Oil & gas
Shell agrees to clean up 2008 Nigerian oil spill
04 May 2015
Claimants said that oil spillage from two pipelines amounted to 500,000 barrels of oil, while Shell initially estimated the volume at about 4,000 barrels
Indian Oil starts up 300,000 bpd Paradip refinery
27 Apr 2015
The new 15 million tonnes per annum plant will take India’s total refining capacity to nearly 5 billion tonnes, adding to Asian refining capacity and production, thereby exerting pressure on product prices
TransCanada seeks US nod for new $600-mn pipeline as Keystone lingers
25 Apr 2015
Canada’s largest pipeline operator TransCanada Corp is seeking US approval for another cross-border pipeline as it awaits a final decision for its $8-billion Keystone XL pipeline project
Russia slams EU’s antitrust charges against Gazprom
23 Apr 2015
Gazprom says its pricing principles are in accordance with the standards used by other gas producers and exporters
ConocoPhillips mulls selling some Norwegian North Sea assets worth $1 bn
22 Apr 2015
ConocoPhillips has been planning to sell some of its non-core oil and gas producing acreage in the US worth between $1 billion and $2.5 billion
EU to charge Russian gas giant Gazprom with market abuse
21 Apr 2015
If the allegations are proved right, the commissioner has the power to order changes in the companies’ business practices and levy fines of up to 10 per cent of Gazprom’s annual global revenue
