holds interest in 146 million bbl. The high estimate of prospective resources for El Wak is 1,911 million bbl, of which the company holds interest in 382 million bbl. The El Wak lead is a four-way dip closed structure at surface overlying 1,200-sq
s Press Information Bureau said the government will get an additional 3,800 crore ..... of the additional revenue will go to government companies. Modifications to the Rangarajan ..... production-sharing contracts provide for government approval of gas prices, and coalbed
Christophe de Margerie, chairman and chief executive officer of Total SA, died Oct. 20 in the crash of a private airplane at Vnukovo Airport in Moscow.
Cairn India Ltd. has appointed Mayank Ashar as managing director and chief executive officer, effective Nov. 17.
Crude oil prices fell only slightly on the New York market Oct. 20 after the US light, sweet crude benchmark tumbled much of last week and has been down for 3 consecutive weeks while Brent crude oil prices have declined on the London market for 4 consecutive weeks.
contracts. Our way to award the contracts is through a bidding process.” During the now-completed Round Zero, the Mexico government awarded certain assets to Pemex and determined which assets are open to competitive bidding. Pemex will be allowed to participate
increase crude prices and decrease consumer fuel prices, the Government Accountability Office said in a recent report . It also called ..... Hampshire Survey Center, 78% of the respondents want the government to be certain about the impact of crude oil exports on gasoline
Jianhua Lv, chairman and chief executive officer, said the company is in discussions about doubling plant capacity through gas ..... years due to mine-consolidation guidelines of the Chinese government . Subsequent phases of the project could push output to 880
Production from the ADMA concession began in 1963. Ali R. Al-Jarwan, ADMA-OPCO chief executive officer, said the company has “an aspiration to reach a recovery factor of 70%” for the fields. BP has a 14.67% share in the ADMA-OPCO joint
Crude oil futures prices in New York ended the week slightly higher, but still remained below $83/bbl.