Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) is pleased to announce that the proposed acquisition of Petrominerales Ltd. (TSX: PMG) (BVC: PMGC) ("Petrominerales"), as previously announced (the "Arrangement"), has ...
Tags: Metallurgy, Mineral, Energy
China's 23 state-owned refineries plan to operate at an average 75% of capacity in November, processing a total 16.42 million mt, or 4.01 million b/d, of crude, according to a Platts monthly survey. The survey this month covered 13 ...
Tags: refineries, Mineral
China may raise the price of refined oil on Thursday, which would mark the seventh such increase within a year, industry analysts predicted. The upward adjustment of the refined oil price is predicted to be 100 yuan ($16) per ton, ...
Tags: Refined Oil, Crude Oil
Jet fuel and diesel made from plant matter using Australian technology has the potential to reduce greenhouse gas emissions by more than 80 per cent if substituted for fossil fuel-based products. The reduction in emissions over the full ...
Tags: Bio Crude Oil, Metallurgy, Mineral, Energy
The Canadian Trucking Alliance (CTA) recommends that all provinces follow Ontario and Quebec’s lead in requiring a truck speed limit of no more than 105 kilometres an hour. The recommendation comes in a white paper, a report stating ...
Rosneft’s Board of Directors approved Vankorneft as an operator of three business projects: Lodochnoye, Suzunskoye and Tagulskoye fields, as well as construction of a 150-megawatt gas-turbine thermal power plant for their power ...
Tags: development, stage, Vankorneft
Alderley will be exhibiting at the 4thBASRA Oil and Gas Conference and Exhibition at the Basra International Fairground in December 2013. Alderley will be talking about their latest projects in Iraq to supply crude oil metering systems ...
Tags: alderley, demonstrate, local oil, gas, capability, BASRA, 2013
With the transportation of dangerous goods on the radar of federal Transport Minister Lisa Raitt following a devastating train wreck in Lac Megantic earlier this year, the Canadian Trucking Alliance (CTA) is looking at its own ...
Tags: CTA, issue, white paper, exploring, transportation, dangerous, good, truck
Shares of Sinopec, China's top refiner listed in both Shanghai and Hong Kong, opened to tumble on Monday following Friday's deadly oil pipeline blasts in east China's Shandong Province. A-share of Sinopec in Shanghai opened at 4.85 yuan ...
Tags: Sinopec, Oil Pipeline
The current volatility of crude oil spreads like Brent/WTI and Brent/LLS are a sign that, when it comes to light, sweet crude in the US, refining capacity limits are being reached, Ed Morse, head of commodities research at Citigroup, said ...
Tags: Chemicals
Monday, Nov 25, 2013 The largest oilfield in the USA south of Canada is said to be the East Texas Oilfield. (The largest oilfield in the USA is Prudho Bay in Alaska).Since I began my research on oil in 2003 my mental image of the East Texas ...
Tags: Metallurgy, Mineral, Energy, Oil
PLH Group, Inc. (PLH), a portfolio company of private equity firm Energy Capital Partners, announced today that a consortium of large petroleum pipeline companies has selected Snelson Companies, Inc., a PLH company, to build 163 miles of ...
Tags: PLH, petroleum, consortium, Texas, pipeline
TULSA, Okla., Nov. 15, 2013 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has closed on its previously-announced acquisition of Rocky Mountain pipeline assets from Plains All American Pipeline, L.P. ...
Tags: Magellan Midstream, close, Rocky Mountain, pipeline, acquisition
Produced Water Absorbents, Inc. and its subsidiaries (PWA) have completed a $9.2 million acquisition of the operating assets of oil and gas technology company ProSep Inc. and are launching a combined portfolio of patented solutions to treat ...
Tags: PWA, complete, acquisition, ProSep
Kentz Corporation Limited (LSE: KENZ), the holding company of the Kentz engineering and construction group, is pleased to announce the award of a five year framework contract for general engineering services on the SAMREF refinery in Saudi ...
Tags: Kentz, award, engineering, framework, SAMREF, Saudi Arabia