Swedish high-technology engineering and steelmaking group Sandvik has announced that it has completed the acquisition of Varel International Energy Services Inc., a manufacturer of drill bits. The parties had reached an agreement for the ...
The likely impact of LNG exports from North America on wholesale gas prices around the world may put a cap on US exports at roughly 6 Bcf/d, Mike Fulwood, a principal in Nexant's Global Gas practice, said Tuesday. During a briefing on LNG ...
Tags: LNG Exports, gas prices
UK shale gas exploration and production could generate a GBP33 billion ($55 billion) investment boom, according to a report published by the UK shale lobby group UK Onshore Operators Group. Drafted by EY -- formerly Ernst & Young -- the ...
Redline Communications Extends High Speed Wireless to Vehicles, Ships and Offshore Oil and Gas Operations Thursday, Apr 10, 2014 Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), a leading provider of mission-critical wireless ...
Tags: Transportation, Service
US Representative Pete Olson, R-Texas, on Tuesday called for less federal regulation for oil and gas drilling, including allowing some drilling in national parks. Olson, who spoke at the Texas Independent Producers and Royalty Owners ...
The UK offshore oil and gas industry is experiencing record investment levels but there has been a fall in exploration activity that should lay the foundations for continued production. Industry association Oil & Gas UK Tuesday released ...
The UK government believes there is much greater opportunity in developing the North Sea's remaining oil and gas resources than in the fledgling onshore shale gas sector, and plans to implement speedily recommendations laid out in a final ...
Tags: Shale Gas, North Sea Investment
When it comes to storing energy on the grid, giant batteries are the only game in town. Now, a number of companies are building mechanical systems that use air as the storage medium. U.K.-based Highview Power Storage last week said that ...
Tags: Liquefied Air, Electronics
The first thorough comparison of evidence for natural gas system leaks confirms that organizations including the Environmental Protection Agency (EPA) have underestimated U.S. methane emissions generally, as well as those from the natural ...
Tags: Natural Gas
Russian steelmaker Severstal has announced that it delivered 1,800,000 mt of rolled steel to Russia-based pipe manufacturers in 2013, registering a 10 percent increase compared to 2012. Severstal stated that the growth was primarily ...
Tags: Pipe Producers, Steel
China's shale gas industry could soon be entering its boom years. Thanks to the top two oil and gas giants - China National Petroleum Corp and Sinopec Group - the nation's shale gas output soared from 25 million cubic meters in 2012 to ...
Indonesia's Industry Minister Mohammad S. Hidayat said on Thursday that non-oil and gas industry in the country would grow up between 6.4 to 6.8 percent this year with an estimated export earning of 125 billion U.S. dollars. The growth in ...
Tags: Gas Industry, Non-Oil, Mineral
Africa's biggest oil producer seeks balance between its profits and benefits in emerging markets such as China As Nigeria's government prepares to implement the Petroleum Industry Bill that will provide "long-term" investment prospects, ...
Tags: oil producer, Mineral
Mouvex is pleased to announce that it?s A Series Eccentric Disc Pumps have incorporated a variety of upgrades to meet the growing global demand within the oil & gas market. Mouvex A Series eccentric disc pumps, known for their ...
Tags: Oil, Gas, Pump, Processing Machinery
Gibson Energy Inc. has named a number of new executives, including one who will oversee trucking operations. Rick Wise was appointed chief operating officer. In his new role, Wise will be responsible for managing Gibson's operating ...