British oil giant, BP and India’s Reliance Industries Limited (RIL) announced the acquisition of a 30 per cent stake in 21 oil and gas production sharing contracts (PSCs) that Reliance operates in India, including the producing KG D6 block.
read more... 02/09/2011
Royal Dutch Shell and the Ukrainian state-owned gas company, Naftogaz have firmed on Thursday an updated agreement on joint efforts to search and develop oil and gas fields in the Dnieper-Donets Basin, east of Ukraine
read more... 02/09/2011
U.S. and Brent crude oil futures were mixed on Wednesday on released report about a decrease in U.S. gasoline stocks last week and low North Sea crude supplies.
read more... 01/09/2011
The Government of Michigan is promising to push a renewable policy for utilities which provide electric and natural gas services to around 6.5 million residents of Michigan.
read more... 01/09/2011
The public gas supply corporation of Greece, called DEPA, has successfully renegotiated the long- term supply contracts with the Russian energy giant, Gazprom.
read more... 01/09/2011