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Oil & Gas Press Releases

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Oil and Gas Investment Information From Dynamic Enery Partners

January 17, 2012 | Author: | Posted in Oil & Gas

For purposes of the securities laws an “accredited investor” can mean a number of different things. Many of the qualifications for being an accredited investor apply to trusts, retirement plans, corporations or other business entities that wish to invest in other companies. An individual who wishes to be classified as an accredited investor has two …

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Estimations On Cyprus Gas Reserves Expected Soon

December 23, 2011 | Author: | Posted in Oil & Gas

irst indications on possible deposits of natural gas or oil in block 12 of Cyprus’ Exclusive Economic Zone (EEZ) are expected to be announced around Christmas, Minister of Commerce, Industry and Tourism Praxoula Antoniadou has said. Antoniadou`s comments came in the wake of press reports suggesting that block 12 natural gas deposits are approximately 8 …

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Cyprus Minister Urges Wise Exploitation Of Energy

December 13, 2011 | Author: | Posted in Oil & Gas

The wise and sustainable exploitation of the energy resources of the Republic of Cyprus gives prospects of peace, prosperity and progress for the broader region, and hope for the generations to come for a safer future, Cypriot Minister of the Interior Neoclis Sylikiotis has said. Speaking on Sunday at an event in Athens on the …

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Cyprus Expects Indication On Hydrocarbon Reserves Around Christmas

December 8, 2011 | Author: | Posted in Oil & Gas

First indications on possible hydrocarbon reserves in Block 12 of Cyprus’ Exclusive Economic Zone (EEZ) are expected some time around Christmas, Commerce, Industry and Tourism Minister Praxoula Antoniadou told the Cyprus Energy Forum. The Minister reiterated President Demetris Christofias’ remarks that Turkish Cypriots as citizens of the Republic of Cyprus can enjoy in the framework …

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Cyprus President Meets Hydrocarbons Experts

December 7, 2011 | Author: | Posted in Oil & Gas

The Government works hard and in an organised manner regarding the second licensing round for natural gas and oil exploration and exploitation within Cyprus Exclusive Economic Zone (EEZ), Government Spokesman Stephanos Stephanou has underlined. In statements to the Press, after the first meeting held on Wednesday between the President of the Republic and the Advisory …

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Cyprus Investment Agency Predicts Foreign Investment In Cyprus Energy Sector

November 28, 2011 | Author: | Posted in Oil & Gas

The newly appointed Chairman of the Cyprus Investment Promotion Agency (CIPA) Christodoulos Angastiniotis has highlighted the great prospects of attracting foreign investment in the field of energy in Cyprus, as a result of the exploration now underway in the Republic’s Exclusive Economic Zone for hydrocarbon reserves. In an interview with Cyprus News Agency, Angastiniotis analysed …

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Oil Companies Compete For Cyprus Exploration Rights

November 27, 2011 | Author: | Posted in Oil & Gas

The interest of foreign oil companies in acquiring licences in Cyprus’ Exclusive Economic Zone will become evident only after the government issues the relevant competition call, Government Spokesman Stephanos Stephanou said today. Stephanou added however that many companies have already displayed their interest in acquiring the exploration results in the area. He reiterated the government’s …

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Junior Oil and Gas Stock News: Osage (OTCBB: OEDV) Achieves 20,000 Acre Land Position in Logan County, Announces Commencement of Drilling Disposal Well

November 22, 2011 | Author: | Posted in Oil & Gas

SAN DIEGO – November 21, 2011 (Investorideas.com Energy Newswire) Osage Exploration and Development, Inc. (OTCBB: OEDV) announced today that it has increased its land position targeting the Mississippian Lime in the Nemaha Ridge project to 20,000 net acres. Osage also announced the commencement of drilling its first salt water disposal well on the Company�s prospect …

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Cyprus President To Visit Homer Drilling Rig

November 21, 2011 | Author: | Posted in Oil & Gas

President of the Republic Demetris Christofias will visit on Monday the Noble Homer Ferrington drilling rig where exploratory drilling is underway in the island’s Exclusive Economic Zone (EEZ) to locate possible hydrocarbons in the Republic’s Block 12 “Aphrodite”, south of Cyprus. An official statement said that President Christofias will be accompanied by Commerce, Industry and …

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Cyprus Continues Exploration Economic Zone

November 8, 2011 | Author: | Posted in Oil & Gas

Cyprus  will continue exercising her sovereign rights to explore and exploit natural gas recourses potentially located within its Exclusive Economic Zone (EEZ), Government Spokesman, Stephanos Stephanou has reiterated. A second round of licensing for the commencement of explorations in other blocks of Cyprus’ EEZ, will soon be announced, the Spokesman said. Speaking to the press …

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MERKEL AND MEDVEDEV TO INAUGURATE NORD STREAM GAS PIPELINE

November 8, 2011 | Author: | Posted in Oil & Gas

  The leaders of Germany and Russia are to inaugurate the Nord Stream pipeline today, which will pump Russian natural gas to Western Europe. The 1,224-kilometer pipeline runs along the bed of the Baltic Sea, bypassing an existing network of overland pipes running through Ukraine and Belarus. German Chancellor Angela Merkel and Russian President Dmitry …

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Cyprus Soon To Announce Second Round Of Exploration Rights

November 8, 2011 | Author: | Posted in Oil & Gas

Within the next few weeks, the government of the Republic of Cyprus will announce the second licensing round for hydrocarbon exploration offshore Cyprus, Interior Minister Neoclis Sylikiotis announced on Monday. He was speaking after a meeting with the new board of the Scientific and Technical Chamber of Cyprus (ETEK) where he informed them on matters …

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Cost-effective Gas Blender from SEMI-GAS® Systems Provides Precisely Blended Gases

November 3, 2011 | Author: | Posted in Oil & Gas

Malvern, Pa. November 2011 – SEMI-GAS® Systems, a division of Applied Energy Systems, Inc., and a manufacturer of industry-leading ultra-high purity gas source and distribution systems, now offers Blixer, a custom gas blender that provides a continuous flow of precisely blended gases more economically than buying pre-mixed cylinder gases. On-site blending with a gas blender …

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No Decisions On Second Round Of Licensing For Cyprus Exploration

October 20, 2011 | Author: | Posted in Oil & Gas

No decisions have been taken regarding a second round of licensing for explorations and exploitation of natural gas reserves potentially located within Cyprus’ Exclusive Economic Zone (EEC), Government Spokesman Stephanos Stephanou, has said today. In statements to the press, Stephanou described the issue as a very sensitive one, which has political, economic, legal and technical …

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Growth Of Middle East Oil And Gas Sector Drive The Skids Applications

October 18, 2011 | Author: | Posted in Oil & Gas

The oil rich nation such as the Middle East will be the principal drivers for growth in the oil and gas equipment market through 2012. The market for intelligent oil and gas metering skids in the Middle East is still in early stage, but its potential for growth is brought to sight within future plans …

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Alliance Geotechnical Services granted ISO 9001:2008 Certification

September 22, 2011 | Author: | Posted in Oil & Gas

Jakarta, Indonesia, (September 1, 2011) – Alliance Geotechnical Services (AGS) and its Indonesian subsidiary PT Aliansi Lintas Teknologi, a leading engineering and consulting firm in the Asian oil and gas sector has been approved for ISO 9001 certification by SGS, a nationally known quality assurance firm. For AGS, the receipt of ISO 9001 certification, the …

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Oil and Gas cyber security are you at risk?

September 15, 2011 | Author: | Posted in Oil & Gas

*Cyber espionage hit the headlines last week with reports of a series of hacker attacks—dubbed Night Dragon—aimed at major energy companies. The sophistication level of the attacks is significantly lower than that of the notorious  Stuxnet worm that was found infecting control system networks last year, experts say. But the Night Dragon attacks, believed to …

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Unconventional Gas Sources to Drive Growth of Indian Natural Gas Production

September 9, 2011 | Author: | Posted in Oil & Gas

  According to our recent market research report, “Indian Natural Gas Sector Analysis”, India represents one of the fastest growing natural gas markets and it is the sixth largest consumer of energy in the world. In India, energy ‘demand vs. supply’ gap has increased the focus on developing possible energy resources. India has huge reserves …

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GPA GCC and The Energy Exchange to partner for the Gas Arabia Summit

August 10, 2011 | Author: | Posted in Oil & Gas

In occasion of the seventh edition of the Gas Arabia Summit, the Gas Processors Association – GCC Chapter (GPA GCC) and The Energy Exchange have established a strategic partnership to address critical gas related challenges. The Chairman of GPA GCC  and Vice President Southern Area Oil Operations at Saudi Aramco, Mr Saad Turaiki will be …

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Leading Oil and Gas operators and owners gather at the 12th Annual FPSO Congress

August 10, 2011 | Author: | Posted in Oil & Gas

Operators and owners from development hot spots including Brazil, UK, Malaysia, Singapore, Indonesia, Australia to discuss the pressing challenges and opportunities in the industry. A recent report from Visongain indicated that “2011 to be a promising year for the FPSO market, with spending worldwide expected to reach $6.8bn. The industry will expand considerably over the …

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The elusive brain drain in oil and gas

August 5, 2011 | Author: | Posted in Oil & Gas

  Today’s resignation wave of hard-to-find talent and skill gaps is a battle that ensnares oil and gas companies’ productivity and adaptability. The search for solutions is on and some may have found the key.   =====================================================     SINGAPORE (5 Aug 2011) – 2011 marks intensified recruitment targets for oil and gas companies globally. …

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Territorial disputes on E&P in Asia ramps up as China Sea explored

August 4, 2011 | Author: | Posted in Oil & Gas

  Competing claims of territorial ownership across the region mean that billions of barrels of oil are stuck underground, with companies unable to access these resources until such wrangles are resolved.   =====================================================     SINGAPORE (4 Aug 2011) – Blistering economic growth across Asia over the past few decades has cranked up anxiety levels …

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Junior Oil and Gas Stock Trading Alert; Osage (OTCBB: OEDV) Trading up

July 22, 2011 | Author: | Posted in Oil & Gas

Point Roberts, WA – July 22, 2011 (Investorideas.com Energy Newswire) – www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a trading alert and stock chart for showcase energy company, Osage Exploration and Development, Inc. (OTCBB: OEDV). The company has had a five day move from the $0.30 range to today’s high …

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Supreme Petrochem Ltd records a 45% increase in Net Profit for the year 10-11 to `87.69 crores

July 18, 2011 | Author: | Posted in Oil & Gas

• Net revenues for the year at `1943.49 crores • Announces a dividend of ` 2.80 per equity share for the year 2010-11 Mumbai, 18th July, 2011: Supreme Petrochem Ltd (SPL) a Styrenics major and the largest polystyrene producer in India has reported a Net profit of `87.69 crores for the year ended June 30, …

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Dawn of the golden age of gas

July 7, 2011 | Author: | Posted in Oil & Gas

Global demand for gas said to exceed demand for coal by 2030 SINGAPORE (7 July2011) – Bank of America-Merrill Lynch commented that, “The global LNG market is tightening rapidly. In our view, the global gas glut is set to disappear quickly”. Analysts are echoing similar sentiments with expectations for global demand for gas to exceed …

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Oil Falls to $92 Amid a Stronger Dollar.

June 25, 2011 | Author: | Posted in Oil & Gas

Oil prices fell to below $92 a barrel Monday June 20, 2011 as Greece’s deepening financial crisis continued to reverberate around markets. By early afternoon in Europe, benchmark oil for July delivery was down $1.09 to $91.92 a barrel in electronic trading on the New York Mercantile Exchange. The contract lost $1.94, or 2 percent, …

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M&As, JVs proliferate with resurgence of Southeast Asia’s Oil and Gas clout

June 21, 2011 | Author: | Posted in Oil & Gas

National Oil Companies meet up with Mideast, African, Latin American counterparts at Production Optimisation Week Asia this 25-29 July 2011 at the Westin Kuala Lumpur   SINGAPORE (20 June 2011) – Speaking at the World Economic Forum (WEF), Indonesian President Susilo Bambang Yudhoyono predicts Asia as the continent of the future. Following through, national oil …

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SE Asia poised to be central energy market, region’s O&G to step up

June 13, 2011 | Author: | Posted in Oil & Gas

Malaysia, Southeast Asia’s second largest oil and gas producing nation poised for explosive growth with national oil company, Petronas upping capex budget to RM300 billion SINGAPORE (9 Jun 2011) – Expounding on revised expansion plans of Petroliam Nasional Bhd (Petronas), Datuk Shamsul Azhar Abbas, chief executive officer of Petronas, said that, “Capex quantum will be …

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Gas, second fiddle no more

May 5, 2011 | Author: | Posted in Oil & Gas

Contact:  Eunice Wee Arc Media Global (+65) 6844 2080 powa@arcmediaglobal.com www.arcmediaglobal.com/powa   Global LNG demand set to triple to 400 million tons per year by 2020 SINGAPORE (4 May 2011) – According to Coffey, demand for liquefied natural gas (LNG) is on the meteoric rise and such growth is expected to persist over the next …

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