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
The Gazprom Management Committee took notice of the information about the Company's efforts aimed at expanding natural gas use as a vehicle fuel abroad. The meeting noted that the main advantages of natural gas as a fuel were its ...
The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, according to ...
Tags: Oil and Gas News, Exxonmobil
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
A joint venture of Zachry Industrial, Inc. and CB&I has been selected by FLNG Liquefaction, LLC and FLNG Liquefaction 2, LLC to engineer, procure and construct the Freeport Liquefaction Project in Brazoria County, Texas. Zachry and CB&I ...
Tags: Oil and Gas News, Zachry Industrial, LNG, Liquefaction Terminal
Republic Services, Inc. today announced the deployment of 107 Compressed Natural Gas (CNG) solid waste and recycling trucks to serve customers in Anaheim and throughout Orange County. The new CNG fleet replaced older diesel and liquid ...
Tags: Oil and Gas News, Natural Gas Powered Trucks, Republic Services, Anaheim
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
An expansive U.S. economy and six months of overall manufacturing growth are generating optimism for the Control System Integrators Association (CSIA) as it prepares to meet the demands of industry clients in 2014. "The automation ...
State-owned PetroChina has signed a purchase contract with Datang International Power Generation for natural gas supply into Beijing, PetroChina said Thursday. Under the contract, Datang will supply 4 million cubic meters/day of natural ...
Tags: PetroChina, Datang, Gas Supply, Beijing
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 ...
Wintershall, a 100% BASF subsidiary, is optimizing its portfolio through divesting its share in selected assets on the UK Continental Shelf. Through the transaction, the Hungarian MOL Group will acquire 14 licenses in the North Sea, ...
BOC, the UK's largest supplier of compressed and liquefied gases, and logistics specialists Stobart Group welcomed Jon Horsley lead technologist, low carbon vehicles, from the UK's innovation agency the Technology Strategy Board to Eddie ...
Tags: liquefied gas, BOC, energy
Wärtsilä, the marine industry's leading solutions and services provider, will provide a full propulsion package for a new passenger ferry being built for the Germany based Reederei Cassen Eils GmbH. The contract was signed in ...
Tags: service, transportation
The average annual rise in China's petroleum use will drop to 2.5 percent during the years 2013 to 2020 as the government tries to slow down economic growth and reduce carbon emissions, said experts. The figure will keep declining to 1.5 ...
Tags: Petroleum Use, Chemical Industry