Oil & Gas Wire News


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` 1 lakh crore diesel & LPG subsidy

May 23, 2013 THE finance ministry on Wednesday agreed to allocate ` 100,000 crore towards diesel and cooking fuel subsidy to reimburse public sector oil companies for loss incurred on the sale of these fuels du...

Cabot Oil & Gas Use Natural Gas to Power Equipment for Hydraulic Fracturing in Northeastern Penn.

May 23, 2013 Cabot Oil & Gas Corp. announced the use of Marcellus Shale natural gas to fracture wells via dual fuel technology.According to a release, this marks the first time "field" gas has been used in ...

SEC awards Siemens SR1bn in contracts

May 23, 2013 Saudi Electricity Co (SEC) has awarded Siemens two contracts valued at around SR1bn, Saudi Gazette has reported. The first contract includes the supply of five SGT6-2000E gas turbines, which will a...

NatureWorks Taps Cromex as Ingeo Distributor in Brazil

May 23, 2013 NatureWorks, a supplier of biopolymers with Ingeo fibers and plastics made from plants, not oil, has named Cromex S.A. as its Ingeo distributor in Brazil.According to a release, Cromex will bring I...

US Government approves $10bn LNG export facility in Texas

May 23, 2013

The US government has given its approval for a $10bn liquefied natural gas (LNG) export facility in Texas, to export LNG to countries which do not have free trade agreement (FTA) with the US.

Noble Energy declares discovery at Karish; Karish has a gross mean of 1.8 trillion cubic feet of gas; the market had expected 2 trillion.

May 23, 2013

Noble Energy Inc. (NYSE: NBL) today announced a natural gas discovery at the Karish prospect in the Alon C license, with a gross mean of 1.8 trillion cubic feet (TCF) of gas.

Noble Energy declares discovery at Karish; Karish has a gross mean of 1.8 trillion cubic feet of gas; the market had expected 2 trillion.

May 23, 2013

Noble Energy Inc. (NYSE: NBL) today announced a natural gas discovery at the Karish prospect in the Alon C license, with a gross mean of 1.8 trillion cubic feet (TCF) of gas.

Eversheds Opens Beijing Office with 2 New Partner Hires

May 23, 2013 Eversheds has announced the launch of its Beijing office, opening on 20 May 2013, with the appointment of two new partners: corporate energy law expert Ingrid Zhu-Clark and corporate lawyer Jay Ze.

Cabot Oil and Gas Uses Marcellus Shale Natural Gas for Fracturing

May 23, 2013 Cabot Oil and Gas Corp. announced the use of Marcellus Shale natural gas to fracture wells via dual fuel technology.In a release, the Company noted that this effort was a partnership with FTS Inter...

Iran crude exports to S. Korea down 44.4% in April

May 23, 2013 South Korea's oil import from Iran have dropped 44.4% year-on-year in April to 4.18 million barrels, Reuters has reported. The country's crude imports from Iran last month rose 4% compared with tha...