On Friday, November 08, 2013, all three indexes of the US equity market posted gains. The S&P 500 ended the day at 1,770.61, up 1.34%; the Dow Jones Industrial Average closed at 15,761.78, up 1.08%; and the NASDAQ Composite finished at ...
Tags: Occidental Petroleum Corp, Pioneer Natural Resources Co.
The state of the oil and gas markets in 2013 is markedly different to what it was just a few short years ago, and somewhat different to the predictions of many industry analysts. In 2009, the price of a single barrel of oil stood at $40, ...
Tags: oil, gas, World Finance, award
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7220/4-1, cf. Section 8 of the Resource Management Regulations. Well 7220/4-1 will be drilled from the West Hercules drilling facility at ...
300,000 tons of extra-viscous oil (EVO) have been produced at Ashalchinskoye field of JSC TATNEFT since the beginning of its development. The planned production of EVO for 2013 amounts to 145 thousand tons. Development of Ashalchinskoye ...
Tags: oil, gas, TATNEFT, Ashalchinskoye
Carbon Energy (ASX:CNX, OTCQX:CNXAY) is pleased to announce the Company has received the first milestone payment from its UCG project in Inner Mongolia, China, which represents the first ever commercialisation of its keyseam Underground ...
Tags: carbon, energy, Trigger Payment, first
This is the third near-field discovery in the Norwegian Sea in three months. Exploration well 6407/8-6 and sidetrack 6407/8-6A, drilled by the Songa Trym drilling rig, have proven several oil columns in formations dating from the Jurassic ...
Tags: oil, discovery, Norwegian Sea, success
Sevan Marine ASA (the "Company") is pleased to announce that a company within the Logitel Offshore group of companies ("Logitel") has entered into a 3 year charter contract (the "Contract") with Petrobras commencing end 2014 for the ...
Tags: Sevan Marine, ASA, Logitel, award
Tuesday, Nov 12, 2013 BG Group today announced it has completed transactions with China National Offshore Oil Corporation (CNOOC) for the sale of additional interests in the Queensland Curtis LNG (QCLNG) project in Australia for US$1.93 ...
Tags: CNOOC, BG, transaction, QCLNG
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and undeveloped field opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announce an oil discovery in well ...
Tags: Faroe Petroleum, oil, gas, Atlantic
Wood Group has agreed to acquire Elkhorn HoldingsInc. ("Elkhorn"), a Wyoming-based provider of construction services formidstream oil & gas facilities in the US shale market. Elkhorn provides infrastructure-related services such as ...
Tags: Wood Group, shale, Elkhorn, enhance
JX Nippon Oil & Gas Exploration Corporation ("JX NOEX", President: Mr. Shigeo Hirai) is pleased to announce that 5-year extension of Block 15-2 Production Sharing Contract ("PSC") has been granted by the Vietnamese government for our ...
Otto Energy Limited ("Otto") (ASX:OEL), as operator of the producing Galoc oilfield joint venture offshore the Philippines, provides the following update on Galoc operations in SC14C. Ongoing operations Super Typhoon Haiyan passed ...
Qatar Petroleum (QP) and the Dubai Carbon Center of Excellence (DCCE) have signed a memorandum of understanding (MOU) that establishes a clear framework of communication and effective coordination between the two parties to strengthen their ...
Tags: Qatar Petroleum, Dubai Carbon Center, MOU, strategic, partnership
The vessel Atlantic Guardian, which has been working on a multi-client campaign in the Barents Sea since mid-April is mobilising to the Gulf of Mexico. The vessel will join the BOA Galatea under the current contract for PEMEX. Atlantic ...
Tags: vessel, Atlantic Guardian, BOA, PEMEX
BCI Chemical Corporation was presented with the Frost & Sullivan Technology Innovation Award for their achievements in the area of innovative value proposition in the Asia Pacific region at the 2013 Frost & Sullivan Asia Pacific Best ...
Tags: BCI, award, Frost&Sullivan, oil, gas