Wednesday, June 19, 2013
Displaying 51 - 60 of 2960 articles
Australia listed African explorer Jacka Resources has signed a production sharing agreement (PSA) for the Tanzania’s Ruhuhu Basin Block. Under this PSA, government of Tanzania issued the Ruhuhu Exploration Licence in which Jacka Resources is the operator with 100% initial interest. The Tanzania...
India's state owned entities GAIL and Shipping of Corporation India (SCI) have signed a deal to transport LNG sourced by GAIL from the US. As per the deal the two parties would join hands for transportation of 5.8 million tonnes per annum of LNG being sourced by GAIL from Sabine Pass and Cove Point...
Santos on Friday announced a gas discovery at the Bassett West-1 exploration well in the Browse Basin offshore Western Australia. Bassett West-1 is located approximately 475 kilometres north-northeast of Broome and approximately 90km east-northeast of the Crown-1 discovery, made in the adjacent permit...
The China-Myanmar oil and gas pipeline will significantly reduce China’s energy import cost overcome the country's dependence on the Strait of Malacca, controlled by the United States, Press Trust of India has reported citing Chinese experts. "China's energy security will be further guaranteed...
Reliance Industries (RIL) is not keen on exploring shale gas potential in India despite predicting that production from shale gas in the US will be in excess of one-third of its aggregate gas production this year, Economic Times reported. The company has invested $5.7 billion in its shale acreages in the US.
India's state owned oil and gas company, Oil and Natural Gas Corp (ONGC), is ready to go alone for the $5-6 billion acquisition of a 20% stake in the Rovuma basin gas block in Mozambique, Hindustan Times reported. The company also said that it was not in talks with any global major to share the cost...
Developing the offshore well in Israel's Leviathan natural gas field may cost about $4.5 billion, not including infrastructure for exports, Reuters has reported quoting an official familiar with the project. The cost forecast was part of a development plan the consortium recently presented...
India is expected offer a proposal to Pakistan to supply natural gas through a pipeline to help ease latter’s energy crisis. Indian Express reported that in a response to Pakistan’s friendly overtures India would be sending a delegation of officials to Lahore on June 9 to discuss this issue.
Idemitsu Oil & Gas Co, JX Nippon Oil & Gas Exploration Corp and Teikoku Oil announced a confirmation of gas and condensate at the third well in Blocks 05-1b and 05-1c southern offshore Vietnam. The Blocks are located 300 km southeast of Ho Chi Minh City. The...
Armenia may import nearly 1 billion cubic meters of natural gas from Iran annually by mid-2014, Armenian minister of energy and natural resources Armen Movsisyan said. The minister was replying to the question asked during 2012 budget implementation talks Wednesday as to why Armenia imports three times...
