Oil & gas news

India and America clear another hurdle to implementing the civil nuclear co-operation bill, and agree procedures for reprocessing spent fuel.

According to a recent study, China now leads the world as the highest investor in green technology.

China National Offshore Oil Corp. (CNOOC) has signed an agreement with BG Group of Australia for the purchase of 3.6 million tpy of LNG for the next 20 years.

China has signed a deal with Shell to exploit its domestic shale gas reserves, which, if successful could turn Chinese energy policy on its head.

As part of its investment into clean coal energy, Peabody Energy has invested US$ 15 million in Calera Corp., owner of technology that converts CO2 into green building materials.

A brief round up of refinery and oilsands news from Canada and North America.

Qatar has agreed to supply an additional 4 million tpa of LNG to India by 2014.

Weatherford International Ltd has announced its participation in a collaborative project to develop a fibre optics based in-well distributed acoustic flowmeter based on the revolutionary iDAS™ technology, developed by Silixa.

Bill Gates’ firm Terra Firma is in talks with Toshiba to develop the next generation of mini nuclear power plant.

The Indonesian government is looking for South Korean investors to back three new floating LNG terminals.