News

Tethys Petroleum completes farm-out deal in Bokhtar PSC in Tajikistan
Wednesday, June 19, 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
Tuesday, June 18, 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
Tuesday, June 18, 2013 Cabinda Gulf Oil Company, a subsidiary of energy corporation Chevron, has commenced liquefied natural gas (LNG) production at the Angola LNG...

Constitution Pipeline seeks approval to build natural gas pipeline in northeastern Pennsylvania
Monday, June 17, 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,...

Centrica buys 25% stake in Bowland exploration licence in England
Monday, June 17, 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...

Libya, Tunisia sign oil and gas supply agreement
Friday, June 14, 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
Friday, June 14, 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
Thursday, June 13, 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
Thursday, June 13, 2013 Petronas is planning to invest around $20bn in its liquefied natural gas export project in west...

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

GE to supply Waukesha gas engines to Howard Midstream Energy Partners
Wednesday, June 12, 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...

Atlas Resource Partners to acquire gas reserves from EP Energy
Tuesday, June 11, 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
Tuesday, June 11, 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
Monday, June 10, 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
Monday, June 10, 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
Friday, June 07, 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
Friday, June 07, 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
Thursday, June 06, 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
Thursday, June 06, 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
Wednesday, June 05, 2013 Pieridae Energy has signed a long-term sales agreement with E.ON Global Commodities SE (E.ON), a subsidiary of...