Nuri al-Maliki, the Iraqi Prime Minister has warned that an exploration contract between Exxon Mobil and the Kurdistan Regional Government (KRG) is dangerous and could potentially lead to a breakdown of the unity of Iraq.
Exxon Mobil is to cease its shale exploration activities in Poland in a move that will come as a heavy blow to the country’s ambitions of reducing its dependence upon Russia.
A spokesman for the Iraqi government has announced that Iraq is to hold a fifth oil and gas licensing auction in early 2013, with improved contract terms.
A consortium made up of NYK line, Mitsubishis Corp and TEPCO have signed a deal to take an equity stake in Wheatstone LNG with Chevron.
Ncondezi Coal Company Limited has released an update on its flagship Ncondezi coal project in the Tete provience of Mozambique as both the project’s definitive feasibility study and power plant near completion.
CoAL and Exxaro target completion of further studies and conclude negotiations by 30th September 2012 for valuation of the Makhado project.
The government of Kazakhstan has set out legislation insisting that it will have a majority stake in all new oil and gas pipelines built in the country.
Earlier this week France announced that it would be suspending drilling permits for offshore exploration in French Guyana, citing worries over the provisions made for marine life and consultation with the local population.
The world’s newest state could soon see the construction of a new oil pipeline that would cut its dependence on its northern neighbour.
Dart energy has announced that it is carrying out early commercialisation work on its Liuling coal seam gas project in China and expects to start initial gas sales in the first half of 2013.
Output from the US state of North Dakota has hit a new record high and the region looks set to become the next major US energy hub.
Edinburgh-based Cairn Energy has made a bid for Nautical Petroleum in order to expand the company’s presence in the North Sea.
BP has announced that it has begun the initial start-up of the Galapagos development in the deepwater U.S. Gulf of Mexico, one of a series of new major upstream projects that the company expects to bring into production this year.
Estimated gross tonnes in situ increase by 429% to 8.0 billion t from 1.5 billion t in the Greater Soutpansberg area.
Natural gas production from shale, coal bed methane and tight sands is expected to generate significant job creation, economic growth, and revenue for federal, state and local treasuries throughout the U.S. in gas "producing" and "non-producing" states alike, according to a new IHS Global Insight study.