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Exoma withdraws from the Galilee Joint Venture
Exoma Energy Limited (ASX: EXE) advises that it has withdrawn from the Galilee Joint Venture exploration permits (ATP 991P, ATP 996P, ATP 999P and ATP 1005P), effective as of 1 January, 2015. Following Exoma's withdrawal, CNOOC Galilee Gas Company Pty Ltd will have ... Australasia
Oilex announces quarterly report for 30 September 2014
CAMBAY PSC (45% & OPERATOR), ONSHORE GUJARAT, INDIA Fracture stimulation completed All isolation plugs successfully milled out Gas and light oil flows to surface during flow-back and light oil recovered for sale Higher than expected proportion of light oil particul ... Asia Far East
Empire Energy Court case update
TXO PLC, the AIM-quoted energy resource and clean technology investment company, announces that following Smart Win's motion for summary judgment in the case against Empire Energy Inc. ("Empire"), in which TXO has an indirect interest via its 25 per cent. ... North America
LNG to the rescue at a revived Caribbean oil refinery?
As various Caribbean refineries closed, reopening them faced a problem. Even if you could get cheaper WTI-based crude to them, they would be competing against US refineries powered by lower-cost natural gas. A refinery in the Caribbean would have little alternative exce ... North America
Nanotechnology hits the oilpatch
Dropping energy prices—for both oil and natural gas—has investors and analysts checking to see what the break-even price is for oil production in each play in North America. This is a moving target, and it’s going lower all the time. And I’m go ... North America
Fluor reports third quarter results
Fluor Corporation (NYSE: FLR) announce financial results for its third quarter ended September 30, 2014. Net earnings attributable to Fluor from continuing operations rose to $183 million, or $1.15 per diluted share, from $173 million, or $1.05 per diluted share a year ... North America
The end of an era: Is the US petrodollar under threat?
Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. The reasons for the cozier relationship between ... North America