Industry Developments

US oil major Chevron announced a significant gas discovery in the Greater Gorgon area on November 9. Though further work will be required to ascertain the potential of the Clio-1... 2006-11-13

CNC Gas & Power Company, a unit of China National Offshore Oil Corporation (CNC), has said that it will import 25mn tonnes per year (tpa) of liquefied natural gas (LNG) by 2010... 2006-11-10

In a bid to strengthen its security of supply, Japan's second-largest utility company, Kansai Electric Power Company, has agreed to increase shipments of liquefied natural gas (LNG)... 2006-11-09

Four years ago China's massive West-East gas pipeline project was at risk due to concerns about a lack of demand. Since then surging coal and oil prices have contributed to a growth... 2006-11-08

Singapore Petroleum Company (SPC) and Indonesian state oil company Pertamina have signed a preliminary agreement to spend up to US$1bn over the next five years developing oil and... 2006-11-03

Indian Petroleum and Natural Gas Minister Murli Deora will travel to Moscow for discussions on widening access to Russian energy supplies in early-November. While he is able to offer... 2006-11-01

Petronas the Malaysian oil major has, with junior partners Korea Gas, Samsung and LG International signed a Production Sharing Contract (PSC) with the Timor Sea Designated Authority... 2006-10-31

China National Offshore Oil Corporation (CNC), the country's largest offshore oil and gas producer, has posted Q3 results showing an growth in sales to CNY18.6bn (US$2.4bn), a 25%... 2006-10-31

China National Offshore Oil Corporation (CNC) has signed a US$25bn agreement with Malaysia's state-controlled Petronas to import liquefied natural gas (LNG) as part of its plans to... 2006-10-30

The last few years have brought a flood of new global E&P investment, as high prices have enabled international oil companies (IOCs) and national oil companies (NOCs) to explore... 2006-10-30