TAPI Pipeline is Vital for Bilateral Ties: Turkmenistan Ambassador to India

The Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project is an essential element of economic cooperation, Turkmenistan’s Ambassador in New Delhi Parakhat Durdyev told Sputnik…

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India kicks off auction for 67 oil, gas blocks

As planned, India’s Ministry of Petroleum and Natural Gas kicked off a new bidding round for discovered small oil and gas blocks…

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Magellan Petroleum selling oil, gas field bonus rights to Macquarie Bank

Magellan Petroleum Corp. is selling its rights to certain bonus payments related to the Mereenie field located in the Amadeus Basin…

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Oil Search to acquire Papua New Guinea-focused oil, gas firm for US$2.2B

InterOil Corp. has agreed to be acquired by Oil Search Ltd. in a deal that values the Papua New Guinea-focused oil…

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India plans auction for 67 oil, gas fields

India plans to start an auction on May 25 for a total of 67 discovered small oil and gas fields…

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Abu Dhabi National Energy may transfer overseas oil, gas assets to ‘related party’

Abu Dhabi National Energy Co., or TAQA, may transfer its overseas oil and gas assets to another Abu Dhabi state-owned entity…

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Linc Energy enters voluntary administration

As expected, Oil and gas exploration firm Linc Energy Ltd. announced that it entered into voluntary administration and appointed Stephen Longley,…

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Exxon looking to acquire Eni’s partial stake in Mozambique gas field

Oil giant Exxon Mobil is seeking to acquire an approximately 15% stake in Italy-based Eni’s huge Area 4 gas field in…

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Chinese E&P firm to take over Canada’s Bankers Petroleum for C$575M

Chinese energy companies continue to make noises in the lucrative North American mergers and acquisition market. The latest deal involves…

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Turkmenistan’s TCOR to boost liquefied gas production in 2016

The Turkmenbashi Complex of Oil Refineries (TCOR) is looking to produce 340,000 tons of liquefied gas in 2016, TREND News…

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News in Brief: March 18, 2016

* India will miss its ambitious goal of installing 40 GW of rooftop solar capacity by 2022 if it continues…

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