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  • Woodside Petroleum's Production Affected by Maintenance
    News - 25 Jul 2010
    Woodside Petroleum's production is being affected by the cost of maintenance related closures and asset sales. The oil and gas company has recorded a drop in its second quarter production levels...
  • Santos Secures $2 Billion for LNG Projects
    News - 20 Jul 2010
    Santos (ASX:STO) has secured loans worth $2 billion from nine banks for its liquefied natural gas (LNG) plants in central Queensland and Papua New Guinea. The construction of the Gladstone project...
  • Chevron Signs Korean LNG Deal for Wheatstone Project
    News - 20 Jul 2010
    Chevron has signed a deal to supply liquefied natural gas (LNG) to a Korean Gas company from its Wheatstone project off the Pilbara in Australia's North West. The Korea Gas Corporation (KOGAS)...
  • BP Fits New Containment Cap in Gulf of Mexico Leak
    News - 12 Jul 2010
    BP says it's pleased with the progress being made in trying to contain the Gulf of Mexico oil leak with a new lower marine riser package (LMRP) containment cap over the Deepwater Horizon's...
  • BP Looks to Middle East for Funds
    News - 7 Jul 2010
    Tony Hayward of CEO of BP is now trying to marshal new funds from the middle east. He is looking to the Gulf as a way to help pay for the cleanup operation of what is being called the worst oil spill...
  • Oil Price Slides on Economic Growth Concerns in U.S. and China
    News - 4 Jul 2010
    With both China and the U.S. slowing down economically the price of oil has been sliding on a slippery path. As the two largest energy consuming countries curbed their demand for oil most people are...
  • BG Group Wins Approval for Gladstone LNG Project
    News - 27 Jun 2010
    BG Group Plc has received environmental approval for its proposed liquefied natural gas project in Queensland State on Friday. It is the second venture to secure permission. Four similar ventures are...
  • Strike Action Creating Problems for Woodside Petroleum
    News - 23 Jun 2010
    Woodside Petroleum Ltd. sent a statement to the Australian Securities Exchange warning about delays and rising costs at its Pluto LNG project. The Oil and Gas producer is facing rising construction...
  • BP Shares Plummet
    News - 15 Jun 2010
    BP shares plummeted to 355 pence as investors worried about the rising costs of the Gulf of Mexico oil spill crisis. U.S. President Barack Obama visited the spill hit areas and vowed to use all his...
  • Prime Movers In The Oil And Gas Industry To Recover Lost Ground With The Development Of New Fields, Finds Frost & Sullivan
    News - 14 Jun 2012
    Major players in the North American oil and gas market, which is characterized by instabilities, have taken a hit over the last couple of years due to the economic decline and price volatility....

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