Germany's Wintershall expects to increase its oil and gas output in 2013 mainly as a result of higher volumes from its operations in Russia, Norway and Libya, the company's parent BASF said Tuesday. In its outlook for 2013, BASF said ...
Pakistan government has ratified the $1.5 billion Iran pipeline project, which will bring around 750,000 Mcf/day of gas to the energy-starved country by January 2015, an official from petroleum ministry said Thursday. The federal ...
Tags: Iran, pipeline project, petroleum
The Australian sharemarket rose to a 20-month high today as investors continued to buy banks, consumer staples, property trusts, healthcare and energy companies, while remaining hesitant on iron ore producers after spot iron ore prices ...
Tags: Stocks, Australian sharemarket, sharemarket
US major Chevron's natural gas output in Bangladesh stood at 1.126 Bcf/d by the end of 2012, a year-on-year increase of 16.56%, with additional production from new wells and the operation of a new compression station in the transmission ...
Tags: US, natural gas output, Chevron
Crude oil production by Norway, the world's eighth largest exporter, is expected to fall 4% in 2013 to 1.47 million b/d, from 1.53 million b/d in 2012, the Norwegian Petroleum Directorate said on Friday. The NPD also said it expected gas ...
Investment bank Goldman Sachs on Monday cut its 2013 US natural gas price forecast to $3.75/MMBtu form $4.25/MMBtu, saying mild winter weather across the US has failed to put a serious dent in storage levels. The bank said higher levels ...
Tags: Investment bank, Goldman Sachs, US, natural gas, price
Natural gas output in the US Lower 48 states rose 0.4%, or 320,000 Mcf/d in October compared with September, the US Energy Information Administration said Monday in its monthly gas gross production report. The report had been delayed by a ...
Tags: natural gas, output, US, October
Russia's crude oil production hit a record high of 518 million mt (10.4 million b/d) in 2012, preliminary data released Wednesday by the energy ministry's Central Dispatching Unit showed, as the country cemented its position as the world's ...
Tags: Russia, crude oil production, oil, oil industry
Qatar on December 23rd Sunday lifted its forecasts for economic growth and inflation next year, saying that a decline in oil and gas output was now expected to be less than originally thought. The General Secretariat for Development ...
Tags: Qatar, economic growth, inflation, oil, gas output
Business Line reported that with domestic natural gas output declining for the 24th straight month in November,gas sourcing and transmission companies are left with little option but to import. The country's natural gas output fell ...
Tags: India, Gas Output, PPAC, Reliance Industries, Dip and Oil Output, GAIL
Demand for protective coatings in the European Union has been weakened by the downturn in EU manufacturing due to the euro crisis. But there is a protective coatings segment—coatings for oil and gas pipeline—further east in ...
Tags: protective coatings, EU, euro crisis, coatings for oil and gas pipeline
The UAE's Dana Gas has signed agreements with the Sharjah and Ajman governments to develop a gas field located about 40 km offshore in shared territorial waters, the company said in a statement Thursday. The agreements include a ...
Global demand for oilfield equipment is forecast to rise 3.8 percent per year through 2016 to $109 billion. Gains will be fueled by a substantial increase in oil and gas production as the world economy rebounds from the general economic ...