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Latest Petroleum Stories

2014-03-11 08:22:56

Testing Achieves Expected Flow Rates and Confirms Reservoir and Fluid Characteristics CALGARY, March 11, 2014 /CNW/ - Oryx Petroleum Corporation Limited ("Oryx Petroleum" or the "Corporation") today announced the successful testing of the DD-4 appraisal well on the Demir Dagh field in the Hawler license area in the Kurdistan Region of Iraq. Oryx Petroleum has a 65% participating and working interest in the Hawler license area. Commenting today, Henry Legarre, Oryx Petroleum's...

2014-03-10 23:22:22

Drilling Fluids market report covers the global drilling fluids market and segments it on the basis of their application (onshore and offshore), types of base fluids (water-based systems, oil-based systems). (http://www.marketsandmarkets.com/Market-Reports/drilling-completion-fluids-market-1241.html) (PRWEB) March 10, 2014 The report "Drilling Fluids (Drilling Mud) Market and Completion Fluids Market: by Types (Water-Based Systems, Oil-Based Systems, Synthetic-Based Systems, Other...

2014-03-10 16:34:42

LONDON, March 10, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: US Asphalt Market US demand to rise 3.7% annually through 2017Demand for asphalt in the US is forecast to increase 3.7 percent annually to 27.9 million tons in 2017. This is equivalent to 154 million barrels of primary asphalt, the vast majority of which is refined petroleum asphalt. Demand for asphalt is expected to advance from its low 2012 base, spurred by growth in highway and...

2014-03-10 16:23:12

Licensing Agreement Positions Calumet to Produce, Market and Sell Bulk Transformer Insulating Oil Under the VOLTESSO(TM) Brand In Canada INDIANAPOLIS, March 10, 2014 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership"), a leading independent producer of specialty hydrocarbon and fuels products, today announced a licensing agreement with Imperial Oil Limited ("Imperial") through which Calumet will produce, market and sell bulk...

2014-03-10 16:22:17

LONDON, March 10, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: Proppants Market in North America North American demand to exceed 100 billion poundsProppants 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...

2014-03-10 16:22:07

LONDON, March 10, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market fell in February to $1,387 per metric ton (/mt), down 3% from January, according to the just-released monthly Platts Global Petrochemical Index (PGPI). The PGPI is a benchmark basket of seven widely used petrochemicals and is published by Platts, a leading global energy, petrochemicals and metals information provider and a top source of benchmark price references. Waning global...

2014-03-10 16:21:30

LONDON, March 10, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: World Lubricants Market World demand to rise 2.4% annually through 2017World demand for lubricants is forecast to increase 2.4 percent per year to 43.6 million metric tons in 2017, driven by strong growth in vehicle ownership and ongoing industrialization in the developing countries of Asia. Above average increases will also occur in South America and in Africa/Mideast. These regions...

2014-03-10 12:23:00

HOUSTON, March 10, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it plans to host a tour of its Barge Rig 55B and Quail Tools facility in New Iberia for analysts and investors on Saturday, March 22. The program is scheduled to begin at 7:00 a.m. Central time (8:00 a.m. Eastern time). Copies of key presentations given during the program will be posted on the Company's website. They may be found in the Investor Relations section of the website at...

2014-03-10 12:22:50

PITTSBURGH, March 10, 2014 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) said today that it opposes export of U.S. crude oil because it would cost jobs at U.S. refineries, raise prices at the gas pump, decrease national security and increase environmental degradation. http://photos.prnewswire.com/prnvar/20080131/DC12982LOGO "Lifting the ban would benefit oil companies that engage in oil exploration and production, but it would harm their refining operations that have to...

2014-03-10 12:22:36

LUANDA, Angola, March 10, 2014 /PRNewswire/ -- Specialising in hydrocarbon exploration and exploitation, PetroPlus Overseas has wasted no time in laying the foundations for its future growth. Today it holds many oil and gas rights in Africa, particularly in Gabon where it has two licences, one of which is very promising and will see its initial exploratory drilling in 2014. Four Africa permits in progress Thanks to its excellent knowledge of the field, PetroPlus...


Latest Petroleum Reference Libraries

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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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