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Latest heavy oil Stories

2011-07-25 08:25:00

CALGARY, July 25, 2011 /PRNewswire/ - Gravis Oil Corporation., (the "Company" or "Gravis"), (OTCBB:GRAVF) which holds a major position in the western Missouri heavy oil development play, completed the drilling of a new development pattern at its Grassy Creek operations at the end of April 2011. The Company's development strategy incorporates the use of modern technologies to increase cost effective production by minimizing lifting costs and improving recoverable reserves per net acre....

2011-06-15 07:04:00

Focus on execution remains key priority CALGARY, June 15, 2011 /PRNewswire/ - David Dyck, President and Chief Operating Officer of Ivanhoe Energy Inc. (TSX: IE, NASDAQ: IVAN), today issued an operational update on the company's major initiatives and outlined the company's priorities to advance domestic and international projects toward production. "Ivanhoe Energy is well positioned to take advantage of current economic conditions and continue to advance the development of our...

2011-05-05 07:00:00

Tests demonstrate wide operating range of Ivanhoe Energy's HTL(TM) (Heavy-to-Light) technology CALGARY, May 5 /PRNewswire/ - David Dyck, President and Chief Operating Officer of Ivanhoe Energy Inc. (TSX: IE) (NASDAQ: IVAN) and Dr. Michael Silverman, Executive Vice President and Chief Technology Officer today announced that heavy crude oil extracted from Ivanhoe's IP-5B well in the Pungarayacu field in Block 20 in Ecuador has been successfully upgraded to local pipeline...

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2011-04-04 10:51:33

At least 300 penguins have died in the south Atlantic after a cargo ship leaked thousands of tons of heavy oil, diesel fuel and soya bean near Nightingale Island, a British territory part of the Tristan da Cunha archipelago. "I've seen about 15 to 20 dead penguins just today. The danger now is getting the rest of these penguins past that oil slick," director Trevor Glass told CNN. Local officials and conservationists claim that thousands more are covered in the ships' oil and diesel fuel. A...

2010-06-16 06:00:00

Cusip: # 585168 107 CALGARY, June 16 /PRNewswire-FirstCall/ - MegaWest Energy Corp., (the "Company" or "MegaWest") (OTCBB:MGWSF), an independent oil and gas company specializing in non-conventional oil and gas projects with a focus on North American heavy oil, is pleased to announce that GLJ Petroleum Consultants ("GLJ"), an independent petroleum consulting firm, has confirmed and updated prior estimates of volumes and has completed a net present value (NPV) cash flow evaluation report of...

2009-09-18 07:00:00

XI'AN, China, Sept. 18 /PRNewswire-Asia-FirstCall/ -- China Bio Energy Holding Group Co. Ltd. (Nasdaq: CBEH) (the "Company"), a leading integrated bio-diesel producer & distributor, wholesale distributor and processor of heavy oil and finished oil products, and operator of retail gas stations in China, today announced that the Company changed its name from "China Bio Energy Holding Group Co. Ltd." to "China Integrated Energy, Inc., " effective September 18, 2009, to more accurately...

2009-08-11 08:09:00

XI'AN, China, Aug. 11 /PRNewswire-Asia-FirstCall/ -- China Bio Energy Holding Group Co. Ltd. (Nasdaq: CBEH) (the "Company"), a leading integrated bio-diesel producer and distributor, wholesale distributor and processor of heavy oil and finished oil products, and operator of retail gas stations in China, today announced the Company's financial results for the second quarter 2009. SUMMARY FINANCIALS Second Quarter 2009 Results Q2 2009 Q2...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'