Agreement

BP plc and state-owned China National Petroleum Corp. on Wednesday agreed to expand their global partnership, which covers potential shale gas exploration in the Sichuan Basin, as well as global liquefied natural gas (LNG) trading opportunities.

Mountain Valley Pipeline LLC (MVP) has secured more customers along its proposed route to deliver Marcellus and Utica shale natural gas to the Southeast and mid-Atlantic regions, reaching an agreement with affiliates of Roanoke Gas Co. to serve the utility’s customers in Virginia.

Meridian LNG Holdings Corp. has signed up for 2 million tonnes per annum (mtpa) of tolling capacity at the liquefied natural gas (LNG) export terminal being developed by Liquefied Natural Gas Ltd.’s (LNGL) Magnolia LNG LLC on the Calcasieu Ship in Lake Charles, LA.

A clean fuels engineering dream to produce a commercial-scale synthetic gas (syngas) from petroleum waste products and capture carbon in the heart of California’s oilfields remains far from a reality after state energy officials Tuesday agreed to suspend the project for six months.

A clean fuels engineering dream to produce a commercial-scale synthetic gas (syngas) from petroleum waste products and capture carbon in the heart of California's oilfields remains far from a reality after state energy officials Tuesday agreed to suspend the project for six months.

BP Exploration & Production Inc. has reached an agreement that would see it pay up to $18.73 billion to settle all of the remaining Gulf Coast state and federal claims arising from the 2010 blowout of its Macondo well in the Gulf of Mexico and the destruction of the Deepwater Horizon rig.

BP Exploration & Production Inc. has reached an agreement that would see it pay up to $18.73 billion to settle all of the remaining Gulf Coast state and federal claims arising from the 2010 blowout of its Macondo well in the Gulf of Mexico and the destruction of the Deepwater Horizon rig.

One month after announcing their intention to merge, Houston-based Lucas Energy Inc. said it has entered into separate collaboration and funding agreements with Austin, TX-based Victory Energy Corp.

Pacific NorthWest LNG signaled Monday that its deferred liquefied natural gas (LNG) terminal proposal is still alive by signing a tax agreement for its site on the northern coast of British Columbia (BC).