Oil and Gas

News & articles about Oil and Gas from Mining Top News

GE Oil & Gas’ PII Pipeline Solutions Expands Staff and Engineering Services in Calgary for Canadian Operators

October 1st, 2008
GE Oil & Gas’ PII Pipeline Solutions Expands Staff and Engineering Services in Calgary for Canadian Operators

GE Oil & Gas has expanded its PII Pipeline Solutions technical staff and engineering analysis services in Calgary on behalf of Canadian pipeline operators.
GE increased its pipeline data analysis department by 17 people in 2008 and its integrity engineering department to nine, full-time desk engineers, including a data software engineer to enable the newly enhanced [...]

Bancroft to Diversify Into Energy Market With Planned Acquisition of Oil and Gas Projects

September 30th, 2008
Bancroft to Diversify Into Energy Market With Planned Acquisition of Oil and Gas Projects

Bancroft Uranium Inc. announced its plans to move forward with a strategic portfolio diversification including the planned acquisition of new and exciting opportunities within conventional sectors of the energy market.
Further to this aim, Bancroft is currently finalizing terms towards the acquisition of several Canadian oil and gas plays that Management finds of significant interest. The [...]

Global Industries, Ltd. Awarded US$75 Million Pipeline Project in Pemex’s Bay of Campeche Ixtal Field

September 30th, 2008
Global Industries, Ltd. Awarded US$75 Million Pipeline Project in Pemex’s Bay of Campeche Ixtal Field

Global Industries, Ltd. announced that it has been awarded a project from Petroleos Mexicanos (Pemex) for pipeline work in Pemex’s Ixtal Field in the Bay of Campeche.
The project, worth approximately US$75 million, is scheduled to begin in October and be completed by the end of January, 2009. Global will be utilizing the Shawnee as the [...]

Imperial’s Sarnia refinery to reduce SO2 emissions by more than 50 percent

September 29th, 2008
Imperial’s Sarnia refinery to reduce SO2 emissions by more than 50 percent

Imperial Oil announced it will construct a Tail Gas Clean-Up unit at its Sarnia refinery to increase sulphur product recovery and reduce the site’s SO2 emissions. The unit will involve an investment of over $100-million and is expected to take approximately 16 months to build.
The new Tail Gas Clean-Up unit uses ExxonMobil Flexsorb(R) technology, a [...]

Delta Petroleum Corporation Announces Joint Venture and Additional Leasehold Acquisition in Columbia River Basin

September 29th, 2008
Delta Petroleum Corporation Announces Joint Venture and Additional Leasehold Acquisition in Columbia River Basin

Delta Petroleum Corporation, an independent oil and gas exploration and development company, announced that it has signed agreements for two separate transactions in the Columbia River Basin of Washington and Oregon. The first is a transaction with EnCana USA, Inc., through which Delta has acquired all of EnCana’s net leasehold position and interest in wells [...]

Ameriwest Energy Signs Agreements to Proceed With Drilling at Ameriwest Fee #1 Well

September 29th, 2008
Ameriwest Energy Signs Agreements to Proceed With Drilling at Ameriwest Fee #1 Well

Ameriwest Energy Corp. announce that it has finalized requisite drill site agreements towards the spud of the Ameriwest Fee #1 well.
The Company has executed a Surface Use Agreement with the private land owners, thereby clearing the way for immediate construction of a roadbed, and for the proposed future installation of electrical lines, water sources and [...]

IPS Lands Barcelona Regasification Contract

September 29th, 2008
IPS Lands Barcelona Regasification Contract

Invensys Process Systems (IPS), a global technology, software and consulting firm, announced that it has won a major contract to upgrade control and automation systems at a liquefied natural gas (LNG) terminal and regasification plant near Barcelona, Spain.
The site, at Barcelona Terminal, is one of three such facilities run by Enagas, Spain’s leading natural gas [...]

Northwest Pipeline and Transco Announce Expiration of Exchange Offers

September 27th, 2008
Northwest Pipeline and Transco Announce Expiration of Exchange Offers

Northwest Pipeline GP, a majority owned subsidiary of Williams, and Transcontinental Gas Pipe Line Corp., a wholly owned subsidiary of Williams, today announced the expiration of exchange offers for certain of their outstanding notes at 5 p.m. EDT.
Northwest announced that 100 percent of its privately placed outstanding 6.05-percent senior notes due 2018 were tendered and [...]

Creston Resources Ltd. Announces the Third Straight Quarter of Increased Average Daily Crude Oil Production

September 26th, 2008
Creston Resources Ltd. Announces the Third Straight Quarter of Increased Average Daily Crude Oil Production

The President of Creston, Mr. Brian R. Jones report, “At the end of 2nd quarter 2008, average daily field crude oil production was up from the 1st quarter average daily field crude oil production. This five percent increase in production along with the higher international crude oil price gave Creston Resources Ltd. an increase in [...]

Stealth Shale Gas Operations Update: Hitting Budget and Production Targets

September 26th, 2008
Stealth Shale Gas Operations Update: Hitting Budget and Production Targets

Stealth Ventures Ltd. announce that its production is rapidly growing beyond its second quarter average of 236 BOE/D, primarily due to tie-in operations on its current 70 well program at Wildmere, Alberta. Since the inception of the play in early 2006 Stealth has progressed from a conceptual technology play to a commercial producing asset, and [...]