01:25 pm | Turkey on Friday called on major international oil and gas companies seeking a license to search for gas deposits off of Cyprus to withdraw their bids, saying it will not allow exploration to go ahead and threatening to ban them from Turkish energy projects. Israeli firms such as Delek Israel and Avner…
May 18 2012 / No Comment / Read More »
01:03 pm | BP’s has awarded a £75 million contract to DHL Supply Chain to manage its the warehousing and distribution of goods for its UK convenience retail business until 2018. The contract builds on DHL’s eight-year track record for implementing efficiency improvements for BP UK Convenience Retail, aiming to achieve even greater levels…
May 18 2012 / No Comment / Read More »
01:18 pm | Enbridge Inc kicked off one of the most sweeping expansions in its history on Wednesday, a C$3.2 billion ($3.2 billion)series of projects across its pipeline system aimed at moving western Canadian crude to Eastern refineries and preventing bottlenecks in the U.S. Midwest. Enbridge, already the largest transporter of Canadian oil…
May 17 2012 / No Comment / Read More »
01:02 pm | Cairn Energy Plc said Thursday it has teamed up with Houston-based Marathon Oil Corp. to jointly bid for oil and gas exploration rights in Cyprus, where huge offshore discoveries of natural gas have reignited international tensions over the divided island. Cairn and joint venture partner Marathon submitted bids May 11,…
May 17 2012 / No Comment / Read More »
12:51 pm | UK-based energy giant BG Group announced Wednesday its fifth consecutive Tanzanian gas discovery with the Mzia-1 exploration well located in Block 1, offshore southern Tanzania. Mzia-1 is BG Group’s first discovery within the deeper Cretaceous section and opens an extensive new play fairway within the Group’s offshore acreage in Blocks 1,…
May 17 2012 / No Comment / Read More »
01:25 pm | CAMAC Energy on Tuesday announced that it has signed Production Sharing Contracts (PSCs) with the government of The Republic of Kenya for previously awarded exploration Blocks L1B, located onshore in the Lamu Basin, and L16, located in the Lamu Basin transition zone. Block L16 is bordered on the east by…
May 16 2012 / No Comment / Read More »Lundin Petroleum strikes again at Johan Sverdrup
02:50 pm | Lundin Petroleum AB announced that the sidetrack 16/2-11A of the appraisal well 16/2-11 has confirmed good quality in Upper and…
May 3 2012 / No Comment / Read More »Statoil, Partners make North Sea oil discovery
02:34 pm | Norwegian oil giant Statoil announced Friday that it and its Oseberg Area Unit partners have made a small oil discovery on…
Mar 23 2012 / No Comment / Read More »OGX takes operations stake in Brazil Campos blocks
Mar 20 2012 / No Comment / Read More »PetroChina, Partners join in Canada LNG project
01:13 pm | Asian energy giant PetroChina plans to join with Shell Canada and major energy companies in Japan and South Korea in…
May 16 2012 / No Comment / Read More »Qatar to build $5.5 billion petrochemical plant
03:52 pm | Qatar will build a $5.5 billion petrochemical plant in the northern industrial city of Ras Laffanby 2018, as the Gulf…
Feb 13 2012 / No Comment / Read More »
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