Oil and Gas Insight provides oil and gas market intelligence, trend analysis, forecasts and company profiles for the oil and gas industry on a country-by-country basis across the USA, Canada, Latin America and the Caribbean, Central, Eastern, South East and Western Europe, Asia, the Middle East and Africa. It gives access to the latest independent analysis of market data for the global oil and gas industry as well as a searchable archive of past articles and data.
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Industry / Azerbaijan
British major BP has agreed to pay US$7bn for US independent Devon Energy's assets in the US Gulf of Mexico (GoM), Azerbaijan and Brazil. The March 11 agreement, part of Devon's global restructuring plan, will solidify BP's strong presence in the GoM and west Caspian, while finally giving the oil major much sought-after exposure to the Brazilian subsalt play.
2010-03-11Business Environment / Peru
French independent Perenco has submitted to the Peruvian energy ministry an environmental report for the Curaray-Andoas oil pipeline project, part of its large heavy crude development...
2010-03-09Political Risk / United States
The US federal government and the states are set for a new skirmish over liquefied natural gas (LNG) projects in the country. On March 2, five Senate Democrats re-introduced a bill...
2010-03-08Business Environment / Indonesia
Indonesia could miss its 2010 oil and condensate production target if the government carries out its plans to enforce stricter environmental regulations, an unnamed official at state energy company Pertamina told Reuters on March 11.
2010-03-11Companies / Indonesia
Japanese utility Chubu Electric Power has agreed to buy a total of 2mn tonnes of liquefied natural gas (LNG), equivalent to 2.8bn cubic metres (bcm), between 2011 and 2015 from Indonesia's...
2010-03-09Industry / Philippines
Leading Philippine refiner Petron is to invest US$600-700mn through to 2014-2015 on upgrading its processing facilities, CEO Eric Recto told Reuters on March 5.
2010-03-05Industry / Russia
Russian oil pipeline monopoly Transneft will begin constructing a new major link from northern Russia on March 11. The 430km Purpe-Samotlor pipeline will provide a better export route from crude volumes from the giant Vankor oil field and will speed up the development of other deposits in the Yamal and north-western Krasnoyarsk regions.
2010-03-10Industry / Germany
France has officially signalled its support for the Russian-backed Nord Stream pipeline project. On March 2, partially state-owned GDF Suez signed a letter of intent (LoI) with the...
2010-03-02Companies / Germany
Russia's state-owned Gazprom has renegotiated gas sales prices with three of its European customers: France's GDF Suez, Germany's E.ON Ruhrgas and Italy's Eni, according to...
2010-02-26Companies / Iraq
UK-based explorer Gulf Keystone Petroleum (GKP) said on March 10 that it will have to raise funds in order to take control of its joint venture (JV) in Kurdistan after the material default of its partner
2010-03-11Industry / Namibia
Russian gas giant Gazprom is close to reaching a deal with Anglo-Irish explorer Tullow Oil to enter the Kudu gas-to-power project in Namibia. The deal would mark Gazprom's first...
2010-03-10Companies / Algeria
Algeria is planning to hold a licensing round before the end of 2010, the country's energy minister, Chakib Khelil, told Reuters in a March 8 interview. The minister did not provide...
2010-03-10Companies / United Kingdom
London-listed oil services company Petrofac has announced that it is spinning off its UK upstream assets and combining them with Lundin Petroleum's into a new North Sea-focused company, dubbed EnQuest.
2010-03-04Companies / Qatar
Qatar's Ras Laffan Liquefied Natural Gas Company (RasGas) announced the start-up of train seven of the RasGas III project on February 24.
2010-02-25Companies / United Kingdom
The UK's Department for Energy and Climate Change (DECC) has granted a licence to Gateway Storage Company to build a new gas storage facility in the east Irish Sea.
2010-02-16
