Energtek Anticipates Increase of NatGas Activities in India
Energtek Inc., a world leader in the development of Adsorbed Natural Gas (ANG) technology, announced that additional Natural Gas (NG) production capacity, plus rebounding oil prices will increase the likelihood of significant revenues for the company’s subsidiary in India. Energtek announced earlier this month, that the company’s subsidiary Moregastech India Private Limited expects to report...
Magellan Energy Ltd. Announces Work Completion on the Thomas Martin Lease
Magellan Energy Ltd. a publicly traded independent oil and gas company, announces that it has completed all preliminary work on the Thomas D. Martin Lease in Morgan County, Tennessee. Citizens Gas has placed a large compressor where its Burrville gathering system ties into a 350 lb. pressure line. Citizens Gas receives its gas supply from the east Tennessee gas pipeline and from various local gas producing...
American Petro-Hunter Views Recent Gains in Oil Prices as Trend Indicator
American Petro-Hunter, Inc. views the recent price increases of crude oil as extremely positive news for both the economy and the Company. Last week, oil prices jumped to almost $58 a barrel thereby extending gains to near six-month highs on investor expectations that the global economic environment is beginning to grow and may begin to rebound before the end of the year. Oil has broken above the...
RAK Petroleum Announces Eagle Energy Acquisition
RAK Petroleum PCL announced that it has purchased Eagle Energy Limited, a wholly-owned subsidiary of UK-based Heritage Oil Limited, for cash consideration of $28 million. Eagle Energy holds a 10 percent interest in Block 8, Sultanate of Oman. The acquisition brings RAK Petroleum’s total shareholding in the block, which the company operates, to 50 percent. RAK Petroleum announced in February 2009...
Cavitation Technologies, Inc. Filed a Patent for Rapid Modification of Crude Oil
Cavitation Technologies, Inc. has filed a patent for rapid modification of crude oil. It is proven that cavitation in fluids provide superior mixing and may significantly accelerate rates of chemical reactions and processes. By applying this concept to oil refining industry the company was able to increase the efficiency of refining crude petroleum to gasoline, kerosene, diesel, jet fuel and other...
Asia-Pacific Surpassed North America As The World’s Primary Oil Consuming Region In 2007
Research and Markets has announced the addition of the “Asia-Pacific Oil & Gas Sectors : A Company and Industry Analysis (August 2008)” report to their offering. This report updates the previous Asia-Pacific oil and gas report, focusing on the markets in Australia, China, India, Indonesia, Japan and South Korea Current Environment – Key Points - Crude oil prices rose 66% from...
Russell Industries Answers the Question, Why Should You Invest in Uranium
Russell Industries, Inc., recently the Company has been asked by the general investor public, “Why should I invest in Uranium”? To follow are a few of the reasons as published in Money Week, October 7, 2007. “Security concerns over global oil supply and fears of global warming have shifted public opinion,” say analysts at Canada’s Haywood Securities, “with nuclear energy becoming an acceptable...
AAA Texas: In Gustav’s Aftermath, Gasoline Prices Remain Steady, Not Likely to Dramatically Increase
Retail gasoline prices in Texas remained steady from Sunday to Monday, increasing just less than 1/2 a penny from $3.522 to $3526. Nationally gas prices remained at $3.67 a gallon. There was no increase nationally from Sunday to Monday. Meanwhile, on international commodities markets, the price of light sweet crude oil, which is refined into gasoline, has dropped. Traders concluded it was unlikely...
LUKOIL, ConocoPhillips’ Yuzhno Khylchuyu Field Production Begins
OAO LUKOIL President Vagit Alekperov and ConocoPhillips Chairman and CEO Jim Mulva today participated in a special ceremony on the occasion of the startup of the Yuzhno Khylchuyu (YK) field located in the Nenets Autonomous District. One of the biggest fields in the north of the Timan Pechora oil and gas province, this field is developed by OOO Naryanmarneftegaz, a LUKOIL and ConocoPhillips joint venture...
Development Forecast Report for Mining and Mineral Extraction Machinery in Russia 2008-2011
Research and Markets has announced the addition of the “Mining and Mineral Extraction Machinery in Russia 2008. Development Forecasts for 2008-2011″ report to their offering. This Mining and mineral extraction machinery in Russia 2008 describes and analyses the Russian market for machinery used in the mining, extraction, processing of and exploration for minerals, metals, coal, oil, gas...
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