News / International
BP CEO Browne resigns on reports of his personal life
U.K. oil major BP PLC's (BP) Chief Executive John Browne resigned with immediate effect after a U.K. court removed an injunction that barred a newspaper group from publishing stories about his personal life and sexual orientation, BP said in a statement. Japan and Kuwait renew energy partnership
Japan and Kuwait renewed their energy partnership while vowing to work together for stability in Iraq and urge Iran to resolve the crisis over its nuclear ambition. Chavez takes over foreign-controlled oil projects in Venezuela
Venezuelan President Hugo Chavez seized control of the last remaining oil projects in Venezuela controlled by large American and European energy companies. The move to take over the projects, announced in January, is the centerpiece of recent actions aimed at consolidating his government’s control over the economy. Algeria set to be a top LNG exporter by 2011
Algeria, a main liquefied natural gas (LNG) source for Europe and the United States, will expand its output capacity to be a top LNG exporter by 2011, its Energy Minister Chakib Khelil told state radio. Kuwait announces major oil and gas find
The Gulf state of Kuwait has made significant oil and gas discovery in a new oilfield in the north of the country, Oil Minister Sheikh Ali Jarrah al-Sabah announced. Israel “may buy” Palestinian gas
Israel has approved in principle the purchase of Palestinian gas from British Gas, the company developing a field off the Gaza Strip, Prime Minister Ehud Olmert's office said. Iran, India set to finalize IPI contract in two month
Iran and India were determined to finalize the contract on the Iran-Pakistan-India gas pipeline by due time, June 30, said Hojjatollah Ghanimifard, chief negotiator at the trilateral working committee of IPI project here. OMV to develop Iran’s South Pars gas field
Austria's OMV, the biggest oil and gas group in Central Europe, announced it had signed a memorandum of understanding with Iran Saturday to jointly develop a gas field in the Gulf. 
