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.... 

Research and Markets: New Forecasts of Supply, Demand, Investment and Infrastructure for the Kuwait Oil and Gas Industry

Research and Markets has announced the addition of the “The Future of Kuwait Oil and Gas Industry to 2020- Forecasts of Supply, Demand, Investment, Companies and Infrastructure (Fields, Blocks, Pipelines, LNG, Refinery, Storage Assets)” report to their offering. The Future of Kuwait Oil and Gas Industry to 2020 provides a comprehensive... 

Kirby Corporation Announces 2010 Fourth Quarter and Year Results

Kirby Corporation today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2010 of $31.6 million, or $.59 per share, compared with $29.2 million, or $.54 per share, for the 2009 fourth quarter. The 2009 fourth quarter results included a $4.8 million before taxes, or $.05 per share, charge for shore staff reductions,... 

Range’s Proved Reserves Increase 42%

RANGE RESOURCES CORPORATION announced today that its proved reserves as of December 31, 2010 increased 42% to 4.4 Tcfe. From all sources, Range replaced 931% of production in 2010 with 840% reserve replacement occurring through the drill bit and positive performance revisions. Finding and development costs from all sources, including acquisitions,... 

Research and Markets: Yemen Gas Markets, 2010

Research and Markets has announced the addition of GlobalData ’s new report “Yemen Gas Markets, 2010″ to their offering. This profile is the essential source for top-level energy industry data and information. The report provides an overview of each of the key sub-segments of the energy industry in Yemen. It details the market structure,... 

Archer Petroleum Plugs and Abandons Radway Prospect Well

Archer Petroleum Corp has been advised by South Bay Resources (the Operator) that they will be plugging and abandoning the SBRES WEASEL 2-17-58-20 well on the Radway Prospect in Alberta, Canada. As announced earlier Archer participated in the drilling of the SBRES WEASEL 2-17-58-20 well which “encountered approximately seven metres of apparent... 

THINK Delivers Its First U.S.Built Electric Cars

THINK™, the world’s leading dedicated electric vehicle maker, has delivered its first U.S.-built cars to the State of Indiana for use in its government fleet. The 15 vehicles, which were shipped from THINK’s manufacturing facility in Elkhart, Ind., will be the first electric passenger vehicles with American-made, Lithium-ion batteries... 

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... 

GE Oil & Gas Helps National Grid Complete Inspection of NYC Gas Pipeline

GE Oil & Gas’ PII Pipeline Solutions group has helped National Grid USA complete a challenging inspection of a decades-old natural gas pipeline running under the busy streets of New York City, showcasing the heightened efforts of operators to evaluate the condition of pipelines located in high-population areas around the country. National... 

China New Energy to Acquire Remaining Interest in Qinhuangdao Chensheng Gas Co., Ltd.

China New Energy Group Company, a leading energy project developer specializing in the development of natural gas distribution networks, and distribution of natural gas in China, today announced that it has entered into an agreement to acquire 51% of Qinhuangdao Chensheng Gas Co., Ltd. (“Chensheng Gas”), a leading natural gas project operator...