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September 2015

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Alberta Energy Regulator suspends 95 pipelines for Nexen Energy in Canada
01 September 2015 Energy regulator in the province of Alberta, Canada has directed CNOOC subsidiary Nexen Energy to shut operations for 95 pipelines in northeastern parts of the...

Schlumberger partners with IBM to offer integrated services to upstream oil and gas industry
01 September 2015 US based firms Schlumberger and IBM have joined forces to offer integrated services for upstream oil and gas sector which are expected to improve production operations....

August 2015

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Petrobras needs another $4.3bn for Comperj refinery project in Brazil
28 August 2015 Petroleo Brasileiro (Petrobras) will need an additional investment of $4.3bn for completing development of Comperj refinery project which is located at Itaboraí, outside the city of Rio de...

Russia to supply liquefied natural gas to Egypt
28 August 2015 State-owned energy entities Rosneft from Russia and Egyptian Natural Gas Holding (Egas) have signed a Master LNG supply and purchase agreement which marks the entry of the Russian oil giant...

Siemens to deliver compressor trains at LNG project in Louisiana, US
27 August 2015 German engineering giant Siemens has won a contract from Magnolia LNG for delivering initial ten compressor trains for a liquefied natural gas (LNG) project in Louisiana,...

Cairn India to raise crude oil production and natural gas transportation capacity
27 August 2015 Cairn India is reportedly planning to increase its crude oil and natural gas carrying capacity by developing a new gas pipeline connecting its assets in Barmer, Rajasthan, which is expected to...

Stolt LNGaz project receives approval from provincial government in Canada
26 August 2015 The Quebec Government has approved the Stolt LNGaz project which includes plans to develop a natural gas liquefaction plant in Bécancour, Canada and is valued at C$800m...

Indian Government raises $1.4bn through sale of 10% stake in Indian Oil
26 August 2015 The Government of India has sold 10% of its stake in state-owned oil giant Indian Oil (IOC) for Rs93.79bn...

Foreign Investors may fund development of petrochemical projects in Chabahar
25 August 2015 Iran is set to welcome foreign investments in order to turn the $11bn Chabahar Petrochemical Complex in Sistan Balouchestan province into a petrochemical hub in the...

Southern Company to take over natural-gas company AGL Resources for $12bn
25 August 2015 US-based Southern Company has agreed to acquire natural gas distribution company AGL Resources for an approximate $12bn, including around $8bn in total...

Shell teams up with Thai firms to develop LNG terminal in Myanmar
24 August 2015 Royal Dutch Shell has signed a joint development agreement with Italian-Thai Development and LNG Plus International to set up liquefied natural gas (LNG) terminal in Tanintharyi Region,...

GAIL starts negotiation to revive a $22bn LNG purchase deal with Iran
24 August 2015 State-owned Gas Authority of India (GAIL) has started negotiating with Iran to revive a $22bn liquefied natural gas (LNG) supply contract which was signed on 13 June...

AWE raises gas reserve estimate at Perth Basin in Western Australia to 721bcf
21 August 2015 Oil and gas exploration and production firm AWE has announced initial 2P Reserves and upgraded 2C Contingent Resource estimates for the Waitsia gas field located at the Perth Basin in...

Petronas acquires 50% stake in MLNG Dua facility from Shell
21 August 2015 Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) has acquired a 50% stake in the MLNG Dua liquefied natural gas (LNG) plant from Royal Dutch...

EPA proposes new rules to cut down methane emissions from oil and gas industry
20 August 2015 US Environmental Protection Agency (EPA) has proposed new standards to reduce methane and volatile organic compounds (VOC) emissions from the oil and natural gas...

Japanese energy firms start joint study for shale gas development in British Columbia, Canada
20 August 2015 Japan Oil, Gas and Metals National Corporation (JOGMEC) and Inpex have started a joint study which is focused on shale gas development in the Horn River, Liard, and Cordova areas in...

Shell forms joint venture with Guanghui Energy for Qidong LNG terminal in China
19 August 2015 Royal Dutch Shell has signed a non-binding framework agreement with Guanghui Energy to jointly purchase and distribute liquefied natural gas (LNG) through a terminal which is being built by...

UK to offer exploration rights for 27 onshore oil and gas blocks
19 August 2015 Oil & Gas Authority (OGA) in the UK intends to offer development rights for 27 onshore blocks as a part of the country’s 14th onshore oil and gas licensing...

US lifts 40 year long export ban, approves limited crude exchange with Mexico
18 August 2015 US Department of Commerce has granted approval for limited crude oil trading with Mexico, lifting a four decade long...

Pieridae Energy receives import and export licenses for Goldboro LNG project in Canada
18 August 2015 Pieridae Energy has received approval from National Energy Board of Canada to import natural gas from the US and export liquefied natural gas (LNG) from the proposed Goldboro terminal in Nova...

Saipem consortium secures $1.57bn Kuwait’s oil refinery contract
17 August 2015 A consortium comprising of Italy-based Saipem and Isar Energy has secured a new $1.57bn contract to work on the proposed Al-Zour oil refinery in...