20 Feb 2012

Iraq to Increase Oil Supplies to Asian Countries

Digg It Stumble it! Newsvine Del.icio.us Technorati Reddit Facebook Iraq intends to increase oil exports to Asian countries, including South Korea, spokesman for the Iraqi oil ministry Asym Jihad told Trend on Saturday. “At this stage Iraq prefers Asian oil market. The...
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20 Feb 2012

IEC Confirms Gas Deal with Tamar

Digg It Stumble it! Newsvine Del.icio.us Technorati Reddit Facebook Good news for Delek Group Ltd., Isramco Ltd., and Noble Energy Inc.: the Israel Electric Corporation board of directors has confirmed the giant natural gas deal with the Tamar partnerships. According to the...
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20 Feb 2012

CEO: PetroQuest Arrived in ’1st Quarter’ of Shale Boom

Digg It Stumble it! Newsvine Del.icio.us Technorati Reddit Facebook The move away from offshore drilling to inland U.S. shale plays shot up so quickly that the executive team at PetroQuest Energy Inc. once worried whether they were late to the game. The company’s strong...
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20 Feb 2012

BG Has Resources for Export Growth

Digg It Stumble it! Newsvine Del.icio.us Technorati Reddit Facebook UK gas giant BG Group has reported a huge increase in its gas resources in Australia, which it said would provide ample sources of new supply for the expansion of its $16 billion (AUD 15 billion) Queensland...
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20 Feb 2012

Marathon Oil Expects Big Returns from Eagle Ford, Bakken in 2012

Digg It Stumble it! Newsvine Del.icio.us Technorati Reddit Facebook Marathon Oil Corp. will look to the Eagle Ford and Bakken Shales to be major producers in 2012, the company said as part of its fourth quarter and year end 2011 report. In a statement released Feb. 1, Marathon...
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20 Feb 2012

Depressed Prices Force National Fuel to Trim Marcellus Plans

Digg It Stumble it! Newsvine Del.icio.us Technorati Reddit Facebook Citing too low natural gas prices, National Fuel Gas Co.’s exploration and production arm will be dropping a rig from its Marcellus drilling program. David Smith, chairman and CEO of National Fuel, said...
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20 Feb 2012

Subsea7, SeeByte to Show Off AIV at Subsea Conference

Digg It Stumble it! Newsvine Del.icio.us Technorati Reddit Facebook A groundbreaking new vehicle that will enable subsea inspection of remote and challenging locations in the offshore oil and gas industry, including areas under ice and areas damaged by hurricanes, will come under...
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20 Feb 2012

North Sea Islay Production To Start In March

Digg It Stumble it! Newsvine Del.icio.us Technorati Reddit Facebook LONDON (Dow Jones Newswires), Feb. 20, 2012 Total SA (TOT) expects to start production at the Islay gas field in the northern North Sea next month, the head of the French oil major’s Northern Europe...
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20 Feb 2012

WV State Journal: New study bolsters shale gas industry claims about hydraulic fracturing

February 17, 2012 In the News, Newsroom WV State Journal: New study bolsters shale gas industry claims about hydraulic fracturing By Taylor Kuykendall, Reporter Kathryn Klaber, president of the Marcellus Shale Coalition, an industry group, was positive on the findings of the...
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