PSC articles & resources on Made-in-China.com

Shell Signs New Upstream Deals with CNOOC and CNPC

Dec 9, 2016

The two offshore oil and gas PSCs with CNOOC are for blocks 62/02 and 62/17 in the Yinggehai Basin. Shell, as operator, will apply advanced seismic acquisition and processing technologies to conduct 3D seismic data surveys in the Yinggehai ...

Tags: Shell, oil and gas, seismic data

US Judge Approves Volkswagen's $14.7bn Settlement Over Emissions Scandal

Oct 27, 2016

A US judge has approved Volkswagen's $14.7bn deal that arose from the automaker's diesel emissions cheating scandal. Judge Charles Breyer of the US District Court for the Northern District of California granted final approval to the ...

Tags: diesel emissions, diesel cars

US Judge Grants Preliminary Approval to Volkswagen Emissions Settlement

Aug 3, 2016

A senior US District Court judge for the Northern District of California has granted preliminary approval to a $15bn settlement over Volkswagen's emissions cheating scandal. Judge Charles Breyer granted preliminary approval of the ...

Tags: Volkswagen, vehicles, TDI engine

Oil Price Crash Impacts Spend on Fiber Sensors

Nov 5, 2015

The global distributed fiber optic sensor market was valued at $585 million in 2013, and projected to approach $1.5 billion in 2018 with 70% of sales associated with the oil and gas segments. But now a revised market forecast, ...

Tags: fiber optic sensor, Oil Price, smart sensing

DTE Electric to Retire a Third of Its Coal-Fired Generation

Jun 23, 2014

DTE Electric, Michigan's largest power utility with more than 2.1 million customers, plans to retire a third of its coal-fired generation, more than 2,000 MW, by 2025, and rely more on natural gas and renewables, mostly wind, the company ...

Tags: natural gas, renewables

The Amount of Natural Gas in Michigan at The End of October Is Expected to Be 18.47% Less

May 27, 2014

The amount of natural gas in Michigan storage facilities at the end of October, the traditional end of the injection season, is expected to be about 18.47% less than was expected to be storage at the same point a year ago, figures from the ...

Tags: natural gas, Michigan Gas

The World Bank Has Required Bangladesh to Increase Domestic Natural Gas Prices

Apr 29, 2014

The World Bank has called on Bangladesh to raise domestic natural gas prices after five years without an increase. "The administered price of domestically produced natural gas is fixed at a level considerably below that of the ...

Tags: Natural Gas, Domestic Prices

China Is Targeting Shale Gas Output of 6.5 Billion Cubic Meters/Year by 2015

Mar 6, 2014

Recent progress at shale gas projects operated by China's state-owned giants Sinopec and China National Petroleum Corp. suggest the country is on track to meet the 2015 production target set by the central government, analysts said Monday. ...

Tags: Shale Gas, PetroChina

US Major Chevron Expects to Start up Its Chuandongbei Sour Gas Project Onshore China

Mar 4, 2014

US major Chevron expects to start up its Chuandongbei sour gas project onshore China in 2015, a further delay from its last target of late 2013, the company indicated in a filing to the US Securities and Exchange Commission last week. The ...

Tags: Chevron, Gas Project

Gulf Keystone Provides an Operational and Corporate Update

Jan 13, 2014

Gulf Keystone, a leading independent E&P operator in the Kurdistan Region of Iraq, today provides an operational and corporate update. Significant progress has been made since the Field Development Plan ("FDP") for the Shaikan field was ...

Tags: Gulf Keystone, operational update, corporate update, Shaikan field

The Hakuryu-11 Jack-up Rig Is Currently in Vietnam Awaiting an Appropriate Weather Window

Jan 10, 2014

Nido Petroleum Limited (ASX: NDO) ("Nido" or the "Company") has been advised by Operator Lundin Petroleum that the Hakuryu-11 jack-up rig is currently in Vietnam awaiting an appropriate weather window for mobilisation to the Republic of ...

Tags: Nido, Operator Lundin Petroleum, Hakuryu-11 jack-up rig, Balqis-1 well

Far East Energy Announces a Continued Rise in Gas Production From The Shouyang Block

Jan 9, 2014

Far East Energy Corporation (OTCBB:FEEC), the U.S. listed company that operates the Shouyang Block Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, announces a continued rise in gas ...

Tags: Far East Energy Corporation, Shouyang Block Coalbed Methane

The Mananda 7 Well Was at a Depth of 1,921 Metres in a 121/4 " Hole

Jan 7, 2014

Oil Search reports that as at 06:00 hours PNG time on 2 January, the Mananda 7 well was at a depth of 1,921 metres in a 121/4 " hole. Since the last drilling report released on 19 December 2013, drilling progress has been 860 metres. The ...

Tags: Oil Search, Mananda 7 well, drilling report, Taza 2 well

US Firm Is Preparing a Strategy to Remove Pakistan From The List of PSC

Jan 2, 2014

A US firm is preparing a strategy to remove Pakistan from the list of permitted sourcing countries (PSC), Munir Qureshi, Overseas Pakistanis and Human Resource Development Secretary said while speaking to members of the Pakistan Textile ...

Tags: Textile Exporters, US Firm

Indonesian PSC Bid Group Was One of Seven Unsuccessful Bidders for The Bengara-II Block

Dec 27, 2013

Continental Energy Corporation (OTCQB: CPPXF) (the "Company"), an emerging international energy investment company, today announced that its Indonesian production sharing contract (PSC) bid group was one of seven unsuccessful bidders for ...

Tags: oil, gas

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