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General Interest

  1. Taipan increases resource estimate for Block 1 in Kenya

    Online Articles

    Tue, 21 Oct 2014

    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

  2. Indian cabinet committee approves natural gas pricing policy

    Online Articles

    Tue, 21 Oct 2014

    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

  3. De Margerie killed in Moscow plane crash

    Online Articles

    Tue, 21 Oct 2014

    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.

  4. Ashar named Cairn India managing director, CEO

    Online Articles

    Tue, 21 Oct 2014

    Cairn India Ltd. has appointed Mayank Ashar as managing director and chief executive officer, effective Nov. 17.

  5. MARKET WATCH: NYMEX crude oil price falls slightly

    Online Articles

    Tue, 21 Oct 2014

    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.

  6. Mexico upstream bidding to start with shallow-water assets

    Online Articles

    Mon, 20 Oct 2014

    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

  7. GAO sees differing crude, product price impacts with more exports

    Online Articles

    Mon, 20 Oct 2014

    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

  8. SinoCoking starts syngas plant in China

    Online Articles

    Mon, 20 Oct 2014

    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

  9. ADMA-OPCO, BP sign EOR agreement

    Online Articles

    Mon, 20 Oct 2014

    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

  10. MARKET WATCH: Crude oil futures end week slightly higher

    Online Articles

    Mon, 20 Oct 2014

    Crude oil futures prices in New York ended the week slightly higher, but still remained below $83/bbl.

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