Icthys LNG project reaches FID
Inpex Corporation and Total S.A. (the Ichthys Owners) have made the Final Investment Decision (FID) for the Ichthys LNG project.
Business news
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New crude oil gathering pipeline planned for the Deepwater Gulf of Mexico
Enterprise and Genesis Energy are planning to build a crude oil gathering pipeline in the Deepwater Gulf of Mexico.
Oil prices rise in response to Nigerian strike
Nigeria鈥檚 largest oil union has threatened to completely cut off production in response to the scrapping of a fuel subsidy.
Japan to make 'concrete' steps towards ending Iranian oil imports
After a visit by US Treasury Secretary, Timothy Geithner, Japan has vowed to make 'concrete' steps towards ending its reliance upon imported Iranian oil.
Fracking unlikely to cause dangerous earthquakes
Scientists in London argue that fracking is unlikely to cause an earthquake greater than 3.3 on the Richter scale.
Geithner looks to China for help backing Iranian oil sanctions
US Treasury Secretary Timothy Geithner has met leaders in Beijing to discuss the possibility of Chinese support for sanctions on Iranian oil.
Aker Solutions to supply subsea system to Marathon Oil
Aker Solutions has signed a contract with Marathon Oil Norge AS to supply a subsea production system for the operator's B酶yla project on the Norwegian continental shelf.
Total acquires acreage in Utica shale
Total has acquired a 25% share in Chesapeake鈥檚 and EnerVest鈥檚 liquids-rich area of the Utica shale play located across 10 counties on the eastern side of the state of Ohio, USA.
T.D. Williamson has helped to confirm the integrity of a key natural gas pipeline in the UK
Another successful inline inspection carried out for E.ON UK confirms pipeline integrity.
Unmanned drones could help survey pipelines and offshore rigs
New regulatory recommendations expected to be released by the Federal Aviation Administration (FAA) could allow oil and gas companies to purchase lightweight, unmanned drones akin to those used by the military.
iTAC Software AG helped to ensured that the first phase of the Baltic pipeline laying process was both safe and efficient
German Chancellor Angela Merkel and the Russian President Dimitry Medvedev have symbolically opened the valve on the 1200 km long Baltic Sea Pipeline that connects Russia's natural gas reserves with Europe.
Final test to confirm pipeline leakage repair in the Philippines
FPIC has started preparations for the final test that would confirm if its petroleum pipeline is ready to resume operations.
Total to source LNG from Atlantic basin
Total are looking to the Atlantic Basin as a physical back-up for Western Europe and will also look to Australian projects to help alleviate global LNG supply squeezes.
TNK-BP to invest US$ 10 billion in Arctic oilfield development and pipelines
According to company sources, TNK-BP will invest up to US$ 10 billion in Arctic oilfield development and construction of a pipeline to link the fields with an export pipeline.
First order for Siemens SGT-750 industrial gas turbine
WINGAS GmbH, a joint venture of the BASF subsidiary Wintershall and the Russian company Gazprom, which operates a Germany-wide natural gas pipeline network extending more than 2500 km, has ordered the Siemens turbine.