Quantcast
Last updated on April 20, 2014 at 8:28 EDT

Latest Petroleum Stories

2014-04-01 20:20:46

CALGARY, Alberta, April 1, 2014 /PRNewswire/ -- Oando Energy Resources Inc. ("OER", the "Company" or the "Group") (TSX:OER), a company focused on oil and gas exploration and production in Nigeria, today announced financial and operating results for the year ended December 31, 2013. The audited consolidated financial statements the ("Financial Statements") and management's discussion and analysis (the "MD&A") pertaining to the period are available under the Company's...

2014-04-01 20:20:44

Early payment reduces interest costs CALGARY, April 1, 2014 /PRNewswire/ - Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has prepaid its US$2.7 billion partnership contribution payable to WRB Refining LP of which Cenovus is a 50% owner. This resulted in a net cash payment of approximately US$1.35 billion from Cenovus. With the creation of WRB Refining in 2007, Cenovus's U.S. partner, Phillips 66, contributed the Wood River and Borger refineries and Cenovus contributed a note...

2014-04-01 20:20:38

March 2014 Posts Top 3 Highest Producing Days in U.S. History DENVER, April 1, 2014 /PRNewswire/ -- Spurred on by the top three highest producing days in U.S. history, domestic natural gas production in the lower 48 states averaged 66.6 billion cubic feet per day (Bcf/day) in March 2014, according to the latest estimates from Bentek Energy, the oil and natural gas analytic unit of Platts. Production levels on March 29, 30 and 31 all came in at 67.6 Bcf/d, the single highest...

2014-04-01 20:20:37

SAN ANTONIO, April 1, 2014 /PRNewswire/ -- Valero Energy Corporation (NYSE:VLO) today announced that it will host a conference call on April 29, 2014 at 10:00 a.m. CT to discuss first quarter earnings results, which will be released earlier that day, and provide an update on company operations. Persons interested in listening to the presentation live via the internet may log on to Valero's web site at www.valero.com. About Valero: Valero Energy Corporation, through its...

2014-04-01 12:25:32

HOUSTON, April 1, 2014 /PRNewswire/ -- Prices in the $3-trillion-plus global petrochemicals market fell 1% in March versus February to $1,371 per metric ton (/mt), according to the monthly Platts Global Petrochemical Index (PGPI) announced on the sidelines of the international petrochemical conference of the American Fuel & Petrochemical Manufacturers (AFPM) in San Antonio, Texas. The PGPI is a benchmark basket of seven widely used petrochemicals and is published by Platts, a...

2014-04-01 12:22:53

PARSIPPANY, N.J., April 1, 2014 /PRNewswire/ -- The global lubricants market is rapidly changing. Ranking third after the United States and China, India is one of the most important markets. Kline's recently published Opportunities in Lubricants: India Market Analysis is a comprehensive analysis of the Indian lubricants market, focusing on key trends, developments, challenges, business opportunities, and major suppliers. With a GDP of USD 1,825 billion in 2012, India is the...

2014-03-31 08:24:41

TULSA, Okla., March 31, 2014 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it plans to construct a condensate splitter at its terminal in Corpus Christi, Texas under a fee-based, take-or-pay agreement with Trafigura AG. The project also includes construction of more than one million barrels of storage, dock improvements and two additional truck rack bays at Magellan's terminal as well as pipeline connectivity between Magellan's terminal and...

2014-03-28 12:22:26

January-February Apparent* Oil Demand Contracted 1.9% to 10.03 Million B/d SINGAPORE, March 28, 2014 /PRNewswire/ -- China's apparent* oil demand in February rose 3.1% year over year to an average 10.62 million barrels per day (b/d) or 40.56 million metric tons (mt), according to a Platts analysis of China's latest government data. This followed a relatively large year-over-year contraction of 6.4% in January, when apparent oil demand averaged 9.48 million b/d. The growth in...

2014-03-28 12:22:24

VANCOUVER, March 28, 2014 /PRNewswire/ - Cayden Resources Inc. (TSXV: CYD) (OTCQX: CDKNF) ("Cayden" or the "Company") is pleased to announce that it has received the final drill results from its initial phase of drilling at Azteca and has added a second drill rig to its Peña de Oro drilling program. Hole 41, the last hole drilled at Azteca, intersected 20 meters averaging 1.70 g/t Au and each of the last 4 holes intersected the targeted mineralized structures. Throughout the...

2014-03-28 12:22:20

DUBLIN, March 28, 2014 /PRNewswire/ -- Research and Markets ( http://www.researchandmarkets.com/research/4sk726/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" [http://www.researchandmarkets.com/research/4sk726/global_satellite ] report to their offering. (Logo: http://photos.prnewswire.com/prnh/20130307/600769 ) Currently, almost 135 UDW rigs are being operated in the Atlantic...


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...

More Articles (1 articles) »