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Daniel Yergin on the future of global energy

Daniel Yergin on the future of global energy

Report. The recent rise of emerging markets as voracious consumers of energy has established a price point for oil at more than $100 a barrel, injected volatility into energy markets, and changed the e...

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Obama welcomes TransCanada plan for new pipeline

Obama welcomes TransCanada plan for new pipeline

Washington . The White House on Monday welcomed a Canadian company's plan to build an oil pipeline from Oklahom...

BP Investors See Spill Deal Narrowing $44 Billion Gap: Energy

BP Investors See Spill Deal Narrowing $44 Billion Gap: Energy

London. BP Plc investors said progress toward a settlement with the victims of the Deepwater Horizon disaster s...

Gulf Drilling Pays Off As Anadarko Hits Pay Dirt In Heidelberg

Gulf Drilling Pays Off As Anadarko Hits Pay Dirt In Heidelberg

Texas . Anadako Petroleum announced that it has successfully drilled a second well in a field off of the U.S. c...

AMERICAS

North America

Technip secures BP Mad Dog contract

Texas. Technip has been awarded a front end engineering design (FEED) contract by BP Exploration &...

Chevron Reports First Quarter Net Income of $6.5 Billion

San Ramon. Chevron Corporation (NYSE: CVX) reported earnings of $6.5 billion ($3.27 per share – dilut...

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Central America & Caribbean

Repsol Begins Deep-Water Exploration Drilling Off Cuba

MADRID - Spanish oil firm Repsol YPF SA has begun offshore drilling in Cuban waters as part of its g...

Experts: United States ill-prepared for oil spill off Cuba

Miami. The U.S. is not ready to handle an oil spill if drilling off the Cuban coast should go awry bu...

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South America

Chevron Requests Authorization to Temporarily Suspend Operations at Frade Field

SAN RAMON,  Chevron Corporation (NYSE: CVX) announced today that its subsidiary Chevron Brasil ...

New Brazilian pre-salt oil discovery

Stock Market AnnouncementStatoil (OSE: STL, NYSE:STO) together with operator Repsol Sinopec and part...

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EUROPE

British Islands

Centrica to buy ConocoPhillips Statfjord interests

London. Centrica PLC , the parent company of British Gas, Monday said it has reached an agreement wit...

DONG Energy acquires a stake in the first two projects in SMart Wind's Hornsea zone

Munich. DONG Energy has acquired a 33.3% stake in the first two offshore wind projects in the Hornsea...

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Western Europe

Eni adheres to new Corporate Governance Code

Rome . Eni announces that the Board of Directors has today approved its adherence to the new Corporat...

BP First Quarter 2012 Results

London. BP today reported its financial results for the first quarter of 2012. Underlying replacement...

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Central Europe

Macedonia to start talks on joining South Stream with Russia's Gazprom

Moscow. Macedonia will hold talks on October 1 with Russian gas giant Gazprom on joining the South St...

In Berlin, conflict over nuclear heats up

Berlin. Tens of thousands of anti-nuclear activists took to the streets in Berlin over the weekend to...

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ASIA

Middle East

Baker Hughes Opens R&D Center in Saudi Arabia

Houston. The Baker Hughes Dhahran, Saudi Arabia, Research and Technology Center opened today with a f...

Total acquires an interest in and becomes operator of Block 3 exploration license in Yemen

Paris. Total today announces that it has acquired from Oil Search a 40% interest in the Block 3 explo...

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Far East

Kuwait Petroleum Corporation (KPC) and Total sign a Memorandum of Understanding

Paris. Total today signed a comprehensive Memorandum of Understanding (MOU) with Kuwait Petroleum Int...

Chevron to Explore for Shale Gas in China

Houston .Chevron Corp. confirmed Thursday it has signed a joint agreement to explore for shale gas in...

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Southeast Asia

Siemens receives its first wind power orders from Thailand

Brande. Siemens Energy has received two major orders for a total of 90 wind turbines with a combined ...

ConocoPhillips Reports Sale of Vietnam Business Unit

Hanoi. ConocoPhillips announced that it has entered into an agreement to sell its Vietnam business un...

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AFRICA

Northern Africa

Siemens to provide long-term service to first hybrid solar power plant in Algeria

Orlando. Florida. Siemens Energy has been awarded a contract to provide long-term maintenance service...

MENA Hydrocarbons Announces Operations Update for Lagia Oil Field Development

Calgary . MENA Hydrocarbons Inc. announced further to its news release of January 30, 2012 that the P...

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East Africa

BPCL and Videocon riding high on gas find in Mozambique block

London . ET reported that state run refiner and retailer Bharat Petroleum Corp and consumer durables ...

Statoil confirms indications of gas offshore Tanzania

Oslo. Norway's Statoil and partner ExxonMobil have confirmed that the Zafarani-1 well in Block 2 offs...

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West Africa

Chevron delays Escravos gas plant till 2016

Abuja. The Chevron Nigeria's Escravos Gas Plant Phase 3B, may have inched a setback, following the oi...

Gunvor Oil Trader to Build Oil Terminal in Africa

Moscow. One of the world's largest oil trading companies Gunvor Group, owned by Russian businessman G...

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Reports and Analysis

Economic Analisis

Brazilian Offshore Fields - Caveat Emptor

Report. A decade ago Jim O'Neill, then Goldman Sachs head of global economic research and commodities...
Regression models estimate pipeline construction costs

Regression models estimate pipeline construction costs

Report. This article develops five regression models to estimate pipeline construction component cost...

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Reports

Ordons News Report for March 5, 2012

Report. We have selected the most important news published by Ordons News for you. We would like to g...

Daniel Yergin on the future of global energy

Daniel Yergin on the future of global energy

Report. The recent rise of emerging markets as voracious consumers of energy has established a price ...

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Energy Analisis

BP says oil to be slowest growing fuel in 2030

Report. World oil demand will rise by 18 percent from 2010 levels to 103 million barrels per day (bpd...

EIA forecasts oil, gas demand increases through 2013

Report. Worldwide crude oil consumption will increase by 1.3 million b/d this year and by 1.5 million...

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OCEANIA

Australasia

Worker Shortages Seen in Australia's Energy Sector

Sydney . Long-term global demand for natural gas has triggered construction for a number of liquefied...

Beach makes Coolawang gas find

Sydney. Beach Energy has found gas at its Coolawang-1 exploration well, the third in a four well expl...

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Melanesia

Talisman Energy May Look to Supply Gas to Exxon Mobil's PNG LNG Venture

Anchorage. Talisman Energy Inc., the Canadian explorer aiming to spend about $200 million in Papua Ne...

PNG LNG Project co-venturers approve project

Port Moresby. Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation and operator of the PNG...

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OPINION

Op-Ed Contributors

Growing global energy demand: a defining moment for Louisiana

Speech given by Marvin Odum, Upstream Americas Director, Royal Dutch Shell plc, at The Louisiana Mid...

Iran Nuclear Issue – Considerations for a Negotiated Outcome

  Opinion.  Iran has been found in non-compliance with its International Atomic Energy Agenc...

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