Maduro holds up a copy of Venezuela’s constitution during a news conference. (PA) Exploration & Production

Repsol and Eni stand ground in Venezuela

Repsol denies pulling foreign workers from fields in crisis-hit Venezuela. Eni and Shell are also keeping staff in place.

By Chris Noon 24 August 2017
Exploration & Production

Kazakhstan likely to gain entry to Karachaganak by autumn

Kazakhstan’s Oil and Gas Ministry has reached a preliminary agreement to develop the giant Karachaganak gas field, following several years of negotiations with the Karachaganak Petroleum Operating (KPO) consortium headed by BG Group and ENI.

17 June 2011
Exploration & Production

India’s petroleum ministry criticised

India’s Comptroller and Auditor General (CAG) has criticised the country’s petroleum ministry for allegedly showing undue favour to private companies including Reliance Industries and Cairn Energy, local newspaper Business Standard said today.

16 June 2011
Exploration & Production

Trinidad and Tobago plans September bidding round

Trinidad and Tobago plans to launch a new oil and gas bidding round in September, Reuters reported the country’s energy minister, Carolyn Seepersad-Bachan, as saying on Wednesday.

16 June 2011
Exploration & Production

Gazprom and Pakistan’s Shahzad discuss projects

Gazprom Export is in discussions with Pakistan’s Shahzad International, a privately held group that includes Pakistan companies from the energy sector, about the possibilities of taking part in oil and gas projects, Gazprom said. Discussions were held during the Pakistan delegation visit to Moscow.

16 June 2011
Exploration & Production

China Gas to develop coal-bed methane project

China Gas Co Ltd, a Hong Kong-listed firm engaged in the natural gas business, has signed an agreement to develop a coal-bed methane project in Pingdingshan City, Henan Province, sources reported.

16 June 2011
Eirik Raude semi-submersible rig operating on the Jubilee Field. Ghana has been keen to develop its hydrocarbons reserves to bring in revenue and boost the economy by providing work in the sector for local companies. (Tullow Oil) Exploration & Production

Gas set for key role in Ghana’s hydrocarbons sector

Gas has been present in many finds and both the Ghanian government and the oil companies involved are eager to tap it for both the domestic market and, if there is enough of it, for export.

15 June 2011
Five years after Royal Dutch Shell and Qatar Petroleum made the final investment decision on the Pearl gas-to-liquids project, which saw a host of unforseen challenges, Shell can finally breathe a sigh of relief and reap the rewards. (PA) Exploration & Production

Shell's big pay off

Five years after Royal Dutch Shell and Qatar Petroleum made the final investment decision on the Pearl gas-to-liquids project, which saw a host of unforseen challenges, Shell can finally breathe a sigh of relief and reap the rewards.

15 June 2011
Exploration & Production

Power investor looks for new projects

Investment fund Globeleq is looking for new investment opportunities in Tanzania and the wider East African region, and is currently in negotiations over various projects, a senior executive told Interfax in an exclusive interview.

15 June 2011
Exploration & Production

First products cargo from Pearl GTL

Qatar Petroleum and Royal Dutch Shell have sold the first commercial shipment of gasoil from the Pearl gas-to-liquids (GTL) plant in Ras Laffan, Qatar.

13 June 2011
Exploration & Production

Construction of Xinjiang Coal Electrochemical SNG project commences

Xinjiang Coal Electrochemical Co., a subsidiary of state-run China National Coal Group Corp (ChinaCoal), has started construction of a coal to synthetic natural gas (SNG) project in the Zhundong Basin, Xinjiang Uyghur Autonomous Region.

13 June 2011
Exploration & Production

Petrofac increases stake in Seven Energy

Petrofac has increased its stake in Nigerian exploration and production company Seven Energy from 12.6% to 24.5% with a $75 million investment.

10 June 2011
Exploration & Production

Mitsui buys stake in European shale project

Japan’s Mitsui has agreed to buy a 9% interest in 10 of Marathon Oil Corporation's Paleozoic shale gas exploration concessions in Poland.

9 June 2011
Exploration & Production

Nigerian insurgents threaten Eni

Nigerian insurgents have threatened to disrupt oil operations in the Niger Delta, singling out Italy’s Eni as a target for attacks.

9 June 2011
Exploration & Production

Wood Group Wagners secures GLNG contract

Wood Group Wagners, a joint venture between UK-based Wood Group and Australia’s Wagners, has secured a A$40 million ($42.33 million) project management contract for the Gladstone LNG (GLNG) pipeline project in Queensland, Australia.

9 June 2011
Exploration & Production

Poland’s KOV to start drilling in Syria in July

Kulczyk Oil Ventures (KOV) and its joint venture partners have executed a drilling rig contract with Sinopec for a drilling rig in Block 9 in Syria.

9 June 2011
Exploration & Production

Central Resources buys six Brazilian oil and gas concessions

Central Brazil Coöperatief, an affiliate of United States (US) based Central Resources, has acquired six oil and gas concessions in Brazil from a unit of Koch Industries.

8 June 2011
Exploration & Production

Tanzanian exploration well gets the go-ahead

Tullow Oil and partners Aminex and Solo Oil have received permission from the Tanzanian government to drill the Ntorya-1 well in the onshore Mtwara block, part of the Ruvuma Basin.

7 June 2011
Exploration & Production

Shell plans Marcellus shale petrochemical plant

Royal Dutch Shell is planning to build an ethylene cracker plant in the Appalachian region of the United States (US) to process ethane from the prolific Marcellus shale gas formation.

7 June 2011
How long can it continue to export its gas resources and enjoy high prices, reliable customers, foreign investments in resource development, and enhanced diplomatic relations with buyers? (PA) Exploration & Production

Indonesia’s LNG exports make way for domestic market

A growing economy, dwindling gas resources and high oil prices are leading Indonesia, the world’s third largest LNG exporter, to reduce exports and use its own LNG production to meet domestic demand.

7 June 2011
Peru's presidential candidates Ollanta Humala, right, and Keiko Fujimori shake hands after their presidential debate in Lima, Peru. With political and legal uncertainty, the future of Peru’s gas industry is unclear. (PA) Exploration & Production

Peruvian gas policy at crossroads on the eve of elections

The gas industry in Peru is likely to go through changes regardless of who is elected president on 5 June.

3 June 2011

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