Deep Down, Inc. (OTCQX: DPDW) ("Deep Down"), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced today it has received orders for Steel Tube Flying ...
SPX Corporation (NYSE: SPW) today announced that it was awarded a contract in Q3 worth approximately $22 million for oil well production pumps. The pumps will be utilized for key artificial lift service on EnQuest's new offshore subsea ...
Tags: SPX, award, contract, oil, production, pump, EnQuest, kraken, North Sea
A chief executive officer of a U.S. energy giant on Tuesday called for the government to remove its current ban on crude oil exports so as to lower consumer prices and stimulate further shale oil production, the Houston Chronicle reported. ...
Tags: Crude Oil, Export Ban
Red palm oil has burst onto the health scene as a miracle food, helping to heal everything from cardiovascular disease to Alzheimer's to cancer. However, as it becomes more popular worldwide, a dark secret has come to light. Due to its ...
Tags: palm oil, health craze, extinction, destroy
The global oil market is currently well supplied but growing demand pressures and ongoing disruptions in some OPEC producing countries could soon reverse a recent spate of softer oil prices, the International Energy Agency said Thursday. ...
Tags: Oil Prices, oil market
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad announced today that EnQuest Heather Limited together with EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical ...
Preliminary production figures for October 2013 indicate an average daily production of about 1 751 000 barrels of oil, NGL and condensate. This is 175 000 barrels per day (about 11 percent) more than in September 2013. Total gas sales ...
Tags: Norwegian, petroleum, production, figure, 2013
Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) remained broadly unchanged at 29.93 million barrels per day (b/d) in October following production of 29.91 million b/d in September, a just-released ...
Treaty Energy Corporation (OTCQB: TECO), a growth-oriented international energy company, today announced plans to expand its oil and gas field development operations in Tuscola, Texas and provided a material update on all other current ...
The state of the oil and gas markets in 2013 is markedly different to what it was just a few short years ago, and somewhat different to the predictions of many industry analysts. In 2009, the price of a single barrel of oil stood at $40, ...
Tags: oil, gas, World Finance, award
JX Nippon Oil & Gas Exploration Corporation ("JX NOEX", President: Mr. Shigeo Hirai) is pleased to announce that 5-year extension of Block 15-2 Production Sharing Contract ("PSC") has been granted by the Vietnamese government for our ...
Wednesday, Nov 13, 2013 Iran’s Petroleum Ministry plans to hold a conference in London in March 2014 in order to introduce revised oil contracts structure, the head of ministerial committee for oil contracts revision said. Mehdi ...
Oil prices were little changed Monday as traders awaited U.S. crude inventories data for last week. Energy Information Administration (EIA), the Energy Department' s statistical arm, will on Wednesday release its report covering U. S. ...
Tags: Oil, Metallurgy, Mineral, Energy
Exxon Mobil Corporation announces results for the third quarter 2013. THIRD QUARTER HIGHLIGHTS - Earnings of $7,870 million decreased $1,700 million or 18% from the third quarter of 2012. - Earnings per share (assuming dilution) were ...
Tags: Exxon Mobil, Textile
China's crude oil output reached 155.19 million tonnes in the first three quarters, a year-on-year increase of 2.3 percent, according to data from the country's top economic planner. During the January-September period, China refined ...