Shares of SDX Energy Inc. [SDX - TSXV, AIM] advanced Thursday April 12 after the North Africa - focused oil and
gas company said a gas discovery has been made at its Ibn Yunus - IX... Read more»
Insiders at oil and
gas companies say they worry proxy access could eventually lead to climate activists opposed to oil drilling voted on to company boards.
The oil and
gas company said the name change represents its strategy as a wide - ranging energy company, rather than an oil and gas supermajor.
That's pretty much what six of Europe's biggest oil and
gas companies said in a joint letter sent in May to Christiana Figueres, the United Nations» top climate bureaucrat.
Not exact matches
Kirkland
said it's important to keep moving the project ahead so that the
company can «deal knowledgeably» with potential buyers of the
gas.
KUALA LUMPUR, April 24 - Malaysian state - owned oil
company Petroliam Nasional Berhad, better known as Petronas, on Tuesday
said it had delivered its first liquefied natural
gas cargo to South Korea's No. 3 refiner S - Oil Corp..
Woodside Petroleum has deferred a final decision on expansion of its Pluto
gas project, but the
company's chief executive Don Voelte has still talked up its development record,
saying it was five years ahead of industry rival Chevron.
The facts: This 10 - year investment by Exxon, which focuses on 11 natural
gas projects, began in 2013 and is expected to continue through 2022, the
company said.
The explosion came after a test as World View was «in the process of releasing
gas from the balloon,» the
company said.
April 27 - A proposed C $ 40 billion liquefied natural
gas export terminal on British Columbia's coast edged closer to reality on Friday, as the
company behind the project
said it had chosen a contractor to lead project construction once financing is in place.
Drilling
companies will use hydraulic fracturing, or fracking, to recover the
gas from the Mancos Shale, Ludlam
said.
HANOI, April 26 - PetroVietnam Power Corp, or PV Power, has been granted government approval to build two
gas - fired power plants in southern Vietnam at a total cost of nearly $ 1.5 billion, its parent
company said on Thursday.
«The business model of an oil and
gas company in the future is going to have to be built around the abundance model, where your returns are not going to be made by commodity price increases,»
says Munro.
While E&P and service
companies benefit from rising prices, the same can't always be
said for «downstream» businesses (think refiners and
gas station operators) or «midstream» firms that transport oil.
Oil and
gas companies need to prove to investors that they can shift to a low - carbon energy mix, while remaining profitable,
says Bill Hafker.
A spokesman for LNG Canada, a proposed export facility near Kitimat that includes Shell Canada, Korea
Gas, Mitsubishi and PetroChina,
said the
company doesn't plan to make a decision until 2015 or later.
«Every now and then there's a
company that chooses to stop talking to you, but those are few and far between,»
says Rafi Khouri, an international oil and
gas analyst at Raymond James.
Despite a rapid growth approach to new markets, Sim
says that the
company made a strategic decision to defer entry into more challenging markets, such as China, where many domestic oil - and -
gas firms already use similar software programs.
Shares in Perth explorer Empire Oil &
Gas have surged after the company said it would buy ERM Power's Western Australian gas assets for $ 16.3 milli
Gas have surged after the
company said it would buy ERM Power's Western Australian
gas assets for $ 16.3 milli
gas assets for $ 16.3 million.
Unlike Alberta, where major oil and
gas firms are based right in Calgary, the managers of the Colorado drilling
companies he approached all
said that their Houston - based head offices called the shots.
«As the oil and
gas industry becomes mature there,
companies are going to have to have a bunch of sub-sea systems that will have to be monitored,»
said Dean Richter, a retired navy submarine captain and director of development for maritime transportation systems for New Jersey - based QinetiQ North America.
Perth - based Carnarvon Petroleum
says it will invest about $ 10 million to acquire 3D and 2D seismic data, which will allow the
company to expand its search for oil and
gas at its Phoenix project off the Pilbara coast.
ExxonMobil (xom) has evacuated non-essential staff working in the highlands of Papua New Guinea due to unrest in the area, but operations are continuing at its PNG LNG liquefied natural
gas project, the
company said on Thursday.
Lakkotrypis
said U.S. firm Noble Energy and partners Shell and Delek will sit the group of
companies to figure out how much
gas from...
«After substantially improving their cost structures through 2015 and 2016, North American exploration and production (E&P)
companies will demonstrate meaningful capital efficiency to the extent the West Texas Intermediate (WTI) oil price is above $ 50 per barrel and the Henry Hub natural
gas price is at least $ 3.00 per MMBtu,» Moody's
said.
Dinesh Kumar Sarraf, chairman and MD of ONGC,
says the deal rational was to create an integrated
company in the oil and
gas space.
Natural
Gas Development Minister Rich Coleman
said the
company now needs to find ways reduce costs so the project will be approved by its board of directors.
Perth - based oil and
gas junior Pura Vida Energy
says today's completion of a farm - out agreement covering its assets off the coast of Morocco is a
company - changing event that removes the risk of exploring the project.
The
company also
said the LNG Canada liquefied natural
gas export project was looking positive following news the
company had selected a contractor to lead construction.
It's going to cost her $ 3,200 to get a lab to test for all the acids, detergents and poisons that
companies say they use for fracking — or hydraulic fracturing — to break up underground shale and remove oil and natural
gas.
NEW YORK, April 1 - FirstEnergy Corp
said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the
company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural
gas.
Wilmot
says he has confidence in the
gas companies, and if anything he believes the state regulators are too tough.
Oil and
gas companies in some states haven't been compelled to
say what's in their brew, so some don't.
Williams's real estate development
company in Baton Rouge had been «body - slammed,» he
says, when an oil - and
gas - price crash rocked the Louisiana economy.
As of August 2011, oil and
gas companies still
said there had never been a documented case of drinking water contaminated by fracking.
The
company which scans the sea floor for oil and
gas deposits
said it now expected full - year revenue to be in the range of $ 870 - 910 million, up from its previous forecast from Aug. 2 for $ 810 - 870 million.
A provision of Tillerson's ethics agreement
says that he must give up any undistributed assets in the trust if he becomes employed by or provides services to «a
company in the oil and
gas industry or the oil and
gas services industry.»
The Russian
company said the move would not affect the Sakhalin - 1 oil and
gas production - sharing JV struck in the mid-1990s.
No
gas service was interrupted, the
companies said, and the interruption of customer transactions was merely a precaution.
He also
says the
company is sitting on a lot of acreage in emerging
gas fields, and its investment - grade credit rating of BBB + means it's a low - risk play.
MMA Offshore chairman Andrew Edwards has defended the timing of the
company's recent $ 97 million capital raising at its annual meeting today,
saying the oil and
gas firm needed a solution to its debt problems.
Moreover, Moody's
said the ranks of the lowest level of junk bond issuers are growing, with an 8 percent quarterly increase and 27 percent growth annually, thanks in large part to weakness in oil and
gas companies.
Rosenstein
says that the
company's average oil and
gas production over three years has a significant impact on management's long - term incentive pay, which makes up the largest part of its compensation.
Binns
said potential buyers could include small airlines or other firms that ship cargo to remote areas for oil,
gas or mining
companies, or those
companies themselves.
Laut
said the
company will support TransCanada Corp.'s planned expansions of its Alberta and B.C.
gas gathering pipeline system in hopes that better market access will lead to higher prices.
The 750 - megawatt
gas - fired power plant will be built in the central province of Quang Ngai, the
company said in a statement, without providing the cost and time frame for building the facility.
HANOI, April 26 (Reuters)- PetroVietnam Power Corp, or PV Power, has been granted government approval to build two
gas - fired electricity plants in southern Vietnam at a total cost of nearly $ 1.5 billion, its parent
company said on Thursday.
MILAN (AP)-- Italian
gas and oil
company Eni
says first - quarter profits dropped slightly as production grew by 4 percent amid rising oil prices.
«Innovation's a big part of our whole corporate culture and part of what helps differentiate us,»
says Carlson, pointing out that oil and
gas companies can be risk - averse and sometimes late to exploit opportunities presented by technical advances.
April 27 A proposed C$ 40 billion ($ 31.1 billion) liquefied natural
gas export terminal on British Columbia's coast edged closer to reality on Friday, as the
company behind the project
said it had chosen a contractor to lead project construction once financing is in place.