Oil & gas news
EU Canada oil sands debate continues
The government of Alberta, Canada has released a further study examining the amount of carbon produced by crude refined from oil sands instead of conventional sources.
China to lead Asia-Pacific coal mining
According to GBI Research, China looks set to dominate the rapidly expanding Asia-Pacific coal mining industry for at least the rest of the current decade.
Repsol income up despite YPF expropriation
The Spanish company Repsol has posted a higher than expected Q1 income despite suffering losses as a result of the Argentinian government’s decision to nationalise YPF.
Leighton contractors win EPC contract for Icthys LNG
Leighton Contractors has won the US$ 93 million EPC contract from JKC Australia LNG Pty Ltd for Temporary site works at Blaydin Point, Darwin.
Row with South Sudan costs Sudan US$ 2.4 billion
Sudan’s recent dispute with its southern neighbour has created a US$ 2.4 billion hole in the nations finances.
Shell uncovers two more leaks in Nigerian Delta
Shell has reported that it has uncovered two further onshore oil pipeline leaks in Nigeria’s Delta, soon after the company declared force majeure on crude exports due to theft-related outages.
Rosneft and Statoil sign US$ 100 billion Arctic cooperation agreement
Norwegian player Statoil and Russian giant Rosneft sign an Arctic exploration and development deal that could see up to US$ 100 billion of investment.
Tullow strikes more oil in Kenya
British firm Tullow Oil has announced the discovery of more oil at one of its Kenyan wells in the north of the country.
AF Group awarded major contract by Statoil at Hammerfest
AF Group wins maintenance and modification contract for Hammerfest LNG.
Repsol to cancel LNG shipments to Argentina
Repsol is likely to cancel all remaining LNG shipments to Argentina after the nationalisation of YPF.