Category: Oil and Gas
At a time when the Election Commission is about to announce the Lok Shaba poll dates, India invited Saudi Arabia to revive the implementation of $44 billion (Rs 3.08 lakh crore) West Coast refinery project in Maharashtra. Saudi Aramco, the kingdom’s national petroleum and natural gas company, …
The deal could also include financing provided by state-run Chinese banks for the export capacity expansion of Cheniere Energy US-based LNG supplier, Cheniere Energy, is reported to be in discussions with Sinopec, a Chinese oil and gas enterprise, over a long-term LNG supply agreement. Apparently, …
Falling oil prices since last autumn has led to most oil and gas companies to decrease their spending in spite of increase in project production in the Permian for most businesses. Chevron and Exxon Mobil, two of the largest oil companies in the U.S. recently …
Arctic LNG 2 is expected to yield approximately 7 billion barrels of oil equivalent of resources Total, the French energy group recently signed a definitive agreement to acquire a direct 10% stake in Arctic LNG 2, an LNG development on the Gydan Peninsula led by …
The company will start off by drilling 5 wells at its Raniganj block to identify its shale gas potential. Renowned oil and gas exploration firm, Essar Oil & Gas Exploration and Production (EOGEPL) Ltd. has recently obtained environment clearance for exploring its Raniganj block in …
China has reportedly made plans to launch a national oil & gas pipeline group by uniting the long-distance pipeline resources of nation’s state-owned power companies, in one of sector’s biggest reshuffle in over two decades. Sources close to the matter claim that the change is …
Leading provider of subsea, construction and engineering services, Subsea 7, which caters to the offshore energy industry, has recently announced that the company has secured a substantial deal with British multinational oil and gas firm BP, for its assets in west of Shetland and the …
Matador Resources will be owning 51% of the San Mateo Midstream II while 49% will be owned by Five Point. Matador Resources recently announced that it will be forming a joint venture with private equity firm Five Point Energy to form the San Mateo Midstream …