Oil, Gas and Shale
Advertisement




Advertisement




Advertisement




Advertisement




Advertisement




Advertisement




NEWS Click on text to read news by category: General | Product | People | Worldwide

Oranje-Nassau Energie to Acquire Sterling Resources UK Subsidiary for $163 Million

April 26, 2017

Canadian energy company Sterling Resources announced that it will be selling its UK subsidiary, SRUK Holdings to the Netherlands-based Oranje-Nassau Energie (ONE) for a consideration of $163m. The transaction is expected to close this May and Sterling Resources estimates of

Read more...

SNC-Lavalin to Acquire UK-based WS Atkins for $3.6 Billion

April 26, 2017

SNC-Lavalin Group has entered into an agreement to acquire UK-based engineering and consultancy firm WS Atkins for $3.6bn in an all cash transaction. In this connection, the Canadian engineering and construction company, SNC-Lavalin Group has offered to buy each of

Read more...

TechnipFMC and Aker to Conduct Feasible Studies at Engie’s Cara Project, North Sea

April 26, 2017

TechnipFMC and Aker Engineering and Technology have secured feasibility study contracts from Engie E&P Norge for the Cara project (PL 636) in Norwegian part of the North Sea. The studies will be carried out to explore the potential, challenges and

Read more...

U.S. Denies Permission for ExxonMobil to Resume Drilling Operations Due to Sanctions, Russia

April 26, 2017

The US has refused to give permission for oil and gas firm Exxon Mobil to resume drilling in the areas facing its sanctions in Russia. In 2014, the US, along with the European Union, had imposed sanctions on Russia for

Read more...

Singapore’s First LNG Truck Loading Facility Ready for Operations

April 25, 2017

Singapore LNG Corporation Pte Ltd (SLNG) and Maritime and Port Authority of Singapore (MPA) jointly launched the nation’s first Liquefied Natural Gas (LNG) Truck Loading Facility during a ceremony held on April 12, 2017, at the SLNG Terminal. The launch,

Read more...

Sui Southern Gas to Build $615.7 Million Re-gasified LNG Pipeline Project, Pakistan

April 25, 2017

The Sui Southern Gas Company (SSGC) is reportedly planning to build a second re-gasified liquefied natural gas (RLNG) pipeline from Karachi to Lahore in Pakistan. Expected to cost Rs64.9bn ($615.7m), the 42-inch diameter pipeline project is planned to be completed

Read more...

Fracking Sweeps Into China

April 25, 2017

China has turned to hydraulic fracturing to decrease its dependency on foreign natural gas, according to state-run media. China has been trying to use fracking to shifts away from traditional sources of energy such as coal power. Shale gas production

Read more...

Top Ten Countries with World’s Largest Oil Reserves

April 25, 2017

Since the drilling of first oil, the commodity has emerged as an important part of our life. It has been used as fuel for our transport, a fuel to generate electricity to light our homes, run factories and machines, a

Read more...

NT Government to Support Feasibility Study for ConocoPhillips’s Darwin LNG Expansion, Australia

April 20, 2017

The Northern Territory (NT) government in Australia will support a study that will assess the feasibility of the potential expansion of the Darwin Liquified Natural Gas (DLNG) project of ConocoPhillips. In this regard, the government will be funding AUD250,000 ($187,900)

Read more...

Rosneft Completes $700 Million Acquisition of Kondaneft Oil Fields, Russia

April 19, 2017

Russian oil giant Rosneft has completed the acquisition of a 100 percent stake in the Kondaneft group of oil fields spread across West Siberia in Russia for RUB40bn ($700m). The Kondaneft project is developing the Kondinsky, Zapadno-Erginsky, Novo-Endyrsky and Chaprovsky

Read more...

Advertisement




Advertisement




Advertisement




Advertisement




Advertisement




Advertisement