In an unexpected end to the COP17 summit in Durban South Africa, the US, China and India have agreed to be included in a new legal framework for emissions reduction that will come into force in 2020, although the details of the deal are yet to be agreed. COP17 also agreed to an extension of the Kyoto Protocol to 2017.
The Bulgarian Finance Minister has stated that the Bulgarian government has decided to pull out of the Russia-led Trans-Balkan oil pipeline project.
The French oil giant has expressed interest in building a pipeline from South Sudan to Uganda that would continue to Kenya's coast, potentially alleviating the young state鈥檚 exportation headaches.
The Global Energy Prize, one of the world鈥檚 most respected awards in energy science, is now accepting nominations for its US$ 1 million 2012 award.
According to a new IHS Global Insight study, the shale gas revolution, which has swept across America and transformed the energy landscape, will also have a huge economic impact supporting more jobs, stimulating growth and providing huge amounts of revenue.
Pertamina Gas is planning Rs. 2 trillion 鈥� Rs. 3 trillion in capital expenditure next year to help finance expansion projects.
As Penspen Group's scope of subsea services grows in London, its Offshore and Integrity practices have teamed up to offer a series of specialist courses in Offshore Pipeline Legislation.
A round up of recent downstream oil and gas news from the US and Latin America.
Atlas Pipeline Partners, L.P. has entered into a long-term, fee-based agreement with XTO Energy Inc., a subsidiary of ExxonMobil, to provide natural gas gathering and processing services for up to an incremental 60 million ft3/d from the Woodford Shale region
BP announced today that it has agreed to sell its Canadian natural gas liquids (NGL) business to Plains Midstream Canada ULC for 1.67 billion dollars.
AKE Intelligence is warning that there could be increased levels of violence in Ira after US troop complete their withdrawal which could make conditions harder for foreign oil and gas companies operating there.
Efforts to speed approval of the proposed Keystone XL pipeline appear to be gaining momentum in Washington DC.
Inpex Gas British Columbia Ltd. has agreed in principle to acquire a 40% participating interest in the shale gas projects in the Horn River, Cordova and Liard basins from Nexen Inc. This will be the first time that Inpex have invested in a shale gas development.
A round up of late November downstream news for the Asia and Pacific regions.
The latest downstream oil and gas news from the Middle East.