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18.03.2014 Ukrainian ministry, Chevron discuss Olesskaya field

Ukrainian environment minister Andry Mokhnyk and Chevron representatives on March 13 discussed exploration at the Olesskaya shale gas field in the regions of Lvov and Ivano-Frankovsk, the ministry has said on its website.

18.03.2014 US forces seize tanker seeking to ship illicit Libyan oil

U.S. Navy SEALs boarded a tanker carrying oil from a port controlled by rebels in eastern Libya, thwarting the group’s first attempt to sell crude independently of the central government, Bloomberg reported on March 17.

18.03.2014 Encana may sell US natural gas field

Encana Corp. may sell its huge Jonah natural-gas field in Wyoming to a pair of U.S.

17.03.2014 Gazprom to lose from Crimean crisis – Fitch

Fitch said that while European countries might cut Russian gas purchases because of the crisis, Gazprom would have to cut its gas exports in the worst-case scenario. Fitch estimated that Gazprom accounted for some 30% of EU gas imports last year.

17.03.2014 US-based consortium head likely for Turkmen-India gas pipeline

The $9-billion Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline project is likely to see an America-based consortium leader, India’s Business Standard reported on March 17.

17.03.2014 Alaska sues U.S. over oil exploration plan

Alaska sued the Obama administration over its rejection of an oil and gas exploration plan for the Arctic National Wildlife Refuge as the state seeks to determine the extent of energy resources in the area, Bloomberg reported on March 15.

14.03.2014 BP reaches agreement with US environmental authorities over oil spill

BP on March 13 announced that it has entered into an administrative agreement with the United States Environmental Protection Agency (EPA), on behalf of the federal government, resolving all matters related to the suspension, debarment and statutory disqualification of B

11.03.2014 Ukraine crisis: Visegrad Group in gas import appeal to US

A letter by ambassadors of the Visegrad Group of countries has been addressed to the US Congress saying the current, unpredictable situation in Crimea is highly reminiscent of the Cold War era and draws attention to the strategic importance of securing dependable deliver

07.03.2014 US Hopes to Cash in on Ukraine Crisis

The US is rushing to fast-track its ambitions to begin exporting its newfound natural gas resources to Europe in a scheme that is being framed as an effort by the Obama administration to undercut Russian President Vladimir Putin’s influence over Ukraine and Europe.