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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 Uzbekistan.
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 Brazil.
The Bulgarian Government has banned exploratory drilling for shale gas using the hydraulic fracturing extraction technique because of concerns over environmental issues.
Canada-based Vermilion Energy has completed its acquisition of working interests in six French oil-producing fields from Total E&P France.
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 Services.
Petrobras has completed the drilling of two wells in the Rio Grande do Norte region of Brazil using AGR's Enhanced Drilling Solutions.
Europa Oil & Gas is to relinquish its 28.75% working interest in the EIII-1 Brodina concession in northern Romania.
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 Queensland, Australia.
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 wells.
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 Colorado.
