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Cuadrilla has announced that it has discovered shale gas reserves, estimated to be as large as 200 trillion ft3, in the Bowland Basin in Lancashire, UK. If the estimates prove correct, it will be the largest gas field ever discovered in the UK.
Trofagas Hidrocarburos, S.L., a wholly owned subsidiary of BNK Petroleum Inc., has been awarded an oil and gas concession totalling approximately 234,000 acres located mainly in the autonomous community of Castile and Leon, Spain.
The Caspian Sea is a region with enormous potential for oil and gas exploration and production, but there are significant obstacles to overcome first.
The American Petroleum Institute comment on oil and natural gas being the next job and revenue growth area
Cheniere Energy Partners, L.P. is selling off 3,000,000 common units to investors at a share price of US$ 15.25. The company is hoping to raise US$ 60 million to put towards general business purposes and development costs of its expansion project to add liquifaction capacity at the Sabine Pass LNG terminal.
Clough Downer Joint Venture (CDJV) has been awarded a contract worth AU$ 600 million by Fluor for construction of pipelines, compression facilities and associated infrastructure relating to the Fairview component of the Santos GLNG project, located in the Surat Basin.
Enbridge Inc. announced today that it will twin the southern section of its Athabasca Pipeline from Kirby Lake, Alberta to the Hardisty, Alberta crude oil hub at an estimated cost of approximately US$ 1.2 billion.
Russia is preparing to cut-off Ukraine’s gas supply if it refuses to honour the terms agreed in 2009, Ukraine has already signalled that it believes the terms are bad for national interests.
Hess Corp. has acquired Marquette Exploration LLC and other leases in Ohio's Utica Shale, boosting its acreage position by 85,000 net acres at a cost of approximately US$ 750 million.
The American Petroleum Institute has told Obama that American energy development is ‘critical’ solution to jobs problem.
Encana Oil & Gas has agreed to sell a portion of its Piceance natural gas midstream assets in Colorado to a private midstream company for approximately US$ 590 million.
The Government of Queensland has granted Liquefied Natural Gas Limited pipeline license (PPL) 161. This will allow the company to connect its planned LNG terminal to the feed gas terminal inland.