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BG Group reports 19% rise in 2011 operating profits Friday, February 10, 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...

Japan to reduce oil dependency on Iran Monday, January 16, 2012 The Japanese Government is to gradually cut its dependency on oil imports from Iran....

Centrica, Qatar Petroleum to pursue energy investments Wednesday, December 07, 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...

FMC Technologies, Anadarko sign global alliance deal Tuesday, December 06, 2011 FMC Technologies has entered a global alliance agreement with Anadarko Petroleum to provide subsea systems and...

EGPI, Paradigm to form joint venture for T-EOR technology Wednesday, September 14, 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)...

TAP submits authorisation application for gas pipeline in Italy Monday, September 12, 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...

Santos to Acquire Eastern Star Gas Wednesday, July 20, 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...

Foster Wheeler, SOCAR to Form Joint Venture in Azerbaijan Tuesday, July 19, 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...

ERHC Signs PSC for Chad Oil Blocks Monday, July 11, 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...

ETE to Acquire Southern Union for $8.9bn Friday, July 08, 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...

Falcon Signs Beetaloo Deal with Hess Australia Wednesday, May 04, 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...

Chesapeake to Acquire Bronco for $315m Tuesday, April 19, 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...

Foster Wheeler to Conduct Feasibility Study on Bahrain LPG Facilities Friday, April 15, 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 Thursday, April 14, 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 Thursday, April 14, 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 Wednesday, April 13, 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. ...

Norwest Energy to Conduct Survey of Northern Perth Basin Monday, April 11, 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 Monday, April 11, 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...

Legacy to Acquire Permian Basin Natural Gas Properties Friday, April 08, 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....

TAG Discovers Light Oil, Gas in New Zealand Permits Thursday, April 07, 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. ...

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