Business Wire

  1. Foster Wheeler Awarded Contract For New Refinery In Libya
    Foster Wheeler Ltd. announced today that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, has been awarded a contract by Zwara Oil Refinery Company Limited (ZORCO) for consultancy and project management services for a planned new 200,000 barrels per stream day crude oil refinery at Mellita, near Zwara, in the Great Socialist People’s Libyan Arab Jamahiriya
  2. Echo Satellite Communications, Inc. (ECSC) Inks LOI To Acquire Xeric Oil & Gas
    Echo Satellite Communications, Inc. (Other OTC:ECSC - News) announced today that it has entered into a letter of intent to acquire the assets of Houston, Texas-based Xeric Oil & Gas Corp.
  3. Nexant Sees Bright Future For African Petrochemical Sector
    As the petrochemical industry intensifies its global search for new chemical feedstock sources, a growing number of companies are looking closely at Africa’s largely underdeveloped and potentially vast hydrocarbon and mineral resources as an alternative source of supply
  4. Shaw Selected By Petrobras To Provide Proprietary Technology, Engineering And Technical Services For Major Ethylene Plant In Brazil
    The Shaw Group Inc. announced today that its Energy & Chemicals Group has been awarded contracts by Petroleo Brasileiro S.A. to provide its proprietary ethylene technology, including its Ultra Selective Conversion furnace equipment, basic engineering and technical services for a 1,000 KTA ethylene plant in Brazil
  5. McMoRan Exploration Co. Announces Successful Production Test At Flatrock No. 4 And Plans To Pursue Completion At South Timbalier Block 168
    McMoRan Exploration Co. today updated latest developments at the Flatrock field and the South Timbalier Block 168 ultra-deep exploratory well
  6. Samson Oil & Gas Confirms Gas Discovery In Texas
    Samson Oil & Gas Limited announced today that it had confirmed a commercial production rate of its recent drilling success in Brazoria County, Texas, on October 22nd and 23rd when the Davis Bintliff #1 well was completed and flow tested at 6.17 mmscfd and 74 bopd with no water production at tubing pressure of 9738 psig
  7. COADE And EMT-R Participate At Oil Gas Chemistry - 2008 In Samara, Russia
    COADE announced today that its COADE Global Network Partner (CGNP), EMT-R, exhibited at the just concluded Oil Gas Chemistry – 2008, which was held October 15-17 at the Expo-Volga Exhibition Center in Samara, Volga Federal District, Russia
  8. Parallel Petroleum Chooses Triple Point’s Solution For Fair Value Disclosure
    Triple Point Technology, recently that Parallel Petroleum Corporation, an independent oil and gas company with proved reserves of 43.8 MMBOE, has selected Triple Point’s Commodity XL for Fair Value Disclosure to provide credit-adjusted mark-to-market (MTM) and fair value level assignment for its energy commodity derivative transactions
  9. Gulf Publishing Company’s Women’s Global Leadership Conference To Address Key Issues Facing The Energy Industry
    Gulf Publishing Company will host over 1,000 businesswomen, executives and industry leaders from top energy companies worldwide for the Fourth Annual Women's Global Leadership Conference in Energy & Technology at the Westin Galleria in Houston
  10. Synergy Resources Corporation Announces New Drilling Permits
    Synergy Resources Corporation, a development-stage oil and gas exploration and production company, today announced that the Colorado Oil and Gas Conservation Commission had granted seven (7) drilling permits for wells included in leases for which Synergy has the option to purchase