gas Tag

Chevron has halted its plans to explore in the deep waters off Australia’s South coast as the low oil price environment makes the project unjustifiable. The US oil giant had long seen the waters known as the Great Australian Bight as a very promising location, Wood...

BNP Paribas, France’s largest listed bank, has announced that it will no longer do business with companies working in shale oil or gas and it transitions to supporting renewable energy projects. The bank will stop working with and financing any companies or projects whose principal business...

BP (LSE:BP) has announced it has commenced production from the giant Khazzan gas field in Oman, delivering the first phase of the project ahead of schedule and under budget. The British oil major delivered the project in partnership with Oman Oil Company Exploration and Production, which...

The world’s largest producer of gas Gazprom (MCX:GAZP) has reported a net income plunge of over 80% during the second quarter of 2017 despite increasing its sales to European gas markets. The Russian state-owned monopoly said its net income during Q2 was Rbs47.9 billion (US$817 million),...