http://www.oilandgasinsight.com Oil and Gas Insight RSS Feed from Business Monitor International en Copyright 2010, Business Monitor International Ltd Thu, 04 Mar 2010 06:30 GMT Thu, 04 Mar 2010 06:30 GMT AFP RSS Generator British major BP sealed a joint venture (JV) with independent Lewis Energy on March 1 to exploit the Eagle Ford Shale in south Texas, according to the chairman of the Independent Petroleum Association of America (IPAA) cited by Platts. http://www.oilandgasinsight.com/file/86720/BP-Enters-Third-US-Gas-Shale-Venture.html Wed, 03 Mar 2010 00:00 GMT Italian oil major Eni has announced plans to double its investment in Nigeria while expressing concern about proposed regulatory changes in the country. http://www.oilandgasinsight.com/file/86666/Eni-Treads-Cautiously-Amid-Oil-Bill-Risks.html Tue, 02 Mar 2010 00:00 GMT France has officially signalled its support for the Russian-backed Nord Stream pipeline project. On March 2, partially state-owned GDF Suez signed a letter of intent (LoI) with the venture's leader Gazprom to acquire a 9% stake in the pipeline in the presence of presidents Nicolas Sarkozy and Dmitriy Medvedev. http://www.oilandgasinsight.com/file/86665/Paris-Pins-Colours-To-Nord-Stream-Mast.html Tue, 02 Mar 2010 00:00 GMT The Supreme Administrative Court of Egypt has overturned a ruling by a lower court to ban gas exports to Israel. The supreme court ruled on February 27 that the lower court was acting outside its jurisdiction when it ordered the export ban in November 2008. The verdict, which cannot be appealed, brings an end to a year-long legal dispute between the government and a group of lawyers that had accused it of selling gas to Israel at below-market prices. http://www.oilandgasinsight.com/file/86664/Court-Overturns-Israel-Gas-Exports-Ban.html Tue, 02 Mar 2010 00:00 GMT British utility Centrica has agreed to buy Suncor Energy's Trinidad and Tobago (T&T) business for US$380mn. http://www.oilandgasinsight.com/file/86614/Centrica-Acquires-Suncors-Trinidadian-Assets.html Fri, 26 Feb 2010 00:00 GMT Russia's state-owned Gazprom has renegotiated gas sales prices with three of its European customers: France's GDF Suez, Germany's E.ON Ruhrgas and Italy's Eni, according to the Financial Times (FT). http://www.oilandgasinsight.com/file/86612/Gazprom-Renegotiates-Gas-Sales-Prices.html Fri, 26 Feb 2010 00:00 GMT Chile's second liquefied natural gas (LNG) import terminal received its first test cargo, delivered from Trinidad & Tobago, on February 24. http://www.oilandgasinsight.com/file/86613/Mejillones-LNG-Facility-To-Become-Operational-In-May.html Fri, 26 Feb 2010 00:00 GMT Iraq will develop the Nassiriya (Nasiriyah) oil field on its own after failing to broker a deal with a Japanese consortium. he failure of the Nippon Oil-led joint venture (JV) to clinch the deal after a series of near misses reduces Japan's prospects of gaining access to Iraqi oil reserves. http://www.oilandgasinsight.com/file/86610/Baghdad-Pulls-Plug-On-Nippon-Oil-Talks-Over-Nassiriya.html Mon, 01 Mar 2010 00:00 GMT State-run Petróleos de Venezuela (PdVSA) may be forced to abandon its refinery on the Caribbean island of Curaçao because of the US military presence on the Dutch-governed territory, according to a February 27 Reuters report http://www.oilandgasinsight.com/file/86611/PdVSAs-Curacao-Refinery-Commitment-Wavers.html Mon, 01 Mar 2010 00:00 GMT US independent Anadarko Petroleum has acquired a 50% stake in offshore exploration permit PEP 38262 in the Canterbury Basin offshore New Zealand's South Island from Australia's Origin Energy. http://www.oilandgasinsight.com/file/86526/Anadarko-Enters-New-Zealand-Exploration.html Thu, 25 Feb 2010 00:00 GMT Foreign oil operators in Ecuador have agreed to more than double their investment in the country in 2010, according to a statement by the country's energy ministry on February 24. http://www.oilandgasinsight.com/file/86527/Oil-Investment-Dearth-Eases.html Thu, 25 Feb 2010 00:00 GMT Radoslaw Dudzinski, CEO of Poland's state-owned Polskie Górnictwo Naftowe i Gazownictwo (PGNiG), has said that he expects Polish gas demand to increase considerably by 2015 as the country develops new gas-fired power stations, Reuters has reported. http://www.oilandgasinsight.com/file/86523/PGNiG-Expects-Gas-Demand-To-Rise.html Wed, 24 Feb 2010 00:00 GMT Qatar's Ras Laffan Liquefied Natural Gas Company (RasGas) announced the start-up of train seven of the RasGas III project on February 24. http://www.oilandgasinsight.com/file/86524/RasGas-III-Train-Seven-Brought-Onstream.html Thu, 25 Feb 2010 00:00 GMT Brazil's lower house of Congress on February 25 approved a bill that would create a fund to invest oil revenues in education, health, the environment and other social and economic development projects. The bill is the third in a package of four reforms aimed at overhauling the country's oil legislation to give the state greater control over the country's vast and potentially lucrative offshore subsalt reserves. http://www.oilandgasinsight.com/file/86525/Brazils-Oil-Reform-Takes-A-Step-Forward.html Thu, 25 Feb 2010 00:00 GMT Partners in the Australia Pacific LNG venture Origin Energy and ConocoPhillips have agreed to supply gas to a rival coal bed methane (CBM)-fed liquefied natural gas (LNG) project in Queensland run by Britain's BG Group. http://www.oilandgasinsight.com/file/86522/Gladstone-LNG-Rivals-To-Share-Feedstock.html Thu, 25 Feb 2010 00:00 GMT