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Madagascar Oil announces Board changes
Madagascar Oil (AIM:MOIL) today announces the following Board changes, all of which are taking place with immediate effect. Mr Teck Soon Kong, a Non-Executive Director of the Company and nominated representative of Benchmark Advantage Fund Ltd and BMK Resources Limit ...
West Europe
Total organizes the Group's new governance
Total's Board of Directors met today and paid homage to Chairman and CEO Christophe de Margerie, who died tragically in an airplane accident in Moscow on the night of October 20-21, 2014. After joining the Group in 1974, Christophe de Margerie was appointed to the ...
West Europe
Royale Energy confirms new high rate well
Royale Energy, Inc. (Nasdaq:ROYL) announce it has achieved a sustained rate of 1,600,000 cubic feet per day after opening an initial 2 feet of a 65 foot gross interval in the recently drilled McKinney well. Following the flow test, a pressure build test resulted in a to ...
North America
North Dakota aims to reduce natural gas flaring
Source: U.S. Energy Information Administration, based on North Dakota Industrial Commission About one-third of the natural gas North Dakota has produced in recent years has been flared rather than sold to customers or consumed on-site. The rapid growth in North Dakota ...
North America
Petro One Energy receives email from KMDC
Petro One Energy Corp. (TSX VENTURE:POP)(FRANKFURT:C6K1) reported on October 8, 2014 that it had closed a private placement of $3,260,842.75 on October 7, 2014 and that it had received confirmation from Korea Myanmar Development Company Ltd. ("KMDC") that that ...
North America
Magnum Hunter Resources completes production test results on Stewart Winland Pad in Tyler County, West Virginia
Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) announce that the Company has completed test results on its 100% owned Stewart Winland Pad located in Tyler County, West Virginia. The Stewart Winland Pad has fou ...
North America
Foster Wheeler awarded EPC contract for ExxonMobil's Antwerp refinery upgrade in Belgium
Foster Wheeler AG (Nasdaq:FWLT) announce that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement, and construction (EPC) contract by ExxonMobil Petroleum & Chemical BVBA ('Esso') for the Antwerp Northwest E ...
West Europe
Oil price, Nabors, Shell, Amerisur, Nostra Terra, Sundry and finally...
Oil price Whisper it very quietly... but we might just have seen the bottom for the oil price, at least for the time being. Now this is no cause for breaking out the champagne nor does it signify a meaningful rally but there are a couple of small signs that the major p ...
West Europe
3Legs Resources: Admission of ordinary shares to trading on AIM
3Legs Resources plc announces that it has applied for 215,884 ordinary shares of 0.025 pence each ("Ordinary Shares") to be admitted to trading on AIM ("Admission"). The Ordinary Shares have been issued following the exercise of share options at an e ...
West Europe
BP announces contracts for Tangguh Expansion Project
Train 3 will build on the safe and reliable operations of the two existing liquefaction trains at the Tangguh site, which is located in Teluk Bintuni Regency in Papua Barat province of Indonesia. The Project will add 3.8 million tonnes per annum (mtpa) liquefaction capa ...
Asia Far East
EMGS awarded seismic acquisition contract in Malaysia
With reference to stock exchange notice of 6 October 2014, with the announcement of a letter of intent in Malaysia, Electromagnetic Geoservices ASA (EMGS) hereby confirms that the Company has been awarded a contract. The survey will commence on 24 October, using the ves ...
Asia Far East
Why it's different this time
Is this downturn in oil prices going to be different for investors? I think it might. In fact, I think North American energy companies have a good chance of withstanding this downfall in prices than any other downturn of the last 40 years. You wouldn’t know it by ...
North America
Donnycreek Energy Inc. to merge with Contact Exploration Inc.
Donnycreek Energy Inc. ("Donnycreek" or the "Company") (TSX-V: DCK) reports that it has entered into an arm's length definitive arrangement agreement (the "Arrangement Agreement") with Contact Exploration Inc. ("Contact") wher ...
North America
InterOil Corporation updates on its exploration drilling program in Papua New Guinea
RAPTOR-1, PPL 475 Raptor-1 has intersected 200m of the Kapau Limestone target zone, with wireline logs indicating the presence of hydrocarbons. InterOil Corporation (NYSE, POMSoX: IOC) now plans to conduct well testing to determine the hydrocarbon type, column, flow r ...
Australasia
Shell announces Gabon deep-water gas discovery
Shell today announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir. Leopard-1 is located around 145 kilometres off the Gabonese coast, we ...
Africa
OptaSense provides revenue assurance to LNG pipeline by reducing the impact of third party intrusion
OptaSense, a QinetiQ company and global leader in Distributed Acoustic Sensing (DAS) technology, has successfully prevented external threats to a natural gas pipeline in the republic of Yemen, according to a case study paper due to be presented by Total at ADIPEC, the o ...
Middle East
Bechtel begins construction on expanded Canadian LNG facility
Bechtel started construction at the Tilbury Liquefied Natural Gas (LNG) facility in British Columbia. FortisBC, the owner and operator of the facility, awarded Bechtel an engineering, procurement, and construction contract to expand its Tilbury facility, which will incl ...
North America
Southwestern Energy elects Terry W. Rathert to the Board of Directors
The Board of Directors of Southwestern Energy Company (NYSE: SWN) announce that, effective October 20, 2014, Terry W. Rathert has been elected to the Board for a term expiring at the annual meeting of stockholders in 2015. With the election of Mr. Rathert, the Board of ...
North America
Australia's Empire eyes domestic barite mining opportunity for Africa's largest oil producer
Australian gold and copper explorer, Empire Resources Limited, (ASX: 'ERL') has announced the company is entering a joint venture opportunity in Africa to focus on one of the principal ingredients used in that country's large offshore petroleum industry. Th ...
Africa
Nabors announces third quarter 2014 results
Nabors Industries Ltd. (NYSE: NBR) reported third-quarter 2014 operating revenues and earnings from unconsolidated affiliates of $1.81 billion, compared to $1.62 billion in the second quarter of 2014 and $1.55 billion in the same quarter of the prior year. Third-quarte ...
North America