OAO Rosneft and ExxonMobil Corp. filed joint bids to participate in the fifth licensing round organized by Mozambique’s Institute of National Petroleum.
will purchase one third of the voting rights of Showa Shell Sekiyu, Tokyo, from subsidiaries of Royal Dutch Shell PLC . The company said it has conducted merger discussions with Showa Shell and “would like to advance these merger discussions even further
quarter Utica shale production in Ohio accounted for 97% of its overall net production compared with 79% a year earlier. The company ’s net production in the Utica shale was 457.6 MMcfd of natural gas equivalent. Its companywide production of 473.9
The price for light, sweet crude oil for September delivery rose modestly on the New York market July 29 after a weekly US Energy Information Administration showed an estimated decline in crude oil supplies.
The Texas Petro Index (TPI) for June indicates that crude oil and natural gas production and jobs estimates in the Lone Star State increased from May despite the unfavorable economic climate.
Chayandinskoye field, which together with the company ’s other reserves in East Siberia, forms one ..... Pererabotka, in a June publication to company investors. Gazprom—which announced ..... change of status to a public joint-stock company as of July 17—established GPB as a special
offshore Sabah, and is to produce 1.5 million tonnes/year of LNG. It is to be ready for start-up by early 2018, the company said. This recent contract also involves modification and tie-in works at KAKG-A and the procurement and installation
nonbinding takeover proposal from South African company Glendal Power & Industries. The proposal ..... Aus.) which is a 50% premium to the company ’s recent trading price. The proposal ..... shares. Glendal is a South African power company involved with southern African coal
The early-2014 rupture of a natural gas pipeline south of Winnipeg, Man., resulted from a fracture at a crack that formed in the pipe wall during construction but remained stable more than 50 years, according to the Transportation Safety Board of Canada.
delivery rose modestly July 28 but still settled just below $48/bbl on the New York market as analysts awaited the US weekly government report on crude oil and product supplies. Commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve