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INPEX: a Shallow Gas Release Occurred on Development Well on The Tunu Field

Nov 25, 2013

INPEX CORPORATION announces that a shallow gas release occurred on development well on the Tunu field lying in offshore Mahakam Block located in East Kalimantan, Indonesia on Friday 8th November 2013. According to the project operator ...

Tags: gas, release, well, Tunu, Mahakam, Block, East Kalimantan, Indonesia

Ross Stores Reported Earnings Per Share for The 13 Weeks Ended Nov 2 2013 of $.80

Nov 25, 2013

Ross Stores, Inc. reported earnings per share for the 13 weeks ended November 2, 2013 of $.80, up from $.72 for the 13 weeks ended October 27, 2012. These results reflect an 11% increase on top of a 14% gain in the third quarter of 2012. ...

Tags: Ross Stores, Apparel

NIOC: Buy-Back Contracts Attracted Only 50 Billion Dollars in Petroleum Investment

Nov 25, 2013

The director for legal affairs of National Iranian Oil Company (NIOC) says buy-back contracts have attracted only 50 billion dollars in investment for Iran’s petroleum industry over 15 years. Under the best circumstances, the ...

Tags: Revenues, buy-backs, lower, Iran, potential

OPEC Should Realize That Higher Oil Prices Are Unnatural and Will Not Be Helpful to It

Nov 25, 2013

OPEC should realize the reality that higher oil prices are unnatural and the result of geopolitical issues including imposing sanctions on Iran, a situation that will not be helpful to the organization. Former Iran’s governor for ...

Tags: OPEC, benefit, high price

API Director of Upstream & Industry Operations Erik Milito Welcomed Today's Authorization

Nov 25, 2013

API Director of Upstream and Industry Operations Erik Milito welcomed today’s authorization by the Department of Energy for exports from the Quintana Island, Texas liquefied natural gas (LNG) facility and urged the agency to quickly ...

Tags: API, speedy, approval, LNG, export

Magellan Midstream Closed Its Previously-Announced Acquisition of Rocky Mountain Pipeline

Nov 25, 2013

TULSA, Okla., Nov. 15, 2013 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has closed on its previously-announced acquisition of Rocky Mountain pipeline assets from Plains All American Pipeline, L.P. ...

Tags: Magellan Midstream, close, Rocky Mountain, pipeline, acquisition

Gastar Exploration Closed Its Acquisition of Mid-Continent Assets

Nov 25, 2013

Gastar Exploration, Inc. ("Gastar") (NYSE MKT: GST) announced today that its subsidiary, Gastar Exploration USA, Inc. ("Gastar USA"), closed its acquisition of Mid-Continent assets from Lime Rock Resources II-A, L.P. and Lime Rock Resources ...

Tags: Gastar Exploration, close, mid-continent, acquisition, million, senior

SPO Awarded a 3-Year Contract to Veripos for Provision of Precise Satellite Positioning

Nov 25, 2013

Swire Pacific Offshore Operations (Pte) Ltd (SPO), one of the world's leading owners and operators of quality support vessels to the offshore sector has awarded a three-year contract to Veripos for the provision of precise satellite ...

Tags: Swire Pacific Offshore, award, contract, Veripos, satellite, positioning

PWA Have Completed a $9.2 Million Acquisition of The Operating Assets of ProSep Inc

Nov 25, 2013

Produced Water Absorbents, Inc. and its subsidiaries (PWA) have completed a $9.2 million acquisition of the operating assets of oil and gas technology company ProSep Inc. and are launching a combined portfolio of patented solutions to treat ...

Tags: PWA, complete, acquisition, ProSep

BOS Announce The Successful Completion of Extensive IRM Work on BSP Offshore Assets

Nov 25, 2013

Bibby Offshore Singapore (BOS) is pleased to announce the successful completion of extensive Inspection, Repair and Maintenance (IRM) work on Brunei Shell Petroleum (BSP) offshore assets. The project involved the inspection of BSP’s ...

Tags: Bibby, offshore, Singapore, Brunei Shell Petroleum

Eco-Friendly Process to Bleach Garments Is Unveiled by MACTEC

Nov 25, 2013

Attending for the first time to the most important fair in the denim market, MACTEC brings forward the Paris winter with a breeze of frozen air to the next edition of Denim by Première Vision. It’s all about ICELITE, the ...

Tags: Bleach Garments, Eco-Friendly Process

NNSA Recovered High-Activity Radioactive Materials From an Oncology Clinic in Mexico

Nov 25, 2013

The National Nuclear Security Administration (NNSA) today announced that it recovered high-activity radioactive materials from an oncology clinic in Ciudad Juarez, Mexico. NNSA's Global Threat Reduction Initiative (GTRI) and the Mexican ...

Tags: High-activity, radioactive, material, remove, Mexico

The Indian "Closet Consumer" of Luxury Has Emerged as a Major Phenomenon in a Report

Nov 25, 2013

The Indian ‘Closet Consumer’ of luxury has emerged as a major phenomenon in a report titled “The Changing Face of Luxury in India” jointly published by CII and IMRB International. ‘The Changing Face of ...

Tags: Luxury Market, Closet Consumer

US Oct Retail Sales Is Aimed to Good Holiday Season Ahead

Nov 25, 2013

Positive retail sales numbers in the month of October point to a good holiday sales season ahead. According to the National Retail Federation – the world largest retail trade association – October retail sales, excluding ...

Tags: Retail Sales, Textile

Foster Wheeler AG's Subsidiary Is Awarded a Contract by Axion Energy Argentina S.A.

Nov 25, 2013

Foster Wheeler AG (NASDAQ:FWLT) today announced that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Axion Energy Argentina S.A. (“Axion”), a subsidiary of Bridas Corporation, to ...

Tags: Foster Wheeler, win, engineering, procurement, contract, coker

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