Algerian gas will in future be resold more readily by European gas buyers after a deal struck today between the European Union and Algeria’s state champion, Sonatrach. 
Dolphin Energy announced today that natural gas, from its production wells offshore Qatar, is now flowing to UAE customers for the very first time. 
Teton Energy Corporation announced today that 7 additional wells have been connected to gas sales in the DJ Basin. This now brings the total number of producing wells to 20 in both the Chundy and Grant Field areas. 
Malcom Wicks is back at the post of U.K. Minister of State for Energy on the appointment of U.K. Business, Enterprise and Regulatory Reform Minister John Hutton, the government declared Tuesday. 
India’s 50-block August licensing round could be cancelled if participating supermajors pull out in reported “protest” over government intervention in production-sharing contracts, it was learned Tuesday. 
The Cacouna Energy Project, a joint project of Petro-Canada and TransCanada Corporation (TransCanada) learned today that the Quebec government has granted a decree approving the proposal to construct the first liquefied natural gas (LNG) re-gasification terminal in Quebec. 
Silver Star Energy, Inc. reports on the progress of pipeline construction and ultimate tie-in of gas wells at the MB Gas Project, located in the Manyberries area of Alberta, Canada. 
The Norwegian parliament has approved oil company Talisman’s development plan for the Rev gas field at the North Sea meridian line between Norway and the United Kingdom. 
The European Union has approved a joint-venture of Wärtsilä and Hyundai Heavy Idustries formed to build dual-drive engines for carriers of liquefied natural gas, or LNG. 
U.S. investor heavyweight the California State Teachers’ Retirement System has asked soon-to-be-merged Norwegian oil companies Statoil and Hydro to consider getting out of Iran. |
||||||||
An Australian company’s bid to help increase Italy’s underground storage capacity has won the backing of Star Energy Group plc, the second largest onshore oil producer in the United Kingdom and a major operator and developer of underground gas storage facilities. 
ARC Energy (ARC) and Energy World Corporation (EWC) have entered into a Memorandum of Understanding (MOU) to develop an LNG business focused on the domestic Western Australian gas market.
California Oil & Gas Corp. reports Louisiana gas sales and final approval for Chilean project May 11, 2007
California Oil & Gas Corp. announces that the Haas-Hirsch #1 (Krotz Springs Unit Well #60) has been completed in the lower of two potential zones. Nine feet of perforations over the 16 feet of log indicated pay in the Second Cockfield zone flowed at rates of approximately 900 mcf of gas per day during clean-up, with no water. 
Aabar Petroleum Investments Company PJSC has completed drilling and testing operations on the Makassar Straits-4 (“MS-4”) appraisal well in the Sebuku Production Sharing Contract (“PSC”) offshore east Kalimantan, Indonesia. 
Cheniere Energy’s wholly-owned subsidiary Cheniere Marketing Inc. (Cheniere Marketing) and Gaz de France International Trading S.A.S. (GDF Trading), a wholly-owned subsidiary of Gaz de France, have entered into a pair of Transatlantic Option Agreements to establish a framework of sales and purchases of LNG into the European and North American markets. 
Maritime Canada has signalled changed rules for oil companies contemplating E&P offshore Nova Scotia, including regular licensing rounds where local officials, and not oil majors, provide seismic data. 
The giant Shtokman gas field in the Russian Barents Sea will cost “$16 billion overall” with a gas pipeline to Vyborg on the Baltic coast, plant for liquefied natural gas west of the city at Tyribuka village plus a plan to develop Murmansk port, _OilGas24_ learned at the weekend. 
Port Dolphin Energy LLC, a wholly owned US subsidiary of the Norwegian based company Höegh LNG AS, has submitted an application to the U.S. Coast Guard for approval to build and operate a deep water port for the import of natural gas to Florida’s west coast. 
PetroSun, Incorporated has executed an agreement with New Standard Exploration NL covering specific blocks within Exploration Permit 442 located in the Canning Basin of Western Australia. PetroSun and New Standard will form a joint venture to explore, develop and produce oil and/or natural gas from the EP 442 blocks. 
State-owned GAIL (India) Ltd plans to invest Rs 180 billion ($4.18 billion) over the next few years in five new pipeline projects and upgradation of the existing trunk lines to take the fuel from gas fields and import locations to consumers. |
||||||||
|
