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With the aim of weaning away India from Iranian energy products, US may supply shale gas in liquefied form to Asia’s third biggest economy. Desperate to corner Iran in concert with other countries, the U.S. has been seeking sharp reduction in Indian oil purchases from Iran. The Hindu reported...
Oil & Natural Gas Corp. will soon study investing in ConocoPhillips’ U.S. shale-gas assets and expects to strike a substantial deal, Bloomberg said quoting Chairman Sudhir Vasudeva. The two companies inked a deal last week to develop shale resources in India and North America, and to explore...
Marubeni Corporation has entered into an agreement with Dallas based Hunt Oil Company to acquire a 35% working interest in the Eagle Ford shale oil and gas acreage. The play covers approximately 52,000 net acres of oil and gas leases located in Texas, the company said in a statement Friday. The project...
BHP Billiton is acquiring shale specialist Petrohawk Energy Corporation in an all-cash tender offer valued at approximately US$12.1 billion and a total enterprise value of approximately US$15.1 billion, including the assumption of net debt.BHP made its first big splash in the unconventional hydrocarbons...