News / International
BP Makes New Field Deal
BP plc has made a partnership agreement with Reliance to find oil and gas in the KG-D6 fields. Tullow Oil, Partners to Start Kudu Gas Development Off Namibia
Tullow Oil Plc (TLW) and its Russian and Japanese partners expect to agree on natural-gas sales from Namibia's Kudu field this year, allowing project development to start in 2012. BP restarting production at its Plutonio field offshore Angola
Production at BP's Plutonio field offshore Angola is ramping back up after several months of maintenance work, a company spokesman told Dow Jones Newswires Friday. 'Greater Plutonio has been coming back online since last week...it's coming back up to normal levels,' the spokesman said. Oil release to give relief to importers
A move last week by the US and other member countries of the Paris-based International Energy Agency (IEA) to release 60 million barrels of crude oil from their strategic petroleum reserves is going to bring international crude oil prices down in the near-term and provide some relief to the beleaguered oil importing nations, say experts. China begins shale gas tendering
China issued its first shale gas exploration tender with an offer of four blocks to a group of Chinese energy companies, state media reported, as the country kicks off its search for the potentially vast unconventional resource, reports Reuters. Iraq signs $1.2 bln power deal with Canada’s Capgent
Iraq has signed a $1.2 billion contract with Canada's Capgent to build 10 power stations with a total capacity of 1,000 megawatts in a bid to meet local demand, the country's Electricity Ministry said on Saturday. Iran Oil Minister Accuses IEA of Breaching Principles
Amplifying criticism by oil producers of last week's release of oil from emergency stockpiles, Iran's oil minister Mohammad Aliabadi Monday accused the International Energy Agency of violating "principles" that limit when energy-consuming countries can tap reserves. Chariot Announce Potential of 16.1 Bbbls in Offshore Namibia
Chariot Oil & Gas Limited is pleased to announce the results from its latest independent Competent Person's Report from Netherland Sewell & Associates Inc. which reports gross P50 unrisked prospective resource volumes of 14.4 billion barrels with gross mean unrisked prospective resource potential of 16.1 Bbbls. 
