Petrobras inform that its refining park in Brazil processed an average of 2,034,000 barrels of oil per day between January and November 2013, a rise of 8% from the 1,897,000 barrels per day registered in the same period of 2012, adhering to ...
Tags: Petrobras, refining park, operational parameter, improved performance
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce its 2014 development, appraisal and exploration budget which totals USD 2.1 billion. The 2014 expenditure on development projects is budgeted at USD 1.4 billion which ...
Tags: Lundin Petroleum, budget, expenditure, budgeted expenditure
Tethys' share of the production, before government take, from Blocks 3 and 4 onshore the Sultanate of Oman amounted in December 2013 to 192,296 barrels of oil, corresponding to 6,203 barrels of oil per day (bopd). The total production from ...
European refineries are enjoying a rebound in the profitability of turning crude oil into products at the start of the year, after reaching their worst point of last year in December, traders said Tuesday. "Margins are decent," said a ...
Tags: Crude Oil, European Refining
Abraxas Petroleum Corporation (NASDAQ:AXAS) is pleased to provide the following operational and acquisition update. "Given the early results of the Blue Eyes 1H, we have elected to drill the Snake Eyes 1H on the company's Jourdanton ...
Tags: Abraxas Petroleum Corporation, acquisition, operational update
New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) today provided an update on its production and operational activities. The Company is currently producing approximately 236 barrels ("bbl") per day of light, high-quality oil (average ...
Endeavour International Corporation (NYSE: END) (LSE: ENDV) ("Endeavour" or the "Company") today announced an update on the current production from the first well (W1) at the Rochelle field and the timing of the start-up of the second ...
Tags: Endeavour International Corporation, update, W1 well, Rochelle field
PetroTech Oil and Gas Inc. (OTC: PTOG) (the "Company" or Petrotech") today announced that PTOG and their partner on this program have acquired all of the necessary equipment to rework four wells on the Nowata lease in Oklahoma. The company ...
Tags: Oil News, Gas News, PetroTech Oil and Gas Inc, Drilling Program
Sun Chemical Group has acquired the left over shares of the Inversiones Mundial (Grupo Mundial) in its Colombian joint venture companies Tintas and Sinclair. The Tintas/Sinclair Group sells printing inks and related graphic arts ...
Tags: Sun Chemical, Ink Supplier
Marani Brands (OTC Pink: MRIB) announces full trademark registration acceptance in Mexico. Marani is now trademark registered in Mexico. The Company is looking to announce other trademark approvals in other countries around the world. ...
Operator Statoil has together with PL272 partners made a gas discovery in the Askja West prospect and an oil discovery in the Askja East prospect in the North Sea. The exploration wells 30/11-9 S and 30/11-9 A, drilled by the drilling ...
Tags: Statoil, Askja West prospect, oil discovery, exploration well
NYMEX February crude settled $1.48 lower at $93.96/barrel Friday, as a large draw in stockpiles was overshadowed by a sharp drop off in product demand and rising distillate stocks. ICE February Brent settled 89 cents lower at $106.89/b. ...
Tags: stockpiles, crude, Mineral
China's oil demand in November fell 2.1 percent year-on-year to an average 9.9 million barrels a day, according to a report by Platts that was based on China's latest government data. It is the second time that China's oil demand declined ...
Tags: Oil Demand, Energy
One big concern for investors when considering small resource stocks is will the company's talk about future production actually turn into revenue and how long will that take. Approvals and feasibility studies can take years by themselves, ...
The Petrobras' P-55 platform, one of the strategic projects in the 2013-2017 Business and Management Plan, started-up the last Tuesday (12/31/13) in Campos Basin's Roncador field. P-55 is part of Roncador´s field Module 3 project ...
Tags: Petrobras, P-55 platform, Campos Basin, Roncador field