Oil giant Jadestone Energy completes Montara project takeover
Jadestone Energy, a Singapore based independent oil firm has announced that it has acquired the Montara project, off the Australian coast. As per sources, the acquisition has been completed at a v....
Myanmar Govt. to aggressively clutch oil & gas production tenders
The Ministry of Electricity and Energy of Myanmar has recently announced that it has decided to hold its offshore oil and gas production tenders, that are expected to bring new investments in this....
Xcel Energy gains approval to construct a wind farm in South Dakota
Xcel Energy, an energy provider based in Minneapolis has received approval to build a $380 million wind farm in northeast South Dakota. As per sources, a permit was approved by South Dakota Public....
Moss Landing may emerge to be the energy storage capital of the world
Moss Landing, located in the middle of the Monterey Bay coastline of California is being considered for building the world’s biggest energy storage project. If approved, the project might come o....
China’s ShanDong Group signs crude oil marketing deal with KPC
The Kuwait Petroleum Corporation (KPC) and ShanDong Refining and Chemical Group of China have reportedly signed a co-operation agreement to promote the sale of Kuwait crude oil. The deal was signe....
Petrobras signs MoU with Total, enters solar energy business
The Brazilian oil & gas giant Petrobras has recently reported that it has signed a memorandum of understanding (MoU) with its French ally Total and its renewable energy arm Total Eren, to anal....
Aker Solutions & Aker BP to form alliance agreement for modification
Oil exploration and development companies Aker BP and Aker Solutions have recently announced that they will be forming an alliance to deliver a modification project on three of Aker BP’s fields.....
Azure Power wins largest solar power project auctioned by SECI
Indian solar producer Azure Power has reportedly announced that it has secured a 600 MW solar power project which was carried out in a total of 2,000 MW solar auction by SECI (Solar Energy Corpora....
BP bids $10 billion to buy BHP’s U.S. onshore shale entities
After proposing an offer worth in excess of USD 10 billion, BP Plc., has emerged as the top dog to acquire the U.S. onshore shale oil & gas assets of BHP Billiton Ltd. According to a person fa....