BHP Billiton reported strong rates of return in the Eagle Ford shale in South Texas where the Australian firm is aggressively pursuing development, Chief Executive Officer J. ...
DOE said on the loan, which differs from a release, was provided on Aug. 31 under short-term contractual agreements in which MAP would return a similar quantity of crude to the...
Methanex Corp., Vancouver, BC, said it has a primary goal to progressively increase methanol production in Chile with natural gas from suppliers in southern Chile as its Argentina...
QEP Resources Inc., Denver, said its QEP Energy unit signed definitive agreements to acquire from multiple sellers Williston basin development properties for $1.38 billion.
AlbaniaPetromanas Energy Inc., Calgary, has sourced a shallow rig to drill the Juban prospect on Blocks A-B onshore Albania.Following approval of the rig assignment by the government...
Corridor Resources Inc., Halifax, NS, provided further details of its 2012 program with Petrolia Inc., Rimouski, Que., to assess the potential of the Macasty shale on Anticosti...
East West Petroleum Corp., Vancouver, BC, and Lani LLC, private Ventura, Calif., concern, will launch a joint exploratory program in the San Joaquin basin in California.
Preventing construction of the Keystone XL pipeline would not keep Alberta oil sands activity from growing, the president of the Canadian Energy Research Institute said.
Operators were returning to Gulf of Mexico oil and gas platforms and rigs to restore operations following Hurricane Isaac, the US Bureau of Safety and Environmental Enforcement...
The US Bureau of Safety and Environmental Enforcement approved certain limited activities in nonoil-bearing zones by Shell Offshore Co. in the Chukchi Sea offshore Alaska.
China's ability to process large volumes of heavy crude oil from Canada's oil sands is limited. Xingyi Wang, vice-president of China National Petroleum Corp. America Ltd., made...
Midyear 2012 reserves for Costayaco field in the Putumayo basin of Colombia are up sharply since the end of 2011, said Gran Tierra Energy Inc., Calgary.
