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Oil & Gas

Gazprom signs 30-year gas delivery contract with China

May 27, 2014
Russia and China have signed a historic 30-year gas delivery deal that is estimated to be worth more than $400 billion.
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House of Lords committee calls for 'urgent' fracking regulation in UK

May 12, 2014
The UK urgently needs to regulate fracking, so that the country's economy can start benefiting from the opportunities created by shale gas.
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Oil & gas industry contributes £35 billion annually to UK economy

May 2, 2014
Although oil prices are persistently high and production is declining in the UK, the outlook for the oilfield services industry is very positive.
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Domestic demand to fuel Russia's petrochemical industry growth

April 21, 2014
The Russian petrochemical industry is set to benefit from increasing domestic demand over the medium term, with non-oil industrial sectors emerging as the strongest driving force for growth.
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Petronas to build $27 billion refinery complex

April 15, 2014
Malaysia's state-owned oil and gas company Petronas has announced plans to invest $27 billion in the construction of a new refining and petrochemical complex in the southern state of Johor.
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Chevron signs renewed agreement for shale development in Argentina

April 14, 2014
U.S. energy giant Chevron Corporation has announced plans to invest more than $1.6 billion to develop shale reserves in Argentina.
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Japan launches first fracking operations

April 11, 2014
Commercial production of shale oil in the northern prefecture of Akita will start at a much smaller scale than in the United States.
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Global refining industry outlook predicts growth in 2014, 2015

April 9, 2014
Chinese refiners are predicted to add the largest proportion of new refining capacity planned globally in 2014/2015, with the launch of a further 1.2 million bpd.
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UK oil & gas companies upbeat for short-term growth

April 8, 2014
Over the next two years UK oil and gas companies anticipate that they will create as many as 39,000 new jobs.
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TransCanada wins firm natural gas transportation commitments for ANR

April 7, 2014
Calgary-based pipeline operator TransCanada Corp. has secured long-term commitments for the transportation of nearly 2 billion cubic feet of natural gas per day via its ANR pipeline system.
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