Oil & gas news
KPC and Total sign MOU for Chinese project
KPC and Total have signed an MOU regarding their joint Zhanjiang project in China.
Disposal well is likely cause of Ohio earthquakes
Ohio state regulators have concluded that a disposal well was the likely cause of recent minor earthquakes in the region.
Baker Hughes, BP and Schlumberger in Kirkuk talks
Baker Hughes has followed other major players by beginning talks with the Iraqi government over increasing production from the country’s northern Kirkuk field.
Odfjell Offshore to raise US$ 500 million
Odfjell Offshore plans to raise US$ 500 million for fleet development.
Anadarko hits oil at Caesar-Tonga
Anadarko Petroleum has announced that it has struck oil at its Caesar-Tonga development in the Gulf of Mexico.
Brent crude drops to under US$ 125/bbl.
Concerns over growth in Europe and China coupled with the possibility of diplomatic resolutions to crises in the Middle East has seen Brent crude prices fall.
Anadarko hits gas offshore Mozambique
Anadarko Petroleum has discovered gas reserves of between 90 million and 100 million ft3/d
Petrobras strikes oil and Nordeste de Tupi
The Brazilian state giant Petrobras confirms that it has struck oil at Nordest de Tupi.
ExxonMobil and GE back University initiative
ExxonMobil and GE have publicly announced their support for a new university initiative designed to help bring latest LNG best practices to shale development.
Opportunity knocks
Russell Banham, Deloitte CIS Energy & Resources, explains how Government support could unlock Russia’s vast export potential.