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Regulation and Environment: Japan's oil refinining business adjusts to new rules
Japanese government regulation of Japan’s oil refining industry is detailed and proscriptive. Takeo Kumagai, in this week’s Oilgram News column Regulation & Environment, reviews the most recent round of new rules and how it will affect the business. Not lon ...
Asia Far East
Alternative use for clay minerals may benefit SA's growing energy sector
An Eyre Peninsula mineral exploration company has been awarded $36,000 to find innovative uses for clay minerals that could benefit local gas drilling programs and potentially create a new supply chain in South Australia. Science and Information Economy Minister Gail G ...
Australasia
The Oil Big Five: Your comments about oil reserves and opportunities for producers
November is thankfully on its last legs days, and we’re already exhausted. We knew the month would bring lots of big news topics (such as this one, which reminded me of this, because I’d love to see a rock opera about oil), as we discussed in our original Oi ...
North America
Canadian Quantum announces production test
Canadian Quantum Energy Corporation (TSX VENTURE:CQM) announce that the Company has drilled a well on its Alexander property located just north-west of Edmonton. The 15-11-56-27W4 well was originally drilled for the Detrital sand but has since been completed in the uppe ...
North America
Eureka Hunter Pipeline announces expansion of its Senior Secured Revolving Credit Facility
Eureka Hunter Pipeline, LLC, a subsidiary of Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE), announce that Eureka Hunter has closed on an expansion of its Senior Secured Revolving Credit Facility ("Revolv ...
North America
Toro reports release of gas from well near Airdrie
Toro Oil & Gas Ltd, formerly Kallisto Energy Corp. (TSX VENTURE:KEC) reports that a gas well located two kilometers southwest of Airdrie, Alberta began to leak at approximately 6:30pm on Saturday, November 22, 2014. As a precautionary measure, occupants of nearby reside ...
North America
Stephen Pryor to retire as President of ExxonMobil Chemical Company
Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation (NYSE:XOM), has elected to retire on January 1, 2015, after more than 44 years of service. It is anticipated that the board of directors of Exxon Mobil Corporation wi ...
North America
Petrofac provide an update on 2014 expectations and outlook for 2015
OUTLOOK AND GUIDANCE FOR 2015 Lower oil price environment and expectations of delivery on certain IES projects, coupled with anticipated outcome on Laggan-Tormore is likely to result in net profit in 2015 of around US$500 million Our guidance for 2015 reflects: cur ...
West Europe
Plexus receives £1.9 Million POS-GRIP well order with multi national oil company in the North Sea
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, known for its safety, time and cost saving capabilities, is pleased to announce it has received a purch ...
West Europe
Rawicz-12 appraisal well spuds
San Leon Energy announces the spud of the Rawicz-12 appraisal well yesterday on the 742 km2 Rawicz Concession in Poland's southern Permian Basin. The well, which is operated by Palomar Natural Resources ("PNR"), is targeting the previously-discovered Rawi ...
East Europe
Opuama Field current average gross production over 3,500 bopd
Eland Oil & Gas plc (AIM: ELA), an oil & gas production, development and exploration company operating in West Africa with a principal focus on Nigeria, is pleased to announce the following operations and financing update. Highlights Opuama Field current average gros ...
Africa
Well GY-667 successfully recompleted in the upper C-sand reservoir
LGO Energy announce that well GY-667, the fourth well of the current 30 well development programme, has been successfully recompleted in the upper C-sand reservoir. The well is currently flowing under its own pressure at a stabilized rate of 350 barrels of oil per day ( ...
Central America
Rose Petroleum receives and signs a unit operating agreement for its Cisco State Unit from the State of Utah
Rose Petroleum plc, the AIM-listed (Ticker: ROSE) natural resources company, is pleased to announce that its wholly owned subsidiary, Rose Petroleum (Utah) LLC, has received and signed a unit operating agreement for its Cisco State Unit from the State of Utah (the " ...
North America
Sound Oil announces intended offer for Antrim Energy
Sound Oil, the European focused upstream oil and gas company, announces that it intends to launch a public offer (the "Intended Offer") for 100 per cent. of the share capital of Antrim Energy Inc. ("Antrim"). The combined business would leverage Sou ...
West Europe
Oilex Ltd shares placed in a trading halt on the Australian Securities Exchange
Oilex Ltd (ASX: OEX, AIM: OEX) wishes to advise that its shares have been placed in a trading halt on the Australian Securities Exchange ("ASX") pending the release of an announcement in relation to a proposed capital raising. Oilex expects that an announcemen ...
Australasia

Friday, November 21, 2014

Statoil calls time-out in Kwanza exploration drilling program
Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola. The rig contract will cease with effect from 21 November 2014. Statoil's first well resu ...
Africa
Canadian Quantum announces production test
Canadian Quantum Energy Corporation (TSX VENTURE:CQM) announced today that the Company has drilled a well on its Alexander property located just north-west of Edmonton. The 15-11-56-27W4 well was originally drilled for the Detrital sand but has since been completed in t ...
North America
BG Group brings new production onstream in Brazil
BG Group (LSE: BG.L) today announced the start-up of the Cidade de Ilhabela floating production, storage and offloading (FPSO) vessel. This is the second unit deployed on the Sapinhoá field and the fifth FPSO to have come onstream across the interests in which BG ...
South America
Rockefeller Hughes provides announces operational update
Rockefeller Hughes Corporation (TSX VENTURE:RHC) listed on the TSX Venture Exchange ("RHC"), is pleased to provide the following company and operational update. Halo Project, Robertson County, Texas: The Company is pleased to announce the closing of an exchan ...
North America
Talisman and Ecopetrol make hydrocarbon discovery in Block CPO-9, Colombia
Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) affiliate Talisman (Colombia) Oil & Gas Ltd., and Ecopetrol S.A. (BVC: ECOPETROL NYSE: EC; TSX: ECP) have proven the presence of hydrocarbons in the Nueva Esperanza-1 exploratory well (A2b), located in block CPO-9, Department of ...
South America

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