Energy giant BP has signed a deal with Jordan to explore for natural gas reserves in the Risheh field near the border with Iraq in an investment that could reach billions of dollars.
Energy group Chevron has made a major offshore natural gas discovery off Western Australia, boosting the potential of the Gorgon project which is due to begin supplying natural gas to much of Asia from 2014.
While Russia dominates in the production and distribution of natural gas, the EU is trying to look away from Moscow to diversify in terms of its energy security and be less dependent...
Stepping off the red carpet at the Venice film festival, Venezuelan President Hugo Chavez heads for Belarus on Tuesday on his counter-current world tour to rally countries into forming a new natural gas cartel.
Australia has approved the construction of a massive gas complex off Western Australia. The project is piloted by Chevron, and ExxonMobil will supply gas from the plant to China and India under contracts worth more than 60 billion dollars.
Australia could sign its biggest ever trade deal if Environment Minister Peter Garrett approves a deal between Beijing's PetroChina and ExxonMobil to supply natural gas to China. Garrett says he will decide "in the next week".
China’s largest energy company agreed to buy 41 billion dollars worth of Australian natural gas at a signing ceremony intended to put a positive gloss on strained relations between the two trading partners after the Rio Tinto scandal.
Gas supplies to Europe are at the top of the agenda for talks beginning in Munich today between Russia and Germany. Germany is seeking assurances that it will not fall victim to disputes between Moscow and Ukraine, as happened last winter.
State-run Abu Dhabi Gas Industries Ltd (GASCO) has awarded contracts worth 9.2 billion dollars to international firms to build integrated gas systems in the United Arab Emirates, home to the world's fifth-largest gas reserves.
Turkey has signed a key gas-transit agreement with four EU countries on Monday to back the long-planned Nabucco project. The 3,300-kilometre pipeline is aimed at reducing Europe's reliance on Russian gas.
