Latest oil Stories
HOUSTON, Jan. 28, 2013 /PRNewswire/ -- Topping the list of the big oil and gas stories in 2012 was the dramatic surge is US oil production. In 2013, the US will remain the largest source of new oil growth worldwide aided by the shale boom, but surpassing Saudi Arabia as the globe's top oil producer by 2020 will be a challenge. The big turnaround of US oil production brought by new light tight oil developments was fully recognized in 2012, putting to rest the long-held notion that...
DENVER, Jan. 28, 2013 /PRNewswire/ -- Antero Resources announced today that proved reserves at December 31, 2012 were 4.9 Tcfe, a 73% increase compared to reserves at December 31, 2011, pro forma for the 2012 divestment of Antero's Arkoma Basin and Piceance Basin properties. Proved, probable and possible reserves (3P) increased by 94% to 26.1 Tcfe. The 3P reserves were comprised of 21.2 Tcfe in the Marcellus Shale and 5.0 Tcfe in the Utica Shale. Including ethane and other...
Just in time for Valentine’s Day, The Olive Oil Source Boutique today announced four new gift boxed sets of extra virgin olive oils or balsamic vinegar designed specifically for romantics of all ages that want to send a healthy message of love to friends and family. The new gift boxed sets are available on their Boutique website (http://boutique.oliveoilsource.com/browse/for-the-palate/426) where consumers can select from two unique combinations of high quality, healthy olive oils or...
[Watch ABC News Video: Food Fraud] Lawrence LeBlond for redOrbit.com - Your Universe Online As consumers, we often rely on what we read on labels as to what’s inside. When it comes to most food, we really have no choice but to rely on what the label is telling us. But it could be very likely that we are being deceived. Experts, working for the US Pharmacopeial Convention (USP), have discovered rising numbers of fake ingredients in products such as seafood, olive oil, spices, honey,...
FRISCO, Texas, Jan. 22, 2013 /PRNewswire/ -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE:CRK) announced today that its proved oil and natural gas reserves as of December 31, 2012 were estimated at 39 million barrels of crude oil and 477 billion cubic feet ("Bcf") of natural gas or 712 billion cubic feet of natural gas equivalent ("Bcfe") as compared to total proved reserves as of December 31, 2011 of 1,311 Bcfe. The Company's proved oil reserves increased 22% in 2012...
LONDON, January 22, 2013 /PRNewswire/ -- Oil prices have been range bound over the last two years and the trend is likely to continue in 2013. In this current environment, our commodities analysts have prepared and posted technical reports on Chevron Corporation (NYSE: CVX) and Exxon Mobil Corporation (NYSE: XOM). These free reports can be accessed at http://www.stockcall.com/registration Oil Remains Moderately Bearish Although there has been an increase...
CALGARY, Jan. 17, 2013 /CNW/ - Marquee Energy Ltd. ("Marquee" or the "Company") (TSXV: MQL) is pleased to provide an update on recent operations across its two key oil projects at Michichi and Lloydminster. These projects provide Marquee with a strong foundation of high netback oil production and provide a basis for repeatable development potential for the next several years. Following Marquee's fourth quarter disposition of its gas weighted Willesden Green property, Marquee is...
TSXV Trading Symbol: MVN CALGARY, Jan. 17, 2013 /PRNewswire/ - Madalena Ventures Inc. (the "Company" or "Madalena" (TSX VENTURE: MVN) is pleased to provide an update of its operations in both Western Canada and Internationally. Western Canada Operations Update - Greater Paddle River Core Area Horizontal Resource Play #1 - Ostracod light oil On October 15, 2012 the Company placed its most recent Ostracod horizontal oil well (Madalena 100% W.I.) on production in the Paddle...
HAMMOND, La., Jan. 17, 2013 /PRNewswire/ -- Lighthouse Petroleum, Inc. (OTC: LHPT) is pleased to announce it has advanced on its commitment to explore for oil in the Tuscaloosa Marine Shale. The initial investment in this Shale by Lighthouse was in 2012, and management of Lighthouse has made the decision to increase its investment going forward in 2013. While several elements played roles in Management's decision to expand, the Department of Natural Resources of Louisiana's belief...
FORT LAUDERDALE, Fla., Jan. 16, 2013 /PRNewswire/ -- BioPower (OTCQB: BOPO) announced today the launching of the FTZ Energy Exchange. The FTZ Energy Exchange structures the exchange of information and data for the purchase, sale and trading of electricity, oil, gas, biofuels, alternative energy, energy credits, parts, machinery and equipment. The exchange intends to work with a Preferred Partner Network of vendors and suppliers. Our business model revenues are based on transaction...
Latest oil Reference Libraries
Brown Boronia (Boronia megastigma) is a shrub species in the citrus family. Cultivated for its intense aromatic scent, it is the primary source of essential oils in the Boronia species. Reaching a maximum height of approximately 39 inches, the plant features deep green glandular leaves which are also scented. The linear leaves, narrow and thick in shape, are arranged in whorls around slender branches. The production of scent appears to serve one primary purpose; reproduction. The...
Cinnamon Myrtle can grow up to a height of 33 yards. The leaves are characterized by oval or elliptical shape, 1-3 inches long, with a scent like cinnamon. Flowers originate in panicles with star-shaped blooms. The tiny, papery fruit are shaped like bells. The Cinnamon Myrtle earned its common name in the late 1980s due to the elemicin essential oil it produced which made it particularly fitting for flavoring. However, the name 'cinnamon myrtle' is currently used to indicate the...
The Lemon Myrtle, Backhousia citriodora, also known as Lemon Scented Ironwood, Sweet Verbena Tree, Sweet Verbena Myrtle, or Lemon Scented Verbena, is a flowering plant native to subtropical rainforests of Queensland, Australia. This plant is classified in the family Myrtaceae and genus Backhousia. It can achieve heights as high as 5 yards, but many times it is smaller. The leaves are a glossy evergreen with smooth edges, opposite, lance-shaped, 2-5 inches in length and less than an inch...
The Annual Hibiscus (Abelmoschus moschatus) also known as Bamia Moschata, Galu Gasturi, Muskdana, Musk mallow, Musk okra, Ornamental okra, Tropical jewel hibiscus, and Yorka okra, is a medicinal plant in the Malyaceae family. It is native to India. Despite being a tropical plant originally, the hibiscus is frost hardy. The seed, known as Ambrette, musk or rose mallow, has a sweet, flowery, heavy fragrance similar to that of musk. Musk mallow oil was once used as a substitute for animal...
The Blacktip shark, Carcharhinus limbatus, is a large shark, native to the continental and insular shelves of tropical and warm temperate seas around the world. The Blacktip is a large fairly stout shark, grey in color, normally with black-tipped fins. It has a long, narrow, pointed snout, long gill slits, a large first dorsal fin and fairly large second dorsal. Taxonomy The Blacktip shark was first described by Achille Valenciennes in Müller & Henle (1839) as Carcharias...
