Prices for 2013 US biomass-based diesel renewable credits, also known as RINs, dropped Tuesday to $0.23/RIN, the lowest level recorded by Platts, on strong supply and weak demand, sources said. Specifically, biodiesel RINs -- categorized ...
Tags: Biodiesel RINs, Chemicals
The National Energy Administration has set up a general inspection team to check petroleum processing companies across the country. Zhenghe Group has been very responsive and has actively made preparations. The company gathered data and ...
Tags: Zhenghe Group, prepare, general, oil, refining, inspection
Daqing Zhonglan passed an expert review on production safety by Heilongjiang province. The review concluded that the company’s dangerous chemical operations were up to standards. It marked a step forward in the company’s ...
Tags: Daqing, Zhonglan, production, safety, check
Clough AMEC has been awarded a two year contract extension by ConocoPhillips to provide operations and maintenance services to the Bayu-Undan facilities, located in the Timor Sea. The contract extension has an estimated value of AU$150 ...
NetApp is upgrading its lineup of dedicated storage systems, rolling out a faster all-flash array and improved platforms for branch offices and large enterprises. The products introduced on Tuesday complement the company’s Data ...
Equipped with hybrid propulsion, the Bourbon Petrel and the Bourbon Fulmar are now operating in the Black Sea and Northern Europe. In 2011, BOURBON entered a 5-year charter agreement with CGG for a series of 6 new seismic support vessels, ...
Tags: BOURBON, CGG, innovation, series, seismic, vessel, success
DOF Subsea AS has been awarded several contracts, with a total value of approx. NOK 400 million. In the Brazil region DOF Subsea has been awarded an RSV contract with Petrobras. The contract has a firm period of 18 months and mobilization ...
Rowan Companies plc ("Rowan" or the "Company") (NYSE: RDC) announced today that its monthly report of drilling rig status and contract information has been updated as of November 21, 2013. The Company continues to expect out of service ...
Gastar Exploration, Inc. ("Gastar") (NYSE MKT: GST) today announced that the Mid-Con 6H well in its Hunton Limestone oil play reached a peak 24-hour gross initial production ("IP") rate of 1,442 barrels of oil equivalent ("BOE") per day and ...
Tags: Gastar Exploration, Mid-Con, 6H, well, Hunton Limestone, oil
Zep Inc. (NYSE:ZEP), a leading consumable chemical packaged goods company that manufactures a wide variety of high-performance maintenance and cleaning chemicals, today launched Zep Energy, a new business division within its North American ...
Tags: Zep Inc., energy, division, offering, high-performance, maintenance, product
With First Titan Corp. (OTCBB: FTTN) enjoying a successful year of adding assets to its growing oil and gas energy portfolio, the company is evaluating a new acquisition target in Kansas. “Trego County is an intriguing opportunity ...
Radiant Oil & Gas, Inc. (OTC: ROGI) ("Radiant") announced that it has completed the purchase of oil and gas properties located in Louisiana and Mississippi for approximately $19,000,000 in a combination of cash and Radiant shares. Radiant ...
Tags: Radiant, oil, gas, credi, facility, property, Louisiana, Mississippi
The Norwegian Petroleum Directorate (NPD) has issued Lundin Norway AS a drilling permit for well 16/2-20 A, cf. Section 8 of the Resource Management Regulations. Well 16/2-20 A will be drilled from the Island Innovator drilling facility ...
Tags: drilling, permit, well, production, licence
Abundant shale natural gas reserves in the United States are expected to keep petrochemical producers in North America well stocked with inexpensive ethane for the next decade, according to the just-launched Platts Petrochemical Analytics: ...
Tags: platts, petrochemical, analytic, report, shale, gas, boom
US propane and propylene inventories dropped 2.4 million barrels to 58.38 million barrels for the reporting week ended November 15, the Energy Information Administration said Wednesday. Inventories in the Gulf Coast region fell 1.8 ...