Russian President Vladimir Putin and Rosneft President Igor Sechin took part in the launch of the most powerful Russian crude distillation unit CDU-12 at Tuapse refinery. Modernization of Tuapse refinery suggests in-process construction ...
Tags: Vladimir Putin, Igor Sechin, Russian crude distillation unit, CDU-12
API today welcomed a report from the U.S. Energy Information Administration (EIA) forecasting record-breaking production of domestic oil and natural gas, which will dramatically increase U.S. energy security. "America is in the midst of a ...
Tags: API, EIA forecasting, energy security, energy revolution
OptaSense announces its distributed acoustic sensing (DAS) was named winner of the "Best Drilling and Well Technology" in 2013 by Oil & Gas Agenda magazine. The award recognizes those companies who have "shown their ability to drive forward ...
CGG announced today that it has signed a contract with the Norwegian Petroleum Directorate (NPD) relating to the Seismic, Well and Production modules in the Diskos database, the National Data Repository of Norway. The scope of the contract ...
Sapphire Energy, Inc., one of the world leaders in algae-based Green Crude oil production, and Phillips 66 (NYSE: PSX), an integrated energy manufacturing and logistics company, announced a strategic joint development agreement aimed at ...
Tags: Metallurgy, Mineral, Energy, Crude Oil, Oil
CN (TSX: CNR) (NYSE: CNI) announced today it will start serving a new state-of-the art frac sand producer on its Wisconsin rail network in December 2013. The production facility of Source Energy Services (SES), formerly Canadian Sand and ...
Tags: gas, oil, Metallurgy, Mineral, Energy
SeaBird Exploration Plc ("SeaBird") is pleased to announce that the Harrier Explorer has been awarded a contract as a source vessel in North West Europe. The contract has an estimated duration of about 110 days and an estimated value of ...
Tags: Metallurgy, Mineral, Energy
Tenaris announced Wednesday an agreement to purchase, subject to regulatory approval, the remaining 50 percent interest in Socotherm Brasil from Socotherm Americas, a division of ShawCor. Socotherm Brasil operates a pipe coating facility ...
Opening the U.S. Atlantic Outer Continental Shelf (OCS) to offshore oil and natural gas development could have remarkable benefits for job creation, U.S. energy security, domestic investment, and revenue to the government, according to a ...
Tags: Oil and Gas News, Offshore Energy Development, Increase Jobs
Aibel is to carry out modifications to Kristin valued at NOK 200 million. The task is to connect the platform to the new Polarled pipeline. The contract has been awarded as a part of the framework agreement Aibel has with Statoil on ...
Tags: Oil and Gas News, Aibel, Kristin, Polarled pipeline
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
GE (NYSE:GE) today announced the selection of a site in Downtown Oklahoma City for the company's first-ever Global Research Center dedicated to Oil & Gas technology. GE's new Center will create 130 high-tech jobs and is expected to have a ...
API Director of Standards David Miller announced today the publication of a new oil and natural gas industry bulletin for well construction interface, the latest of several standards developed or strengthened as a result of post-Macondo ...
Tags: API, well construction, oil, natural gas, energy, industry standards, fuel
LONDON, Dec. 3, 2013 /PRNewswire/ -- Fifty-five percent of private equity (PE) executives cite the growing capital requirements of the oil and gas industry as the foremost driver of their investment activity in the industry, according to a ...
Tags: the oil and gas industry, private equity, major capital investment
The CO2 EOR market is a well established sector of the oil and gas industry in the United States with the first commercial projects dating back to the early 1970s. The key enabler of this success has been the availability of a large volume ...
Tags: CO2, Oil Recovery