Sound Oil, the European / Mediterranean focused upstream oil and gas company, announces that it has signed a Letter of Intent ("LOI") for the forthcoming well addressing the Nervesa discovery on the Carita permit in Northern Italy. As ...
Tags: Sound Oil, Letter of Intent, Nervesa, Carita permit
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) ("Ithaca" or the "Company") announces completion of flow test operations on the second development well on the Stella field and provides an update on Greater Stella Area ("GSA") development ...
Tags: Ithaca, flow test operations, Greater Stella Area, Stella field, A2 well
China, the world's largest energy user, can maintain steady growth in annual oil and natural gas output beyond 2030, the Ministry of Land and Resources said on Wednesday. Crude oil and natural gas production in 2030 will be more than ...
Tags: Natural Gas, Oil Output
Pioneer Energy Services (NYSE: PES) today announced it has renewed its drilling contracts with Ecopetrol for all eight of its drilling rigs in Colombia effective January 1, 2014. Pioneer recently operated six rigs for Ecopetrol under ...
Tags: Pioneer Energy Services, Ecopetrol, drilling rigs, Colombia
GE Energy Financial Services, a unit of GE (NYSE:GE), has formed its third partnership with a Vess Oil Corp. affiliate to purchase oil reserves in East Texas for $108 million. The partnership is acquiring approximately 13,000 net acres and ...
Tags: GE Energy Financial Services, Vess Oil, East Texas, oil reserves
Parallel Energy Trust (TSX:PLT.UN)(TSX:PLT.DB) ("Parallel" or the "Trust") today announced its estimated production results for the fourth quarter and full year 2013, the commencement of its 2014 drilling program and its estimated year-end ...
Today (January 7, 2014), Ing. Guillermo Coco, President of Gas y Petróleo del Neuquén S.A., Martin Bachmann, Member of the Board of Executive Directors of Wintershall Holding GmbH and responsible for Exploration & Production ...
Tags: Gas y Petróleo del Neuquén, Wintershall, Aguada Federal
Brazilian state-owned oil and gas giant Petrobras said Tuesday that it will sell 5 billion U.S. dollars' worth of bonds to fund its 2013-2017 business management plan. The bonds, issued by Petrobras Global Finance, a subsidiary, are ...
Tags: Petrobras, Global Bonds
Cargill Inc. announced Wednesday plans to build a new steel processing center in Windsor, Colorado,? about 60 miles north of Denver, to supply the state's booming oil and gas industry. "By locating in northern Colorado, which is in the ...
Tags: Steel, Steel News, Cargill, Steel Processing and Distribution
Cargill Inc. announced Wednesday plans to build a new steel processing center in Windsor, Colorado,? about 60 miles north of Denver, to supply the state's booming oil and gas industry. "By locating in northern Colorado, which is in the ...
Tags: Steel, Steel News, Cargill, Steel Processing and Distribution
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce its 2014 development, appraisal and exploration budget which totals USD 2.1 billion. The 2014 expenditure on development projects is budgeted at USD 1.4 billion which ...
Tags: Lundin Petroleum, budget, expenditure, budgeted expenditure
Eco (Atlantic) Oil & Gas Ltd. ("Eco Atlantic" or the "Company") (TSX-V: EOG, NSX: EOG) is pleased to announce that it has submitted an initial evaluation report (the "Report") for the Daniel License, Block number 2013B offshore Namibia ...
Tags: Eco Atlantic, Daniel License, 2013B, offshore Namibia
AMEC, the international engineering and project management company, has been awarded a renewed contract by the Kuwait Oil Company (KOC) to provide Project Management Consultancy services for a portfolio of major upstream projects in ...
Tags: AMEC, renewed contract, Kuwait Oil Company
Fieldwood Energy LLC ("Fieldwood") announced today the acquisition of entities comprising SandRidge Energy, Inc.'s ("SandRidge") Gulf of Mexico and Gulf Coast business unit for $750 million, based on an effective date of December 1, 2013 ...
Tags: Fieldwood, acquisition, SandRidge, Gulf of Mexico, Gulf Coast, Riverstone
The need for energy efficiency in the numerous critical and energy-consuming operations of the chemical and petrochemical industry is lending impetus to the automation and software solutions market in Southeast Asia (SEA), Australia and New ...
Tags: Southeast Asia, Australia and New Zealand, automation, software solutions