Business news

Chevron and Kosmos have agreed to jointly explore Blocks 42 and 45 offshore Suriname.

Statoil has farmed into Petrofrontiers existing shale gas exploration permits in Australia’s Georgina Basin, the company has committed 25 million dollars to the initial phase of exploration and will commit more depending on results.

Turkish officials have revealed that an agreement over the Trans-Anatolian natural gas pipeline project (TANAP) is to be signed next week by the governments of Turkey and Azerbaijan.

The 345 000 bpd Enbridge pipeline that runs through Alberta, Canada has been shut after a second leak in less than two weeks was discovered.

Tokyo Gas looks to begin construction of Hitachi LNG terminal in July 2012.

Exxon Mobil is to cease its shale exploration activities in Poland in a move that will come as a heavy blow to the country’s ambitions of reducing its dependence upon Russia.

Eni has purchased a 50% share in LLC Westgasinvest in order to gain access to the Lviv Basin in Ukraine to explore for shale gas.

The government of Kazakhstan has set out legislation insisting that it will have a majority stake in all new oil and gas pipelines built in the country.

The world’s newest state could soon see the construction of a new oil pipeline that would cut its dependence on its northern neighbour.

Output from the US state of North Dakota has hit a new record high and the region looks set to become the next major US energy hub.

New projects between Telvent and PetroChina highlight national and global oil and gas pipeline trends.

Pipeline approval in Canada is becoming a crap-shoot. Gordon Cope takes a look at the odds.

Five bombs are reported to have exploded at an oilfield in Northern Iraq on Saturday; two pipelines were damaged but the country’s oil exports have not been affected.

A leading pipeline services company has surpassed its own records for inline inspections in Austria.

Wood Mackenzie have predicted that shale gas will not be able to satisfy domestic demand in China, and CTG and natural gas imports will be necessary to keep up with demand.