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Oil & Gas News

Oil & Gas news continually updated from thousands of sources around the net.

6 hrs ago | Business Standard

Petronet may acquire up to 10 per cent stake in OPaL

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.

Comment?

Related Topix: Energy

Sun Nov 22, 2009

Shanghai Daily

CNPC and Sudan to cooperate on refining

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

Comment?

Related Topix: Energy

Today's Zaman

Heritage, Eni close to $1.5 bln Uganda deal

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.

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Related Topix: Energy

Express India

ONGC to start gas output from C-series off Mumbai coast by Dec

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.

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Related Topix: Energy

Asia News Network

TOKYO: 3 Japan firms to contract for Iraq oil field

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.

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Related Topix: Energy

Philly.com

Pa. residents sue gas driller over polluted drinking water

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

Comment?

Related Topix: Susquehanna County, PA, Cabot Oil and Gas, Energy, Scranton, PA, Scranton Metro

CBC News

Ivanhoe Energy subsidiary to merge with PanAsian Petroleum Inc in Mongolia

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.

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Related Topix: Ivanhoe Energy, Energy, Mining, Metals, Business News

Sat Nov 21, 2009

The Globe and Mail

Pipeline to West Coast gains backing

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

Comment?

Related Topix: Enbridge, Energy, Canada

Penticton Herald

Atlantis astronaut embarking on 1st career spacewalk awaits word on birth of daughter

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.

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Related Topix: Science / Technology, NASA, Energy, Space

The Hindu

Massive IOC fire left no time to respond, Deora tells Lok Sabha

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.

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Related Topix: Energy

Investopedia

Devon Energy Downsizes

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.

Comment?

Related Topix: Energy, ConocoPhillips, BP plc

The Victoria Star

Enbridge and Renewable Energy Systems wind energy project to create 300 jobs

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.

Comment?

Related Topix: Enbridge, Energy, Alternative Energy, Science / Technology, Wind Power, Renewable Energy (Green Energy), Canada,

Star Tribune

Nebraska ethanol plant fire produces lawsuit

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.

Comment?

Related Topix: Kinder Morgan Management, Financial Services, Energy, South Carolina

Fri Nov 20, 2009

ABC News

Texas High Court Agrees to Rehear Exxon Case

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.

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Related Topix: Exxon Mobil, Energy

PressConnects.com

Pa. residents sue Cabot Oil & Gas over polluted wells

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.

Comment?

Related Topix: Cabot Oil and Gas, Energy, Susquehanna County, PA

WNOL-TV New Orleans

Weak demand and rising crude prices lead to another refinery closing; 550 workers let go

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.

Comment?

Related Topix: Valero Energy, Energy, Delaware City, DE

KSWB-TV San Diego

Technip, Schlumberger agree to jointly develop services for flexible deep offshore oil pipes

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

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Related Topix: Schlumberger, Energy

MarketWatch

Marathon to grow production by 6% in 2010

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.

Comment?

Related Topix: Energy, Marathon Oil Coporation, Garyville, LA, Chevron Corporation

Thu Nov 19, 2009

Australian Broadcasting Corporation

Pluto project cost blow-out

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.

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Related Topix: Energy

Abc13.com

Shell denies asking for delay in drilling plan

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.

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Related Topix: Energy

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