Geithner looks to China for help backing Iranian oil sanctions
US Treasury Secretary Timothy Geithner has met leaders in Beijing to discuss the possibility of Chinese support for sanctions on Iranian oil.
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US Treasury Secretary Timothy Geithner has met leaders in Beijing to discuss the possibility of Chinese support for sanctions on Iranian oil.
Aker Solutions has signed a contract with Marathon Oil Norge AS to supply a subsea production system for the operator's Bøyla project on the Norwegian continental shelf.
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.
Another successful inline inspection carried out for E.ON UK confirms pipeline integrity.
New regulatory recommendations expected to be released by the Federal Aviation Administration (FAA) could allow oil and gas companies to purchase lightweight, unmanned drones akin to those used by the military.
German Chancellor Angela Merkel and the Russian President Dimitry Medvedev have symbolically opened the valve on the 1200 km long Baltic Sea Pipeline that connects Russia's natural gas reserves with Europe.
FPIC has started preparations for the final test that would confirm if its petroleum pipeline is ready to resume operations.
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.
According to company sources, TNK-BP will invest up to US$ 10 billion in Arctic oilfield development and construction of a pipeline to link the fields with an export pipeline.
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.
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.
The Bulgarian Finance Minister has stated that the Bulgarian government has decided to pull out of the Russia-led Trans-Balkan oil pipeline project.