Miller Energy Resources Inc., Knoxville, Tenn., has signed a nonbinding letter of intent to buy Alaskan operating assets of Buccaneer Energy for $40-50 million.
OGJ Online, Apr. 21, 2014 ). The company said a second tanker is being loaded for ..... million bbl. “Gazprom Neft is the first company to extract oil on Russia’s Arctic shelf ..... said Alexander Dyukov, chairman of the company ’s management board. He said the production
Global energy demand is expected to increase 35% to 2040, translating to 120 billion boe/year, or nearly 350 million boe/d, stated Rocky Becker, vice-president, Europe-Caspian-Russia at ExxonMobil Exploration Co.
Oil futures prices dropped on the New York and London markets on Sept. 12, ending a volatile week in which traders reacted to reduced oil demand forecasts from three groups and to another round of US sanctions against Russia.
and will involve over 2,000 workers working 24 hr/day, 7 days a week, for the duration of the maintenance period, the company said on Sept. 15. “Our fall turnaround pushes our total sustaining refinery capital investments to over $200 million (Can
Woodfibre LNG Ltd. , a subsidiary of energy resources development company Pacific Oil & Gas, let The Linde Group a contract to provide engineering and procurement services for its 2.1-million tonne
6% of US emissions of GHGs from transportation and less than 2% of all US emissions. Modern commerce requires movement of people in airplanes that burn liquid hydrocarbons. The only way EPA, in misguided concert with ICAO, can lower GHGs from aviation
Naveen Patnaik, Odisha’s chief minister. The purpose of the meeting was to seek the cooperation of Odisha’s state government in facilitating land acquisition, environmental clearances, and other necessary statutory approvals to ensure the smooth
said expansion is expected to provide environmental, cost-saving, and logistics solutions for the company ’s Bakken operations. The company anticipates commercial expansion will increase its flare gas capture to 3-5 MMcfd by yearend
of 50% acceptance. It is the Chinese company ’s first entry into the oil and gas ..... opportunities for growth, they said. The company ’s asset portfolio largely consists of ..... the Allan Gray Group with 20% of the company , has also accepted the Fosun offer.