Gazprom and BASF have signed a memorandum which anticipates future co-operation in the development of Achimov deposits of the Urengoy field in exchange for equivalent stakes in BASF鈥檚 North Sea assets.
Pembina Pipeline Corporation is planning to spend approximately C$ 470 million in 2011, with the majority targeted at projects expected to provide new sources of cash flow by mid-year.
The Beiji oil pipeline between Northern Iraq and Turkey, which exports up to 25% of the country鈥檚 crude exports has shut down due to an explosion.
Talisman Energy Inc. is selling a 50% interest in its Cypress Assets in the Montney shale play to Sasol Limited (Sasol), for C$1.05 billion.
Ecopetrol has entered into an agreement to take over control of the Cano Limon-Covenas oil pipeline from Occidental de Colombia.
Total agrees to buy stake in Novatek, while European refinery announces run cuts due to high prices.
Gregory Scott of the NPRA warns of the potential damages to America鈥檚 economy if changes are ratified.
Total UK has appointed new managers for its 230 km petroleum pipeline which runs from Immingham, Lincolnshire to the Buncefield Fuel Depot in Hemel Hempstead and from Colnbrook to Heathrow Airport.
Concerns for the energy sector in Egypt have been raised following a terrorist attack against a gas pipeline in the Sinai peninsula.
The IEA releases information regarding the reduced supply of crude from Libya and its effect on the wider oil market.
LNG development project in Queensland gains momentum as other companies finalise deals.
Telvent to provide SCADA technology to GRTgaz to manage its European pipeline network.
PPG Industries has announced that it has reached an agreement to lease property for development of Marcellus Shale natural gas resources at the company鈥檚 Natrium, W.Va., chemicals site.
The Trans Adriatic Pipeline AG and Plinacro Ltd., a natural gas transmission system operator in Croatia, today announced the signing of a Memorandum of Understanding and Cooperation (MOUC) aimed at encouraging the development of natural gas markets in South East Europe (SEE).
In less than three years of development, the Eagle Ford Shale already accounts for over 6% of the Gross Regional Product for the 24-county South Texas area it encompasses.