Ivanhoe Energy’s estimated oil sands resource increased by 81% at Tamarack Project in Alberta

Robert Friedland, Executive Chairman, President and Chief Executive Officer, and Ed Veith, Executive Vice President, Upstream, of Ivanhoe Energy Inc., announced that a recently completed evaluation by independent engineers has estimated that Ivanhoe Energy’s Tamarack Project, in the Athabasca region of Western Canada, contains best-estimate contingent... 

Dutch-Malaysia Cooperation to Reduce CO2 Emmissions

The Netherlands and Malaysia have joined forces to dispel the confusion that has arisen surrounding greenhouse gas emissions from oil palm cultivation in tropical peatland areas. Dutch Minister Cramer (Housing, Regional Development and Environment) and Malaysian Minister Chin (Plantation Industries and Commodities) set up the Joint Committee on Carbon... 

Panasas Parallel Storage Drives Completion of Seismic Processing Jobs Up to Six Times Faster for Geofizyka Krakow

Panasas, Inc., the global leader in parallel storage solutions, today announced that, through the deployment of a Panasas AS3000 parallel storage solution, Geofizyka Krakow is completing seismic processing jobs up to six times faster. This performance boost positively impacts its geophysicists’ productivity by providing faster results and the... 

USA Superior Energy Holdings Signs LOI With Hunt Global Resources

USA Superior Energy Holdings, Inc. announced it has executed a letter of intent to merge with Hunt Global Resources Inc. of Montgomery, Texas. The transaction will be in the form of a “reverse merger.” Under terms of the agreement, Hunt will assume a majority stock position and appoint a new board of directors. Full details of the transaction...