Greater political acceptance of shale gas exploration and the growing need among European countries to be self-sufficient in terms of energy is expected to result in the growth for the pumps market. Pump manufacturers, though, may not be ...
Tags: shale, gas, Europe, growth, pump, market, Frost, Sullivan
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 ...
A chief executive officer of a U.S. energy giant on Tuesday called for the government to remove its current ban on crude oil exports so as to lower consumer prices and stimulate further shale oil production, the Houston Chronicle reported. ...
Tags: Crude Oil, Export Ban
Smith Flow Control has recently received an Award from the Jasmine Project for its support and supply to the Jasmine Offshore Oil Field in the North Sea. First discovered in 2006, Jasmine Field is considered to be the UK's largest ...
Tags: oil, gas, Metallurgy, Mineral, Energy
The Ekofisk field will remain in production far longer than originally planned when the field was first put into production in 1970. This has created a need for a new production facility, Ekofisk 2/4 Z. Ekofisk 2/4 Z is a wellhead ...
Tags: ConocoPhillips, Ekofisk
Exxon Mobil Corporation announces results for the third quarter 2013. THIRD QUARTER HIGHLIGHTS - Earnings of $7,870 million decreased $1,700 million or 18% from the third quarter of 2012. - Earnings per share (assuming dilution) were ...
Tags: Exxon Mobil, Textile
Northwest European butane prices remain too high to attract petrochemical buying despite their recent slide, sources said Thursday. "At this stage we can't afford these butane levels," said a trader. Delivered prices of butane coasters, ...
PetroChina has received Chinese and Australian federal government approval to acquire from ConocoPhillips a 29% stake, valued at around A$32 million ($29 million), in a shale gas joint venture in Western Australia's Southern Canning Basin, ...
Tags: Chemicals, Metallurgy, Mineral, Energy, oil
Alaska has extended an agreement with TransCanada that sees the state offer subsidies for the firm's work on a natural gas pipeline and LNG export project in the state, a state official said Wednesday. The previous agreement expired June ...
Tags: Gas Pipeline, Alaska
There has been some uneconomic duplication of facilities such as loading jetties at the three LNG export projects being built on Curtis Island offshore the eastern Australian port of Gladstone, a senior executive at one of the projects ...
Tags: LNG Terminals, Chemicals
Heartened by a brief mention of liquefied natural gas exports by President Barack Obama, the new head of the US trade group for shale gas producers said Thursday he thought Obama should hasten a permitting process that has issued only two ...
Tags: LNG Exports, Chemicals
In 2003, Yukos was preparing for a game-changing merger with another private Russian oil company, Roman Abramovich's Sibneft, to create a 2.3 million b/d Russian oil producing giant. The deal was scuppered, however, in large part because ...
Tags: Yukos Demise, Giant Oil Producer
Bangladesh state-owned Petrobangla has sought permission to re-offer six shallow water oil and gas exploration blocks that attracted no bids in the county's recent bidding round, company chairman Hussain Monsur said Thursday. Monsur said ...
The announcements this week by North American energy companies Marathon Oil and Talisman Energy that they are pulling out of shale gas exploration in Poland seems to have finally killed the government's initial hope that the former Soviet ...
Tags: Polish Shale Gas, Gas
Karoon Gas has decided against exercising its right to pre-empt PetroChina's purchase of a 20% stake in the Poseidon gas-condensate discovery off Western Australia, the company said Friday. "By not exercising its pre-emptive right under ...
Tags: Karoon Gas, Australia Gas Field