BAGHDAD, April 27 (UPI) — Iraq increased its signature bonuses for international oil companies to take part in six oil and two gas blocks to a total of $2.6 billion.
Reviews of the Final Tender Protocol by the Platts news service suggest the substantial size of the bonus is more characteristic of a loan to the [...]
By Marc Levy Associated Press Writer
HOUSTON, Pa. — Illuminated drilling rigs glow for miles from atop flattened hills when night falls in this rolling farm and coal country in southwestern Pennsylvania.
Tanker trucks back up traffic on two-lane roads, and Texans wearing heavy coats and muddy boots fill Shelley’s Pike Diner at lunch as land owners [...]
Xinhua News Agency
Malaysia will invest US $5 to $6 billion in Iran’s gas fields, according to the cooperation memoranda of understanding (MOU)s that the two sides signed on Monday, Iran’s satellite press TV reported Tuesday.
“Malaysia will invest $5 to $6 billion via buy-back contracts in two Iranian gas fields (Ferdous and [...]
By RENEE SCHOOF - McClatchy Newspapers
WASHINGTON — With global warming melting the Arctic’s eons-old ice at an alarming rate, shipping and oil companies are looking ahead at how to exploit the new open waters.
For the past 30 years, the summer Arctic icepack has been shrinking. In 2007, the melt reached record levels. This past summer, [...]
CAIRO (AFP) – An Egyptian court on Tuesday ordered a freeze on controversial gas exports to Israel, saying parliament must first be consulted on the 15-year deal with Egypt’s former foe, a judicial source told AFP.
But Israel expressed confidence that the Egyptian government would not allow any interruption to gas deliveries under the deal despite [...]
JAKARTA, Nov 17 - Indonesian state oil firm Pertamina has named eight international oil and gas companies, including Exxon Mobil , Chevron and France’s Total , as its potential partners to develop the giant Natuna D-Alpha gas field, a senior company official said on Monday.
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Karen Agustiawan, Pertamina upstream director, told Reuters by short text [...]
Iran’s member of parliament Seied Mohammad Reza Tajeddini said here on Sunday that Iran has lost billions of dollars by a gas deal with a Gulf firm, the official IRNA news agency reported.
Tajeddini regarded the contract between the two sides as illegal, adding that it was against the constitution and the interest of the [...]
ISLAMABAD, Nov 7 (Reuters) - The Pakistani government said on Friday it would privatise 37 percent of the state’s stake in the Qadirpur gas field to accelerate exploration and increase production.
The state-owned Oil and Gas Development Company Ltd. (OGDC.KA: Quote, Profile, Research, Stock Buzz), Pakistan’s largest listed company, owns 75 percent of the gas [...]
SINGAPORE (Dow Jones Newswires), November 4, 2008
Cambodia remains on track to start up its first oil field next year from a Chevron Corp. led project, but “considerable caution must be exercised” in terms of the project’s commercial viability, a senior official of the Cambodian National Petroleum Authority said Tuesday.
“It’s premature to speculate” how much oil [...]
