Keyword: oil and gas

News

Shell sells stakes in Australian gas project for $1.14 billion

21.01.2014 - As part of a drive to improve its return on investment, Shell has agreed to sell stakes in a gas project in Western Australia to Kuwait Foreign Petroleum Exploration Company...

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Total Deal Speeds Up UK Shale Gas Race

14.01.2014 - Total has become the first major oil and gas company to strike a deal to explore for shale gas in Britain, boosting a technology which has brought cheap energy to the United States...

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Petrobras: Refineries Operating At 97 Percent Capacity

09.01.2014 - Brazil's state-run oil company Petrobras refined an average 2.03 million barrels a day of crude in the first 11 months of 2013, an amount equivalent to about 97% of its capacity...

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LyondellBasell Restarts Idled Texas Methanol Plant

06.01.2014 - As part of its drive to take advantage of the shale gas boom, LyondellBasell has restarted a methanol plant at its Channelview site in Texas. The polyolefins giant closed the U.S...

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BP Inks Tight Gas Exploitation Project in Oman

02.01.2014 - Oil and gas multinational BP has signed deals on tight gas projects worth $16 billion in Oman as well as a non-binding agreement to develop a 1 million t/y acetic acid plant at...

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U.S. Court Allows Pennsylvania Towns to Limit Fracking

30.12.2013 - In what could be a landmark decision, the supreme court of the U.S. state of Pennsylvania has ruled that the state's elimination of zoning and land-use planning rights of local...

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BASF and Gazprom Finalize Asset Swap

29.12.2013 - Shortly before Christmas, BASF and Gazprom finalized a previously announced asset swap that will give the German chemical giant a bigger share of Russian gas exploration rights in...

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BASF Reported to be Bidding for Dea

23.12.2013 - BASF has declined comment on rumors it is preparing to bid for Dea, the German oil and gas exploration subsidiary energy giant RWE has put up for sale. Bids for the business must...