BHP Billiton (BHP.AX)(BLT.L), world’s largest mining company, is planning to drill for gas in South Africa’s West Coast. This project will pursue once they get their permits by August 2010. David van der Spuy, a resource evaluation manager at Petroleum Agency SA is quoted saying: “BHP Billiton holds the area on sub-lease under the previous [...]
Continue reading "BHP Billiton to Drill Gas in South Africa"
Wednesday, June 3, 2009
Iran has signed a USD 5 B deal with China National Petrolium Corporation for the exploitation of the giant South Pars natural gas field. For full story, click here
Continue reading "China, Iran will sign $5 bln Natural Gas Deal"
Monday, May 25, 2009
India declared that it can still join a natural gas deal between Iran and Pakistan, Tehran and Islamabad had signed an agreement on the exports of Iranian gas. For full story, click here
Continue reading "Iran: India will still join Iran-Pakistan Gas Deal"
Tuesday, April 21, 2009
Oil Search and its partners have struck the first liquefied natural gas sales deal for the $US12.5 billion Papua New Guinea LNG project. For full story, click here
Continue reading "Chinese company signed PNG natural gas deal"
Wednesday, April 15, 2009
The United Arab Emirates-based Crescent Petroleum is awaiting a response from Iran’s oil ministry on its proposed price hike on a gas export agreement. Majid Hamid Jafar, the executive director of Crescent, stated: The al-Halal oil company has agreed to a price higher than what had been previously announced, and has called on (Iran’s) Oil [...]
Continue reading "Crescent is awaiting response from Iran on new Gas Price"
Tuesday, March 17, 2009
Industry sources reported that Bahrain plans to triple its production of natural gas and crude oil. Bahrain’s National Oil and Gas Authority has signed an agreement with the U.S. firm Occidental Petroleum and the United Arab Emirate’s Mubadala Corp. for the development of the Bahrain Field. For full story, click here
Continue reading "Bahrain strikes a deal with U.S to hike natural gas production"
Monday, March 16, 2009
China announced that it has signed a $3.2-billion gas deal with Iran which is holding the world’s second-largest natural gas reserves, for the production of 10.5 million tones of LNG annually in Iran’s South Pars gas field over the next three years. For full story, click here
Continue reading "China, Iran signs $3.2 billion gas deal"
Tuesday, March 10, 2009
Reliance Industries has announced that it has resolved almost all issues with fertiliser firms and is set to start natural gas supplies from the company’s KG-D6 fields in the east coast of India once the agreements with the respective companies are signed. For full story, click here
Continue reading "Reliance Industries set to sign gas deal with fertiliser companies"
Tuesday, December 30, 2008
Phoenix Technology Income Fund announced that it has entered into an agreement to sell, on a bought deal basis, to a syndicate of underwriters. For full story, click here
Continue reading "Phoenix Technology Income Fund Announces Bought Deal Financing"
Thursday, November 27, 2008
With a new partner, favorable tax terms and an extended state exploration license, a group of businesses is looking for natural gas in the Nenana basin after a three-year hiatus in its exploration venture. For full story, click here
Continue reading "Doyon, partners form deal for Nenana natural gas well"
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Monday, May 24, 2010