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Last updated on April 19, 2014 at 18:42 EDT

Latest Petroleum Stories

2014-03-26 12:22:54

LAS VEGAS, March 26, 2014 /PRNewswire/ - Orofino Gold Corp. (PINK OTC: ORFG) ("Orofino Gold" or the "Company") is pleased to announce that the Company's majority owned subsidiary, Nations Oil & Gas, has made an offer to acquire Alberta Gas Co of Utah. Financial terms are being negotiated. Alberta Gas owns leases for seven stripper wells located in two separate fields in Utah's Uintah Basin. Four are located off Highway 40 between Roosevelt and Vernal in the East Gusher...

2014-03-26 12:20:57

DALLAS, March 26, 2014 /PRNewswire/ -- The report "Floating Production Systems Market By Types (FPSO, TLP, Spar, Barge, Others), Water Depth (Shallow, Deep, and Ultra Deep), Build (New and Converted) & Geography - Global trends and forecasts to 2018", defines and segments the global floating production systems market with an analysis and forecast of the revenue. The floating production systems market will grow from an estimated $14.9 billion in 2013 to $35.4 billion by...

2014-03-26 12:20:46

Website Makeover Enables Easier, More Streamlined Navigation for Both Consumers and the Industry WASHINGTON, March 26, 2014 /PRNewswire/ -- Today, the American Petroleum Institute unveiled its newly refurbished website for the Motor Oil Matters program, featuring a completely redesigned interface that delivers improved functionality and an overall enhanced user experience. The mobile-optimized site boasts new content and architecture, clearly identifying and directing consumers and...

2014-03-26 08:23:12

Acquisition positions Calumet as a leading independent provider of drilling fluid products in the U.S. INDIANAPOLIS, March 26, 2014 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership") a leading independent producer of specialty hydrocarbon and fuel products, today announced that it has entered into a definitive agreement to acquire ADF Holdings, Inc., the parent company of Tulsa, Oklahoma-based Anchor Drilling Fluids USA, Inc....

2014-03-26 08:23:09

The Steel Index (TSI)-Based Steel Futures and Swaps Complete First Month SINGAPORE, March 26, 2014 /PRNewswire/ -- The Singapore Exchange's (SGX) newly introduced steel futures and swaps contracts, which were launched in February and based on the daily spot ASEAN hot rolled coil (HRC) imports price index of The Steel Index (TSI), saw solid industry support in their first month of trading. TSI, a unit of Platts since 2011, is a leading specialist source of impartial steel, scrap,...

2014-03-26 08:22:45

Lucas Will Receive Cash Payment and Carried Working Interest HOUSTON, March 26, 2014 /PRNewswire/ -- Lucas Energy, Inc. (NYSE MKT: LEI) ("Lucas" or the "Company"), an independent oil and gas company with its operations in Texas, today announced a Letter of Intent ("LOI") for a Participation Agreement with a private independent operator to farm out approximately 400 acres on its Karnes County Eagle Ford leasehold. Under the LOI, Lucas will receive a payment of $1 million, payable...

2014-03-25 16:22:37

MIDLAND, Texas, March 25, 2014 /PRNewswire/ -- Mexco Energy Corporation (NYSE MKT:MXC) ("Mexco" or "the Company") today announced the acquisition of additional working interests in a joint venture. The Company's working interest in this development of seven horizontal wells in the Wolfcamp formation of Reagan County, Texas was increased from 0.57% (0.49% net revenue interest) to 1.4% (1.2% net revenue interest) increasing the estimated drilling costs from $350,000 to approximately...

2014-03-25 12:23:02

COLLEGE STATION, Texas, March 25, 2014 /PRNewswire-USNewswire/ -- Learn about the history, pioneers and technological advances of the offshore drilling industry at a new interactive exhibit "Offshore Drilling: The Promise of Discovery" on display March 31, 2014 through Feb. 1, 2015 at the George Bush Presidential Library and Museum at Texas A&M University. http://photos.prnewswire.com/prnvar/20140325/DC90220 The exhibit focuses on the history, current developments and future of...

2014-03-25 08:23:54

DENVER, March 25, 2014 /PRNewswire/ -- Double Eagle Petroleum Co. (the "Company") (NASDAQ: DBLE) announced today that Charles F. Chambers has been appointed Chairman and Chief Executive Officer, effective as of April 1, 2014, succeeding Richard D. Dole who will become Vice Chairman of the Board. As part of the transition the Company is changing its name to Escalera Resources Co. The Company also announced a private placement of its common stock for $4,825,000, the net proceeds of...

2014-03-25 08:23:41

China's Largest Oil and Gas Producer Will Expand Use of Honeywell's Planning and Collaboration Technologies to 30 Plants BEIJING, March 25, 2014 /PRNewswire/ -- Honeywell (NYSE:HON) today announced that PetroChina Company Limited will expand its use of Honeywell advanced information management and process modeling software tools to 17 additional refining and petrochemical sites across China, to help meet the country's growing demand for chemicals and transportation fuels. PetroChina...


Latest Petroleum Reference Libraries

0_2d32b95d634235dd48b1f1b3e5949a2e
2010-10-07 16:05:32

The Seismometer is an instrument designed to measure the motions of the ground. This includes seismic waves generated by earthquakes, nuclear explosions, and other seismic sources. Records of these activities allow seismologists to map the interior of the Earth, and locate and measure the size of the different sources. There are also seismographs, which is sometimes used in place of the word seismometer. However, a seismograph is the older instrument in which the measuring and recording...

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