Reviews of offshore oil and gas exploration plans and approval of drilling permits may be delayed by mandatory across-the-board budget cuts known as a "sequester," US Bureau of Ocean Energy Management Director Tommy Beaudreau said ...
Tags: Metallurgy, Mineral, Energy, oil, gas
Yesterday, Chancellor George Osborne delivered his Budget statement. He pledged to scrap a 3p rise in fuel duty, cut national insurance payments and raise the personal allowance to £10,000 next April. Every business in the country ...
Tags: Industry Chiefs, Packaging, Chancellor
Basque Country, Spain-based seamless stainless steel pipe producer Tubacex has announced its financial results for 2012. Net profit totaled €11.86 million in the given period, up from €3.66 million in the previous year, continuing ...
Tags: seamless stainless steel pipe, stainless steel pipe, steel pipe
Workers at Dead Sea Works Ltd have stepped up their campaign against the proposed sale of Israel Chemicals to Potash Corp of Saskatchewan, union officials said on Friday. Dead Sea Works committee chairman Armond Lankry said on state ...
Tags: Dead Sea, Israel Chemicals, chemicals
The British Columbia government has opened talks with Canada's natural gas industry about a possible new tax on LNG exports, which Premier Christy Clark estimates could generate C$1 trillion in cumulative GDP over the next 30 years. ...
Tags: LNG exports, gas industry, gas
Aquatech, the wastewater treatment recycle and reuse company, has been granted a permit to operate a central treatment facility in Tioga County, Pennsylvania, USA. The facility, designed using Aquatech’s MoSuite™ set of ...
ExxonMobil's Papua New Guinea LNG plant is on schedule to start up and ship its first LNG in 2014, Peter Botten, Managing Director of minority project shareholder Oil Search, said at a conference Thursday. The 6.9 million mt/year, ...
Tags: ExxonMobil, Oil Search, natural gas
Pittsburgh, Pennsylvania-based specialty steelmaker Allegheny Technologies Incorporated reported Q4 2012 sales of $1.1 billion and net income of $10.5 million, which includes a "special charge" or $8.8 million. The special charge reflects ...
Tags: steelmaker, Allegheny Technologies, sales
Facebook has proposed a new model for designing servers that it says will give businesses more choice in selecting components and a smarter way to upgrade systems when needs change, though it remains to be seen how widely its method will be ...
Tags: Facebook, Buying Servers, upgrade system
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 ...
France-based pipe manufacturer Vallourec has announced that it has renewed its main frame agreement with Brazilian national oil company Petrobras. Accordingly, Vallourec's Brazilian subsidiary V & M do BRASIL and Petrobras have signed a ...
Tags: Petrobras, OCTG, oil company, oil
Drillsearch Energy has cased and suspended its Coorabie-1 wet gas exploration well in the Cooper Basin Western Flank for future evaluation of the Patchawarra and Tirrawarra sands. The well encountered good hydrocarbon fluorescence and ...
Tags: Drillsearch Energy, gas exploration, Cooper Basin Western Flank
The US rotary rig count was down 11 rigs at 1,763 for the week of December 28th 2012. It is 244 rigs (12.2%) lower than last year. The number of rotary rigs drilling for oil was down 13 at 1,327. There are 134 more rigs targeting oil than ...
Tags: US, rotary rig, oil, drilling
Reuters reported that Lebanon ill seewk bids from February 1st from companies wanting to pre qualify for oil and gas exploration drilling in its Mediterranean waters and has set a May 2nd date for formal applications. Seismic surveys ...
Tags: Lebanon, oil, gas exploration drilling, natural gas
Government auctions of oil and natural gas exploration rights in Western Canada have fallen to some of their lowest levels in the last 15 years and hopes of a recovery in 2013 hinge on operators making a breakthrough in new liquids-rich ...
Tags: oil, natural gas, barometer, industry confidence