Royal Dutch Shell Chief Executive Officer Peter Voser commented: “Shell is driving a long-term and consistent strategy, against a backdrop of volatile energy markets. Our profits pay for substantial investments in new energy ...
Tags: Shell, strategy, oil and gas
After signing the agreement, Wang Yupu (R) shakes hands with Igor Sechin (L). On Sept. 2, Sinopec and Russia’s Rosneft signed at the Eastern Economic Forum a binding agreement on a joint prefeasibility study for the construction and ...
Tags: Sinopec, Rosneft, joint prefeasibility study
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced its operational results for the first nine months of the current year. In the January-September period, TMK shipped 3.159 million mt of steel ...
BASF Group company Wintershall is further expanding its oil and gas production and reserves in the North Sea. Wintershall will acquire shares in the two producing fields Gjøa (5%) and Vega (24.5%), the development project Aasta ...
Tags: BASF, oil, gas production
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced its operational results for the first half of the current year. In the first half, TMK shipped 2.056 million mt of steel pipes to customers, ...
Tags: TMK, operational results, Metallurgy, Mineral
"We had a good start to the year in our chemicals business and in the Agricultural Solutions segment. We sold more. This more than compensated for the negative effects on sales from the comparatively weak U.S. dollar and currencies in ...
Tags: Construction, Decoration, Chemicals, Oil, Gas
Technologies that will increase the low rate of ultimate recoveries in shale plays are the next disruptive forces in US oil and gas production, experts said Tuesday in Washington. "The revolutionary change will be breaking out of the ...
Tags: Shale Technology, Schlumberger
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
ERHC Energy Inc. (OTCBB: ERHE), a publicly traded American company with oil and gas assets in Sub-Saharan Africa, has completed its airborne Full Tensor Gravity Gradiometry (FTG) survey of Block 11A in northwestern Kenya. Bell Geospace, ...
Tags: ERHC Energy, Sub-Saharan Africa, Full Tensor Gravity Gradiometry
Jura Energy Corporation ("Jura") (TSX:JEC) announced today that drilling has commenced at the Ayesha-1 in the Badin IV South block located in the Lower Indus Basin of Pakistan. The projected depth of the exploratory well is 2,400 meters, ...
Tags: Jura, Ayesha-1, Badin IV South block, Lower Indus Basin of Pakistan
Although oil demand will continue to increase globally, it will become the fuel with the slowest consumption growth because of structural changes in the energy sector, experts said. China will surpass the United States, becoming the ...
The Norwegian Petroleum Directorate (NPD) has completed the mapping of possible CO 2 storage sites on the Norwegian shelf, and will publish an atlas of the southern part of the Barents Sea today. The atlas was prepared on request from the ...
Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announces the win of two contracts with BP in Azerbaijan’s largest oil and gas fields worth approximately ...
The director for legal affairs of National Iranian Oil Company (NIOC) says buy-back contracts have attracted only 50 billion dollars in investment for Iran’s petroleum industry over 15 years. Under the best circumstances, the ...
SPX Corporation (NYSE: SPW) today announced that it was awarded a contract in Q3 worth approximately $22 million for oil well production pumps. The pumps will be utilized for key artificial lift service on EnQuest's new offshore subsea ...
Tags: SPX, award, contract, oil, production, pump, EnQuest, kraken, North Sea