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Total acquires acreage in Utica shale

Total has acquired a 25% share in Chesapeake’s and EnerVest’s liquids-rich area of the Utica shale play located across 10 counties on the eastern side of the state of Ohio, USA.

 
 
 
 
 

Total to source LNG from Atlantic basin

Total are looking to the Atlantic Basin as a physical back-up for Western Europe and will also look to Australian projects to help alleviate global LNG supply squeezes.

 
 

First order for Siemens SGT-750 industrial gas turbine

WINGAS GmbH, a joint venture of the BASF subsidiary Wintershall and the Russian company Gazprom, which operates a Germany-wide natural gas pipeline network extending more than 2500 km, has ordered the Siemens turbine.

 

Unexpected end to COP17 brings a climate deal closer

In an unexpected end to the COP17 summit in Durban South Africa, the US, China and India have agreed to be included in a new legal framework for emissions reduction that will come into force in 2020, although the details of the deal are yet to be agreed. COP17 also agreed to an extension of the Kyoto Protocol to 2017.