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Home/News/Oil & gas news

Oil & gas news

Browse the latest oil & gas news news and articles.

Shale drilling linked to tremors
2 Nov 20112 min read

Shale drilling linked to tremors

Protesters are said to have scaled a drilling rig at Cuadrilla resource’s Bank site to protest at the shale gas exploration in the area.

Hammerfest LNG plant back online
2 Nov 20111 min read

Hammerfest LNG plant back online

Statoil has brought its LNG plant at Hammer fest back online after an earlier shutdown on October 14.

Statoil fined over oilsands operation
1 Nov 20111 min read

Statoil fined over oilsands operation

An Alberta court has fined Statoil C$ 190,000 for improper use of water in its Alberta oilsands operation.

RasGas extends LNG supply agreement with EDF
1 Nov 20111 min read

RasGas extends LNG supply agreement with EDF

RasGas has signed a long-term LNG supply agreement with EDF Trading for an annual contract quantity of up to 3.4 million tpy of LNG, equivalent to approximately 4.5 billion m3/yr of natural gas. It marks a further extension of a long-term relationship between RasGas and EDF Trading.

Micoperi to build Israeli LNG terminal
31 Oct 20112 min read

Micoperi to build Israeli LNG terminal

State-owned Israel Natural Gas Lines has reportedly signed a deal with Micoperi, the Italian marine contractor, to construct an offshore LNG terminal worth approximately US$ 140 million.

GDF reinforces presence in Asia Pacific region
31 Oct 20112 min read

GDF reinforces presence in Asia Pacific region

Gérard Mestrallet, Chairman and CEO of GDF SUEZ signed two agreements with China Investment Corporation (CIC) and China National Offshore Oil Corporation (CNOOC) illustrating the development strategy of GDF SUEZ in China and in the Asia-Pacific region.

Wintershall and Gazprom agree framework for asset swap
28 Oct 20112 min read

Wintershall and Gazprom agree framework for asset swap

OAO Gazprom, and of BASF SE have signed a framework agreement which sets out the terms for the planned asset swap to further expand the successful cooperation.

ArcelorMittal withdraws from Macarthur Coal bid
26 Oct 20111 min read

ArcelorMittal withdraws from Macarthur Coal bid

Steel maker ArcelorMittal has made an unexpected last-minute withdrawal from its US$ 5 billion joint bid for control of Macarthur Coal, leaving joint venture partner Peabody Energy to proceed with the takeover alone.

Total E&P UK extends use of RMR in £4.5m deal
26 Oct 20111 min read

Total E&P UK extends use of RMR in £4.5m deal

Total E&P UK, one of the largest operators in the UK sector of the North Sea, has extended its contract for AGR’s Riserless Mud Recovery system (RMR) by four years.

BP reached turning point
25 Oct 20112 min read

BP reached turning point

BP’s chief executive Bob Dudley ahs declared that BP has reached a turning point and is now profitable after the last disastrous year that it has been through following the Macondo oil spill.

The EPA is to develop wastewater discharge standards for CBM and shale gas extraction
24 Oct 20113 min read

The EPA is to develop wastewater discharge standards for CBM and shale gas extraction

The US Environmental Protection Agency (EPA) has announced that it intends to develop new wastewater discharge standards for coalbed methane (CBM) and shale gas extraction that could significantly increase the cost of disposal.

Kongsberg signs deal with OIG
24 Oct 20111 min read

Kongsberg signs deal with OIG

Kongsberg Oil & Gas Technologies (KOGT) has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG).

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