Cadogan Petroleum, an oil and gas company operating in Ukraine announced yesterday that it has inked with the major Italian energy firm Eni a strategic agreement for the acquisition of an interest in the company's Pokrovskoe and Zagoryanska licenses in the east of Ukraine, both licenses being located in the Dniepr-Donetz basin.
read more... 14/04/2011
U.S. crude oil futures saw little change on Tuesday in the post-settlement trade, after the American Petroleum Institute data revealed a slightly more than expected increase of oil inventories, while gasoline stocks fell much more as forecasted.
read more... 13/04/2011
Gazprom and Anglo-Dutch oil major Shell have consolidated their partnership by discussing joint projects in West Siberia and the modalities to increase liquefied natural gas (LNG) deliveries to quake-hit Japan from the Sakhalin-II project, Gazprom said on Tuesday.
read more... 13/04/2011
Norway’s biggest oil and gas producer Statoil has initiated investigation operations at the Visund field in the North Sea following the gas leak that occurred over the weekend.
read more... 12/04/2011
Chevron declared on Sunday that Royal Dutch Shell is taking a stake in Chevron's Wheatstone liquefied natural gas project in Australia.
read more... 11/04/2011