US shale is more expensive than Australian Shale gas. Continue reading here..
Thursday, January 19, 2012
Led by Sinopec, Chinese NOCs have been ramping up their acquisition spend year after year from almost negligible in 2007 to 15% of the total deal value in 2010. Overall the Chinese NOCs ended 2011 at 12% of the total deal value. Continue reading here..
View the major acquisitions and divestitures by ExxonMobil, Chevron, Total, Shell, BP and ConocoPhillips during the year 2011 here.
Private equity firms Apollo Global Management LLC and Riverstone Holdings are jointly bidding for El Paso’s exploration and production assets.
CNOOC, Chinese offshore producer, said on Wednesday, it plans to produce 2.4 percent more oil and gas in 2012 as more projects commence operation, and to further boost spending on exploration and production. Continue reading....