Energy

BPÔÇÖs Argentine deal collapses

The $7 billion (£4 billion) sale of BP’s 60 per cent interest in Pan American Energy to Bridas Corporation has collapsed, the company has announced.

Global oil & gas deals on the rise

Global oil & gas transactions rose 53 percent to $43 billion in the third quarter of 2011, compared with $29 billion in the second quarter of the year.

New power plants for Yorkshire

The UK’s Department of Energy and Climate Change has today given the go-ahead for two new power stations to be constructed in Yorkshire that together are expected to create over

Cheniere and BG sign long term LNG deal

Cheniere Energy Partners has announced that its subsidiary Sabine Pass Liquefaction has entered into its first LNG sale and purchase agreement with BG Gulf Coast LNG.

National Grid agrees sale of Onstream

Electricity and gas networks company National Grid has announced the sale of Utility Metering Services (which trades as Onstream) to Macquarie Bank for £274.3 million.

PanAfrican Energy Tanzania

Against a background of accounts that Iran is oil-rich but petrol-poor, Alan Swaby looks at Tanzania, which is gas-rich and electricity-poor.

South African Oil and Gas Alliance

Warwick Blyth, executive director of the South African Oil and Gas Alliance (SAOGA) tells Jayne Flannery why South Africa offers the perfect local base for a fast-expanding hub

Shale gas: a game changer for US industry

American Chemistry Council president and CEO Cal Dooley released a new report today on the potential benefits of shale gas to the Louisiana petrochemical industry, and the US in

AMEC wins £150 million BP contract

Engineering and project management provider AMEC has been awarded a £150 million contract to deliver engineering and project management services for the Clair Ridge project, wes

BP announces major North Sea investment

Energy giant BP has announced plans to invest almost £10 billion in developing four new North Sea oil and gas projects over the next five years.

Merger of two US oil services providers

Superior Energy Services has announced an agreement to acquire Complete Production Services for $2.7 billion.

Greatship (India) Limited

Greatship (India) Limited believes that technology, leadership and excellence in execution hold the key to expanding its offshore support business. Jane Alverca reports.

Chinese takeover for Daylight Energy

Canada’s Daylight Energy is to be acquired by Sinopec International Petroleum Exploration and Production Corporation (SIPC) for approximately C$2.2 billion.

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