Oil & Gas News

Liquefied gas importer, Petronet LNG Ltd , is keen to acquire up to 10 per cent stake in ONGC Petro-additions Ltd , which is setting up a cracker complex in Gujarat, a senior Oil and Natural Gas Corporation official said.

CHINA'S largest oil and gas company said it has signed a memorandum of understanding with Sudan to strengthen cooperation in oil refining.

British oil explorer Heritage Oil is in talks to sell its Ugandan assets to Italian oil group Eni SpA for between $1.3-1.5 billion, a person familiar with the matter said on Sunday.

Initially, the company would produce 1 million standard cubic meters per day which would go upto 3 million standard cubic meters per day in a year.

Leading oil distributor Nippon Oil Corp. and two other Japanese firms likely will conclude a basic contract with the Iraqi government as early as this month to obtain the right to develop the massive Nasiriyah oil field in southern Iraq, it has been learned.

Pat Farnelli says there's something in the water at her house. The last time she drank it, she says, she vomited four times.

Ivanhoe Energy Inc. said Thursday a move to acquire oil and gas exploration and production rights in highly prospective central Mongolia is the first step in a plan to aggressively grow its Mongolian operations.

Close You asked. We're building it. Nathan VanderKlippe Calgary - Published on Thursday, Nov.

In this video frame grab taken from NASA television, space shuttle Atlantis Mission Specialist Randy Bresnik works during the the second spacewalk of the STS-129 mission at the International Space Staion, Saturday, Nov.

NEW DELHI: Petroleum and Natural Gas Minister Murli Deora informed the Lok Sabha on Friday that the magnitude of last month's fire at the Indian Oil Corporation depot in Jaipur was so massive that it virtually left no time to put in place a well formulated disaster management plan.

Devon Energy announced a surprising plan to sell off its international and offshore Gulf of Mexico exploration and production assets and focus exclusively on its North American onshore operations.

Enbridge Inc and Renewable Energy Systems Canada Inc. announced Thursday a partnership to develop a wind energy project in Ontario which would create 300 construction jobs.

The owners of a Lexington ethanol plant and their insurer are suing a subsidiary of a Houston-based natural gas provider they say is responsible for an explosion and fire that shut down the plant for weeks.

The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp.

DIMOCK, Pa. -- More than a dozen families have filed suit against one of the nation's largest natural gas drillers after the company polluted their water wells in northeastern Pennsylvania.

Refineries from New Mexico to New Jersey are under severe economic pressure because of falling demand for fuel, with a number of facilities shutting down in recent months.

French oil services company Technip SA said Thursday it signed an agreement with Schlumberger Ltd.

Marathon Oil said Thursday it expects 2009 production growth of 6% over the year-ago period as the energy company joins others in ramping up efforts to find more oil and gas while ratcheting down investment in the moribund refining and marketing business.

Woodside's Pluto gas project is on the Burrup Penninsula. Oil and gas producer, Woodside Petroleum says the estimated construction cost of its Pluto liquefied natural gas project will increase.

The president of Shell Oil Co. says the company did not ask a federal agency to delay a decision on the company's request to drill for oil and gas in Alaska's Chukchi Sea.