Business news - 30 June 2014

A recent report by the British Geological Survey reveals modest reserves of shale gas and oil in Scotland.

Viktor Zubkov has been named as the new Chairman of Gazprom’s Board of Directors, while Alexey Miller was appointed as Deputy Chairman.

AWE and Titan Energy have confirmed that the Drover-1 exploration well has been spudded in the Perth Basin, Western Australia.

INPEX-operated Ichthys LNG Project has commenced gas export pipeline installation works.

“Fracking has succeeded where Kyoto and carbon taxes have failed.”

Report claims the NEB authorised a special fee that allowed Kinder Morgan to build up a CAN$ 136 million ‘war chest’ to pursue expansion of the Trans Mountain pipeline.

The American Petroleum Institute is calling for greater energy development on US federal lands.

GAIL has suspended two senior company officials after a fire caused by a possible leakage in an underground gas pipeline killed 19 and injured several others.

SOCAR President receives delegation of Swiss AXPO Group Company.

How and why wireless communications have become such a critical component of the oil and gas industry.

Trans Adriatic Pipeline is continuing its pre-qualification of potential suppliers for the construction of the 870 km long high pressure natural gas pipeline.