China stands to gain much more than oil from deepening Western sanctions on Russia. Already in May, Moscow's tenuous international position prompted it to make concessions in order to sign a landmark gas supply agreement – the "Power ...
Tags: Oil, Metallurgy, Mineral, Energy
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today the successful results of the first production tests in the CPE-6-1X exploration well and the CPE-6-H2 appraisal well, two new wells drilled during ...
Tags: exploration, oil
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that it has reached an agreement to sell its 5% interest and transportation rights in the Oleoducto Central S.A. ("OCENSA") oil pipeline in Colombia for a ...
Tags: pipeline
Painted Pony Petroleum Ltd. ("Painted Pony" or the "Company") (TSX:PPY) is pleased to announce its 2014 capital budget and provide a production update. 2014 CAPITAL BUDGET Painted Pony's Board of Directors has approved the Company's ...
Tags: Metallurgy, Mineral, Energy
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) is pleased to announce that today it closed the acquisition of Petrominerales Ltd. (TSX: PMG) (BVC: PMGC) ("Petrominerales") by way of a plan of arrangement (the ...
Tags: Metallurgy, Mineral, Energy
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) is pleased to announce that the proposed acquisition of Petrominerales Ltd. (TSX: PMG) (BVC: PMGC) ("Petrominerales"), as previously announced (the "Arrangement"), has ...
Tags: Metallurgy, Mineral, Energy
Valerus one of the world's leading providers of oil and gas handling services and equipment, has been awarded a contract to provide engineering, procurement and construction for a natural gas conditioning and condensate stabilization ...
Tags: Valerus, award, contract, Cardon, Venezuela, gas, conditioning, condensate
India oil and gas companies are stocking crude and liquefied natural gas as Cyclone Phailin heads for India's east coast, federal oil minister Veerappa Moily said on Saturday. Shipments are being diverted to safer locations, he said. ...
Tags: Oil Industry, Cyclone
Thailand's PTT Exploration & Production PCL, the country's flagship petroleum explorer, might invest in North American shale-gas and Myanmar deep-water projects as part of its plan to nearly double its output by 2020. PTTEP, which made ...
Tags: Shale Gas, flagship petroleum
The location and nature of the Scarborough natural gas field off Western Australia mean the project will be "very challenged from a cost point of view," Mark Nolan, ExxonMobil's vice president for Middle East and Australia, said Monday. ...
Tags: Chemicals
Norway's Statoil and its partners are going ahead with the development of the major Aasta Hansteen natural gas field project in the Norwegian Sea, as well as the planned Polarled pipeline linking it to shore, at a combined cost of NOK57 ...
Tags: Statoil, natural gas field project, gas, deepwater field
Reuters cited Mr Ali Naimi oil minister as saying that Saudi Arabia will develop its Midyan natural gas field in the Red Sea in 2013. Mr Naimi in the northern city of Tabuk, Saudi Gazette said that "The Midyan field will be developed in ...
Tags: Saudi Arabia, natural gas field, Midyan, gas