Latest news
BG Group and Tokyo Gas sign a 20 year LNG supply deal
BG Group has inked a sales agreement with Tokyo Gas, a Japan-based company for the supply of 1.2 million tones of liquefied natural gas (LNG) per year for 20 years starting from 2015.
read more... 09/03/2011
Petrofac reports its net profit final results
Petrofac, oil & gas services company has registered a 26% increase in profit in 2010, despite the unrests from the Middle East, exceeding its profit expectations and forecasting its net profit to rise at least 15% in 2011.
read more... 08/03/2011
PetroChina puts into operation a new gas pipeline
According to China Petroleum Daily reports, PetroChina put into the operation a new pipeline on Wednesday, called Qinhuangdao-Shenyang , which will allow the major energy supplier to diversify its regional productions.
read more... 08/03/2011
Shell eyes shale gas search in South Africa’s Karoo Basin
The oil major Royal Dutch Shell announced that they intend to explore the large Karoo Basin in South Africa to search for shale deposits.
read more... 07/03/2011
Total agrees to purchase a $4 billion stake in Novatek
Total, the third biggest oil company in Europe, agreed to pay $4 billion for a stake in Novatek and for joining the Arctic gas project.
read more... 07/03/2011