PetroTech Oil and Gas Inc. (OTC: PTOG) (the "Company" or Petrotech") today announced that they are moving forward on plans to complete three new drills on their existing Nowata lease in Oklahoma. While reworking existing wells that are now ...
Tags: Petrotech Oil and Gas, new drills, Nowata lease in Oklahoma, PTOG
Senex Energy Limited (Senex, ASX: SXY) provides the following information in response to recent media reports: On Wednesday 11 December, Senex submitted a non-binding, indicative proposal to merge with Australian-based oil and gas company ...
Tags: Senex, AWE Limited, oil and gas, merger
U.S. crude oil production will come close to its record high by 2016 as the energy boom continues to reshape the U.S. economy, the U.S. Energy Information Administration (EIA) said Monday in a new report. Domestic crude oil production ...
Tags: Oil Production, Energy
Helene Herman, director of global marketing for New York-based Lee Spring, which has a distribution center and sales offices in China, was one of more than 100 business and trade group representatives at a conference on the importance of ...
Tags: Helene Herman, Chemicals
Senegal hopes to find shale gas in its onshore Paleozoic Basin in the next two years having awarded exploration licenses to international companies, the head of state-owned Petrosen said Thursday. The west African nation, already a small ...
Tags: Shale Gas, Metallurgy
Argentina plans to increase the allowance for refiners and other companies to import diesel and gasoline supplies under a tax-free program in 2014, Economy Minister Axel Kicillof said Friday. He said the government will allow companies to ...
Tags: Fuel Imports, Tax-Free Program, Argentina
BreitBurn Energy Partners L.P. (the "Partnership") (NASDAQ:BBEP) today announced it has signed a definitive agreement to acquire additional oil and natural gas properties in the Permian Basin in Texas for approximately $282 million, subject ...
Tags: Oil and Gas News, Breitburn Energy, Acquisition, Permian Basin Interests
Dana will acquire 40 per cent equity and operatorship of the Danish 12/06 licence and 56 per cent equity and an option for operatorship of the German B20008-73 licence from PA Resources (PAR) UK Ltd. The total value of the deal is ...
Tags: Oil and Gas News, Dana Petroleum, Danish and German Sectors, Acquired
Shelton Petroleum has been informed that Petrogrand has requested conversion of Convertible 2. The parties are in disagreement regarding the right to convert. The board of directors of Shelton Petroleum and Petrogrand are now holding ...
Tags: Oil and Gas News, Shelton Petroleum, Convertible 2, Petrogrand
Aurora Oil & Gas Limited ("Aurora") (ASX:AUT) (TSX:AEF) advises that Marathon Oil Corporation, whose subsidiary Marathon Oil EF LLC is Aurora's operating partner in the majority of its Eagle Ford interests, has provided updated 2014 ...
Tags: Oil and Gas News, Aurora Oil&Gas, Sugarkane Field, Eagle Ford
Petroceltic International plc ("Petroceltic" or "the Company"), the upstream oil and gas exploration and production company focused on North Africa, the Mediterranean and the Black Sea regions, today provides an update on its western Black ...
Tags: Oil and Gas News, Petroceltic International, Exploration Drilling
Atwood Oceanics, Inc. (NYSE: ATW) announced todaythe delivery of the Atwood Advantage from the Daewoo Shipbuilding & MarineEngineering Co., Ltd. (DSME) shipyard in South Korea. The Atwood Advantage hasdeparted the DSME shipyard and ...
Global demand for gasoline will remain flat from 2014-2040, but global demand for diesel should grow by about 75% over the period to meet the needs of trucks and other commercial transportation, ExxonMobil said Thursday in its annual ...
Tags: Metallurgy, Mineral, Energy, gasoline
The cost of fossil fuel imports will stabilize, and may become cheaper, benefiting both China and Japan, amid increased energy exports from the US, said Yukari Yamashita, a director with Japan's Institute of Energy Economics on Thursday. ...
Tags: fossil fuel, energy import, energy export, shale gas, natural gas
Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) expects to invest between $2.8 billion and $3.1 billion in 2014, a 13% decrease when compared with the previous year. The company is focusing its capital on oil projects that are anticipated to ...