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30.06.2014 Timely Russian gas deliveries to China look far from certain

Shares of China Gas Holdings and its largest shareholder Beijing Enterprises Holdings have surged more than 10 per cent on the back of Russia's long-term natural gas supply deal with China that was signed last month, as they are seen as the biggest beneficiaries with sub

26.06.2014 Petrofac and First Reserve sign energy infrastructure agreement for $1.25 billion

Petrofac, the international service provider to the oil and gas industry, has entered into a Framework Agreement with First Reserve, the global energy-focused infrastructure investment firm, to create PetroFirst Infrastructure Partners, the company reported in a news rel

17.06.2014 BG sets agreement to sell interest in CATS pipeline & infrastructure for £562m

BG Group today announced it had agreed to the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners for total proceeds up to £562 million, or approximatel

12.06.2014 New Tundra Road Paves The Way For Igor Sechin

Moscow confirms that federal financing will be granted to the building of a new road connection to the Pechora Sea. The road is likely to be of key importance for Rosneft’s new Arctic project.

12.06.2014 Russia confirms plan to stimulate Caspian offshore hydrocarbon production

The Russian government has confirmed its Plan for the overall stimulation of hydrocarbon production on the Russian continental shelf in the Russian section of the Caspian Sea, the Russian Energy Ministry has reported.  The Plan was first presented in 2012, during a meeti

24.04.2014 Chinese crude oil stocks down in March

China's commercial crude oil inventories at the end of March fell 2.89 percent from a month earlier on lower crude imports, the official Xinhua news agency said on April 23, Reuters has reported.

22.11.2013 Russia’s Vankorneft to Operate New Rosneft Projects

Rosneft board has approved Vankorneft as the operator of the projects to develop the Lodochnoye, Suzunskoye and Tagulskoye fields and build a 150 MW power station to supply the fields with power.

11.07.2013 PostRock (PSTR) Spends $11.9 Million on Development Projects

PostRock Energy Corporation (Nasdaq:PSTR) today provided an update on its operations. During the second quarter, the company spent approximately $11.9 million on development projects, primarily targeting oil development and infrastructure.

09.07.2013 Uganda Wants Chinese-Built Infrastructure Paid for With Oil

Uganda will offer most of its infrastructure projects to Chinese companies because they can be repaid from future oil revenue, unlike Western businesses that expect advance payment, the Prime Minister’s office said, according to Bloomberg.

15.01.2013 Cyber Attacks at Energy Facilities Jump 40%

Fuel Fix reports that Cyber attacks against the energy industry grew at an “alarming rate” in 2012, jumping 40 percent, according to a quarterly update from the U.S. Department of Homeland Security.