India’s minister of petroleum and natural gas says GAIL (India) Ltd. is “running behind schedule” on three pipeline projects.
Devon Energy Corp. has elected Dave Hager, most recently the company ’s chief operating officer, as its president and chief executive officer . Hager succeeds John Richels, who announced plans
The US Senate Energy and Natural Resources Committee sent the broad energy policy bill developed by Chair Lisa Murkowski (R-Alas.) and Ranking Minority Member Maria E. Cantwell (D-Wash.) to the full Senate for final debate by 18 to 4 votes on July 30. Eight committee Democrats joined 10 Republicans
Lime Petroleum Norway AS has agreed to acquire 50% of the PL760 and PL760B licenses in the Norwegian Sea from Enquest Norge AS. Terms weren’t reported.
Light, sweet crude oil prices each dropped more than $1/bbl in July 31 trading and continued sliding in early Aug. 3 trading after a weekly US rig count showed another gain in rigs targeting oil for the week ended July 31, renewing concerns that ample world oil supplies is likely to continue.
Al-Zour refinery complex in southern Kuwait as part of the company ’s Clean Fuels Project (CFP) ( OGJ Online, July 1, 2011 ..... package due to be awarded in the coming weeks, the state-run company confirmed in a series of posts to its social media accounts
that hosts oil and natural gas development off its shores should get a fair share of the revenue collected by the federal government .” Karen A. Harbert, president of the US Chamber of Commerce’s Institute for 21st Century Energy, said the vote
production ( OGJ Online, Nov. 28, 2012 ). Nine other well pairs are expected to be converted in the third quarter, the company said in its second quarter financial report. Athabasca commenced steaming the 15 well pairs in March. Initial temperature
representing a decline of 37%. The company ’s oil and gas production during the ..... billion, trimming $3 billion since the company ’s last update in April ( OGJ Online ..... compared with 2013. As a result, the company says it expects to cut 6,500 staff and
The UK oil and gas industry remains fragile, but the outlook has improved in the second quarter, according to Oil & Gas UK.