China, Russia sign $400 billion gas deal
China has signed a long-awaited deal for Russian natural gas, giving China a new energy source and Russia a diplomatic boost.
China has signed a long-awaited deal for Russian natural gas, giving China a new energy source and Russia a diplomatic boost.
China is stockpiling oil for its strategic petroleum reserve at a record pace, intervening on a scale large enough to send a powerful pulse through the world crude market.
A hopelessly one-sided conflict will be renewed in Ruakaka, Northland, on Thursday.
Cheniere Energy's Charif Souki emerged as the highest paid US executive in 2013, receiving $142 million.
Last week, the CEO of Royal Dutch Shell was visiting Putin's residence, saying, "We are very keen to grow our position in the Russian Federation."
Prime Minister John Key has defended new oil and gas exploration permits in a major conservation park, saying it is not a National Park and mining already takes place there.
Net oil imports to the US could fall to zero by 2037 because of robust production in areas including North Dakota and Texas's Eagle Ford formation.
Z Energy's boss says petrol consumption is falling in relation to increasing availability of broadband, which means people aren't popping in their cars for visits anymore.
The fog was just beginning to lift on the Houston Ship Channel on March 22 as a bulk carrier and a fuel barge found themselves on a crash course.
In 1945 Jan Arps published a formula, which has become one of the most widely used measures, to predict how much crude oil a well will produce.
The government has opened eight new areas for oil and gas exploration in its 2014 Block Offer, unveiled by Energy Minister Simon Bridges.
An attempt to have the Court of Appeal order the liquidation of Greymouth Petroleum was described by one of the judges hearing the appeal as a tactic to "extort."
A long-running and acrimonious dispute between two rich-lister shareholders of Greymouth Petroleum and their former colleague at the oil and gas company is heading back to court.
Oil company Anadarko won't confirm claims its exploration off the Otago coast has been unsuccessful.
Boart Longyear has posted a steep loss and says it will review its operations after having slashed almost 3500 jobs in the past year.
Australian-listed Origin Energy is bullish on the potential of exporting liquefied natural gas (LNG) from the Caraval prospect off the coast of Oamaru.
Campaigners are out to hit the fossil fuel industry where it hurts, by making it an unacceptable place to invest. Peter Huck reports
American oil company Anadarko says its maiden New Zealand deep sea exploration well failed to find commercial quantities of oil or natural gas.
West Texas Intermediate sustained its biggest weekly gain of the year as freezing temperatures in the US boosted demand for heating oil.
Labour's Shane Jones has used the rat-cunning skills that got him to the top of Maori fishing politics to manoeuvre his boss, David Cunliffe, into adopting new realism on offshore oil and gas exploration.
Protesters against deep sea oil exploration attached a banner to an Anadarko exploratory vessel in Wellington this morning.
Labour is looking at the Norwegian model for regulating the oil and gas industry, including stronger environmental safeguards and steeper taxes.
Big international oil and gas recruitment company Air Energi is moving into New Zealand in what is being described as a vote of confidence in the sector here.
The rewards may be infinite, but a fresh wave of oil exploration in our coastal waters also brings potential for environmental ruin.
Revelations that a "worst-case" oil well blowout in New Zealand waters could take five weeks to plug.