Shell quits Qatar gas blockRoyal Dutch Shell has abandoned plans to explore for gas in Qatar's Block D after recent drilling failed to turn up commercial volumes at its majority-owned QSD-1 well, sources said. Shell said earlier yesterday that it had wr More… |
Few takers in Iraq's latest energy auctionIraq awarded only one out of six new oil and gas blocks to foreign companies on Wednesday after tough contract terms dampened interest during a fourth energy bidding round the Opec-member hoped would further expand its energy sector. Baghd More… |