Finding extraordinary engineers for exceptional clients

Madagascar: OMV farms into onshore blocks

April 30th, 2014

OMV AG reported it will acquire 35% participating interest in Madagascar onshore Blocks 3109 and 3111 from Tullow Oil PLC, which will retain 65% and continue as operator. The transaction is subject to approval from Madagascar’s government.

Ecopetrol’s Cartagena refinery revamp still under way

April 30th, 2014

State-owned Ecopetrol SA said work related to an ongoing expansion and modernization project at its refining subsidiary’s Refineria de Cartagena SA’s (Reficar) 80,000-b/d refinery in Cartagena, Colombia, led to lower output during this year’s first quarter.

Copper Stable Isotopes To Trace Copper Behavior in Wetland Systems

April 30th, 2014

TOC Graphic

Environmental Science & Technology
DOI: 10.1021/es405688v

No Catalyst Addition and Highly Efficient Dissociation of H2O for the Reduction of CO2 to Formic Acid with Mn

April 30th, 2014

TOC Graphic

Environmental Science & Technology
DOI: 10.1021/es405210d

Impact of Al2O3 on the Aggregation and Deposition of Graphene Oxide

April 30th, 2014

TOC Graphic

Environmental Science & Technology
DOI: 10.1021/es404996b

PwC: US M&A activity reaches highest 1Q volume in more than a decade

April 30th, 2014

The US oil and gas industry recorded its highest volume of first quarter mergers and acquisitions (M&A) in more than a decade, PwC US Energy Practice said in an Apr. 30 report on transactions with value greater than $50 million. The movement was a result of rising upstream activities and increased interest from foreign entities.

Whiting reshuffles management following key retirement

April 30th, 2014

Denver independent Whiting Petroleum Corp. reported that James T. Brown, president and chief operating officer since 2011, will retire. James J. Volker, chairman and chief executive officer, will assume the additional position of president.

Gazprom, CNPC preparing to sign gas supply contract in May

April 30th, 2014

Following an Apr. 29 meeting in Moscow, OAO Gazprom said it is preparing to sign a gas supply contract with China National Petroleum Corp. in May.

MARKET WATCH: Oil futures climb on Western tensions about Russia, Ukraine

April 30th, 2014

Oil futures climbed on both New York and London markets Apr. 29 upon continuing uncertainty regarding futures steps that the West might take against Russia because of the Russia-Ukraine conflict.

Gazprom, OMV reach terms on Austrian South Stream construction

April 30th, 2014

OAO Gazprom and OMV AG have agreed on construction terms for the Austrian section of the 32 billion cu m/year South Stream natural gas pipeline, ending in Baumgarten. The companies plan to secure all permits by yearend 2015, with first gas deliveries in 2017 and full commissioning January 2018.

Follow us: