Modernizing Ukraine's gas transportation system would cost an estimated $19.5 billion at a minimum and would do nothing to reduce risks to transit of Russian gas to Europe, according to an article in the Financial Times authored by Gazprom spokesman Sergei Kupriyanov.
GE (NYSE: GE) announced its jet engine-based aeroderivative gas turbines have been chosen to power First Generation Corporation’s (First Gen) Avion power plant in the Philippines.
Russian Energy Ministry believes that Moscow has the right to appeal to the World Trade Organization (WTO) in regards to the law on the reformation of the management system of the Ukrainian gas network, the newspaper Izvestiya wrote on Tuesday, with reference to the Depu
Aberdeen's Robert Gordon University (RGU) announced Tuesday that it is launching a data technologies center that will focus on 'Big Data' analytics, particularly for the oil and gas sector.
Rosneft Chairman of the Management Board Igor Sechin held a working meeting with PetroVietnam (Vietnam Oil and Gas Group) Chairman of the Board of Directors Nguyen Xuan Son in Moscow, Tuesday.
Managers of Russia's state-controlled natural gas exporter Gazprom may face corruption charges in Switzerland, the Swiss federal prosecutor's office said, confirming a Swiss media report, reports Reuters.
Halliburton Co. agreed to pay $1.1 billion to settle a majority of lawsuits brought over its role in the largest offshore oil spill in U.S. history, writes Bloomberg.
Slovakia initiated reverse deliveries of natural gas to Ukraine on Tuesday with enough capacity to cover up to a fifth of the country’s needs, reports Russia Today.
African Petroleum Corp. is on the lookout for strategic partners on its acreage in West Africa, specifically in Côte d’Ivoire, Liberia, Senegal, and Sierra Leone.
Statoil has entered into an agreement with DNV GL to establish an industrial cooperation to introduce an international industry standard for subsea process technology.