GE Energy Financial Services, a unit of GE (NYSE:GE), has formed its third partnership with a Vess Oil Corp. affiliate to purchase oil reserves in East Texas for $108 million. The partnership is acquiring approximately 13,000 net acres and ...
Tags: GE Energy Financial Services, Vess Oil, East Texas, oil reserves
AMEC, the international engineering and project management company, has been awarded a renewed contract by the Kuwait Oil Company (KOC) to provide Project Management Consultancy services for a portfolio of major upstream projects in ...
Tags: AMEC, renewed contract, Kuwait Oil Company
The Turkish Steel Exporters' Association (CIB) held a Shale Gas Seminar on January 7 at which it discussed the importance and benefits of shale gas applications. The CIB indicated that shale gas brings hope for many energy intensive ...
Tags: Steel, Steel News, Turkish Steel, Shale Gas
Yokogawa Electric Corporation is pleased to announce that its subsidiary Yokogawa Europe Solutions B.V. has been awarded a contract by Yamgaz, a consortium of Technip and JGC Corporation, to supply integrated control and safety systems ...
Tags: Yokogawa Electric Corporation, Yamgaz, Yamal LNG Project, Russia
Thailand's crude oil, condensate and natural gas production increased in the first 10 months of 2013 compared with the same period of 2012, but the growth rate has slowed considerably, according to the latest energy ministry data. Crude ...
Tags: Oil, Gas Output
JX Nippon Oil & Gas Exploration Corporation (President: Shigeo Hirai, "JX Nippon") is pleased to announce that through Greenland Petroleum Exploration Co., Ltd. ("GreenPeX"), it was successful in the 2012/2013 Licensing Round in Greenland ...
Tags: JX Nippon, GreenPeX, Block 9, Block 14, Chevron, Shell
Dana Gas, the Middle East's leading regional private sector natural gas Company, announced today that it has received from the Egyptian Government authorities the payment of AED 194 million (US$ 53 million) from the current total ...
Tags: Dana Gas, AED, Egyptian Government, Investment
Nation seeks to reduce use of fossil fuels in move to improve air quality China's dependency on natural gas imports will continue to increase as the country is trying to reduce its fossil fuel consumption and improve air quality, experts ...
Tags: Natural Gas
Despite the transformative impact that shale gas has had on the outlook of US energy markets, the European landscape regarding shale gas is very mixed and markets should exercise caution as multiple issues may slow progress, according to a ...
Four new hydrocarbon deposits were discovered at Rosneft's license blocks in Eastern Siberia,and reserves for one of the reservoirs have been converted from C2 to C1 category.The increase in C1 recoverable oil and condensate reserves was ...
Tags: Rosneft, hydrocarbon deposits, Rosneft's license blocks
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
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
China Petrochemical Corp, Asia's top refiner, is expanding in Africa through investment and social involvement, Du Juan reports As Africa becomes increasingly important in the global energy structure, with growing proven reserves of oil ...
Tags: Sinopec, China Petrochemical
Dominion (NYSE: D), one of the nation's largest energy companies, has contracted to deliver 500,000 dekatherms per day of natural gas produced in West Virginia to various interconnections with pipelines in Ohio, as producers look westward ...
Tags: Metallurgy, Mineral, Energy