News - Canada
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The sale of Spanish company Repsol's LNG assets has drawn interest from at least two European gas companies, it has been reported, with both Novatek and GDF Suez confirmed to be considering the assets.
In an interview with Bloomberg published today, CEO of GDF Suez, Gerard Mestrallet said that his company...
ExxonMobil and Rosneft have entered a Strategic Cooperation Agreement, through which they will set up an exploration programme for oil and gas projects in the Kara and Black Seas.
The exploration efforts, which are expected to cost an estimated $3.2 billion (USD), have already begun on the Black Sea...
Oil and gas firm Ithaca Energy has said that it has attracted the attention of several parties interested in a takeover of the company, including several unsolicited third-party inquiries and one confidential non-binding proposal.
Discussion has begun on the non-binding proposal; however, Ithaca says...
Concerned citizens, government and industry (though without choice) seemed have reached an accommodation in the debate on shale gas development in the Canadian Province of New Brunswick.New Brunswick recently issued new rules requiring industry to provide full disclosure of all proposed, and actual...
The U.S. Energy Information Administration has completed an initial assessment that suggests shale gas resources, which have recently provided a major boost to U.S. natural gas production, are also available in other world regions.EIA sponsored Advanced Resources International, Inc., to assess 48 gas...
Treasure buried in the backyard“Hopefully some of these ideas and concepts may be useful in the development of shale gas in Europe,” said Mike Simpson, General Manager, Unconventional Exploration, Global Exploration at Nexen Inc.He talked about Early Mover Advantage in a World Class Shale Gas Play...