Although oil demand will continue to increase globally, it will become the fuel with the slowest consumption growth because of structural changes in the energy sector, experts said. China will surpass the United States, becoming the ...
The Norwegian Petroleum Directorate (NPD) has completed the mapping of possible CO 2 storage sites on the Norwegian shelf, and will publish an atlas of the southern part of the Barents Sea today. The atlas was prepared on request from the ...
Carbon Sciences, Inc. (CABN), provider of a complete solution for transforming abundant and affordable natural gas into clean burning gasoline and other transportation fuels, today announced that it is actively considering several Texas ...
Tags: Carbon, Metallurgy, Mineral, Energy
Natural gas resources in the Horn River and Cordova Embayment of northeast British Columbia are expected to feed the planned Aurora LNG facility, a National Energy Board filing noted. On Friday, Nexen Energy ULC on behalf of Aurora ...
Tags: Oil and Gas News, LNG facility, Horn River and Cordova Embayment
InterOil Corporation (NYSE: IOC; POMSoX: IOC) has agreed to sell to Total S.A. (CAC: TOT; NYSE: TOT) a gross 61.3% interest in Petroleum Retention License 15 ("PRL15") which contains the Elk-Antelope gas fields in the Gulf Province of ...
Tags: Oil and Gas News, Interoil, PNG Gas
In the operation and development of a sour gas field, a key challenge is ensuring the process safety and integrity of the asset and, most importantly, the safety of the personnel working with high concentrations of hydrogen sulphide (H2S). ...
Tags: Oil and Gas News, DNV GL JIP, Deal
An Iranian deputy minister of petroleum has said that administration of Hassan Rouhani welcomes Japanese and European firms’ investment in Iran’s oil industry. Speaking to Yomiuri Shimbun, Ali Majedi said that the ...
Tags: investment, mineral, oil
Yesterday, the Minister of Petroleum and President of the state-owned company PDVSA, Rafael Ramirez, and a delegation of Eni, composed of the members of the board of directors and led by the Chief Executive Paolo Scaroni and the President ...
Tags: Venezuela, Oil Minister Rafael Ramirez, Eni, board, inaugurate, Junin-5
Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announces the win of two contracts with BP in Azerbaijan’s largest oil and gas fields worth approximately ...
Global oil and gas service company, AGR, has long had a presence throughout Africa and so will be building upon this at the 20th Africa Oil Week in Cape Town (25-29 November). The richness and diversity of hydrocarbon habitats, combined ...
Tags: oil, Metallurgy, Mineral, Energy
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 ...
SPX Corporation (NYSE: SPW) today announced that it was awarded a contract in Q3 worth approximately $22 million for oil well production pumps. The pumps will be utilized for key artificial lift service on EnQuest's new offshore subsea ...
Tags: SPX, award, contract, oil, production, pump, EnQuest, kraken, North Sea
China National Petroleum Corp has ramped up production at its gas fields in Turkmenistan in anticipation of higher winter demand in China, the company said Tuesday. Gas from the Amu Darya project's 31 wells is now flowing at rate of 19.8 ...
Tags: Gas Output, Winter Demand
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
Vermilion Energy Inc. ("Vermilion", "We" or "Our") (TSX: VET) (NYSE: VET)is pleased to announce that it has entered into a definitive purchase and sale agreement with GDF SUEZ E&P Deutschland GmbH ("GDF SUEZ") whereby Vermilion, through its ...
Tags: Vermilion Energy