“Quest would be the first application of CCS technology for an oil sands upgrading operation,” says John Abbott, Shell’s Executive Vice President of Heavy Oil. “Not only would it allow us to significantly reduce the ...
Tags: Shell, CO2 Storage Project
With all its 19 units successfully passed the trial run, Sinochem Quanzhou 12 million MT/a refining project (hereinafter referred to as Sinochem Quanzhou refining project), invested solely by Sinochem Group, was officially rolled out on ...
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
A proposed free trade agreement between Canada and South Korea would remove the current 3% to 8% tariff that Canadian oil and gas producers have to pay for exports into that Asian nation, a Canadian government spokeswoman said Monday. ...
Tags: LNG Exports, Oil Exports
Canada's total crude oil output is expected to reach 3.9 million b/d in 2015, some 500,000 b/d more than the current output, driven primarily by small in-situ oil sands developments, each typically 35,000-40,000 b/d, an industry official ...
Tags: Oil Output, oil sands
Canada's leading light oil producer Penn West will invest C$900 million ($815 million) in 2014 on its assets in Western Canada, targeting an annual average output of 101,000-106,000 b/d of oil equivalent, CEO Dave Roberts said Friday. ...
Tags: Light Oil Producer, Mineral
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
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today the successful results of the first production tests in the CPE-6-1X exploration well and the CPE-6-H2 appraisal well, two new wells drilled during ...
Tags: exploration, oil
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that it has reached an agreement to sell its 5% interest and transportation rights in the Oleoducto Central S.A. ("OCENSA") oil pipeline in Colombia for a ...
Tags: pipeline
Pan Orient Energy Corp. ("Pan Orient" or the "Corporation") (TSX VENTURE:POE) is pleased to provide an update on operations in Thailand, Indonesia and Canada. Concession L53 Onshore Thailand (Pan Orient Operator and 100% Working Interest) ...
Changyi Petrochemical recently finished refrigerant circulation renovation in its 1.4-million-ton catalytic cracking unit,greatly raising the unit's capacity.The renovation significantly reduced energy consumption,could save 12,000 tons of ...
Tags: Changyi Petrochemical, refrigerant circulation renovation
Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has reached binding commercial agreements to proceed with constructing approximately $2 billion in pipeline expansions (the "Phase III ...
Eagleford Energy Inc. (OTCBB: "EFRDF") ("Eagleford Energy" or the "Company"), announces that together with its wholly owned subsidiary, Eagleford Energy, Zavala Inc., ("Eagleford Energy") has entered into a Joint Development Agreement with ...
Tags: Metallurgy, Mineral, Energy
CALGARY, Dec. 4, 2013 /CNW/ - Oryx Petroleum Corporation Limited ("Oryx Petroleum" or the "Corporation") today announces the successful discovery at Zey Gawra in the Hawler license area.. The ZEG-1 well was flow tested at an average rate of ...
Tags: Oryx Petroleum, oil discovery, Hawler, ZEG-1 well, DST
Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) is pleased to announce that today it closed the acquisition of Petrominerales Ltd. (TSX: PMG) (BVC: PMGC) ("Petrominerales") by way of a plan of arrangement (the ...
Tags: Metallurgy, Mineral, Energy