Russian officials say President Vladimir Putin will travel to Libya Wednesday at the invitation of Libyan leader Moammar Gadhafi.

Transeuro Energy Corp. (TSX VENTURE:TSU)(OSLO:TSU) is pleased to announce the commencement of drilling operations in Armenia for natural gas exploration.

Loews Corporation to Acquire Permian, Michigan and Alabama Natural Gas Exploration and Production Operations from Dominion for $4 Billion.

The Gazprom Management Committee has approved the updated key figures of the Gazprom Investment Program and draft Budget (Financial Plan) for 2007.

United Reef Limited (TSX VENTURE: URP) (CNQ: URPL) ("United Reef") announced on May 8th that it has entered into an agreement with General Gas Corporation ("General Gas") amending certain terms of the Shareholders' Agreement entered into between the parties on November 15, 2006 (see press releases dated November 16, 2006 and March 21, 2007), which governs the operation and management of General Reef Corporation ("General Reef"), a private oil and gas exploration company.

China and Japan made an agreement to meet again for they did not achieve no progress in issue of gas exploration in the East China Sea, the officials said Friday.

Japan and China's foreign ministers have met in New Delhi on the sidelines of a South Asian regional summit. The face-to-face meeting cleared final hurdles for a visit to Japan by China's prime minister. As VOA's Steve Herman reports from New Delhi, Japanese officials are expecting the trip to solve a contentious issue between the two Asian nations over maritime gas exploration.