Sentry Petroleum President and CEO Discusses Potential World-Class Coal Resource

Sentry Petroleum Ltd today announced the release of a video interview with Dr. Raj Rajeswaran, Sentry Petroleum President and Chief Executive Officer. The interview is available on the company’s web site at http://www.sentrypetroleum.com/presentations/sentry-video-presentations/ Sentry President and CEO, Dr. Rajeswaran is quoted as saying, “We... 

Chevron profit climbs, but reserves data weigh

Chevron Corp’s 72 percent rise in quarterly profit easily beat Wall Street forecasts, but anemic growth in its oil reserves disappointed investors and its shares fell 1.5 percent. Like smaller rivals ConocoPhillips and Occidental Petroleum Corp, earnings at the second-largest U.S. oil company were lifted by the strength of oil prices. But Chevron... 

Global Oil and Gas Upstream M&A 2010 Review

Record $211 billion in deals announced in 2010; Study sees another strong year in 2011 with more than $90 billion of properties on the market. PLS Inc., with international partner Derrick Petroleum Services and further analysis from Rystad Energy, reports global upstream oil and gas M&A activity for 2010 reached a record $211 billion. That volume... 

Texas, home to Big Oil, takes shine to solar power

Texas has long been home to Big Oil companies that specialize in extracting petroleum from hard-to-reach places. Now the hip college town of Austin is vying to become the epicenter of a potentially giant market for carbon-free electricity generated by the hot Texas sun. The rest of Texas may follow, if the state legislature passes incentives that will... 

Gulf Coast Fractionators Announces Expansion of Its Natural Gas Liquids Fractionation Facility

Gulf Coast Fractionators, a partnership among ConocoPhillips, Devon Energy Corporation and Targa Resources Partners LP announced plans to expand the capacity of its natural gas liquids fractionation facility located in Mont Belvieu, Texas. The maximum gross fractionation capacity of the facility will be expanded by approximately 42 percent (43,000 barrels... 

PinnacleAIS Announces Key PCMS RBI Initiatives

PinnacleAIS, a leading provider of services and technology specializing in improved asset integrity for the petroleum and chemical processing industry, today announced that it has completed several key Plant Condition Management Systems (PCMS®), Risk-Based Inspection (RBI) initiatives, furthering its expertise in Inspection Data Management Systems... 

ConocoPhillips Contributes $2 Million to The Academy of Medicine, Engineering and Science of Texas

ConocoPhillips announced that it will contribute $2 million over the next four years to the endowment fund for The Academy of Medicine, Engineering and Science of Texas (the Academy). The Academy brings the state’s top scientific, academic and corporate minds together to further position Texas as a national research leader. The Academy also hopes... 

ConocoPhillips and CleanFUEL USA Launch Program to Increase Propane Fueling Sites

CleanFUEL USA and ConocoPhillips have signed a three-year agreement to advance propane infrastructure for the U.S. transportation fuel industry. Under the agreement, the two companies will provide resources to install and supply propane fuel pumps for commercial fleet fuel users. Propane fueling stations will be installed not only at fleet owner sites,... 

Examine Possible Opportunities in the Coal Gasification for Power Generation

Research and Markets has announced the addition of the “Coal Gasification for Power Generation – 4th Edition” report to their offering. The 4th Edition of Research Reports International’s Coal Gasification for Power Generation report is a 75-page overview of the opportunities for coal gasification in the power generation industry.... 

Alberta Saline Aquifer Project Awards Key Contracts to Launch Carbon Sequestration Pilot in Early 2009

Industry, government, and academic participants in the 35-member Alberta Saline Aquifer Project (ASAP) announced today that five companies have been awarded contracts for the engineering, design and environmental-related work that is needed to support the first phase of ASAP’s initiative to store carbon dioxide in deep underground saline aquifers. With...