Houston-based Furie Operating Alaska reached its planned depth of 10,400 feet and is making plans to do a natural gas production test in a closely watched Cook Inlet exploration well, state officials said Thursday. Kyle Smith, petroleum ...
Tags: Furie Operating, Cook Inlet Test
The announcements this week by North American energy companies Marathon Oil and Talisman Energy that they are pulling out of shale gas exploration in Poland seems to have finally killed the government's initial hope that the former Soviet ...
Tags: Polish Shale Gas, Gas
Shell lays keel for world's first floating LNG project Thursday, May 09, 2013 In an important step, Shell has laid the keel for Prelude FLNG, the world's first floating liquefied natural gas (FLNG) project. When complete, Prelude is ...
Tags: Shell, Transportation, Service
As a result of renewed focus and restructuring over the past few years, BP now will direct as much as 75-80% of its capital expenditures to upstream projects over the next decade, BP's chief executive of upstream said Monday. The world ...
Royal Dutch Shell, Japan's Mitsubishi and Iraqi state-owned South Gas Company have launched a long-delayed project to capture and market gas from some of Iraq's biggest oil fields, Shell said Wednesday, adding that it would be the largest ...
Tags: Royal Dutch Shell, Mitsubishi
Miami, Florida-based Abakan Inc. announced Tuesday that it has entered into a memorandum of understanding with Cone S.A. for construction of a manufacturing facility to suit large-scale clad pipe manufacture inside the new Suape Export ...
Tags: Abakan, Cone SA, Clad Pipe Plant
Sumitomo and Tokyo Gas have concluded a natural gas liquefaction tolling agreement with Dominion Resources and signed heads of agreements to supply LNG from the US company's proposed Cove Point project in Maryland, the Japanese companies ...
Oil futures settled higher Wednesday, partially rebounding from Tuesday's sharp selloff on uncertainty in Cyprus, after weekly inventory data from the US Energy Information Administration proved to be unexpectedly bullish. NYMEX April ...
Tags: Oil, Chemicals, Metallurgy
The UK's BG Group is holding "secret talks" on the possible development of the Gaza-Marine offshore gas field, Israeli economic daily Globes reported Thursday. A spokesman for BG told Platts the company does not speculate about "what we ...
Tags: offshore gas field, offshore gas, gas
Germany, which currently produces 13% of its gas demand from domestic reservoirs, could meet this proportion of its energy consumption from unconventional resources for 100 years, German oil and gas producer Wintershall said Tuesday. ...
Tags: gas, gas demand, gas resources
US independent Cub Energy said Friday is has agreed to acquire a privately held Ukrainian oil and gas explorer, PrivateCo, for $25 million to increase its existing gas acreage in Ukraine. Under an all-share deal, Cub will pick up some ...
Tags: US independent Cub Energy, oil, gas, gas acreage
Australia's Liquefied Natural Gas Limited has signed an exclusive lease option agreement with the US' Lake Charles Harbour and Terminal District Authority for the site of its proposed Magnolia LNG project in Louisiana, the company said ...
Tags: Liquefied Natural Gas, Magnolia LNG project, chemicals
China's dependence on foreign crude oil and refined oil products is set to increase, but the government has placed a cap at 61% of total requirements for the end of the current five-year economic plan in 2015, according to a new government ...
Tags: China, crude oil, refined oil products, energy development
Improved reliability and affordability of energy systems, increased community and Aboriginal involvement in decision-making, and reducing environmental impacts due to energy use were some of the key issues identified as requiring attention ...
WorleyParsons has been awarded a three year contract by Shell Gas Iraq BV to provide project management support and services for the rehabilitation of gas facilities and infrastructure that are part of the scope of Basrah Gas Company (BGC). ...
Tags: Shell, Worleyparsons, Gas Contract