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South Korea Sets Long-Term Renewable Power Targets

2019-04-19 15:01:23| OGI

South Korea plans to boost the share of its energy output generated from renewable sources to as much as 35 percent by 2040, a draft revision to government policy showed on April 19, over four times the current amount.

Tags: power south sets korea

Category: Industrial Goods and Services
 

BP, Partners Sanction $6 Billion Azeri Central East Development Offshore Azerbaijan

2019-04-19 14:51:02| OGI

BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.

Tags: development central east partners

Category: Industrial Goods and Services
 

Nothing Tops LNG

2019-04-19 14:30:00| OGI

Above power, petrochem or even Mexico imports, LNG holds the key to U.S. natural gas demand growth and price recovery. And the Haynesville Shale is pole positioned.

Tags: tops lng

Category: Industrial Goods and Services
 

FERC Approves Two New LNG Export Projects

2019-04-19 00:03:22| OGI

The Federal Energy Regulatory Commission (FERC) today approved the Driftwood LNG and Pipeline projects, and the Port Arthur LNG and Pipeline projects.

Tags: projects export lng approves

Category: Industrial Goods and Services
 

Exxon Mobil Tacks On Another Discovery Offshore Guyana

2019-04-18 23:00:09| OGI

Exxon Mobil Corp. and offshore Guyana partners continue their success with their 13th discovery on the Stabroek Block and fifth discovery in the Turbot area.

Tags: mobil discovery guyana offshore

Category: Industrial Goods and Services
 

Frac Spread: NGL Prices Ride A Positive Wave

2019-04-18 21:37:28| OGI

Speakers at DUG Permian stress how connecting the mighty basin to the Gulf Coast is a path to profitability.

Tags: prices positive spread wave

Category: Industrial Goods and Services
 

Marketed: Nonop Oklahoma Assets, ORRI Across The State

2019-04-18 21:30:35| OGI

2Bretts retained EnergyNet for the sale of nonop assets and overriding royalty interest plus producing and non-producing minerals across Oklahoma through an auction ending May 1.

Tags: state assets oklahoma marketed

Category: Industrial Goods and Services
 

US Oil Drillers Cut Rigs For First Time In Three Weeks

2019-04-18 20:40:28| OGI

The rig count fell for the past four months and production growth in the Permian Basin and other key shale basins have slowed as oil prices fell and many independent shale companies cut spending.

Tags: time three weeks cut

Category: Industrial Goods and Services
 

Turan Drilling Wins $500 Million BP Contract In Caspian Sea

2019-04-18 20:25:27| OGI

Turan Drilling, a JV between KCA Deutag and SOCAR AQS, secured the contract for operations and maintenance of seven platform drilling rigs operated by BP in the Caspian Sea, SOCAR AQS head said

Tags: million sea contract wins

Category: Industrial Goods and Services
 

IndustryVoice: 4 Factors that Drive Efficiency and Effectiveness in Frac Sand Sourcing

2019-04-18 20:15:00| OGI

Whether you need high-quality northern white sand or standard-quality sand from West Texas, sourcing choices drive your economics and efficiency.

Tags: drive factors efficiency effectiveness

Category: Industrial Goods and Services
 

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