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Keppel Delivers Two Rigs for Pemex’s $5 Billion Cantarell Oil Field, Offshore Mexico
March 29, 2016
Keppel Offshore & Marine’s (Keppel O&M) wholly owned subsidiary Keppel FELS has delivered two jackup rigs to Mexican company, Grupo R to support operations at the $5bn Cantarell oil field located offshore Mexico. The two rigs, Cantarell I and Cantarell
Imperial Oil Resources Submits Application for Cold Lake Expansion Project in Alberta, Canada
March 29, 2016
The Alberta Energy Regulator (AER) has received Application from Imperial Oil Resources Limited for Cold Lake Expansion Project. The AER is reviewing the applications together with the associated environmental impact assessment (EIA) report. This notice sets out the deadline for
Primus Green Energy to Launch Methanol Plant Project, Slated for 2017 Delivery in Marcellus Region
March 24, 2016
Primus Green Energy Inc. has plans to develop and deliver its 160MT/day methanol plant to a manufacturing site in the Marcellus shale region. Production from the plant is slated to begin in 2017 for regional distribution, and three additional trains
Platts Bentek: U.S. Natural Gas Production Set a Record High in February
March 24, 2016
Natural gas production in the lower 48 United States averaged 73.3 billion cubic feet per day (Bcf/d) in February, which is up nearly 1.4 Bcf/d, compared to the January average, according to Platts Bentek, an analytics and forecasting unit of
NatureWorks’ New Laboratory to Research, Develop Commercial Methane to Lactic Acid Fermentation
March 23, 2016
The new $1 million 8,300 square-foot laboratory at NatureWorks world headquarters is the latest milestone in the company’s multi-year program to commercialize a fermentation process for transforming methane, a potent greenhouse gas, into lactic acid, the building block of Ingeo™
KBR Wins FEED Contract for Woodfibre’s LNG Project in Canada
March 23, 2016
US based engineering company KBR has secured a multi-phased contract from Woodfibre to offer front-end engineering and design (FEED) for its liquefied natural gas (LNG) project located near Vancouver. As per the contract, KBR’s Houston office will offer FEED services
AEP Named One of Fortune Magazine’s Most Admired Companies for Third Consecutive Year
March 23, 2016
American Electric Power (AEP) has been named to Fortune magazine’s World’s Most Admired Companies list in the electric and gas utilities sector for the third year in a row. The survey measures nine attributes related to financial performance and corporate
Venoco Files for Chapter 11 Bankruptcy Protection
March 23, 2016
US oil producer Venoco has filed for bankruptcy protection, as the company struggles to sustain its revenues amid a slump in crude oil prices. The company has reached agreement with its creditors to pursue a restructuring plan that aims to
US Oil & Gas Confirms Plans to Re-enter Eblana Oil Well, Nevada
March 23, 2016
US Oil & Gas Plc (USOP) has confirmed its intention to re-enter the Eblana-1 well, at the Hot Creek Valley project in Nevada. The company said the existing well, originally drilled in 2013, will be plugged back to 3,220 feet
Ethane Produced in Ohio Valley Heads to Europe
March 23, 2016
Even as officials in Ohio work to attract the $5.7 billion PTT Global Chemical plant to crack ethane, Sunoco Logistics and Kinder Morgan collectively plan to spend about $3.5 billion moving the material out of the Marcellus and Utica shale
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