“This is an excellent addition to our deep-water portfolio – a key growth theme for Shell’s world-wide upstream business,” said Andrew Brown, Shell’s Upstream International Director. “It’s also good ...
Tags: First Oil, Deep-Water Project
“The Libra oil discovery in Brazil is one of the largest deep water oil accumulations in the world. We look forward to applying Shell’s global deep water experience and technology, to support the profitable development of this ...
Tags: Shell, oil discovery
Oil from the Cardamom subsea development (100% Shell) is piped through Shell's Auger platform. When at full production of 50,000 barrels of oil equivalent a day (boe/d), Auger's total production capacity will increase to 130,000 boe/d. ...
Tags: the Cardamom, Shell, Auger
Axalta Coating Systems introduced its Voltatex family of insulation coatings at the Coil Winding, Insulations & Electrical Manufacturing Exhibition (CWIEME) in Shanghai June 23- 24, 2015. Voltatex products have been tailor-made to enhance ...
Axalta Coating Systems, a global supplier of liquid and powder coatings, introduces its Voltatex family of insulation coatings at the Coil Winding, Insulations & Electrical Manufacturing Exhibition (CWIEME) in Shanghai. Voltatex products ...
Tags: Axalta Coating Systems, liquid and powder coatings, paint pigment
Groovystuff debuts Appalachian State University“Featured Student Designer” Ian O’Hare, along with an array of new product introductions in the reclaimed steel drum “Moonshine Collection” at the Summer Las Vegas ...
Tags: Las Vegas Market, Groovystuff, Furniture
BP announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the ...
Tags: oil production, gas production
The World Bank will fund infrastructure projects worth $245 million to revamp facilities in Uganda's Albertine oil region, ahead of first oil production in the country, Uganda's President Yoweri Museveni said in a statement Thursday. ...
Tags: Infrastructure Funds, Oil
Hess Corp. and North Dakota officials gathered Monday to mark the recent completion of an expansion of the company's natural gas processing plant that will help cut the amount of gas production wasted through flaring and boost NGL ...
Tags: natural gas, pipeline
Australian exploration and production company Santos produced 12.2 million barrels of oil equivalent in the first quarter of 2014, up 1% year on year, the company said Thursday. Santos attributed the rise to increased oil output following ...
Tags: Gas production, LNG, Crude oil
Markets for use of natural gas as a transportation fuel and to power industrial equipment are poised to take off in the next few years, the head of Encana said in Houston on Tuesday. "We at Encana believe that natural gas creates an ...
Tags: Natural Gas, transportation fuel
Monday, Jan 13, 2014 Husky Energy (TSX:HSE) has sanctioned two new heavy oil thermal projects in Saskatchewan, which will deliver a total of 20,000 barrels per day (bbls/day) of production. Engineering is underway with construction of the ...
Tags: Oil News, Gas News, Husky Energy
Monday, Jan 13, 2014 Gazprom Neft, operator of the Badra oilfield, Iraq, has reported the successful completion of well-testing at its BD4 appraisal well at the end of December, 2013. Potential production capacity was tested through the ...
Tags: Gazprom Neft, IraqV First Oil
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
Gazprom has started producing oil from the Prirazlomnoye field. It is the first Russian project for developing the Arctic shelf and the commencement of Gazprom's large-scale activities aimed at creating a large hydrocarbon production center ...