Latest Petroleum Stories

CALGARY, Alberta, April 30, 2013 /PRNewswire/ -- Madalena Ventures Inc. (TSXV: MVN) (the "Company" or "Madalena") is pleased to provide information on its operating and financial results for the three months and year ended December 31, 2012 and the Company's 2012 year end reserves. Copies of the Company's consolidated financial statements for the year ended December 31, 2012, the related management's discussion and analysis and the Annual Information Form (the "AIF") of...

NEW YORK, April 29, 2013 /PRNewswire/ -- Platts' physical market price assessments for regional and global crude oil, petroleum products and iron ore have been selected as the basis for clearing 13 new futures contracts launched today by the IntercontinentalExchange (ICE), a global operator of derivatives markets and clearing houses. Platts is a leading global energy, petrochemicals and metals information provider and a top publisher of global benchmark price references. "We are...

SUGAR LAND, Texas, April 29, 2013 /PRNewswire/ -- Skye Petroleum, Inc. (Pink Sheets: SKPO), ("Skye" or the "company") is pleased to announce that Hoover Oil Field Supply in Clarendon, PA is offering the company's primary chemical technology, Skye Chem Wax Dispersant-Ready to Use (WD-RTU), to its customers in the northwest and central Pennsylvania region. Hoover is a well-known supplier in the region and has been pleased with the responses they are receiving from customers who...

ALMELO, Netherlands, April 29, 2013 /PRNewswire/ -- A new version of Sensata's award-winning Cylinder Pressure Sensor (CPS) is attracting attention as a critical component to lowering exhaust emissions and increasing fuel efficiency in next-generation engine combustion systems. Development partners Sensata and Beru released their first generation CPS in series production in 2007 which made it possible to directly measure the combustion process in a diesel engine by incorporating a...

DUBLIN, April 29, 2013 /PRNewswire/ -- Research and Markets has announced the addition of the "Well Intervention Market - Global Trends & Forecast To 2018" [http://www.researchandmarkets.com/research/zv2gfq/well_intervention ] report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) The report covers the global well intervention services market which includes different types of well intervention services, their application...

HOUSTON, April 29, 2013 /PRNewswire/ -- Mystik(®) Lubricants recently renewed its title sponsorship of the Terracross Championship series, providing a unique opportunity to showcase the Mystik product line. Now known as the Mystik Lubricants Terracross Championship (MLTC), the 2013 season consists of three race events. The first takes place at the ERX Motor Park in August and is followed by Haydays Snowmobile Grass Drags in September, both of which are in Minnesota. The third race...

HOUSTON, April 29, 2013 /PRNewswire/ -- Average compensation for North American-based oil and gas professionals declined four percent year/year to $94,722 on average in 2012, driven by a reduction in drilling activity and a less experienced workforce, according to Rigzone, the leading online resource for oil and gas information, data and talent recruitment. For those oil and gas professionals most often directly connected to drilling activity by working a rotational schedule,...

Oil Will Flow Even if TransCanada Doesn't Build Controversial Pipeline WASHINGTON, April 29, 2013 /PRNewswire/ -- The increasingly contentious debate over the environmental impact of TransCanada Corp's (TRP) Keystone XL Pipeline obscures the oil and gas industry's pursuit of alternative means to deliver rising production from Canada's oil sands to the U.S. and other markets. Facing lower price realizations in oil-glutted Western Canada, enterprising oil-sands producers have already...

A recently added market report by Transparency Market Research on “Enhanced Oil Recovery Market - Global Forecast, Share, Trends, Size, Growth, And Industry Analysis, 2012 - 2018” is now available for pre-order. To browse the report, visit http://www.transparencymarketresearch.com/enhanced-oil-recovery.html Albany, New York (PRWEB) April 26, 2013 Enhanced oil recovery (EOR) is a term for the techniques used for boosting oil recovery by injecting chemicals, gas, or steam to force more...

During the Earth Day town hall meeting in Conway, AR, at the Faulkner County Natural Resources Center, Founder and CEO, Scott C. Smith, gave a keynote address revealing preliminary results that the water column testing throughout Lake Conway showed positive readings for spilled Canadian tar sands oil and related solvents. Mayflower, AR (PRWEB) April 26, 2013 The presence of spilled Canadian tar sands oil or bitumen in Lake Conway appears to be from the March 29, 2013 ExxonMobil Pegasus...