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Senegal says oil, gas and mine contracts will be reworked if needed

Senegal s new Energy and Mines Minister said on Thursday the government would renegotiate oil, gas and mining contracts if necessary once a promised audit is completed. ....

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Horizon Oil acquires 25% Stake in Mereenie gas field in Northern Territory

The total consideration, including both the headline and deferred contingent payments, amounts to $33.4mn. ....

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Southern cone gas threatens LNG imports

With Bolivian gas in crisis and Argentinian shale gas production surging, the southern cone’s gas flows are changing fast. Brazilian LNG importers appear to be betting on strong electricity demand maintaining gas’s pivotal role in the electricity generation sector. ....

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Caspian deal breakdown highlights Iran's gas shortcomings [Gas in Transition]

The impasse also highlights the delicate nature of Iran s domestic gas balance, as shortages have sent the use of Mazut – high sulphur fuel oil – in cement plants and power production rocketing upwards. ....

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BP starts production at Seagull oil, gas field in UK North Sea

The project is expected to produce around 50,000 barrels of oil equivalent gross/day at peak production. [Image: BP] ....

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