Saudi Arabia

Results 1 - 10 of about 79 news for the tag: Saudi Arabia.

Petrolium Oil Alliance Inc. Opens New Offices in Riyadh

November 19th, 2008

Petrolium Oil Alliance Inc. announced it has opened new offices for the company and its U.S. subsidiary PetrOil Inc. formerly CybeRecord, Inc. , at King Fahad Road, Oroba Center Suite 4042, Riyadh, Kingdom of Saudi Arabia, Telephone: +966553020240. The action was taken as a result of a meeting held on November 1, 2008 at the [...]

Out-of-state bidders set global market prices at Ritchie Bros. auction in Las Vegas

November 10th, 2008

Out-of-state bidders from as far away as Russia, Saudi Arabia and Canada purchased US$23 million of equipment from the US$24 million unreserved public auction conducted by Ritchie Bros. Auctioneers (NYSE and TSX: RBA - News News) in Las Vegas, Nevada last week. More than 1,100 heavy equipment items and trucks were sold in the November [...]

Beacon Energy Corporation Opens Negotiations for Property with Coal Mining Rights

November 6th, 2008

Beacon Energy Corporation a wholly owned subsidiary of Beacon Redevelopment Industrial Corporation announced today that it has entered negotiations to acquire a 950 acre track of property with coal mining rights/reserves in Pennsylvania.
The company is very confident that current negotiations will result in the successful execution of a purchase agreement immediately with a closing to [...]

vMonitor Announces Aggressive Growth Strategy and Hiring of L J Guillotte as President and CEO

October 30th, 2008

vMonitor, Inc. announces early results of its Aggressive Growth Strategy in oil and gas wireless automation and field optimization solutions.
vMonitor Director Tom Bates, former Managing Director at Lime Rock Partners and former CEO of Weatherford Interra, describes the Company’s strategy as follows: “vMonitor has succeeded in developing the broadest, most comprehensive of wireless oil and [...]

Recent Election Strengthens Democracy of Oil Rich Angola

October 13th, 2008

The world witnessed a step towards a fundamental element of peace, stability and socio-economic development when Angolan citizens voted during the legislative poll held September 5, 2008. An Australian professional mining company CityView Corporation is rewarded for its foresight and now revels in a most enviable position.
Oil is the backbone of Angola’s economy and they [...]

Arabian American Development Announces Update on Impact of Hurricane Ike

September 19th, 2008

Arabian American Development Co. provided an update on the effects of Hurricane Ike to its operations. The Company announced that it had sustained no material damage from the hurricane winds or flooding, power has been restored and it has restarted the manufacturing process effective September 17, 2008 at its South Hampton Resource facility. South [...]

Devon Energy Obtains Approval for Second Jackfish Oil Sands Production Project

September 9th, 2008

Devon Energy Corporation announced today that it has received regulatory approval for the company’s second oil sands project in Canada. Construction of the 100 percent Devon-owned Jackfish 2 project will begin immediately.
Once fully operational in 2012, Jackfish 2 will produce about 35,000 barrels of oil per day through a recovery method known as Steam Assisted [...]

Wits Basin Executes $45 Million Letter of Intent with London Mining

August 22nd, 2008

Wits Basin Precious Minerals Inc. announced that London Mining Plc, a leading international mining and development company for the steel industry, has agreed in principle, subject to due diligence and finalization of definitive documentation, to become a 50/50 joint venture partner for the Company’s iron ore project located near Maanshan, Anhui Province in the People’s [...]

Mustang Builds Project Development Team

August 5th, 2008

The Board of Directors of Mustang Minerals Corp. is pleased to announce the appointment of Ian Ward P.Eng as Senior Vice President of Mustang. Mr. Ward’s primary role, commencing in September 2008 will be to oversee the completion of a positive feasibility study for the Maskwa Nickel Project located near Lac du Bonnet Manitoba, and [...]

TITANIUM 2008 Provides Global Insights From a World Perspective

August 1st, 2008

TITANIUM 2008 is the 24th annual conference and exhibition hosted and organized by Colorado based International Titanium Association (ITA). The conference will be held at Caesars Palace in Las Vegas, Nevada, US, September 21-24th.
The mission for TITANIUM 2008 will be to provide global insights on the state of the titanium industry from a world perspective. [...]