| Cambridge Consultants’s Aveillant Secures New Funding |
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UK >> 3/13/2013 - Cambridge Consultants’ latest spin-out company Aveillant, whose 3D Holographic Radar prevents wind turbines from interfering with airport radar – has secured up to £6.75 million in new funding. The in...
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| HRT Announces Results of Wingat Well |
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NA >> 5/20/2013 - HRT Participaçoes em Petroleo S.A through its wholly-owned subsidiary HRT Walvis Petroleum (Proprietary) Ltd. ("HRT Walvis"), announces that its first exploration well (Wingat-1 2212/07/1) in a multi ...
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| Brazil Gets Strong Bids at 1st Auction in 5 Yrs |
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BR >> 5/14/2013 - Global energy companies were strong bidders at Brazil's first auction for oil and natural gas rights in five years, alleviating fears that government intervention and growth in new global supplies mig...
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| Crosstex Invests $25 M in Third Utica Shale Compression |
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US >> 5/8/2013 - The Crosstex Energy companies, Crosstex Energy, L.P. (the Partnership) and Crosstex Energy, Inc. (the Corporation), announced that the Corporation has agreed to invest approximately $25 million in a ...
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| China Oil Demand in April 2013 |
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CN >> 5/2/2013 - The growth in Chinese oil demand in February, at 1.9% y-o-y, was much lower than that experienced during the previous four months, after January, for example, had recorded growth of almost 7%. The oil...
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| Van Oord to Construct Offshore Windpark Luchterduinen |
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NL >> 1/22/2013 - Van Oord has been awarded the construction of the offshore wind park Luchterduinen. The wind farm will be located 23 kilometres from the Dutch coast between Noordwijk and Zandvoort. Client is the joi...
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| Wentworth Provides East Africa Operations Update |
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TZ >> 4/24/2013 - Wentworth, the East Africa and Rovuma Basin-focused oil & gas company, announces the following operations update: ...
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| Lukoil Promotes Wind Power Engineering |
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RO >> 1/23/2013 - LUKERG Renew (a parity-based joint-venture of LUKOIL-Ecoenergo and the Italian ERG Renew) acquired a 100% interest in the Romanian company Land Power SRL, which holds a license to build a wind power s...
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| US Product Markets and Refinery Operations – March 2013 |
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US >> 4/20/2013 - US gasoline demand stood at around 8.5 mb/d in March, a level similar to that of the previous month, but down by around 170 tb/d from the same month a year earlier. The gasoline cracks managed to keep...
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| BMT ARGOSS Wins Caspian Sea Forecasting Contract |
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KZ >> 4/17/2013 - BMT ARGOSS (BMT), a subsidiary of BMT Group Ltd, has secured a long-term contract to provide an oil major with weather forecasting services for all its North Caspian Sea operations, both offshore and ...
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| Petronova Provides Update on the Pendare-2 Well |
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CO >> 4/17/2013 - PetroNova Inc., a company engaged in the exploration and development of oil and natural gas resources in Colombia, provided an update on the Pendare-2 exploratory well located on the CPO-13 Block (in ...
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| Product Markets and Refinery Operations - Apr 13 |
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AT >> 4/12/2013 - Product markets turned bearish during March — losing the ground gained over the
previous months — due to declines in light and middle distillate cracks. Markets
weakened under the pressure of increa...
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| World Oil Demand - Apr 13 |
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AT >> 4/12/2013 - World oil demand
Monthly data that is starting to emerge for the first quarter of 2013 suggests that OECD
demand may be disappointing compared with our previous assessment. However, this
...
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| Mott MacDonald Appointed Owner’s Engineer for Hopefield Farm |
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ZA >> 1/17/2013 - Mott MacDonald has been appointed as owner’s engineer for the 67MW Hopefield Wind Farm in South Africa’s Western Cape province. Developer Umoya Energy has appointed the consultancy to deliver owner’s ...
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| Magnum Hunter Spuds the First Utica Shale Well in Ohio |
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US >> 4/12/2013 - Magnum Hunter Resources Corporation (the "Company" or "Magnum Hunter"), announced the commencement of drilling its first Utica Shale well on the Farley Pad (4 Well Pad) located in northern Washington ...
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| Duke Completes Los Vientos Windpower Projects |
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US >> 1/14/2013 - Duke Energy Renewables, part of Duke Energy’s Commercial Businesses, announced the completion of its largest-ever windpower construction projects, Los Vientos I and II in south Texas, adding 402 megaw...
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| Emerson’s Wireless Technology Upgrades RWE’s Gas Facility |
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CZ >> 3/27/2013 - Emerson Process Management’s Smart Wireless technology is helping RWE Gas Storage maximize the capacity of its Dolni Dunajovice underground gas storage facility in the Czech Republic. Installation of ...
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| Antero Reports 2012 Results & Delivers Operating Update |
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US >> 3/18/2013 - Antero Resources today released its 2012 results. Those financial statements are included in Antero Resources LLC’s Annual Report on Form10-K for the year ended December 31, 2012, which has been filed...
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| Ivanhoe Energy Reports 2012 Financial Results |
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CA >> 3/18/2013 - Ivanhoe Energy Inc. is reporting today its 2012 financial results and 2013 business plan. In 2012, Ivanhoe Energy restructured and right-sized the organization to strengthen the balance sheet and bett...
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| Norstra Enters Bakken Oil Boom |
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US >> 3/18/2013 - NORSTRA ENERGY INC. is pleased to announce that it has entered into a farm-out agreement with Summit West Oil, LLC. for the South Sun River Bakken Prospect, which was identified by the Company's manag...
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| US Product Markets and Refinery Operations – Feb 2012 |
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AT >> 3/17/2013 - US gasoline demand stood at around 8.5 mb/d in February, increasing around 100 tb/d from the previous month but down by around 170 tb/d from the same month a year earlier. The gasoline cracks strength...
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| Kuwait Plans Oil, Gas Production Hike by 2030 |
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KW >> 3/12/2013 - Kuwait Oil Company (KOC) plans to increase oil and gas production by 750,000 barrels per day (bpd) and 1.5 billion cubic feet respectively by the year 2030, KOC Chairman of board Sami Al-Rushaid said....
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| Product Markets and Refinery Operations - Mar 13 |
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AT >> 3/12/2013 - Product markets continued the upward trend during February. The top of the
barrel became more bullish on the back of tightening sentiment, with gasoline
inventories falling in the Atlantic Basin ami...
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| 19th Western Africa Oil, Gas & Energy Conference |
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NA >> 3/11/2013 - The Government of Namibia and the Commissioner for Petroleum of Namibia are pleased to welcome Global Pacific & Partners’ 19th Western Africa Oil/Gas & Energy Conference 2013 from 22 - 24 April to Win...
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| Brazil Congress Overturns Veto on Oil Royalty Bill |
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BR >> 3/7/2013 - Brazil's Congress has overturned a presidential veto of a controversial oil and natural gas royalty bill, stripping billions of dollars in revenue from producing states, which have threatened to conte...
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| Trans Energy Expands the Existing Credit Facility to $75 M |
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US >> 3/6/2013 - Trans Energy, Inc., a pure play Marcellus Shale exploration and production company, announced that it has increased the size of its existing credit facility to $75 million from $50 million. The expand...
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| Crosstex Agrees to Invest $50 Million in Utica Shale |
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US >> 3/6/2013 - The Crosstex Energy companies, Crosstex Energy, L.P. (the Partnership) and Crosstex Energy, Inc. (the Corporation), announced that the Corporation has joined with the former management of Enerven Com...
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| Enhancement of DNP3 SCADA Functionality for Oil & Gas |
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US >> 2/27/2013 - Yokogawa Electric Corporation announces that it will release an enhanced version of the STARDOM network-based control system on February 28. With this release, the integrity of the data transferred be...
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| GE Wins $333M Service Contract for Sakhalin-2 LNG |
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RU >> 3/5/2013 - GE Oil & Gas has received a 16-year service contract extension valued at $333 million for Sakhalin-2, one of the world’s largest integrated oil and gas projects that operates in the harsh subarctic en...
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| Bad Weather Cuts Iraq Basra Oil Exports to 1.6 Mln bpd |
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IQ >> 3/3/2013 - Bad weather trimmed oil shipments from Iraq's southern Basra terminals on 2 march 2013, with only 1.6 million barrels being exported compared with 2.23 million on 1 march 2013, a shipping source said....
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| Crew Energy Purchases 59 Sections of Montney Rights |
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CA >> 3/1/2013 - Crew Energy Inc. ("Crew" or the Company") of Calgary, Alberta is pleased to announce that it has purchased 59 sections of Montney lands (the "Option Lands") in Northeast British Columbia, exercising o...
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| Vortex FP Control Panels Monitor Gas Detectors in Zone 1 |
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UK >> 2/25/2013 - Crowcon’s new Vortex FP Compact control panel increases the flexibility of its flameproof product range. Like the existing Vortex FP, the FP Compact is specifically designed to monitor toxic and flamm...
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| Emerson Wins $5.8m Orders for Gas Detection Technology |
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AU >> 2/22/2013 - Emerson Process Management, a global business of Emerson, has received orders totaling approximately $5.8 million for ultrasonic gas detection technology that will be used to monitor for leaks at onsh...
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| Egypt Govt Struggles with Ongoing Diesel fuel Shortage |
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EG >> 2/12/2013 - In queues often hundreds of metres long, trucks, tractors and microbuses can be seen outside gas stations across Egypt waiting to fill up on diesel fuel. "I've been waiting here for six hours," lament...
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| Gulfport Proposed Acquisition of Additional Utica Acreage |
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US >> 2/11/2013 - Gulfport Energy Corporation announced its proposed acquisition of additional working interests in the Utica Shale in Eastern Ohio. ...
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| PetroQuest Provides 2013 Production & Operating Updates |
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US >> 2/5/2013 - PetroQuest Energy, Inc. announced that the Company ended 2012 with approximately 228 Bcfe (265 Bcfe using December 31, 2012 pricing) of estimated proved oil and gas reserves having a pre-tax discounte...
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| Venezuela to Modify Windfall Tax on Oil Firms |
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VE >> 1/28/2013 - Venezuela is changing its oil windfall tax bands under which the government raises income for social spending and other purposes, Energy Minister Rafael Ramirez said. ...
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| Eco Atlantic Partners Sign JOA on All Offshore Licenses |
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NA >> 1/28/2013 - Eco (Atlantic) Oil & Gas Ltd is pleased to announce that, through its wholly- owned subsidiary, it has signed three Joint Operating Agreements (“JOA’s” or the “Agreements”) with NAMCOR, the National P...
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| Magnum Hunter Plans to Begin Developing in Utica Leasehold |
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US >> 1/22/2013 - Magnum Hunter Resources Corporation (the "Company") announced that it intends to drill a minimum of four (4) Utica test wells in Ohio this year. If results are similar to those experienced by offset O...
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| PSI AG Appoints Harald Fuchs to the Management Board |
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DE >> 1/16/2013 - Effective 1 July 2013, Harald Fuchs (48) has been named to the Management Board of the PSI AG. He will follow Armin Stein (61), who is resigning from the company with the end of his contract on 30 Jun...
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| Impact of Amenas Crisis on Algeria O&G Industry |
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DZ >> 1/22/2013 - About 40 jihadist fighters raided Amenas gas development site located in the Illizi basin close to the Libyan border. While some hostages escaped in the early stages of the crisis, hopes soon faded fo...
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| IHS Releases New Version of Kingdom Geoscience Software |
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US >> 1/15/2013 - IHS, the leading global source of information and analysis, has launched IHS Kingdom 8.8, the latest release of its industry leading geoscience software. IHS Kingdom now enables geologists and geophys...
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| JAPEX Acquired Additional Acquisition Shale Oil Interest |
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US >> 1/16/2013 - As a press release on August 10, 2012 informed, Japan Petroleum Exploration Co., Ltd. (JAPEX) participated through a 5% working interest in a shale oil development project in the State of Texas, USA (...
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| Pétrolia Indicates Positive Results of Two Anticosti Coreholes |
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CA >> 1/14/2013 - Petrolia is pleased to announce initial results for the Macasty shale Formation oil cores taken from the Princeton Lake and Highcliff coreholes on Anticosti Island by Pétrolia and Corridor Resources i...
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| Crestwood Acquires Remaining Interest in Marcellus JV |
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US >> 1/8/2013 - Crestwood Midstream Partners LP (“Crestwood”) announced that it has purchased the remaining 65% interest in Crestwood Marcellus Midstream LLC (“CMM”) from Crestwood Holdings Partners LLC (“Crestwood ...
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| Asia Pacific Economy in December 2012 |
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TH >> 1/7/2013 - There are increasing signs that the Asia Pacific’s manufacturing sector is slowly taking a turn for the better. In Indonesia, manufacturing activity continues to grow, but a bit more slowly, with the ...
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| Replacement - Banking Waivers & Contracts Update |
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AE >> 1/2/2013 - Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, makes an announcement with a further update on k...
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| NIS Launches New Wind Power Plant |
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RU >> 12/17/2012 - The Serbian Naftna industrija Srbije (NIS), in which Gazprom Neft owns a 56.5 percent stake, has signed an agreement with Energowind for the construction of a wind power plant to be called Plandiste. ...
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| Iberdrola Sells 32 Wind Farms in France |
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FR >> 12/31/2012 - Iberdrola has reached an agreement with a consortium of EDF Energies Nouvelles (20%), MEAG, asset manager of Munich Re and ERGO (40%), and GE Energy Financial Services (40%), a unit of GE, for the sal...
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| Agreement on Testing of Vestas' V164-8.0 MW Wind Turbine |
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DK >> 12/11/2012 - DONG Energy and Vestas Wind Systems have entered into a cooperation agreement on the testing of Vestas' V164-8.0 MW wind turbine at Test Centre Osterild in Denmark. Through this agreement, DONG Energy...
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