More and more business opportunities are arising in Iraq’s southern province of Basrah. Recent months have seen a flurry of contracts signed in the oil, gas, construction and shipping sectors and the area looks set to become an energy and logistics hub.
NA Water Systems is celebrating 100 years in the water treatment industry.
The two companies have announced that they have jointly acquired an extra 42,000 acres of Marcellus Shale to exploit for unconventional shale gas.
ExxonMobil CEO, Rex Tillerson has been awarded the Houston World Affairs Council Citizen of the Year Award.
Algeria has asked fellow GECF members to curb production to alter the prices of gas into an upward curve.
The grounding of several helicopter flights to North Sea oil and gas platforms in the wake of the Iceland volcano has resulted in a focus on marine alternatives.
Endeavour International Corporation has announced that the successful appraisal drilling in the western area of the Cygnus gas field in Block 44/11a has led to increased reserves and prospective resource estimates, and extended the field boundary to the north and west.
ExxonMobil has completed the world’s longest extended reach well drilled from an existing offshore fixed platform drilling rig, increasing the company’s ability to produce more domestic oil supplies from existing facilities at the Santa Ynez unit, offshore southern California.
Solomon Associates shares the four most common mistakes energy companies make in designing a new facility.
Russia intends to invest millions of dollars in the Argentine nuclear industry following talks between President Dmitry Medvedev and the Argentine President Cristina Fernandez.
Riversdale Mining has officially opened its Benga coal project in Mozambique, with an estimated potential to produce 20 million ROM tpa of coal for more than 25 years. The company has also signed a contract with MCC to cover open pit mining for the first stage of the project.
According to a new report by the Geothermal Energy Association, 2009 saw a 26% growth in new projects under development in the US.
Reliance Industries has entered into a joint venture with Atlas Energy Inc. for a 40% stake in Atlas’ Marcellus Shale acreage.
Ontario has been awarding contracts for a massive programme of green energy generation that it predicts will generate up to CAN$ 9 billion in private investment.
Icon Energy has signed a memorandum of understanding to supply China with LNG, the move has sparked a massive increase in the company’s share price.