Overview Ultrapetrol serves the shipping markets for grain, vegetable oils, minerals, crude oil, petroleum and refined petroleum products, as well as the offshore oil platform supply market. It operates three segments: a river...
COMNEWS XXX SYDNEY 1001/1/1 XXX - Company Announcement $gen0 6 February 2012 Part 1/1 --- Changes in substantial shareholdings: Buyers Sydney - Monday - February 6: (RWE Aust Business News) - A list...
There are seven crude oil, natural gas and condensate producing ventures in Oman other than PDO. Together they are producing 265,500 b/d of crude oil, condensates, LPG, and over 375 MCF/d of gas....
Oman's crude oil and condensate output in recent weeks has been averaging about 901,500 b/d. This is close to the average in 2009 which was up 7% from 2008, having fallen to 700,000...
PDO produces the bulk of Oman's associated gas. Its output is being utilised for domestic consumption and re-injection into the oilfields. PDO produces non-associated gas from Yibal and Lekhwair. The government takes a...
Petroleum Development Oman: PDO is owned 60% by the Omani government, 34% by Shell which is the technical manager, 4% by Total and 2% by Partex. The Shell-led foreign partners in PDO in...
Nimr, and oil and gas field in the south found in 1980, produces 21 deg. API oil from a Devonian Fm. A group of connected fields found later, including West Nimr, raised this...
The Baltic Dry Index (BDI) touched a 25-year low of 647 points on Feb. 3, while weak shipping demand and a seasonal boost in capacity last month added to the challenges facing China's...
Once complete, MarkWest will operate approximately 2.3 billion cubic feet per day (Bcf/d) of processing capacity and nearly 300,000 Bbl/d of fractionation capacity serving the Northeast shales, including the Huron, Marcellus, and Utica....
Approximately 80% of Canada's oil sands can be produced using in-situ technology, which involves the injection of steam to enable bitumen to be extracted through drilling versus surface mining. The ExxonMobil -patented technology...
KHE-102 well is an appraisal well which has tested the structural elevation, reservoir quality and reservoir fluids present in the Triassic Butmah and Kurrachine Dolomite Formations on the north flank of the field...
China's imports of nickel ore and concentrate declined 30.66 percent on monthly basis in December to 4.37 million tons amid soft domestic demand and high stockpiles, Antaike analyst Xu Aidong told Interfax Feb....
China's steel product output rebounded 1.38 percent month-on-month in December to 71.07 million tons as mills ramped up production after prices recovered from their September slump, Umetal analyst Hu Yanping told Interfax. Output...
China Guangdong Nuclear Power Corp (CGNPC) moved closer to gaining control of Kalahari Minerals PLC, which holds an indirect interest in the world's fourth-largest uranium mine, the Husab project in Namibia. That's after...
The market for pressure transmitters, a sensor used in the automated measurement of unit volume, has jumped in recent years, from $1.93 billion in 2006 to $2.4 billion in 2010. That growth looks...
[ILLUSTRATION OMITTED] The model of progress that many people keep in their heads looks something like the Victorian-era depiction of the ascent of Man. Just as nature progressed from fish and reptile to...
GE is providing a range of LNG and subsea technology for Gorgon, which will produce 15 million metric tons per year of LNG. Both performance and full-load tests on the mixed refrigerant and...
A Korean consortium made up of the state company Korea Resources Corp. LS-Nikko Cobre Inc.announced the start of the operations in the Cobre Panama mining project in the first half of the year,...
The volatility that marked energy markets over the past year is almost guaranteed to continue in 2012. Geopolitical factors, such as Europe's financial crisis and conflicts with Iran and other regions, make long-range...