Press Releases
Thursday, May 15th, 2008
DALLAS & CAESAREA, Israel--(BUSINESS WIRE)--Zion Oil & Gas, Inc. (Amex: ZN), announced today that the SEC declared effective the registration statement for Zion’s follow-on public offering of a minimum of 325,000 units up to a maximum of 2,500,000 units at $10.00 a unit. Each unit will consist of one share ...
Thursday, May 15th, 2008
TEL AVIV, Israel--(BUSINESS WIRE)--Ampal-American Israel Corporation - (NASDAQ:AMPL) today announced that Merhav Ampal Energy Ltd., a wholly owned subsidiary of Ampal, has commenced in Israel an offer to purchase shares of Gadot Chemical Tankers And Terminals Ltd. ("Gadot") (the "Offer"). The Offer is for up to 15% of Gadot's issued ...
Thursday, May 15th, 2008
DHAHRAN, Saudi Arabia & PARIS--(BUSINESS WIRE)--Regulatory News:
The Saudi Arabian Oil Company (Saudi Aramco) and Total (Paris:FP) (LSE:TTA) (NYSE:TOT) have both confirmed their decision to invest in a 400,000 barrel per day world-class, full-conversion refinery in Jubail, Saudi Arabia.
The refinery will process Arabian Heavy crude to high–quality refined products that will ...
Thursday, May 15th, 2008
Frame Agreement Includes Supply of Equipment and Services for 5 Years
FLORENCE, Italy--(BUSINESS WIRE)--VetcoGray, a GE Oil & Gas business, has received an award for a frame agreement covering a period of five (5) years to supply subsea equipment and support services for the Gorgon Project.
The Gorgon Project includes the subsea ...
Thursday, May 15th, 2008
First Quarter EBITDA up by 45% to AED 142 million
Sharjah – May 15, 2008 Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, has announced results for the quarter ended 31 March 2008, posting growing revenues from oil and gas production of AED 272 ...
Thursday, May 15th, 2008
Total announces today that it has acquired a high-performance computer that makes it a global leader in scientific computing power. This investment aims at efficiently enhancing the ability to process data needed to explore and produce oil and gas.
The computer is installed at the Total Scientific and Technical Center in ...
Thursday, May 15th, 2008
The Supervisory Board of DONG Energy A/S has today approved the interim financial report for the first quarter of 2008 with the following highlights:
First-quarter 2008 revenue was DKK 15,080 million
EBITDA was DKK 3,186 million, up 3% from DKK 3,102 million in the first quarter of 2007, and can ...
Thursday, May 15th, 2008
Tower Resources plc is pleased to provide the following update on its exploration activities in Namibia and Uganda.
In Namibia seismic interpretation has confirmed the presence of giant structures which could contain 10 billion barrels, unrisked, from three prospects. In Uganda processing and interpretation of seismic is continuing and a well ...
Thursday, May 15th, 2008
Shell Canada commits to be a co-sponsor of the final phase of the IEA GHG Weyburn – Midale CO2 Monitoring and Storage Project
Regina, SK – Shell Canada Limited recently signed on as a co-sponsor of the International Energy Agency Greenhouse Gas (IEA GHG) Weyburn-Midale CO2 Monitoring and Storage Project (Weyburn-Midale ...
Thursday, May 15th, 2008
HH Sheikh Hamdan bin Zayed Al Nahyan, Deputy Prime Minister, received Wednesday Dr. Ray Irani, CEO of Occidental Petroleum (OP). The meeting reviewed OP's operations in the UAE and explored prospects of joint cooperation between Dolphin Energy Limited and OP.
– Emirates News Agency, WAM
ISSUERS OF NEWS RELEASES AND NOT OILANDGASPRESS.COM ...
Thursday, May 15th, 2008
LOS ANGELES, May 13, 2008 -- While biodiesel technology is gaining popularity with oil conglomerates and national restaurant chains, many smaller companies still find mid-scale biodiesel production out of their reach. For those who are serious about entering the industry, but don’t have the serious capital investment usually required, now ...
Thursday, May 15th, 2008
PETRÓLEO BRASILEIRO S.A. – PETROBRAS (“Petrobras”), PETROBRAS QUÍMICA S.A. – PETROQUISA (“Petroquisa”), ODEBRECHT S.A. (“Odebrecht”), NORDESTE QUÍMICA S.A. – NORQUISA (“Norquisa”) e BRASKEM S.A. (“Braskem” or “Company”), pursuant to and for the purposes of CVM instructions 319/99 and 358/02, wish to notify the following to its shareholders and the market.
As ...
Wednesday, May 14th, 2008
Port-Gentil – May 14, 2008, First-quarter sales amounted to $398 million, up 13% from $351 million in the first quarter of 2007, as the positive impact of higher selling prices was partly offset by a 31% decline in volumes sold, due to fewer liftings. The sales to production ratio was ...
Wednesday, May 14th, 2008
The Saudi Arabian Oil Company (Saudi Aramco) and Total have both confirmed their decision to invest in a 400,000 barrel per day world-class, full-conversion refinery in Jubail, Saudi Arabia.
The refinery will process Arabian Heavy crude to high–quality refined products that will meet the most stringent global product specifications and is ...
Wednesday, May 14th, 2008
HOUSTON--(BUSINESS WIRE)--Anadarko Petroleum Corporation (NYSE:APC) today announced it has reaffirmed its full-year production guidance at 207 million to 212 million barrels of oil equivalent. The reaffirmation comes after an announcement by Enterprise Products Partners that its Independence Trail export pipeline repairs are expected to be complete in the first half ...
Wednesday, May 14th, 2008
YOKOHAMA, Japan--(BUSINESS WIRE)--Chiyoda Corporation (TOKYO:6366)(ISIN:JP3528600004), Japan’s leading engineering and construction firm, today reported its consolidated financial results for the fiscal year ended March 31, 2008.
New contracts for the fiscal year were 258,754 million yen on a consolidated basis, a 53.6% decrease compared with the previous fiscal year. New contracts decreased ...
Wednesday, May 14th, 2008
The net profit of the PGNiG Capital Group for the first quarter of 2008 was comparable to the results for Q1 2007, amounting to PLN 779 million. Profit from operating activities increased by 7 percent, amounting to PLN 987 million.
The results for Q1 2008 confirm the firm market position of ...
Wednesday, May 14th, 2008
AIM-quoted Independent Resources plc has received confirmation that exploration rights on the Ksar Hadada oil and gas exploration permit in Tunisia have been extended for a further three years.
The extension follows the completion of work to acquire new seismic and well data which indicate that Ksar Hadada, located in south-east ...
Wednesday, May 14th, 2008
(14 May 2008 - Beijing) China Oilfield Services Limited (“COSL” or the “Company”, HKSE stock code: 2883, SSE stock code: 601808) announces that representing COSL, Executive Vice President and Chief Operating Officer Li Yong has recently signed a turnkey drilling service contract with Devon Energy (China) Ltd. (“Devon China”) which ...
Wednesday, May 14th, 2008
Technip has been awarded by Oilexco North Sea Ltd. a frame agreement for subsea services in the United Kingdom North Sea. Under the terms of this contract, which is potentially worth approximately €190 million, Technip will provide these services for the next three years. The contract includes an option for ...
