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Last updated on April 19, 2014 at 9:20 EDT

Latest Energy and the environment Stories

2014-02-05 16:23:36

LAFAYETTE, La., Feb. 5, 2014 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) announced today that the Company ended 2013 with a Company record 302 Bcfe of estimated proved oil and gas reserves having a pre-tax discounted value ("PV-10") including hedges of approximately $479 million. Estimated proved reserves and PV-10 at December 31, 2013 were 33% and 99% higher, respectively, than year-end 2012. The Company's estimated proved reserves at December 31, 2013 were comprised of 84%...

2013-08-28 08:23:00

HOUSTON, Aug. 28, 2013 /PRNewswire/ -- Dune Energy, Inc. (OTCBB: DUNR) today reported mid-year 2013 proved oil and gas reserves of 7,570 MMbo and 53.8 Bcf of gas or 16,545 Mboe. Oil volumes increased 985 Mbo or 15% and gas volumes increased 3.2 Bcf or 6% over year-end 2012 reported reserves. The majority of these increases were associated with the recently completed drilling program in our Leeville field in Lafourche Parish, Louisiana. PV@10% value of these reserves, as...

2013-06-04 08:23:31

Ernst & Young's 6th annual US oil and gas reserves study reveals oil and gas producers boosted 2012 capital expenditures and production despite lower profits HOUSTON, June 4, 2013 /PRNewswire/ -- US oil and gas producers significantly increased exploration, development and acquisition spending in 2012 despite a 58% decline in after-tax profits that was largely driven by low natural gas prices, according to Ernst & Young's US oil and gas reserves study. The study analyzes US...

2013-04-04 08:22:07

HOUSTON, April 3, 2013 /PRNewswire/ -- Harvest Natural Resources, Inc. (NYSE: HNR) (the "Company") today provided an operational update for its 32-percent-owned Venezuelan affiliate, Petrodelta, S.A. (Petrodelta) as well an update on Harvest's international exploration activity, reserves and corporate and financial reporting matters. VENEZUELA Total proved plus probable reserves on December 31, 2012, net to Harvest's 32 percent share of Petrodelta, were 100.23 million barrels of oil...

2012-12-06 08:22:39

LONDON, Dec. 6, 2012 /PRNewswire/ -- As a result of growth in Asia-Pacific gas reserves, investments in Canada's oil sands and the dramatic increase of US shale reserves, worldwide oil and gas reserves increased in 2011. Worldwide oil reserves grew by 1% in 2011, while gas reserves rose by 4%. Oil and gas revenues experienced 27% growth in 2011. Underpinning this growth was an increase in combined exploration and development spending of 19% in 2011 to US$384b,...

2012-07-22 22:20:09

GRENOBLE, France, July 23, 2012 /PRNewswire/ -- McPhy Energy, a leading developer and manufacturer of solid state hydrogen storage, today announced that the Company as part of a consortium of 7 partners has successfully kicked off the INGRID project, a major R&D and demonstration project with an overall budget of 23.9M Euros. The project will be granted with a financial contribution of 13.8M Euro by the European Commission within the Seventh Framework Programme for European...

Fine Line For Hydrogen Release From Storage Materials Revealed
2012-07-17 09:00:46

UC Santa Barbara scientists calculate microscopic reaction mechanisms in promising energy storage material aluminum hydride — and challenge outdated reaction curve interpretations Hydrogen, the simplest and most abundant element on Earth, is a promising energy carrier for emerging clean energy technology. Hydrogen is the energy carrier that powers fuel cells in electric cars, and can be used to store energy generated by renewable sources at times of low demand. A major challenge...

2012-06-14 02:21:50

GUELPH, Ontario, June 14, 2012 /PRNewswire/ -- W2 Energy, Inc. (OTC: WTWO) is pleased to announce that it has purchased patent applications 10/785234 and 12/9605 from Thomas W. Oakes, PhD, CEO of Solar Hydrogen Energy Company. These two patent applications represent significant technological achievements in the production of hydrogen from renewable sources. The central technology uses water-filled glass containers to concentrate the power of the sun while acting as a source for the water,...

2012-06-06 10:20:20

LEHIGH VALLEY, Pa., June 6, 2012 /PRNewswire/ -- Air Products' (NYSE: APD) hydrogen fueling technology is the exclusive fueling supplier for the ride-n-drive events at the World Hydrogen Energy Conference 2012 being held this week (June 3-7) in Toronto, Ontario, Canada. Air Products is providing its mobile hydrogen fueling technology to fuel the hydrogen fuel cell vehicles of several automobile manufacturers participating in the media and public ride-n-drive opportunities held in the Yonge...

2012-05-29 22:20:10

GRENOBLE, France, May 30, 2012 /PRNewswire/ -- McPhy Energy S.A, a French based leading supplier of solid state hydrogen storage today announces the appointment of Roland Kaeppner as CEO for McPhy Energy Deutschland GmbH, effective August 1st. (Photo: http://photos.prnewswire.com/prnh/20120530/535594 ) Roland Kaeppner joins McPhy from his position as Vice President and Head of Siemens Hydrogen Solutions. He has deep roots in the electrochemical and industry...