The global law firm of Thompson & Knight has assisted Sonangol, the state-owned oil company of Angola, in a transaction for one of the world’s largest integrated natural gas projects. Under terms of the deal, Sonangol’s Sonagas unit and Chevron Corp., together with their European partners Total SA, BP PLC, and Eni SpA, have agreed [...]

New Frontier Energy, Inc., a natural resource company engaged in the exploration, acquisition and development of oil and gas properties in the United States, today announced that it has finished preliminary testing of the Federal 12-1 well at the Focus Ranch Unit.
“We are pleased with the initial results for the Federal 12-1 well, and we [...]

Galloway Energy Inc. announces that the Company has signed an engagement agreement with Dominus Energy AG, a Swiss Corporation whereby Dominus will assist Galloway in the introduction of the Company to worldwide opportunities in the oil and gas sector and energy market.
Dominus owns private interests in various oil and natural gas plays worldwide. It is [...]

FX Energy, Inc. reported that the Energy Regulatory Office in Poland has approved an 11.1% increase in the wholesale prices of natural gas. The new prices will take effect on November 1, 2008. FX Energy’s gas contracts in Poland are priced as a percentage of published wholesale prices. This move by the Polish regulator will [...]

WSP Holdings Limited, a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction (”Oil Country Tubular Goods” or “OCTG”), and other pipes and connectors, today announced that it established a new wholly-owned subsidiary, Bazhou Seamless Oil Pipes Company [...]

McMoRan announced a successful production test at Flatrock No. 4 (location “C”). The production test, which was performed in the primary Rob-L section, indicated a gross flow rate of approximately 109 million cubic feet of natural gas per day (MMcf/d), 2,500 barrels per day of condensate and zero barrels of water, approximately 124 MMcfe/d (23 [...]

Suncor Energy Inc. announced that its Board of Directors has approved a $6 billion capital spending plan for 2009. Approximately $3.6 billion in spending, or about 60% of the total, is targeted to Suncor’s Voyageur oil sands growth strategy.
“Following a thorough review in light of current financial market conditions, we’ve modified our capital plans for [...]

Twin Butte Energy Ltd. announced today that the Toronto Stock Exchange has accepted Twin Butte’s Notice of Intention to make a Normal Course Issuer Bid to purchase for cancellation, from time to time, as Twin Butte considers advisable, up to a maximum of 3,079,323 of Twin Butte’s issued and outstanding common shares . Purchases [...]

Saxon Oil Company Ltd. announces that it has executed a definitive agreement with Energy (CG) Ltd. (”Energy”) regarding the proposed purchase of 100% of the issued and outstanding shares (the “Acquisition”) of Picogina Holdings BV (”Picogina”) and amended the terms of the non-brokered private placement (the “Offering”) of Saxon units previously announced on September 8, [...]

The Shenhua Ningxia Coal Industry Group and its partner Sasol, today signed a contract with Foster Wheeler International Corporation and Wuhuan Engineering Company to carry out the Feasibility Study for an 80 000 bbl/d coal to liquids (CTL) plant at the Ningdong Chemicals Base in the Ningxia Hui Autonomous Region of China.
The Ningdong base is [...]