Duke Energy sells Latin American assets for US$2.4 bn
Being one of the last energy utility companies in the US to still own major investments in overseas power assets, North [...]
Gas
Petronet signs deal for US$950 mn LNG import project in Bangladesh
Petronet, India’s largest liquefied natural gas (LNG) importer, has signed a deal to set up a US$950 million LNG import [...]
ExxonMobil makes new natural gas discovery in Papua New Guinea well
International oil and gas company ExxonMobil announced a new natural gas discovery in the Muruk-1 exploration well in the [...]
Woolworths sells Australian fuels business to BP for A$1.8 bn
Woolworths Ltd. is selling its fuels business unit with a portfolio of more than 500 gas stations across Australia to [...]
Brazil’s Petrobras signs US$2.2 bn strategic alliance deal with France’s Total
Brazil’s semi-public multinational petroleum corporation, PetróleoBrasileiro S.A. (Petrobras), has signed an assets [...]
Offshore drilling in parts of Atlantic, Arctic to be banned by Obama
US President Barack Obama is planning to ban offshore oil and natural gas drilling in some parts of the Atlantic and Arctic [...]
BP signs US$2.2 bn onshore oil field deal with Abu Dhabi
British multinational oil and gas company BP PLC cemented its 77-year relationship with Abu Dhabi with the signing of an [...]
US EPA warns of the harmful impacts of fracking to drinking water resources
Hydraulic fracturing, also known as fracking, which is used to release natural gas and oil has been found to negatively [...]
Google, EDF help PSE&G reduce methane leaks from its natural gas system
The largest utility company in New Jersey, US, Public Service Electric & Gas (PSE&G), has been working closely with [...]
Qatar Petroleum set to merge LNG producers Qatargas, RasGas to cut costs
A plan to integrate the activities state-owned liquefied natural gas producers Qatargas and RasGas Co Ltd has been recently [...]
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