China could boost gas imports by 500 per cent

China currently imports around 53 billion cubic metres of gas per year, but could increase this figure to between 190 and 270...

BP secures loans for LNG plant in Indonesia

UK's BP and the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) signed a loan agreement worth US$3.74 billion with a...

Premier Oil makes a find in UK North Sea

London-listed company Premier Oil has made an oil discovery at the Bagpuss well in the Outer Moray Firth of the UK North Sea.

Fugro sells off Asian subsea division

Fugro has sold off its subsea services business in Asia Pacific to Shelf Subsea for US$15.6 million and a 25 per cent equity stake...

Total starts up Bolivian gas field

France's Total has announced that its Incahuasi gas and condensate field in Bolivia has now come on stream with a production...

Pan American to invest $1.4 billion in Argentine oil and gas

Pan America is involved in the Cerro Dragon field, Argentina’s largest oil field, which produces around 95,000 barrels of oil per...

Global downstream industry looks to environmentally friendly plastics

The GPCA has highlighted the findings of a new study which finds the environmental cost of using plastics in consumer goods and...

China to double shale gas production levels

China has enormous shale oil reserves but faces a number of key challenges, such as challenging geology and insufficient...