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Latest Petroleum industry Stories

2013-09-03 20:21:29

CALGARY, Sept. 3, 2013 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) announced today that it has acquired a site in the Alberta Industrial Heartland for approximately $20 million featuring a well-designed existing rail system and utility infrastructure to support the future development of rail, terminalling and storage facilities (the "Heartland Hub"). The Heartland Hub is a further build-out of Pembina's larger Nexus terminal...

2013-09-03 12:22:25

EUSTACE, Texas, Sept. 3, 2013 /PRNewswire/ -- Paradigm Oil and Gas, Inc. (OTC PINK: PDGO) ("Paradigm") today announced that it filed its 2(nd) quarter, ending June 30, 2013. Paradigm Oil and Gas is pleased with its results, posting revenue for the first time in almost 2 years. As part of a comprehensive, on-going re-audit process covering the past 24 months of operation, the Company anticipates revised filings by September 30, 2013 which will be restated on the OTBB exchange....

2013-08-26 04:20:16

Growth will be evident across upstream, midstream, and downstream end user segments LONDON, Aug. 26, 2013 /PRNewswire/ -- A robust Turkish economy, aided by a stable political establishment, is set to increase investments in the oil and gas industry and boost automation and control solutions (ACS) market growth. Compliance with new regulations governing oil and gas products is also poised to promote fresh ACS investments from this year on. New analysis from Frost & Sullivan...

2013-08-21 12:21:37

Growth of 26,308% Vaults the Midstream Giant to #4 Overall DALLAS, Aug. 21, 2013 /PRNewswire/ -- Bridger, LLC is proud to announce that it has been ranked by Inc. Magazine as the fourth fastest-growing private company in its 2013 Inc. 500 List, America's most prestigious ranking of fast-growing companies. Bridger was recognized by Inc. as a result of its outstanding growth--over 26,000 percent in a three-year period--which places Bridger in the exclusive company of past top 10...

2013-08-15 23:27:41

After alternating years of growth and decline in 2010 and 2011, the industry will begin to move upward again; demand from construction and development companies will support this revival, as firms will require the industry's services for their projects. For these reasons, industry research firm IBISWorld has updated a report on the Remediation and Environmental Cleanup Services industry in its growing industry report collection. Los Angeles, CA (PRWEB) August 15, 2013 Before the...

2013-08-10 16:20:03

REDMOND, Wash., Aug. 10, 2013 /PRNewswire/ -- Univar Inc., a leading global chemical distributor, announced today that it has named George Makar as its new Regional Vice President for EMEA Oil & Gas. Makar will be based in Abu Dhabi, UAE and will report directly to Univar's Global Oil & Gas Industry President, Chris Oversby. (Logo: http://photos.prnewswire.com/prnh/20100630/SF28924LOGO) Makar's appointment marks Univar's continued focus on expanding its presence in the...

2013-08-07 23:20:17

“Proppants in North America to 2017” is the new market research report added to ReportsnReports.com store. Dallas, Texas (PRWEB) August 07, 2013 Proppants have been one of the most dynamic products in the North American market over the past decade, with sales increases outperforming most other industrial sectors. While growth is expected to slow somewhat from the heady early years, double digit gains are still expected, with overall demand reaching over 100 billion pounds in 2017,...

2013-08-05 16:20:18

APPLETON, Wis., Aug. 5, 2013 /PRNewswire/ -- U.S. Oil, the petroleum and renewable energy distribution division of U.S. Venture, Inc., announces the acquisition of Lincolnshire, IL based Combined Oil, a branded wholesale fuel supply business that supplies more than 160 convenience stores throughout southern Wisconsin, Illinois, Indiana and Kentucky. "We're excited about this new acquisition as we continue to solidify and expand U.S. Oil's Midwest operations," said Steve...

2013-08-05 12:23:33

EUSTACE, Texas, Aug. 5, 2013 /PRNewswire/ -- Paradigm Oil and Gas, Inc. (OTC PINK: PDGO) Paradigm Oil & Gas, Inc.") announced today that after doing extensive research and having many meetings with the ownership, Paradigm has successfully negotiated the purchase of a majority interest of A. Feezel Corporation's Trucking Division, known as CAM Trucking and Well Service. "Paradigm Oil and Gas has recently begun the process of compiling an inventory of its oil and gas leases, and...

2013-08-01 04:20:10

CALGARY, Aug. 1, 2013 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX, NYSE: VET) is pleased to report interim operating and unaudited financial results for the three and six months ended June 30, 2013. HIGHLIGHTS -- We recorded the strongest operating quarter in our history in the second quarter of 2013. Thus far, our capital program has achieved better than anticipated results, generating...