U.S. issues second post-spill drill permit in Gulf

The government has given BHP Billiton the second new permit to drill in the Gulf of Mexico since the Macondo oil spill, the Bureau of Ocean Energy Management said Saturday. A BHP spokesman confirmed that the new permit has been issued for resumption of drilling of a production well at Shenzi. BOEMRE issued the first new permit since the lifting of a... 

MDV-Mohr Davidow Ventures Backs Laurus Energy

MDV-Mohr Davidow Ventures, a leading Silicon Valley venture capital firm, announced that it has backed Laurus Energy, the North American leader in Underground Coal Gasification (UCG) project development. Laurus also announced today that top energy executive Rebecca McDonald has joined as CEO. “Given the huge demand for energy in the U.S. and abroad... 

ShawCor announces contract to provide pipe coating services for the Trinidad North East Offshore and Tobago Pipeline projects

ShawCor Ltd. announced its Bredero Shaw division has received a contract with a value in excess of $60 million to provide Concrete Weight Coatings and anode installation for the National Gas Company of Trinidad & Tobago Ltd’s North East Offshore (NEO) and Tobago Pipeline Projects. Bredero Shaw will mobilize two Compression Coat Technology... 

Global Resource Corp. Realigns Management and Board with Experts to Bring Company to Global Markets

Global Resource Corp., a developer of a patent-pending microwave technology and machinery for extracting oil and gas, announced today that it has installed a new management team and added two directors with world-class expertise to execute its transition from research into a major manufacturer and global marketer of hydrocarbon technologies. Frank Pringle,...