Keyword: oil and gas

News

Total CEO Christophe de Margerie: Kashagan Oilfield Won’t Restart Until 2014

11.11.2013 - Kazakhstan's giant Kashagan oilfield will not be able to restart production before the end of 2013, said the chief executive of French oil company Total, one of the partners in the...

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Ineos Said to be Restarting Grangemouth crackers

06.11.2013 - Ineos is said to be in the process of restarting its gas-fed cracker at Grangemouth, Scotland. All facilities at the site were put on "cold standby" on October 15 at the height of...

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Oil Service Firms Rush To Saudi For Busy Drilling Year Ahead

29.10.2013 - Global energy service giants are banking on a boom in Saudi oil and gas drilling over the next few years to revive profits that are being squeezed by overcapacity in the North...

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GE Drops Legal Fight Over Running Tar Sands Megaloads On Idaho Highway

29.10.2013 - A General Electric subsidiary has dropped its appeal of a federal court order barring a massive shipment of tar sands oil-field equipment from being trucked along a scenic Idaho...

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Petrobras Net Profit Falls 39% On Higher Costs

28.10.2013 - Brazil's state-run oil company, Petrobras, said on Friday that quarterly profit fell 39% from a year ago as rising exploration and administrative costs drove up spending while fuel...

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Glimmer of Hope for Grangemouth After Union Rethink

24.10.2013 - Following a meeting between shop stewards of the Scottish trade union United and representatives of Ineos management on the morning of Oct. 24, it appeared as if the union was...

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Protests, Strike Against Big Brazil Oil Auction Expand

21.10.2013 - Brazilian oil workers said on Friday they managed to reduce oil and fuels output from state-run oil company Petroleo Brasileiro for a second day after launching a strike for higher...

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Shale: No End in Sight

17.10.2013 - North Dakota's rapidly rising oil output continues to defy the skeptics, who have predicted that production would stop growing as declining output from existing wells offsets extra...