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Gazprom signs a 2 year LNG sales-purchase agreement with Gujarat State Petroleum

Gazprom Marketing & Trading Ltd (GM&T) branch in Singapore and India’s Gujarat State Petroleum Corporation (GSPC) have concluded an agreement for the sale and purchase of Liquefied Natural Gas (LNG).

read more... 12/01/2011

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U.K. to intensify the number of oil and gas inspections in the North Sea

The U.K. government said Tuesday it will further enhance the number of inspections of oil and gas rigs operating in the North Sea as a consequence of the oil leak from the Gulf of Mexico.

read more... 12/01/2011

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Japanese giant traders target Russia’s Yamal LNG Project

The Japanese firms, Mitsui and Mitsubishi want to join in the liquefied gas field project on Russia's Yamal Peninsula on the Arctic Ocean. The Yamal Peninsula is situated in the middle of the Russian coast on the Arctic Ocean, a convenient location for exporting liquefied natural gas both to Europe and the Far East.

read more... 11/01/2011

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A new oil auction in Iraq

Iraqi head of Petroleum Contracts and Licensing Directorate, Mahdi Al Ameedi, said that Iraq plans a fourth licensing auction that will grant international companies a number of oil and gas exploration contracts, reported Gulf News. Ameedi did not mention how many oil and gas fields would be included in the auction.

read more... 10/01/2011

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Iran targets the European gas market via Turkish pipeline

Mr. Masoud Mirkazemi, the Iranian oil minister and Mr. Taner Yildiz, Turkish energy and natural resources minister met in Tehran on 8th January 2011. The discussion was based on issues of mutual interest.

read more... 10/01/2011

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