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New regulatory recommendations expected to be released by the Federal Aviation Administration (FAA) could allow oil and gas companies to purchase lightweight, unmanned drones akin to those used by the military.
German Chancellor Angela Merkel and the Russian President Dimitry Medvedev have symbolically opened the valve on the 1200 km long Baltic Sea Pipeline that connects Russia's natural gas reserves with Europe.
FPIC has started preparations for the final test that would confirm if its petroleum pipeline is ready to resume operations.
Total are looking to the Atlantic Basin as a physical back-up for Western Europe and will also look to Australian projects to help alleviate global LNG supply squeezes.
According to company sources, TNK-BP will invest up to US$ 10 billion in Arctic oilfield development and construction of a pipeline to link the fields with an export pipeline.
WINGAS GmbH, a joint venture of the BASF subsidiary Wintershall and the Russian company Gazprom, which operates a Germany-wide natural gas pipeline network extending more than 2500 km, has ordered the Siemens turbine.
In an unexpected end to the COP17 summit in Durban South Africa, the US, China and India have agreed to be included in a new legal framework for emissions reduction that will come into force in 2020, although the details of the deal are yet to be agreed. COP17 also agreed to an extension of the Kyoto Protocol to 2017.
The Bulgarian Finance Minister has stated that the Bulgarian government has decided to pull out of the Russia-led Trans-Balkan oil pipeline project.
The French oil giant has expressed interest in building a pipeline from South Sudan to Uganda that would continue to Kenya's coast, potentially alleviating the young state’s exportation headaches.
The Global Energy Prize, one of the world’s most respected awards in energy science, is now accepting nominations for its US$ 1 million 2012 award.
According to a new IHS Global Insight study, the shale gas revolution, which has swept across America and transformed the energy landscape, will also have a huge economic impact supporting more jobs, stimulating growth and providing huge amounts of revenue.
Pertamina Gas is planning Rs. 2 trillion – Rs. 3 trillion in capital expenditure next year to help finance expansion projects.