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Iran’s 4-month non-oil exports exceed $12.5 billion despite sanctions
The Islamic Republic of Iran has exported over $12.5 billion of non-oil goods in the first four months of the current Iranian calendar year (started March 21) despite the US-engineered sanctions imposed on the country.

Russia- Cars to be fueled with natural gas at Gazprom Neft’s filling stations
Chairman of the Management Board of Gazprom Neft signed at the Gazprom headquarters an Agreement regarding the installation of natural gas vehicle fueling units at Gazprom Neft’s filling stations.

Canada: Imperial Oil and ExxonMobil Canada acquire ConocoPhillips' interest in Clyden oil sands lease
ConocoPhillips Oil Sands - including ClydenImperial Oil and ExxonMobil Canada have acquired ConocoPhillips’ interest in the Clyden oil sands lease, 150 kms south of Fort McMurray, Alberta.

KCA DEUTAG awarded significant Statoil North Sea drilling contracts
KCA DEUTAG won a significant competitive tender for new drilling contracts from Statoil. The contracts awarded are for engineering support in Gullfaks and Oseberg fields, totaling seven platform drilling rigs, on the Norwegian Continental Shelf.

China: Technip awarded contract for a 500,000 tons/year LNG plant in China
Technip has been awarded by Shaanxi LNG Investment & Development Co an engineering, design and procurement contract, worth approx. €35 million, for a mid-scale liquefied natural gas (LNG) plant. The plant will be located in the Yangling Demonstration Area, Shaanxi Province, China.

Italy: Sound Oil preparing to test Nervesa gas discovery
Sound Oil, the European / Mediterranean focused upstream oil and gas company, has announced that operations at the Nervesa site continue to progress as planned.

Brazil: Petrobras confirms oil discovery at Carioca in Santos Basin pre-salt
Petrobras has confirmed the presence of oil in well 3-SPS-101 (3-BRSA-1179-SPS), in the Carioca Discovery Evaluation Plan area, Block BM-S-9, Santos Basin pre-salt. The well, informally referred to as Iguaçu Mirim, is located 303 km off the coast of the state of São Paulo,

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Algeria: SONATRACH and GDF SUEZ announce an important step in the development of the Touat natural gas fiel
'Groupement TouatGaz', a partnership between SONATRACH and the GDF SUEZ Group operating the Touat gas field, signed an EPCC (engineering, procurement, construction and commissioning) contract with the Spanish company Técnicas Reunidas for the development of the Touat field located in southwest Algeria.

Nigeria LNG Limited announces experts brainstorm on improving LPG supply
There is no doubt that Nigeria falls far below the expected annual utilisation of liquefied petroleum gas (LPG) vis-a-vis its consumption of 150, 000 metric tonnes per annum and the impressive 160 million people population.

Bangladesh: Petrobangla to sign PSCs with Conoco and ONGC
Blocks offered in Bangladesh Offshore Licensing Round 2012. Source: PetroView® (Deloitte)State-owned Petrobangla is likely to award three shallow water blocks to US-based ConocoPhillips and India’s ONGC Videsh for oil and gas exploration by September.


Bulgaria: TransAtlantic Petroleum announces joint venture agreement in Bulgaria
TransAtlantic Petroleum has entered into a farmout agreement with Koynare Development Ltd. (KDL), a private oil and gas investment company. The agreement, between KDL and TransAtlantic's wholly owned subsidiary, TransAtlantic Worldwide, provides that KDL will fund 75% of TransAtlantic's initial $40 million work program in Bulgaria.

Indonesia: Niko Resources reports non-commercial gas discovery offshore Kalimantan with the Pananda-1 well
Niko Resources has reported that the Pananda-1 exploration well in the North Makassar block, located offshore Kalimantan in the deepwater Makassar Strait of Indonesia,

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