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Latest Petroleum industry Stories

2014-06-30 08:23:17

LAFAYETTE, La., June 30, 2014 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) today announced that it has entered into an oil focused joint venture in Louisiana with Midstates Petroleum Company, Inc. (NYSE: MPO) (the "JV"). Under the terms of the JV, the Company has acquired a 50% interest in Midstates' Fleetwood project for an aggregate purchase price of $24 million. The purchase price is comprised of $10 million in cash ($3 million paid at closing and $7 million due in January...

2014-06-26 08:22:57

New Center Will Hire Local Engineering Talent to Further Strengthen its Oil and Gas Practice HOUSTON, June 26, 2014 /PRNewswire/ -- QuEST Global, a leading global engineering services provider, announced today the opening of a new engineering center in Houston, Texas. The center will provide engineering services and solutions for the upstream oil industry, equipment manufacturers and other oil and gas companies. The company has over 100 employees in the Houston area and plans to hire...

2014-06-08 12:20:28

DALLAS, June 8, 2014 /PRNewswire-iReach/ -- ReportsnReports.com adds "Iran Oil Gas Market Intelligence Report (Q2 2014)", "Iraq Oil Gas Market Intelligence Report (Q2 2014)", "Kuwait Oil Gas Market Intelligence Report (Q2 2014)", "Oman Oil Gas Market Intelligence Report (Q2 2014)" and "Qatar Oil Gas Market Intelligence Report (Q2 2014)" reports to its store. (Photo: http://photos.prnewswire.com/prnh/20140605/94754) These oil and gas reports are an initial guide, providing...

2014-05-30 00:20:53

LONDON, May 30, 2014 /PRNewswire/ -- The oil and gas industry's major project developers will be speaking at the Modular Construction & Prefabrication for Oil & Gas Summit, a two-day conference providing insight into all stages of modularization in large-scale capital projects within the hydrocarbons industry, from pre-FEED, through to onsite construction and commissioning. http://www.modconoilandgas.com/news The conference, hosted by Oil & Gas IQ - a...

2014-05-20 12:24:59

HOUSTON, May 20, 2014 /PRNewswire/ -- Bob Ballentine, a partner in Burleson LLP's Houston office and head of its midstream oil and gas practice, will speak on Wednesday, May 21 at the Texas Lawyer Energy Summit in Houston. http://photos.prnewswire.com/prnvar/20140520/89501 The event is designed to provide best practices to in-house counsel and private practice attorneys on a broad range of legal concerns impacting the energy industry. Mr. Ballentine's presentation is titled...

2014-05-08 16:29:50

DALLAS, May 8, 2014 /PRNewswire/ -- Silver Tusk Oil Company, LLC ("Silver Tusk") Managing Member, Paul Fenemore, is pleased to announce that Silver Tusk has recently acquired the Whelan Lease located in Marion County, Texas from Manziel Management Corporation et al. The 1,261 acre lease is located within the productive limits of the Vicki Lynn Field and the acquisition also includes a producing oil well and an operational salt water disposal well. Silver Tusk has recently...

2014-05-05 08:23:16

UMEC acquires substantial heating oil business previously owned by Direct Energy Business NEW YORK, May 5, 2014 /PRNewswire/ -- United Metro Energy Corp. (UMEC) of Brooklyn is positioned to become the largest supplier of heating oil and motor fuels in the New York City metropolitan area as result of a major acquisition. John A. Catsimatidis, Chairman and CEO of UMEC, announced today that UMEC has acquired the New York City heating oil business of Direct Energy Business, LLC. which...

2014-05-02 04:20:43

CALGARY, May 2, 2014 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report operating and unaudited financial results for the three months ended March 31, 2014. HIGHLIGHTS -- Achieved average production of 46,677 boe/d during the first quarter of 2014, an increase of 14% as compared to 40,960 boe/d in the prior quarter and 21% compared to 38,707 boe/d in the first...

2014-04-30 16:24:39

WASHINGTON, April 30, 2014 /PRNewswire-USNewswire/ -- The American Petroleum Institute announced today veteran Democratic policy strategist Louis Finkel will lead the oil and natural gas industry association's government relations efforts, becoming effective May 27. "Louis brings a unique mix of strategic vision, tactical experience and campaign management to lead our industry's advocacy efforts at the federal, state and local level," said API President and CEO Jack Gerard. "This is...

2014-04-21 23:03:28

In the five years to 2014, the Laboratory Testing Services industry has experienced robust growth; furthermore, the five years to 2019 are expected to be equally as productive for the industry, with revenue forecast to rise. For these reasons, industry research firm IBISWorld has added a report on the Laboratory Testing Services in Canada industry to its growing industry report collection. New York, NY (PRWEB) April 21, 2014 In the five years to 2014, the Laboratory Testing Services...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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