Tag: oil
Apache oil discovery
Apache Corporation announced a 5,103 barrel-per-day oil discovery, the Selkit-1X, on its 2.3-million-acre greater Khalda Concession in Egypt's Western Desert.
Horizon wins Pemex contract
Horizon Offshore, Inc. has been awarded a contract from Pemex for the rehabilitation of pipelines in the Cantarell field.
Shell to invest in Russia?
Russian Prime Minister Mikhail Kasyanov has discussed with the head of Shell the possibility of new investments.
Trinidad and Tobago banks on gas
Trinidad and Tobago is to intensify its industrial development and exports based on natural gas.
Russia is world’s no. 1 oil producer
Russia has beat out Saudi Arabia to become the world's biggest oil producer – for the month of February, at least.
Three oil firms invest $1.6 billion this year
Three oil and gas companies--ChevronTexaco Corporation of the United States, TotalFinaElf of France and Gulf Indonesia Resources of Canada--have planned a combined investment worth US$1.6 billion this year to develop the Indonesian oil and gas resources.