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BHP Billiton acquires shale acreage

BHP Billiton has agreed to acquire all of Chesapeake Energy Corporation's interests in the Fayetteville Shale, USA.

 
 
 
 

Oil & gas supply chain opportunities in the Middle East

The Middle East continues to be a key market for the UK supply chain, which is not surprising given the regionÂé¶¹´«Ã½Ó³»­™s significant share of the worldÂé¶¹´«Ã½Ó³»­™s oil and gas reserves and the fact that plenty of investment is taking place.

 

New Projects in the Eagle Ford Shale

Energy Transfer Partners LP (ETP) announced it has entered into multiple long-term agreements with shippers to provide additional transportation services from the Eagle Ford Shale located in South Texas, USA.

 
 
 

Armenia to import oil from Iran

The construction of a pipeline that will transport oil from Iran to Armenia will begin this year.

 
 

API comment on US oil tax

API believe that administration tax hike will hurt jobs, cut government revenue.

 
 

BRE Trust issues 'Financing UK Carbon Reduction Projects' report

Funding for small-scale solar, biomass and other carbon reduction projects in the UK could rise significantly if consistent reporting guidelines for these schemes can be agreed, a study from BRE Trust, owner of the UKÂé¶¹´«Ã½Ó³»­™s leading building research body BRE showed.

 

Shale assets acquired in Marcellus-Chattanooga

Westmont Resources Inc announced the filing of a Current Report on Form 8-K announcing that it has completed the acquisition of 92 wells in the Chattanooga Shale region.

 

Uncertain future for Sudan oil revenues

From 9 July 2011, a new African state will emerge from Sudan, as the North and South are reconciled via a January referendum declaring the independence of the southern part of the country.