crude oil producer

2 news results for the tag: crude oil producer.

Rolland Energy to sell Technology Division for $1.4 million

April 27th, 2007

Looking to focus on its oil and gas operations, Rolland Energy Inc. is to sell its Technology Division Assets for $1.4 million cash to a private Canadian corporation (the “Purchaser”). In addition, the Purchaser is to assume and takeover all the existing client, supplier and employment contracts of the Technology Division, including any obligations associated [...]

China reins in fast growth of coal-to-liquid fuel projects

July 30th, 2006

China has raised the capital threshold for projects converting coal to liquid fuel to brake a possible overheating in the coal-chemical industry, as excessive development of the fossil fuel pollutes the environment and strains the water supply.
On July 7, the National Development and Reform Commission (NDRC), China’s industrial watchdog, issued a circular requiring local governments [...]