U.S. crude oil production will come close to its record high by 2016 as the energy boom continues to reshape the U.S. economy, the U.S. Energy Information Administration (EIA) said Monday in a new report. Domestic crude oil production ...
Tags: Oil Production, Energy
Argentina plans to increase the allowance for refiners and other companies to import diesel and gasoline supplies under a tax-free program in 2014, Economy Minister Axel Kicillof said Friday. He said the government will allow companies to ...
Tags: Fuel Imports, Tax-Free Program, Argentina
Wintershall, a 100% BASF subsidiary, is optimizing its portfolio through divesting its share in selected assets on the UK Continental Shelf. Through the transaction, the Hungarian MOL Group will acquire 14 licenses in the North Sea, ...
Together with its partner Repsol, RWE Dea spudded the first exploration well in Licence Block Ta10 in Mauritania. The well is intended to provide information about the hydrocarbon potential of the licence area. The Ouguiya-1 well in the ...
Tags: mineral, exploration
Petroamerica Oil Corp. (TSX-V:PTA)。("Petroamerica" or the "Company"), a Canadian oil and gas company operating in Colombia is pleased to announce the start-up of production at its La Casona discovery and that the Rumi-1 exploration ...
Cooper Energy Limited ("Cooper Energy": ASX: COE) advises that initial analysis of the results from Hammamet West-3 has been completed and has reinforced confidence in the commercial potential of the Hammamet West discovery, which will now ...
Zhenghe Group has successfully carried out hydrogen desulfurization recycling for its gasoline and diesel hydrogenation unit during unit overhauls. There was a large quantity of hydrogen sulfide in the recycled hydrogen from the ...
Tags: Zhenghe Group, hydrogen desulfurization, recycling, hydrogenation unit
The Directors and management of Strata-X Energy Ltd. ("Strata-X" or the "Company") (TSX VENTURE:SXE)(ASX:SXA) are pleased to provide the following operational updates on its three key USA projects. Maverick Oil Project The Company is ...
The expertise of AGR’s highly skilled reservoir evaluations team will be showcased at a leading symposium this week. Tim Wynn, Lead Geologist, and Liz Chellingsworth, Principal Geophysicist, both based in AGR’s Aberdeen ...
Africa Oil Corp. ("Africa Oil" or the "Company") would like to provide the following operational update on its activities in Kenya and Ethiopia. Drilling operations continue with strong community support in the South Lokichar basin in ...
Rosneft and Statoil today signed the Shareholders and Operating Agreement for a joint venture to assess the feasibility of commercial production from the Domanik shale formation. The document was signed Igor Sechin, President ofRosneft, ...
Tags: Oil and Gas News, Rosneft and Statoil, Shale Oil Cooperation
Hydrocarbon Soil Remediation Project Reclaims Site Reterro, Inc., an emerging green remediation leader in eliminating hydrocarbon contamination from ongoing waste streams and soil, has successfully completed its first hydrocarbon soil ...
Tags: Industrial Equipment, Components
InterOil Corporation (NYSE: IOC; POMSoX: IOC) has agreed to sell to Total S.A. (CAC: TOT; NYSE: TOT) a gross 61.3% interest in Petroleum Retention License 15 ("PRL15") which contains the Elk-Antelope gas fields in the Gulf Province of ...
Tags: Oil and Gas News, Interoil, PNG Gas
GASFRAC Energy Services, Inc (TSX:GFS) is an oil and gas technology and service company headquartered in Calgary, Alberta and the sole provider of waterless gelled LPG fracturing technology in North America. GASFRAC is pleased to announce ...
Tags: GASFRAC, energy, Terrace Energy, fracturing technology, Eagle Ford
VANCOUVER, Dec. 2, 2013 /CNW/ - Terrace Energy Corp. (the "Company" or "Terrace") (TSXV:TZR, OTCQX:TCRRF, FRANKFURT:2TR) is pleased to announce that the BlackBrush Terrace LP ("BBTLP") has successfully drilled and completed its first well ...
Tags: Terrace Energy Corp., BlackBrush Terrace LP, Chittim Heirs 2-H