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.
Phillips 66, Houston; Energy Transfer Partners LP (ETP), Dallas; and Sunoco Logistics Partners LP, Philadelphia, have formed a joint venture to construct the Bayou Bridge pipeline, which will deliver crude oil from the Phillips 66 and Sunoco Logistics terminals in Nederland, Tex., to Lake Charles,
m, half of which will be horizontal. The target is natural, near vertical fractures in the Forillon oil reservoir. The company hopes its new prospect will perform much like the Galt No. 4, which produced to surface with no additional hydraulic fracturing
Light, sweet crude oil prices started July 30 trading with a gain on the New York market, but prices had slipped moderately by settlement, which analysts attributed to a strengthening dollar.
MOL Group, Budapest, completed its acquisition from Eni SPA of retail outlets in the Czech Republic and Slovakia.
than 2 years after a parked train carrying Bakken crude rolled downhill and derailed in Lac-Megantic, Que., killing 47 people and injuring many more ( OGJ Online, July 8, 2013 ). Railroad employees who are responsible for securing a train now will
Quantum Energy Inc., Tempe, Ariz., and a joint-venture partner Native Son Holdings LLC (NSH), The Woodlands, Tex., have filed a minor-source air quality construction permit application with the North Dakota Health Department’s division of air quality (DAQ) for construction of the partnership’s ...
Idemitsu Kosan Co. Ltd. as part of the company ’s ongoing strategy to reduce its downstream ..... Shell’s downstream operations. The company , however, has no plans to exit Japan entirely ..... upstream integrated gas business, the company said. Shell’s sale of Japanese refining
The US Bureau of Land Management is seeking public comments on Fidelity Exploration & Production Co.’s proposed oil and gas project 17 miles northwest of Moab, Utah.