Control Room and the Instrumentation Master Plan (IMP) Project, following a major upgrade. The IMP upgrade includes replacement...

Crude Falls to $79
15 January 2010 Crude prices declined to $79 a barrel today on disappointing economic data and predictions of low heating demand in the US. For February delivery, US crude fell by 37¢ to $79.02 a barrel...

Growing Markets Secure Hydrocarbon Growth
15 January 2010 Brazil, China, India, Iran and Saudia Arabia are likely to see the highest growth in refining leading up to 2013, by which time they will make up 44% of the global refining capacity. In...

Shell Takes Stake in Egypt Block
14 January 2010 Shell Egypt said it has received government approval to buy a 40% stake in an oil and gas concession in Egypt's Western Desert. The company said that the current co-owners, GDF Suez...

Shell Shuts Down Ormen Lange
12 January 2010 Cold winter weather has forced Royal Dutch Shell to close the Ormen Lange gas field in Norway, temporarily halting output. A Shell spokeswoman told Bloomberg that the situation is...

Santos to Sell Gladstone LNG
11 January 2010 Australia's Santos said it is in talks to sell an equity stake in its Gladstone liquefied natural gas (LNG) export project, part of a move to boost growth. The company said it was...

Iran Petrochemical Output Exceeds 22 Million Tonnes
04 January 2010 Iran's petrochemical production from domestic petrochemical complexes reached 22.693 million tonnes for the period from 21 March 2009 to 27 December 2009. The Mahshahr Petrochemical Complex...

December 2009

Top

Season's Greetings as hydrocarbons-technology.com Breaks for the New Year
24 December 2009 The team at hydrocarbons-technology.com are breaking for the New Year holiday on 25 December. We will return with regular news updates on 4 January 2010. We would like to wish everyone...

Statoil Fined for Statfjord Oil Leak
23 December 2009 Norway's Statoil has been fined US$4.26m (NOK25m) for the Statfjord A loading buoy oil leak. The oil giant was fined by the Rogaland county public prosecutor. The amount of crude...

Sipchem Completes Acetyls Complex Full Operation
22 December 2009 The Saudi International Petrochemical Company (Sipchem) has completed the last step for full operation of the acetyls complex with the start-up of its vinyl acetate monomer (VAM) plant in...

ONGC to Raise $2.1bn for Unit Expansion
18 December 2009 India-based Oil & Natural Gas Corp's (ONGC) Mangalore Refinery & Petrochemicals (MRPL) plans to borrow $2.1bn to expand its refinery and build a petrochemical plant. ONGC's...

Kayan to Begin Petrochemical Operations
17 December 2009 Saudi Kayan Petrochemicals plans to commence operations at its primary units in its petrochemical complex in Jubail, Saudi Arabia in the second half of 2010. Kayan chairman Mutlaq...

Chevron Makes Australian Natural Gas Find
17 December 2009 Chevron Corporation, through its subsidiary Chevron Australia, has made a natural gas discovery in the Carnarvon Basin, offshore Western Australia. The exploration well, Satyr-1, located...

US Loses Out in Iraq Oil Auction
15 December 2009 US oil companies have been almost completely shut out of Iraq's second oil field auction as European and Asian companies won rights to develop the major fields. Major US oil companies...

Large-scale LNG Projects Necessary
09 December 2009 Increasing global demand for natural gas can be met by large-scale liquefied natural gas (LNG) projects, according to ExxonMobil. Speaking at a panel presentation at the International...

Ice Plugs in Leaky BP Line
07 December 2009 A pipeline that leaked oily material onto the tundra at BP's oil field in Alaska was filled with extensive ice plugs, state officials have announced. The ice build-up within the line...

Saudi Basic to Build New Petrochemical Plants
07 December 2009 Saudi Basic Industries Corp (SABIC) has announced plans to build new petrochemical plants. SABIC CEO Mohamed al-Mady said the company is planning to increase its production of petrochemicals...

Sibur Targets Iran for Petrochemical Expansion
01 December 2009 Sibur is in talks with the Iranian National Petrochemical Company (NPC) for the construction of petrochemical plants in Iran. Russian Energy Minister Sergei Shmatko said it is possible...

Cosmo Invests in South Korean Project
01 December 2009 Japan-based Cosmo Oil will make a $600m investment in a South Korean 50:50 joint petrochemical project with Hyundai Oilbank. Hyundai Oilbank will supply land and associated production...

November 2009

Top

Total Transfers Stake in Kharyaga
30 November 2009 Total has announced it will transfer a 10% stake in the Kharyaga oil field, Russia, to state-owned oil company Zarubezhneft. According to the agreement, Total will continue to function as...

India Opens New Oil Berth
27 November 2009 India's Union Minister for Shipping, GK Vasan, has laid the foundation stone for a 10m tonne oil berth for IndianOil Corporation Limited (IOC) at Paradip Port. The berth is estimated to...

China, Ecuador to Develop Oil
27 November 2009 China and Ecuador have joined forces to develop an oil block in Ecuador that contains proven reserves of 120.1m barrels of heavy crude. China's Sinopec International Petroleum and...

Shell Extends Gulf of Mexico and Kazakhstan Exploration
26 November 2009 Shell is planning to extend its exploration of oil in the US Gulf of Mexico and Kazakhstan in a bid to maintain production output. Shell's international production and exploration...

DUC North Sea Oil Output Falls
25 November 2009 The Danish Underground Consortium's (DUC) oil output from Denmark's section of the North Sea fell by almost 9% in October from September, operator AP Moller-Maersk said. Oil and...

Aker Signs Petrobras Subsea Deal
24 November 2009

Oman Predicts Oil at $70 to $80 a Barrel in 2010
24 November 2009 Oman expects oil prices to range between $70 and $80 a barrel in 2010, about 40% to 60% more than the $50 estimate the country is using to calculate its budget, Oman's national economy...

Statoil Prepares for Weak Gas Market
20 November 2009 Norway's Statoil says it is ready to face a weak gas market as forecast by the International Energy Agency (IEA). The IEA says that by 2015 the European gas market will weaken and gas...

Oil Prices Stable at Below $78
20 November 2009 Oil prices remained stable on Friday at below $78 a barrel after a stronger US dollar and low stock markets resulted in a 2% drop yesterday. December delivery for US crude increased by 29¢...

Marathon Identifies Areas of Growth
20 November 2009 Following a comprehensive report on its global operations and a review of its strategic future plans to shareholders, Marathon Oil Corporation has revealed its key areas of growth. Three...

Oil Price Nears $80 as Crude Stocks Fall
18 November 2009 US oil prices inched towards $80 a barrel today following the release of a report showing a decline in crude oil stocks last week, though gains were restricted by an uncertain outlook for...

Stogit Selects GE Oil & Gas for Northern Italy Gas Upgrades
18 November 2009 GE Oil & Gas technology has been selected by Stogit, a Snam Rete Gas company focused on gas storage and modulation services, to upgrade two gas storage facilities in Northern Italy. The...

Pemex Awards Veracruz Pipeline Project to Copavisa
18 November 2009 Mexico's state oil company Pemex has awarded a contract to Copavisa for the construction of pipelines for its Veracruz project. Copavisa won the tender for the project with a bid of $8.77m...

Taiwan-China Deal to Affect South Korean Petrochemicals
17 November 2009 The proposed trade deals between Taiwan and China will affect the South Korean petrochemicals industry, according to industry traders. The economic cooperation framework agreement (ECFA),...

Suncor Secures Funds for Growth
16 November 2009 Canada's Suncor Energy has said it will allocate C$5.5bn (US$5.23bn) towards its 2010 capital spending plan to boost projects and focus on oil sands operations. The plan, which has been...

PKN Orlen Shortlists Bidders for Anwil Sale
13 November 2009 Polish oil refiner PKN Orlen said it has shortlisted three potential buyers for its petrochemical company Anwil. PKN Orlen will receive final offers after due diligence of the unit by...

GAIL Looks to Revive Petrochemical Project
11 November 2009 Gas Authority of India Limited (GAIL) has initiated talks with domestic oil companies to establish a special purpose vehicle for developing an integrated refinery and petrochemicals plant in...

India's Andhra Petrochemicals to Enhance Plant Capacity
11 November 2009 India's Andhra Petrochemicals said it is implementing a modernisation-cum-optimisation programme at its oxo-alcohols facility to enhance its production capacity. The modernisation...

Low Oil Prices Hit Indonesian Oil and Gas Revenues
11 November 2009 Low oil prices affected Indonesia's oil and gas revenues in the first quarter of the year, the country's Energy and Mineral Resources Ministry has said. The ministry report says that oil...

Saudi Aramco Plans Gas Plant to Address Shortages
10 November 2009 Saudi Aramco says that it plans to build the largest gas plant in Saudi Arabia, where gas shortages and rising demand from utilities and industries are causing concern. Saudi Aramco's...

Pemex Signs Raw Material Supply Deal
10 November 2009 Mexican state oil company Pemex has signed an agreement with a consortium led by Brazil's Braskem to supply raw materials for a proposed petrochemicals plant in Mexico. According to...

Sumitomo and Saudi Aramco Complete Petrochemical JV
10 November 2009 Japan's Sumitomo Chemical and Saudi Arabian Oil Co (Saudi Aramco) have formally announced the completion of their major petrochemical plant in Rabigh, Saudi Arabia. The ¥1tr (about $33bn)...

Oil Falls Below $79 as Ida is Downgraded
10 November 2009 Oil fell below $79 a barrel on 10 November as tropical storm Ide was downgraded from a hurricane and forecasts predicted US crude stockpiles to rise. US crude for December delivery fell...

Petkim Awards Ethylene Project Contract to Shaw
10 November 2009 Turkey's Petkim Petrochemical has awarded an engineering and procurement services contract to US engineering firm The Shaw Group to expand the capacity of its ethylene plant in Aliaga,...

Gulf Production Stops as Ida Nears
09 November 2009 A number of oil and gas companies operating in the central Gulf of Mexico are shutting down production as Hurricane Ida leaves behind a trail of destruction in El Salvador and heads for the US...

Ida Raises Sea Level and Oil Price as it Approaches Gulf
09 November 2009 The price of oil rose to $78 today – $1 up on yesterday – on fears Hurricane Ida could seriously affect production at US rigs and refineries at the Gulf of Mexico. Analysts...

Texas Regulator Fines Two Petrochemical Companies
06 November 2009 The Texas Commission on Environmental Quality in the US has imposed fines on petrochemical companies Ineos and Chevron Phillips Chemical for emission and record-keeping violations. ...

Pemex Restarts Mexican Unit
06 November 2009 Mexican state oil company Petroleos Mexicanos (Pemex) said it will restart acrylonitrile production at a petrochemicals plant in Mexico under an agreement with Brazilian firm Unigel. ...

Statoil Teams Up With China in Gulf of Mexico
05 November 2009 Norway's Statoil has agreed to sell part of its interests in the US Gulf of Mexico to the China National Offshore Oil Corporation (CNOCC), the company announced today. Statoil spokesman...

Apache Profit Drops but Production Rises
02 November 2009 US-based oil and gas explorer Apache's net income for the third quarter stood at $441m, representing a 63% drop from $1.2bn in the same period last year, but future growth and “record...

StatoilHydro Launches New Brand
02 November 2009 Norwegian energy giant StatoilHydro today launched a new brand identity, shortening its name to Statoil, represented by a single star to symbolise its journey towards becoming a global player,...

October 2009

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India and Oman Study Under-Sea Gas Pipeline
30 October 2009 India and Oman are continuing to study the possibility of an under-the-sea pipeline that could provide for New Delhi’s energy requirements in a big way, an Oman spokesperson said. ...

Lukoil Restarts Crude Processing at Odessa Refinery
30 October 2009 Lukoil will restart crude processing at its Odessa refinery in Ukraine in early November after a month-long suspension. The plant will receive 205,000t (1.5 million barrels) of Urals...

GRS Gets Approval to Build California Storage Facility
30 October 2009 Gill Ranch Storage (GRS) has received approval to construct and operate an underground natural gas storage facility near Fresno, California. The wholly owned subsidiary of Northwest Natural...

Sinopec Profit May Fall
30 October 2009 China Petroleum & Chemical Corp's (Sinopec) profit fell from a record in the second quarter and may decline further, analysts said. Asia’s biggest oil refiner reported a third-quarter...

Oil Set for Monthly Rise on US Demand Optimism
30 October 2009 Crude oil is poised for its biggest gain in five months after a report showed the US economy grew in the third quarter, spurring optimism that fuel demand would increase. Oil rose...

Chevron to Ramp up Angola Production
29 October 2009 Chevron's crude oil output in Angola will increase by 25% by 2011 with new finds expected to further boost the country's oil production, Chevron has announced. Chevron, a key oil producer...

Shell to Cut Jobs as Profits Tumble
29 October 2009 Europe's largest oil company Shell reported a 62% plunge in third-quarter earnings, adding that a “quick recovery” in energy demand and prices looked unlikely. Net income fell to $3.25bn...

BG Q3 Output Falls
28 October 2009 British gas producer BG Group has posted a smaller-than-expected rise in output but a lower-than-forecast drop in third-quarter profits. BG said that production grew by 5% in the quarter...

Oil Edges Near $79 on Weak Equities
28 October 2009 Oil edged down towards $79 a barrel on Wednesday on weaker Asian equities and a steady dollar. Losses were limited, however, after industry data showed a surprise large drawdown in US...

Libya Reinstates Ghanem as NOC Chairman
28 October 2009 National Oil Corporation of Libya (NOC) has reappointed Shokri Ghanem as chairman of the company, an unexpected return to the top oil post in Libya. Ghanem was chairman of NOC from 2006 and...

Oil Price Hovers at Less Than $79
27 October 2009 The price of oil steadied at less than $79 a barrel on Tuesday, pausing after three straight days of decline. US crude for December delivery edged up $0.10 to $78.78 a barrel by 06.14...

Molopo Starts Canada Oil Development
27 October 2009 Molopo Australia, a company engaged in petroleum exploration and production of coalbed methane (CBM), has completed its first month of oil production and sales as an operating company in Canada. ...

BP Beats Forecasts Despite 50% Q3 Profit Drop
27 October 2009 BP's third-quarter profits have more than halved from a year ago, hurt by lower oil and gas prices. Replacement cost profit between July and September fell 50% to $4.98bn (£3bn), down...

Saudi Arabia Postpones Tender Deadline For Jizan Refinery
27 October 2009 Saudi Arabia has extended the final date for the submission of bids to construct a crude oil refinery with capacity of about 400,000 barrels per day (bpd) to 7 November 2009. The tender for...

Opec to Raise Output if Oil Hits $100
26 October 2009 Opec ministers will raise output to protect the global economic recovery at a meeting in December if oil prices rise to $100 per barrel, the group's president has announced. Jose Botelho...

Rising Oil Price Turns On Production Targets
23 October 2009 The continuing rise of oil prices could lead to an increase in output targets, according to members of the Organization of Petroleum Exporting Countries (Opec). Oil prices for New York...

CNOOC Receives Qatar LNG Shipment
22 October 2009 State-owned China National Offshore Oil Corporation (CNOOC) has received its first cargo of liquefied natural gas from Qatar, according to Chinese newspaper reports. The first shipment, of...

BHP on Track to Deliver Growth in Oil Output
22 October 2009 BHP Billiton is on track to deliver a 10% compound annual growth in petroleum production for the 2010 financial year, the company has announced. High growth in petroleum output was achieved...

Bangladesh Erects Subsea Pipe for Tankers
15 October 2009 India’s state-run Bangladesh Petroleum Corporation (BPC) plans to erect a $132m, 65km subsea pipeline across the Bay of Bengal to decrease the amount time taken for unloading crude and refined...

China and Russia Sign Major Gas Deal
14 October 2009 China National Petroleum and Russia's state-run natural gas monopoly Gazprom have signed a framework deal for the supply of natural gas to power-hungry China. The agreement entails a...

Sinopec to Start Petrochemical Complex
13 October 2009 Chinese company Sinopec plans to start its $3.66bn (¥25bn) petrochemical complex in eastern China's Zhejiang province next year, it has been announced. The complex will produce 1...

Hyundai Wins Gorgon LNG Deal
12 October 2009 South Korean shipbuilder Hyundai Heavy Industries has won a $1bn contract to fabricate 175,000t of liquefaction train modules for Chevron's Gorgon LNG project in Western Australia. The...

Shell Cuts Output at Brent Charlie Following Leak
08 October 2009 Shell has cut output at its Brent Charlie platform in the North Sea following a hydrocarbons leak detected on 30 September. Shell was issued a prohibition notice from the Health &...

ConocoPhilips Predicts Drop in Q3 Profits
06 October 2009 ConocoPhilips is anticipating poor exploration and production results in the third quarter of 2009 due to low natural gas prices in North America, the company has announced. According to the...

September 2009

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Korea's KNOC and Sinopec Sign Oil Accord
25 September 2009 Korea's state-run oil company Korea National Oil Corp (KNOC) said that it has agreed to cooperate in overseas oil exploration, production and trading with oil refiner Sinopec Group. KNOC...

Vietnam Petrochemical Plant Underway
25 September 2009 Kuwait's proposed joint venture petrochemical refinery complex in Vietnam is to go ahead as planned, according to government officials. The complex, worth $6bn, was inspected by Kuwaiti...

PetroChina's $4bn Complex Starts Operation
22 September 2009 Chinese oil company PetroChina has started operations at its ¥30bn ($4bn) refining and chemical complex at Dushanzi in Xinjiang's northwestern province to boost the country's energy...

France Eyes Stake in Gazprom Pipeline
15 September 2009 French energy giant EDF could take a 10% stake in Gazprom's South Stream pipeline, giving France a role in both new Russian gas links to Europe, according to Russian news reports. ...

Shell Plans Floating Oz LNG Facility
14 September 2009 Anglo Dutch major Shell may be the first company to build a floating liquefied natural gas (LNG) plant off northern Australia, according to an energy consultant. Shell, Inpex and Santos...

Chevron Secures Sales Deals for Gorgon LNG
10 September 2009 Chevron's Australian subsidiaries have secured three long-term sales and purchase agreements (SPAs) for the company's share of liquefied natural gas (LNG) in the Gorgon project, Australia. ...

Sinopec to Double Fujian Refinery Capacity
10 September 2009 Sinopec has announced its plans to double the refining capacity of its joint venture company Fujian Refining & Petrochemical in China at an estimated cost of ¥24bn ($3.51bn). ...

Microbes Shine New Light on Oil Sands
08 September 2009 Microbiologists in the UK have discovered a new technique that can be used in refining crude oil to eliminate pollution during oil extraction from tar sands. The research by the...

Baker Hughes to Open Oilfield Facilities in Canada
07 September 2009 Oilfield services company Baker Hughes has announced it will open a purpose-built oilfield chemicals plant and a multi-purpose operations centre in Canada by October 2009. The 41,000 f2...

Monthly Ethylene Contracts Rise
02 September 2009 The rise in the cost of naphtha and high demand for ethylene derivatives in August led September ethylene contracts in Europe to rise by €80 a ton, according to the International...

August 2009

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Arrow Announces Queensland Gas Project for LNG Production
27 August 2009 Royal Dutch Shell's partner in Australia, Arrow Energy, has said that it will spend $251m on a coal-seam gas production project that will feed into Shell’s Curtis Island and Fisherman’s Landing...

India Considers Construction of $5.1bn Gas Plant in Iran
26 August 2009 India is trying to convince Iran to allow it to build a $5.1bn, 5,000MW natural gas-fired power station in Iran, to help it overcome a mass energy shortage, Indian Power Secretary HS Brahma said. ...

Iraq Declares Opec Output Rise Unncessary
25 August 2009 Iraqi Oil Minister Hussain al-Shahristani has said that there is no need to increase oil production in the upcoming meeting in September. Shahristani said that crude reserve levels are higher...

Santos Eyes Timor Sea LNG
21 August 2009 Australian energy company Santos has sold a 60% stake in three gas fields in Darwin to French energy company GDF Suez as part of the joint venture agreement targeting the expansion of a...

Cairn and ONGC to Invest in Indian Oil Fields
20 August 2009 Cairn India and its joint venture partner Oil and Natural Gas Corporation (ONGC) will invest Rs200bn ($4bn) by 2011 to boost production at Barmer oil fields in the Indian state of Rajasthan,...

Technip Bags Indonesia Oil Recovery Project
19 August 2009 PT Chevron Pacific Indonesia has awarded Technip a services contract for its Minas field in Sumatra. Technip's Jakarta centre will provide engineering, project management,...

Pemex Requires Strong Oil Price to Keep Investments Afloat
17 August 2009 The success of Mexico's state-owned Petroleos Mexicanos' (Pemex) investment plans relies on a strong oil price, Mexican Energy Minister and the company's chairwoman Georgina Kessel told...

Statoil Plans Norwegian Plant Stoppage
17 August 2009 Norwegian energy company StatoilHydro will shut its Hammerfest LNG plant at Melkoya, Norway, for three months, starting 15 August, for upgrading and maintenance work. The work will help the...

Russia Deploys Army at Key Energy Export Routes
14 August 2009 Russia, the world’s second largest oil exporter, has engaged its army to protect its key oil and gas export routes in the wake of possible terror threats. The army, in action since Monday,...

Shell Awards Floating LNG Contracts
12 August 2009 Shell has signed an agreement with Technip and Samsung consortium to design, construct and install floating liquefied natural gas (FLNG) facilities. The consortium will facilitate the company...

Typhoon wrecks CPC gas pipeline
11 August 2009 Typhoon Morakot has ruptured a liquefied natural gas pipeline and obstructed the supplies from another serving customers in southern Taiwan, according to officials at CPC Corporation. The...

India Launches Largest Oil and Gas Block Auction
10 August 2009 India started its auction for the delayed eighth round of oil and gas blocks on 8 August, targeting $3bn in exploration investments under its new exploration and licensing policy...

Transgaz Records Profit Rise
10 August 2009 Romanian state-owned gas pipeline operator Transgaz, a partner in the Nobucco gas pipeline project, reported a net profit of $58m (170m lei) for the first half of 2009-10, an 18.5% increase on...

Transgaz Reports Profit Rise
10 August 2009 Romanian state-owned gas pipeline operator Transgaz, a partner in the Nobucco gas pipeline project, reported a net profit of $58m (170m lei) for the first half of 2009-10, an 18.5% increase on...

Workers Injured in "Serious" Accident at Total Petrochemicals Plant
05 August 2009 Total has reported a "serious" accident at its Petrochemicals plant in Gonfreville, France, where two employees and two contractors were injured. In a statement Total said that...

Linc Energy and Aker Solutions Sign Gas Deal
05 August 2009 Australia’s Linc Energy has struck a deal with Norway’s Aker Solutions to jointly develop the design of Linc's proposed 20,000bpd commercial gas-to-liquids facility planned for South Australia. ...

Sinopec Denies Seeking Change to Oil Price System
03 August 2009 China's leading state-controlled oil and gas company Sinopec Group has denied reports that it sought changes in the oil pricing mechanism, which allows for official oil price changes to...

July 2009

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BP and Irving Scrap Canada Refinery Plan
28 July 2009 BP and Irving Oil have decided to scrap their plans for the proposed second refinery at Saint John in Canada, due to economic difficulties brought about by the recession. The companies said...

Formosa to Build $12.4bn Petrochemical Project in Vietnam
24 July 2009 Taiwan's Formosa plans to build a petrochemical and oil refinery complex in Vung Ang Economic Zone in the central province of Ha Tinh in Vietnam. The US$12.4bn project has a production...

Sinopec H1 2009 Refinery Output Up by Almost 2%
23 July 2009 China Petroleum and Chemical Corporation (Sinopec), said that crude oil processing for the first half of 2009 has increased by 1.8% to 86.9 million tons compared with the first half of...

Yemen to Build New Oil Refinery
21 July 2009 The Yemeni Government is geared up to construct a new refinery in its port city of Aden, the local Saba News Agency reported. It will replace the previous refinery to cope with the growing...

China Energy Companies to Build LNG Terminals at Nine Ports
21 July 2009 Chinese state-owned companies China National Offshore Oil Corporation (CNOOC), Sinopec and PetroChina intend to construct LNG import terminals in nine Chinese ports in the next ten years to...

Crude Oil for August Delivery Trades At $61.40 a Barrel
16 July 2009 Crude oil was slightly changed after rising on 15 July as equities rallied and China’s economy showed indications of rebounding from its weakest growth in almost a decade, Bloomberg...

Jordan’s Crude Imports Down by Nearly 65%
15 July 2009 Jordan’s crude oil imports amounted to JOD312m in the first five months of 2009, down 64.7% compared with JOD884.4m a year ago, the Jordan Times reported. According to the country's...

Saudi Aramco and Total Award $9.6bn in Contracts
09 July 2009 Saudi Aramco and Total have awarded engineering, procurement and contracting (EPC) contracts worth $9.6bn, Arab News reported. The contracts have been awarded to 13 companies for...

Nigeria’s Oil Production to Hit Nearly 3 Million Bpd by 2014
07 July 2009 Nigeria’s crude oil production capacity is expected to decline to 2.46 million barrels per day (bpd) by 2014 from 2.48 million bpd in 2008. The figures follow more attacks by militants in...

CNOC and Total Add Processing to Oil Bid
06 July 2009 The Washington Post reported on 6 July that France’s Total and China National Petroleum Corp have placed bids for two heavy-oil blocks being auctioned in Venezuela. It is unknown...

CNPC Starts Work on Oil Pipeline in South-Western Chad
03 July 2009 China National Petroleum Corporation (CNPC), the parent of PetroChina Company, has begun work on an oil pipeline in south-western Chad, according to state media reports. Crude oil will...

June 2009

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Sinopec to Acquire Addax Petroleum for C$8.27bn
26 June 2009 China state-owned oil refiner China Petroleum and Chemicals Corporation (Sinopec) has sealed a C$8.27bn (US$7.2bn) takeover deal to acquire Swiss oil explorer Addax Petroleum. The deal...

Blue Energy to Undertake Australian Galilee Pipeline Study
23 June 2009 Blue Energy has commissioned Resource & Land Management Services (RLMS) to undertake a gas pipeline route study from its Galilee basin acreage (ATP813P) to several potential liquefied...

PetroChina to Invest in Ineos Scottish Refinery
22 June 2009 PetroChina is in negotiations with British chemical company Ineos Group to acquire a stake in Grangemouth refinery, Bloomberg reports. If finalised the deal, which was revealed by a...

Crude Oil Drops on Concern Fuel Supply Will Rise
22 June 2009 Crude oil dropped in New York for the second day on concerns that US gasoline stockpiles may rise because of weak demand during the recession, Bloomberg reported. Crude oil for July...

Salamander Spuds Indonesian Exploration Well
19 June 2009 Oil and gas explorer Salamander Energy has spudded the South Sebuku-1 (SS-1) exploration well in East Kalimantan, Indonesia. The company said that the well could hold an estimated 30...

SATORP to Tender Jubail Refinery Deals
18 June 2009 Saudi Aramco Total Refining and Petrochemical Company (SATORP) has finalised plans to award Engineering, Procurement and Construction (EPC) contracts for its Jubail joint venture refinery. ...

Indonesia Offers 24 Oil and Gas Blocks for Exploration
18 June 2009 The Indonesian Government has formally opened bids for 24 new oil and gas blocks, the Director General of Oil and Gas Evita Legowo announced. Offshore blocks situated in South Sulawesi,...

ExxonMobil Completes Expansion of Pegasus Pipeline
18 June 2009 ExxonMobil Pipeline Company's Mobil Pipe Line Company has finished the expansion of the 858-mile Pegasus pipeline that operates from Patoka, Illinois to Nederland, Texas in the US. Capacity...

SIPEC, NNPC Find Oil in Nigerian Delta
17 June 2009 SIPEC, a subsidiary of China Petroleum & Chemical Corporation, and Nigerian Petroleum Development Company (NPDC) have jointly found crude in the Kakaku-1 well in oil mining lease (OML) 64 in...

China Poised to Start Burma Pipeline
16 June 2009 China has announced it will build oil and gas pipelines through Myanmar (Burma) in September to shorten the journey time for crude imports from the Middle East and Africa. The construction...

Perupetro To Conduct New E&P Round
15 June 2009 Peru's state hydrocarbons promotion agency, Perupetro, plans to initiate a new round of exploration and production (E&P) at the end of the June 2009, it has been revealed. About 17-19...

Russia, Kazakhstan to Join Neka-Jask Oil Pipeline Project
12 June 2009 Russia and Kazakhstan could also take part in the 970-mile Neka-Jask oil pipeline that will connect the Caspian port of Neka and Jask in the Sea of Oman to regional oil providers. If...

S-Oil Invests in Asian Refinery Expansion
11 June 2009 South Korea’s S-Oil is to invest KRW1.4tn ($1.1bn) to finish expanding its Onsan factory in Ulsan, South Korea, to meet a growing demand for petrochemical products from across Asia. S-Oil...

Socar Oil Refining Falls
08 June 2009 The state oil company of the Azerbaijan Republic, Socar, has announced a decrease in oil refining by 7.3% in May. During the month, 474,220t of oil was refined, compared with 511,690t in...

Clough Secures PNG LNG Deal
05 June 2009 Engineering and construction company Clough Curtain JV has struck a deal with Esso Highlands, a subsidiary of Exxon Mobil Corporation, for a liquid natural gas project (LNG) project in Papua...

Jacobs Engineering Expands BP's Whiting Refinery US Project
03 June 2009 Jacobs Engineering is increasing its responsibility to include construction management (CM) services for the Whiting refinery modernisation project for BP Products North America. This...

Nigeria to Boost Domestic Gas Supply by 2013
01 June 2009 Nigerian National Petroleum Company (NNPC) said that Nigeria is planning to add five billion cubic feet per day (cfd) to local gas supply by 2013. Nigeria suffers from chronic power...

May 2009

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Vietnam to Produce 400,000 Barrels of Oil Per Day Until 2030, Says US
29 May 2009 The US Government has said that Vietnam may produce an average of about 400,000 barrels of oil a day until at least 2030. The US has suggested Vietnam should cease a four-year decrease...

Vopak to Build New Storage Terminal in Amsterdam Port
28 May 2009 Royal Vopak (Vopak), a tank terminal operator, has taken the final investment decision to build and operate a new storage terminal for oil products in the Port of Amsterdam. The new...

CNOOC Takes Delivery of LNG Shipment from Indonesia
28 May 2009 CNOOC has received delivery of the first liquefied natural gas (LNG) shipment from Indonesia in the southern area of Fujian province. Under a 25-year contract signed by CNOOC and Indonesia,...

UK Refinery Hit by Walkout Over Labour Row
20 May 2009 Hundreds of workers have walked out of a UK oil refinery in protest over the hiring of local labour at two plants in Wales. The unofficial action began on Tuesday when contract workers at...

April 2009

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Carbon Capture Natural Process in Oil and Gas Fields
03 April 2009 Carbon capture and storage has been found to be a natural process in oil and gas fields according to a report in science journal Nature, which says CO2 injected into an oil and gas field...

March 2009

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Total Found Liable for Buncefield Blast
20 March 2009 Oil major Total must pay damages caused by an explosion at the Buncefield oil depot in Herfordshire, the High Court has ruled. The site, in Hemel Hemstead, England, was the scene of an...

January 2009

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November 2008

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September 2008

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StatoilHydro Points to Future Hydrocarbon Resources in the Arctic
12 September 2008 Norwegian oil and gas company StatoilHydro has reiterated its focus on the hydrocarbon resources in the Arctic and the need to nurture new technology to access these resources. In October...

July 2008

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US Chemical Sector Likely to See New Wave of Deals
16 July 2008 The US chemical sector is likely to see a new wave of deals in coming months, driven by strategic buyers looking to build a more profitable and streamlined portfolio of assets. ...


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