Chevron Welcomes Shell to the Wheatstone Project

Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project.... 

Gallon of gas jumps to $3.76: survey

The average price for a gallon of gasoline in the United States has moved closer to $4, jumping more than 19 cents since mid-March to a level less than 10 percent below its all-time high, a widely followed survey said on Sunday. The Lundberg Survey said the national average price of self-serve, regular unleaded gas was $3.765 on Friday, up from $3.573... 

Hagens Berman LLP Continues to Investigate Hercules Offshore Inc. After SEC Probe Announcement

Hagens Berman LLP, an investor-rights law firm, is continuing to investigate Hercules Offshore to determine if the company violated securities laws. The investigation began after the announcement of a Securities and Exchange Commission (SEC) and Department of Justice investigation of certain of the company’s activities. Hagens Berman partner Reed... 

Samson Oil & Gas Presents in New York

Samson Oil & Gas Limited is presenting at two investor conferences in New York. Samson’s presentation at the Australian Resource Conference USA is scheduled for 11:30 a.m. Eastern Daylight Time on Thursday, April 7th, (which is Friday, April 8th, 01:30 a.m. in Sydney). The presentation is being webcast and is available at http://live.arcusa-newyork.com.... 

MACSEA Offers New Marine Solution for Measuring Hull Paint Performance

Ship owners, ship operators, and ship managers realize that hull fouling causes drag-related speed loss and increased fuel consumption when more power is delivered in order to maintain ship schedules. Hull fouling is also a topic of growing environmental concern and international regulation as it relates to green house gas emissions and the carriage... 

CAMAC Statement on Events in the Congo

The management of CAMAC is gratified to learn that all remaining passengers, flight crew and its corporate aircraft have been released by officials in the Democratic Republic of Congo. The release was not based on an admission of guilt by anyone associated with this incident and the Congolese government filed no charges of wrongdoing. CAMAC had no... 

Samson Oil & Gas Advises on Close of Sale of Gas Assets and Earl #1-13H Well

Samson Oil & Gas Limited advises that it has closed its previously announced sale of gas assets in the Jonah and Lookout Wash Fields in Green River Basin, Wyoming for $6.3 million to a group of private buyers, with an effective date of January 1, 2011. Samson’s cash balance following this transaction stands at US$73.3 million. Samson has also... 

Gas Supply to Israel Continues

Ampal-American Israel Corporation, a holding company in the business of acquiring and managing interests in various businesses, announced today that it was advised by East Mediterranean Gas Co. (“EMG”), in which Ampal has a 12.5% interest, that this morning an explosive device was placed at a GASCO (the Egyptian gas transport company) location... 

U.S. gasoline prices rise to $3.57/gallon: survey

Gasoline prices in the United States rose 6.65 cents per gallon over a two-week period, carried by the rise in crude oil prices stemming from the turmoil in Libya, an industry analyst said. The national average for a gallon of self-serve, regular gasoline was $3.57 on March 18, according to the Lundberg Survey of about 2,500 gas stations. The 6.65-cent... 

Obama’s Visit to Brazil Yields ‘Encouraging’ Renewable Fuels Cooperation, According to Brazilian Sugarcane Industry Association

Two important announcements involving renewable energy made on the opening day of U.S. President Barack Obama’s official visit to Brazil, both directly relevant to Brazil’s successful sugarcane ethanol industry, are encouraging signs that Brazil and the U.S. are on a path to achieve free, unobstructed trade for clean, renewable biofuels....