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...
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...
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...
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...
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...
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...
[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...
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...
The Donnybrook Energy Bigstone Hz 15-32-60-22 W5M well (25% working interest to Pennant) encountered 2744 m of high quality Montney reservoir with strong gas shows and excellent penetration rates. The reservoir encountered is...
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...
China National Petroleum Corporation (CNPC) announced on January 19 that the company recently signed a handful of cooperation agreements with partners in Middle East and Africa on oil and gas, to deepen their...
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...
In his third State of the Union address to the US Congress, President Barack Obama on Jan. 24 said he was "determined to prevent Iran from getting a nuclear weapon", stressing: "I will...
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...