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...
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...
In mid-December 2011, the Organization of Petroleum Exporting Countries (OPEC) surprised the energy markets by deciding to increase oil production with a new output target of 30 million barrels a day. Bloomberg reported...
NEWS SHORTS FROM THE PULP AND PAPER WORLD CORPORATE STRATEGY China maps out guidelines for pulp and paper industry development China looks set to raise its pulp capacity in a bid to reduce...
From The Santa Fe New Mexican: Jan. 31, 1912: C.B. Baker, inspector for the General Land Office, returned from a trip to Gallup yesterday evening. He reports great activity in the Seven Lakes...
According to the company, the Central / Western Lochend Cardium trend continues to see considerable industry drilling activity and significant Cardium results by TriOil and industry, with 19 wells to date achieving IP30...
The sultanate of Oman has seen its oil and condensate production rise again to over 900,000 b/d. This was the average for 2010 and 2009, up 7% from 2008, having fallen to 700,000...
Discoveries in each of the past 21 years have encouraged the government to embark on big projects. In 1991 alone, oil finds amounted to 343m barrels, which raised Oman's officially proven reserves to...
Saudi Petroleum & Mineral Resources Minister Ali al-Na'imi has repeatedly stated in recent days that the kingdom will be able to almost instantly raise its crude oil production from 10m to 11.8m b/d...
Fitch affirms Lukoil 'BBB-' rating with 'stable' outlook International rating agency Fitch Ratings affirmed on January 27 its long-term foreign and local currency issuer default rating (IDR) for oil major OJSC Lukoil of...
Lundin Petroleum is in ongoing negotiations with Det norske Oljeselskap ASA, operator of license PL001B, in relation to a coordinated development solution for the Luno and Draupne fields and we expect an agreement...
Filter cake is in the crosshairs at industrial biotech company Verenium Corp. The publicly held enzyme maker has developed an environmentally friendly alternative to the chemicals oil-drilling companies traditionally use to break down...
The Petroleum Minister since March 2011, Eng. Ghorab took up this post from Mahmoud Latif Amer and was retained in Ghanzoury's government. Latif had become petroleum minister on Feb. 23 to replace long-serving...
CNOOC, China's largest offshore oil and gas producer, said that it aims to produce 330-340 million barrels of oil equivalent in 2012, up from an estimated output of 331-332 million barrels last year....
DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/1e4d61/global_and_chinese) has announced the addition of the "Global and Chinese FPSO Industry Report, 2011" report to their offering. Offshore engineering equipment consists of exploration equipment, drilling facility, production...
DUBLIN -- Research and Markets(http://www.researchandmarkets.com/research/0fc372/antioxidants_from) has announced the addition of the "Antioxidants from Olive Waste - Patent and Technology Report - Key Players, Innovators and Industry Analysis" report to their offering. Fruit and...
DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/f0dc8a/global_and_chinese) has announced the addition of the "Global and Chinese Offshore Rig Industry Report, 2011" report to their offering. Offshore Rig Can Be Divided into 8 Categories: *...
THE WOODLANDS, Texas -- CB&I (NYSE:CBI) announced today that it has been awarded a contract, valued in excess of US$750 million, by Imperial Oil Resources Ventures Ltd. for work on the Kearl Expansion...
DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/323332/azerbaijan_oil_and) has announced the addition of the "Azerbaijan Oil and Gas Report Q1 2012" report to their offering. Project slippage remains the key threat to an Azeri energy...