AUSTIN, Texas -- The Texas average rig count as of Aug. 15, was 899, representing about 49% of all active land rigs in the U.S. In the last 12 months, total Texas reported production was 802 MMbbl of oil and 7.9 Tcf of natural gas.
...
O'NielPetroserve Site
O'NielPetroserve is a leader in the of Nigerian Bonny Light Crude Oil (BLCO) sales market. As a privately held company, O'Neil Petroserve is committed to and is focused on delivering reliable services to all her clients. O'NielPetroserve is determined to continue to grow in the energy sector and to become one of the recognized leaders in the Nigerian oil and gas industry.
Simplifying Nigerian Bonny Light Crude Oil Buying, BLCO With O'Niel Petroserve
O'Neil Petroserve has an excellent track record of reliability in the supply of Bonny light crude oil, BLCO. We protect our buyers with 2% Performance Bond while we also expect protection from our customers with bank instrument from the world's top banks. We deliver on TTO, TTT, CIF and FOB basis.
If you wish to purchase Bonny Light Crude Oil from a reliable seller, contact us and we commence the buyer friendly procedure to enable this.
Friday, 29 August 2014
PetroChina vows catch up with Sinopec starting with shale
HONG KONG (Bloomberg) -- PetroChina Co. plans to move out of the big shadow cast by its smaller rival. PetroChina, the country’s largest oil and natural gas producer, aims to catch up with main competitor China Petroleum & Chemical Corp., or Sinopec, in the production of shale gas, according to PetroChina President Wang Dongjin. “We are about a year and a half behind Sinopec in shale gas exploration because we concentrated our resources on the Longwangmiao natural gas project in Sichuan,” Wang said at a press conference in Hong Kong Aug. 28 after the company posted a 4% increase in first-half profit.
...
Thursday, 28 August 2014
YPF, Petronas ink $550 million JV to develop Vaca Muerta
KUALA LUMPUR, Malaysia (Bloomberg) -- YPF SA and Petroliam Nasional Bhd., state-controlled companies from Argentina and Malaysia, signed a $550 million accord to develop shale oil at the world’s fourth-largest deposit in Vaca Muerta. Miguel Galuccio and Shamsul Azhar Abbas, CEOs for YPF and Petronas, respectively, signed a deal to develop a 187-sq-km area (72 sq miles) at Petronas’s Kuala Lumpur headquarters Aug. 28, the Buenos Aires-based producer said in an emailed statement.
...
Tullow announces results of Kenya drilling, testing program
LONDON -- Tullow Oil has announced the results from a series of exploration, appraisal and testing activities conducted in Blocks 10BB and 13T onshore Kenya. The Etom-1 exploration well in Block 13T is the most northerly well drilled to date in the South Lokichar basin, 6.5 km north of the previous Agete-1 discovery.
...
Kurds recapture Iraq oil fields, advance on rebel-held towns
MOSUL, Iraq (Bloomberg) -- Kurdish and Iraqi forces recaptured two oil fields and mounted an offensive to retake the town of Zummar, part of a broader bid to recover vast areas of the country’s north lost to Islamic State fighters. Kurdish fighters, known as Peshmerga, retook Ain Zala and Batma oil fields in northern Iraq, Hisham al-Brefkani, head of the energy committee of Nineveh provincial council, said by phone Aug. 28. Islamic State militants set fire to a crude oil storage tank as they tried to halt the advance, al-Brefkani said, denying earlier reports that two oil wells were set on fire. Kurdish forces also took control of several villages around Zummar, he said.
...
Subscribe to:
Posts
(
Atom
)
 |
 |
 |
 |
 |
 |
