Energy

Australia's natural gas industry needs reform - APPEA

According to an industry expert, the natural gas industry of Australia needs to have a policy revamp to stop possible losses and divestments.


Gulf natural gas unit explodes

A natural gas well exploded in the Gulf of Mexico today. A total of 44 workers were evacuated after a natural gas rig exploded in the Gulf of Mexico today.

OFS Energy Fund investment in KW International bears fruit

KW International announced that it has opened a new 140,000 sq ft production facility in Columbus, Texas improving its manufacturing capabilities.

PetroEdge becomes beneficiary of US $100 mln funding

PetroEdge secures US $100 million funding from Post Oak Energy Capital in partnership with Goldman Sachs.


Latest News

Plexus Holdings announced that they have acquired a UK engineering company to bolster its presence in the oil and gas industry.
Althon Energy Inc said that the company has filed for a public offering worth US$345 million Althon Energy Inc announced that they have file for an initial public offering (IPO) valued at US$345 million.
RIL announced that it is to invest a further US$5 billion in US-based shale gas business. Reliance Industries Ltd. revealed that it is going to invest more than US$5 billion over the next three years in its US-based shale gas enterprise.
Batista's worth went down 74% after losing more than US$30 billion. The richest man in Brazil, Eike Batista, saw his worth go down 74% this year.
Windsail Capital announced that they have invested US$5 million in NG Advantage. Boston based, venture capital firm, WindSail Capital Group announced that they have invested US$5 million in NG Advatage.
Private equity companies Blackstone and MBK Partners are seeking for Singapore IPOs for the properties they individually own in Taiwan and India.
The fertilizer industry was booming and “risks can be handled”, said local officials. Argus FMB North American Fertilizer, a trade publication, tracked around 20 proposals for fertilizer projects in North America in the past two years, according to the publication's editor, Lauren Williamson.
San Miguel Corporation announced that they were able to raise US$400 million from the Meralco stake sale
Enel Green revealed plans to expand its geothermal technology while global market for it is still young.
Petronas confirmed that they are in discussions with interested parties who could buy shares of Engen.
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