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Japan and India to push for better LNG pricing
Japan and India said they were planning a liquefied natural gas importers' group as a way to reduce the Asian price and diversify their import sources. ... more
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Exploring for Oil in Nicaragua: Friends in High Places
On 17 July, Nicaragua announced that US-based Noble Energy would invest $30 million in drilling two offshore wells in the Caribbean-launching Nicaragua's first-ever oil exploration. The wells will b ... more
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Destabilization fears over Somalia's first oil deal
There are growing concerns that a groundbreaking oil exploration contract between the Western-backed transitional government of war-torn Somalia and a British-registered company could further destabilize the East African country. ... more
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PetroChina denies more officials probed for graft
PetroChina, the listed arm of China's largest oil producer China National Petroleum Corp (CNPC), rejected a media report Monday that said two of its executives were under investigation for graft. ... more
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