Post Archive by Month: August,2018

Encana to Present at Barclays CEO Energy-Power Conference

CALGARY, Alberta, Aug. 31, 2018 (GLOBE NEWSWIRE) — TSX, NYSE: ECA Doug Suttles, Encana President & CEO, will be presenting at the Barclays CEO Energy-Power Conference in New York City on Thursday, September 6 starting at 9:05 a.m. ET (7:05 a.m. MT). The presentation will last approximately 35 minutes. The live and archived webcast will be available on Encanas website

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ExxonMobil makes another discovery offshore Guyana

31 August, 2018 US supermajor ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year. Hammerhead-1 encountered approximately 60 metres of high-quality, oil-bearing sandstone reservoir. The well was safely drilled to 4,225 metres depth in 1,150 metres of water by the Stena Carron drillship. Hammerhead-1 is

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Canada: Total sells its interest in the Joslyn oil sands project to CNRL

2018/08/31 Paris – Total, together with its partners, has agreed to sell the Joslyn oil sands project in Alberta, Canada, to Canadian Natural Resources Limited (CNRL) for an overall consideration of 225 million Canadian dollars. Following the oil price fall in 2014, the Joslyn project partners decided to put its further development on hold. Therefore, activities have since been limited

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“Hyundai Engineering” is ready to implement new projects in Turkmenistan

31.08.2018 President Gurbanguly Berdimuhamedov on Thursday received the head, the chief Executive officer of the company “Hyundai Engineering Co., Ltd” (Republic of Korea), Sung Sang-Rock. During the meeting, the head of the company noted the interest of South Korean business in strengthening its positions in the high-potential Turkmen market. In turn, Gurbanguly Berdimuhamedov emphasized that Turkmenistan is interested in attracting

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Range Declares Quarterly Dividend

FORT WORTH, Texas, Aug. 31, 2018 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE:  RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the third quarter.  A dividend of $0.02 per common share is payable onSeptember 28, 2018 to stockholders of record at the close of business on September 14, 2018. RANGE

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Clarke Energy to Supply GE’s Jenbacher Gas Engines to Power New Algerian ‘Mega Mosque’

August 30, 2018 Clarke Energy to Deliver Four of GE’s Jenbacher J320 Gas Engines to Power Trigeneration Plant at Djamaâ el Djazaïr Mosque being Built in Mohammadia, Near Algiers Jenbacher Trigeneration Units to Supply Reliable, Lower-Emission Power, Heating and Cooling Project Highlights Growing Industrial Demand for Advanced Trigeneration Technologies ALGIERS, ALGERIA—August 30, 2018—GE’s Distributed Power business (NYSE: GE) today

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Eni announces a gas discovery in the Egyptian Western Desert

Eni announces a gas discovery in the Egyptian Obayed concession located in the Egyptian Western Desert. Eni has started the studies to develop these relevant gas reserves that, together with the gas potential of the Melehia Concession, can contribute to increase the country gas production. 30/08/2018 15:00 San Donato Milanese (Milan), 30 August 2018 – Eni announces a gas discovery

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PGNiG Group: revenue and net profit growth in H1 2018

Consolidated results of the PGNiG Group improved again, with H1 2018 revenue at PLN 20.89bn, EBITDA at PLN 4.3bn and net profit at PLN 2.27bn. The Group achieved further diversification of its import sources, with LNG deliveries as the main contributor. “We are pleased with our first-half consolidated results. Despite an unusually warm spring, gas sales grew by eight percent,

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Innovation must offer solutions

by Brad Baker, CEO, Tendeka  (Published in Energy Voice, September 2018) Like me, you will no doubt be overwhelmed by what seems like a torrent of new, self-proposed technology developments hitting the oil and gas market. But how many really deliver the sought after solutions to age old problems?   Innovation, in its classical sense, is any new idea, process or solution to a problem. However, I believe we are too often producing fads

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Cabot Oil & Gas Corporation Announces New Director

HOUSTON, Aug. 30, 2018 /PRNewswire/ — Cabot Oil & Gas Corporation (NYSE: COG) today announced the election of Mr. Peter B. Delaney to its Board of Directors, effective immediately. The addition of Mr. Delaney to the Board will bring the total to nine directors, with eight qualifying as independent directors. Mr. Delaney has a long and distinguished career in the

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SeaBird Exploration: sale of own shares

30 August 2018, Limassol, Cyprus Reference is made to the announcement of 24 August 2018, in which SeaBird Exploration PLC (“SeaBird” or the “Company”) announced the purchase of 15,000 SeaBird VPS shares, representing 1,500 shares following the reverse split completed 28 August 2018. 1,289 of these shares have been used to round up individual shareholders who would otherwise hold fractions

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PetroChina Continues to Increase its Reserves and Output of Oil and Gas Net Profit for the First Half of 2018 Increased 113.7% Year-on-Year

2018-08-30(Beijing, 30 August 2018) – PetroChina Company Limited (“PetroChina” or “the Company”, HKSE: 0857; NYSE: PTR; SSE: 601857) today announced that it achieved better than expected production and operating results in the first half of 2018. The Company took advantage of the favorable market conditions in the increase in international oil prices, steady increase in domestic demand for refined oil

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CEO’s Update August 2018

August 30, 2018 / David Norman Throughout August the Energy Pipelines CRC team prepared for a number of activities to take place over the remainder of the year, as well as continue with the day-to-day tasks for the organisation. Several new projects have begun this month in a number of topics. These projects will be completed by the end of

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Callon Petroleum Company Announces Upcoming Investor Events

AUG 30, 2018 NATCHEZ, Miss., Aug. 30, 2018 /PRNewswire/ — Callon Petroleum Company (NYSE: CPE) (“Callon” or the “Company”) today announced that senior management plans to participate in the upcoming investor events: Barclays CEO Energy-Power Conference The Company will present at the Barclays CEO Energy-Power Conference hosted by Barclays on Wednesday, September 5, 2018 at 12:25 PM Eastern Time. The live

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C-NLOPB Issues Calls for Nominations for Offshore Land Parcels

August 30, 2018 The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) is issuing, under its scheduled land tenure system, a Call for Nominations (Parcels) NL18-CFN02 in the South Eastern Newfoundland Region (Sector NL01-SEN) and a Call for Nominations (Parcels) NL18-CFN03 in the Jeanne d’Arc Region. These Calls for Nominations will assist the C-NLOPB in selecting parcels to be included in

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Alexey Miller holds conference call marking Oil and Gas Industry Workers Day

August 30, 2018Alexey Miller, Chairman of the Gazprom Management Committee, today held in St. Petersburg a conference call marking Oil and Gas Industry Workers Day. Alexey Miller Enlarged photo (JPG, 3.9 MB) The meeting was broadcast live to 72 companies of the Gazprom Group. In his speech during the conference call, Alexey Miller said, “As we are heading into our professional holiday, our efforts are going strictly as planned. We are successfully

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Weatherford Announces Conference Call

30 Aug 2018 BAAR, Switzerland, Aug. 30, 2018 /PRNewswire/ — Weatherford International plc(NYSE: WFT) today announced a scheduled conference call for Monday, October 29, 2018 at 8:30 a.m. ET.  The purpose of the conference call is to discuss results for the Company’s third quarter ending September 30, 2018. The call will be open to the public. To access the call, please

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Hess Announces Ninth Discovery Offshore Guyana

30 Aug 2018 Hess today announced a ninth oil discovery offshore Guyana at the Hammerhead-1 well, marking its fifth oil discovery on the Stabroek Block in the past year and proving a new play concept for potential development. Hammerhead-1 encountered approximately 197 feet (60 meters) of high-quality, oil-bearing sandstone reservoir. The well was safely drilled to 13,862 feet (4,225 meters) depth in 3,773

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KBR, Inc. to Participate at the Vertical Research Partners 9th Annual Global Industrials Conference

HOUSTON – (August 29, 2018) – KBR, Inc. (NYSE: KBR) announced today that Stuart Bradie, KBR President & CEO; Mark Sopp, Executive VP & CFO; and Alison Vasquez, Vice President, Investor Relations, will participate at the Vertical Research Partners 9th Annual Global Industrials Conference in Connecticut on September 5, 2018. The investor presentation which will be used for this conference

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