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Oil & Gas

China's Sinopec shortlists 37 bidders for fuel marketing unit

State-controlled Chinese energy giant Sinopec has selected 37 potential buyers for a 30 percent stake in its fuel marketing unit, which analysts value in the region of $20 billion.
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LNG imports help diversify energy sources of US islands

Imports of liquefied natural gas (LNG) may soon allow island states and territories of the United States to diversify their energy sources and benefit from lower fuel prices.
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Ineos moves into UK shale exploration

Chemicals company Ineos has acquired a majority stake in an onshore exploration and development license in Scotland that includes its Grangemouth refining and petrochemical complex and the area around it.
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Canadian team to study impact of shale gas development on water quality

Scientists at the Canadian Rivers Institute (CRI) will examine surface water conditions in areas of New Brunswick with the highest potential for shale gas exploration.
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Two Bakken shale salt water disposal facilities acquired by Canada's Aqua Terra

Aqua Terra Water Management, L.P., a Canadian company that operates salt water disposal facilities, said on Thursday that it has expanded its business into the United States.
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Sempra Energy and partners to invest in liquefaction-export project

Energy services holding company Sempra Energy said last week that the partners in the Cameron Liquefaction Project have approved a final investment decision.
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Petronas hands refinery construction contract to Sinopec Engineering

Malaysian state-owned oil and gas company Petronas has awarded an oil refinery construction contract to China's Sinopec Engineering (Group) Co. Ltd., media reports said last week.
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Natural gas production in Marcellus Region reaches record high

Natural gas production in the Marcellus Region exceeded 15 billion cubic feet per day (Bcf/d) in July, the U.S. Energy Information Administration (EIA) reported.
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Shale gas processing equipment market poised for growth

With the U.S. leading the world in shale reserves exploration, and other countries starting to explore and develop their own reserves, strong growth is expected in the shale gas processing equipment market over the next five years.
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Bids invited for UK onshore oil and gas licenses

A new bidding process for onshore oil and gas exploration licenses was opened by the UK government last week.
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