9 February 2012
BG Group reports 19% rise in 2011 operating profits
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 programme.
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9 February 2012
Copano Energy to extend Eagle Ford shale pipeline
US-based Copano Energy will spend around $120m on the extension of its wholly-owned 96-mile DK Pipeline in the Eagle Ford shale play.
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8 February 2012
Transcorp and partners agree on revised terms of Nigerian licence farm-in
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 licence 281 (OPL...
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8 February 2012
Total to sell stake in Colombian assets to Sinochem
French oil company Total has entered into an agreement with Chinese state-run Sinochem to sell interests in oil field and pipeline assets in Colombia.
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7 February 2012
Indian Oil Corporation to invest $1.5bn to expand pipeline network
Indian Oil Corporation (IOC) has unveiled plans to invest $1.57bn by 2015 to expand its pipeline network.
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7 February 2012
Southcross expands capacity to serve Eagle Ford shale producers
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 Shale...
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6 February 2012
Senex Energy discovers new oil at Cooper Basin well
Senex Energy has announced the discovery of new oil on the western flank of the South Australian Cooper Basin.
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6 February 2012
EnerJex begins well drilling programme in Kansas
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 Kansas.
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5 February 2012
Petroceltic divests stake in Algerian production sharing contract
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 Trade.
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5 February 2012
Wentworth starts drilling at fifth well in Mnazi Bay, Tanzania
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, Tanzania.