Chevron Corporation (NYSE:CVX) announced that its Australian subsidiaries have signed additional binding agreements with Tokyo Electric Power Company (TEPCO) for liquefied natural gas (LNG) offtake and equity interests in the Chevron-operated Wheatstone Project.
Under the agreements, TEPCO will purchase an additional 0.4 million tons per annum (MTPA) of LNG from…
Oil prices could potentially fall to $50 a barrel in a worst-case scenario according to analysts Jan Stuart and Stefan Revielle, the Telegraph reports. ‘Oil demand would deflate sharply following acute crises of confidence,’ they say.
Potential negative scenarios involving the eurozone crisis could be the start of a collapse…
Cairn’s recommended offer for Nautical Petroleum will increase its presence in the region and raise its stakes in fields expected to produce oil within four years.
Edinburgh-based Cairn has mainly focused its efforts on searching for oil off the coast of Greenland, although it has so far been unsuccessful, racking…
Pursuant to the Company’s obligations under Disclosure and Transparency Rule 3.1.4, the Company hereby notifies that the following Director purchased Ordinary Shares of £0.05 each in the Company (the “Shares”):
Double A Limited, a discretionary Trust in which the extended family of Amjad Bseisu have a beneficial interest, notified the…
The Shale Gas sector in Europe is in its infancy.
Some of the recent shale gas finds include the entire Baltic basin, the Lublin basin in Poland, the Pannonian-Transylvanian basin in Hungary and Romania, as well as the Carpathian-Balkanian basin in Romania and Bulgaria. The onshore drilling service industry in…
