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
Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”), an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an ...
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
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
FieldPoint Petroleum Corporation (NYSE/MKT:FPP) today reported the drilling of the Ranger Unit 8A #1H with Riley Exploration Group of Blanchard, OK. Completion and fracking of the well is to begin this week. FieldPoint President, Phillip ...
New Zealand Energy Corp. (TSX VENTURE:NZ)(OTCQX:NZERF) today provided an update on its production and operational activities. The Company is currently producing approximately 236 barrels ("bbl") per day of light, high-quality oil (average ...
Jura Energy Corporation (TSX:JEC) ("Jura" or the "Company") is pleased to announce the first gas production from the Reti-Maru gas fields in the Guddu Block commenced on Thursday, December 26, 2013. Initial production is being controlled to ...
AMEC, the international engineering and project management company, has been appointed by Nexen Petroleum UK Limited, a wholly-owned subsidiary of CNOOC Limited, to provide engineering, procurement and construction (EPC) services for their ...
Tags: Oil News, Gas News, AMEC, Nexen Petroleum UK Limited
The Petrobras' P-55 platform, one of the strategic projects in the 2013-2017 Business and Management Plan, started-up the last Tuesday (12/31/13) in Campos Basin's Roncador field. P-55 is part of Roncador´s field Module 3 project ...
Tags: Petrobras, P-55 platform, Campos Basin, Roncador field
Tethys Petroleum Limited ("Tethys") (TSX:TPL)(LSE:TPL), the oil and gas exploration and production company focused on Central Asia and the Caspian Region, is pleased to announce that it has received the appropriate Georgian governmental ...
Tags: Tethys, Iberia, Georgia, Uzbekistan
Thailand's crude oil, condensate and natural gas production increased in the first 10 months of 2013 compared with the same period of 2012, but the growth rate has slowed considerably, according to the latest energy ministry data. Crude ...
Tags: Oil, Gas Output
NYMEX February crude settled 87 cents lower at $98.42/barrel Tuesday in low volume, pre-New Year's holiday trade, with the rest of the complex mixed. ICE February Brent settled 41 cents lower at $110.80/b. In products, NYMEX January ULSD ...
Tags: petroleum markets, Mineral
Nation seeks to reduce use of fossil fuels in move to improve air quality China's dependency on natural gas imports will continue to increase as the country is trying to reduce its fossil fuel consumption and improve air quality, experts ...
Tags: Natural Gas
An average 2014 oil price of $81/b for Saudi export crude, or about $85/b for Brent, is likely to be needed for Saudi Arabia to balance state revenues with government spending in the coming year as oil production declines to 9.3 million ...
Tags: Balance Budget, Oil Output
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 ...