International oil and gas services specialist HS Ocean Group (HSOG) has been awarded a multi-million dollar refurbishment and upgrade of a high-specification jack-up drilling rig at its facility at Labidco Port, La Brea in Trinidad. ...
Tags: HS Ocean Group, refurbishment, jack-up drilling rig, La Brea facility
US Midwest ethanol stocks for the reporting week ended January 3 rose 249,000 barrels to 5.992 million barrels, the highest level in more than eight months, Energy Information Administration data showed Wednesday. Specifically, US Midwest ...
Pioneer Energy Services (NYSE: PES) today announced it has renewed its drilling contracts with Ecopetrol for all eight of its drilling rigs in Colombia effective January 1, 2014. Pioneer recently operated six rigs for Ecopetrol under ...
Tags: Pioneer Energy Services, Ecopetrol, drilling rigs, Colombia
GE Energy Financial Services, a unit of GE (NYSE:GE), has formed its third partnership with a Vess Oil Corp. affiliate to purchase oil reserves in East Texas for $108 million. The partnership is acquiring approximately 13,000 net acres and ...
Tags: GE Energy Financial Services, Vess Oil, East Texas, oil reserves
Today (January 7, 2014), Ing. Guillermo Coco, President of Gas y Petróleo del Neuquén S.A., Martin Bachmann, Member of the Board of Executive Directors of Wintershall Holding GmbH and responsible for Exploration & Production ...
Tags: Gas y Petróleo del Neuquén, Wintershall, Aguada Federal
Fieldwood Energy LLC ("Fieldwood") announced today the acquisition of entities comprising SandRidge Energy, Inc.'s ("SandRidge") Gulf of Mexico and Gulf Coast business unit for $750 million, based on an effective date of December 1, 2013 ...
Tags: Fieldwood, acquisition, SandRidge, Gulf of Mexico, Gulf Coast, Riverstone
MEO Australia Limited (ASX: MEO) provides the following update in relation to the G2/48 Concession in the Gulf of Thailand where it holds a 50% participating interest (through its wholly owned subsidiary Rayong Offshore Exploration ...
Tags: MEO Australia Limited, update, G2/48 Concession, Gulf of Thailand
In a groundbreaking move for Gulf Oil LP, the fastest growing branded marketer of energy products in the U.S., the company today announced the continued expansion and diversification of its energy offerings through its entry into the ...
Tags: Oil News, Gas News, Gulf Oil LP, Fuel Supply
EDF and AREVA have signed agreements with Saudi industrial and university partners, reflecting their commitment to future nuclear projects in Saudi Arabia. Meanwhile, French engineering consultancy Assystem has signed a letter of intent to ...
Tags: Nuclear News, EDF, AREVA, Saudi Nuclear Programme
Much of the country is under the grip of the one of the coldest air masses in nearly 20 years. Temperatures have dropped to freezing as far south as the central and northern Gulf Coast with areas as far south as central and southern Texas ...
Tags: Agriculture, coldest air
The Middle East and Africa external storage market declined 8.8% year-on-year during the third quarter of 2013, according to the latest figures from IDC. The study ‘EMEA Quarterly Disk Storage Systems Tracker’ found that ...
Tags: External Storage Market
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
LyondellBasell (NYSE: LYB) today announced that its methanol plant at Channelview, Texas, was placed into service in the fourth-quarter 2013 to take advantage of low-cost natural gas from shale formations. The unit had been out of service ...
Tags: LyondellBasell, methanol plant, Channelview, re-start
Thailand's crude oil, condensate and natural gas production increased in the first 10 months of 2013 compared with the same period of 2012, but the growth rate has slowed considerably, according to the latest energy ministry data. Crude ...
Tags: Oil, Gas Output
The January US benzene contract price rose to a settlement of $4.84/gal ($1,448.62/mt), sources said Thursday. The settlement is up 36 cents and 37 cents from December's split settlement of $4.48/gal and $4.49/gal. Market participants ...
Tags: Benzene CP, Chemicals