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Wildcat’s Pick of the Week 27 Aug 2013 | 07:49 pm

Wildcat gives you a headstart on the coming week, as well as a round-up of what mattered last week.

ONGC buys additional 10% stake in Mozambique licence 27 Aug 2013 | 06:53 pm

Indian companies now own 30% of Offshore Area 1 in Mozambique – one of the world’s most prospective licences and a potential source of supply to the sub-continent when production begins at the end of ...

Angola LNG unlikely to hit full capacity until 2015 – Wood Mac 27 Aug 2013 | 06:50 pm

The Angola LNG plant is unlikely to reach full capacity until 2015, as the project partners monitor the performance of the associated gas wells used as feedstock, Wood Mackenzie LNG analyst Giles Farr...

Netherlands edges closer to shale exploration 27 Aug 2013 | 06:14 pm

A report commissioned by the Dutch government has found the risks of fracking in the Netherlands are “manageable” – providing a boost for the country’s pro-shale Economic Affairs Minister Henk Kamp.

Romania calls time on Nabucco commitment 27 Aug 2013 | 06:09 pm

Romania’s majority state-owned Transgaz will hold an extraordinary general meeting within a month to ask shareholders to ratify its withdrawal from the Nabucco Gas Pipeline International (NIC) company...

Petronas profits dip, looks to sell down in Canada 27 Aug 2013 | 05:41 pm

Malaysia’s Petronas reported weaker profits in Q2, as lower oil prices and higher costs eroded margins, despite a 12% jump in overall production, the company said on Monday.

European spot prices rise as upstream maintenance persists 27 Aug 2013 | 05:30 pm

European spot gas prices strengthened last week as more Norwegian production was taken offline, leaving European grids in a precarious position for the coming month.

Fracking drives manufacturing renaissance in US 27 Aug 2013 | 03:58 pm

A new report outlines the positive impact of hydraulic fracturing on the US economy, but the drilling technique continues to attract controversy

Beijing increases non-residential pipeline gas prices by 13% 27 Aug 2013 | 03:38 pm

Gas consumers in Beijing are set to pay some of the highest prices in Asia, after the capital announced it had finalised new tariffs for commercial and industrial users following a nationwide hike in ...

CNPC disciplinary investigation widens 27 Aug 2013 | 03:36 pm

Three of China National Petroleum Corp.’s (CNPC’s) top executives are under investigation for “serious disciplinary violations” by the central government’s corruption watchdog, the company announced o...

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