Energy

Tokyo Gas eyes majority stake purchases in LNG projects in Southeast Asia, Africa

Tokyo Gas said it would looking at majority stake purchases for mid-sized LNG projects in Southeast Asia or Africa to bring down import costs.


Saudi Arabia joins shale gas economy

By utilizing shale gas reserves in the country, Saudi Arabia can use the now popular energy resource for local purposes and use its oil for exclusively for export purposes.

OVL and Shell exercise pre-emption right over Petrobras oil block

In order to block the bid of Sinochem, OVL and Shell filed notice of purchase on the USD1.543 billion oil block interest from Petrobras.

Europe's Clean Energy investment falls by 14%

Europe's clean energy investment had fallen 14% after cheaper US natural gas had lured more investment, said a London-based research firm.


Latest News

The position of COO was created and an old hand resigns from the company, according to Athabasca Oil Corp announcement.
Investors seeking a higher violation for shares of OAO RN Holdings, a subsidiary of OAO Rosneft. Templeton Emerging Markets Group Chairman Mark Mobius said the OAO Rosneft offer to purchase shares in OAO RN Holding must be pegged above RUB67 or USD2.
Chesapeake Energy Corp chief executive officer Doug Lawler had started trimming company's assets and expenses to shift the company's focus to its core business.
State-backed China National Offshore Oil Corp might have overpaid for the acquisition of Canada-based Nexen Inc, according to a Reuters special report.
Consol Energy's 'all options' review help share values increase. The largest US coal production company in terms of market value, Consol Energy Inc.
The Catapult Group provides service and administrative support for contract affiliates. The most recent fund of the Natural Gas Partners, NGP Natural Resources X LP as well as NGP Energy Technology Partners LP had pledged significant capital commitments in order to establish the Catapult Group.
GAIL India agrees to sell off shares through block sales in China Gas Holdings. GAIL, the state-run gas company, had offered to sell USD65 million worth of stocks in China Gas Holdings Ltd.
Leading Japanese trading firm Itochu formalizes latest contract with the Sultanate of Oman for oil imports.
The Energy Opportunity Fund LP is managed by Mitsubishi backed Alternative Investment Capital Ltd. Japan's largest trading firm and biggest importer of liquefied natural gas, Mitsubishi Corp, had laid out plans to lead the start up of its first energy focused private equity fund.
For USD3.88 billion all share exchange transaction, Regency Energy acquires PVR Partners. Pipeline partnership Regency Energy Partners LP, which is controlled by Energy Transfer Equity LP, agreed to purchase PVR Partners LP for USD3.
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